The Different Types of Foreclosure Lists

October 17, 2008

Foreclosure lists can be a goldmine to foreclosure investors if they’re accurate and fresh, but is there only one type of foreclosure listing or are there multiple types?  If you get one list, will it include all of the types? There are multiple types of foreclosure lists, and just because you buy an “all inclusive” [...]

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Neighbors sometimes deal with aftermath of foreclosures

August 27, 2008

A human interest piece, coming from the Dayton Daily News that really expresses the way that foreclosures affect not just the home owner, but the neighborhood too. Every day, free advertising leaflets are dropped off on the driveway of the vacant house next to Bob Johnson’s home. And every week, he goes next door to [...]

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Move to Decatur anyone?

August 26, 2008

While many parts of the nation struggle with rising unemployment and plummeting home prices, Decatur, Illinois, has outperformed national trends to create a strong housing market buoyed by a growing economy. The labor force has grown by more than 1,500 jobs since January 2008, according to the U.S. Bureau of Labor Statistics, and that has [...]

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Zillow Pillow Justice

August 25, 2008

A hilarious video is making the rounds online about “pillow justice”. In reality, it’s a plug for the real estate site Zillow.com. I use Zillow all the time, and if you’ve never been over there, you should go and take a tour. In their early days, it was pretty much just a way to look [...]

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Buffet on the economy and Mae and Mac

August 24, 2008

MSNBC has reported that Warren Buffet is predicting that the feds are going to bail out Fannie Mae and Freddie Mac. Sorry Mr. Buffet, I think I blogged about that likelihood last week. The only problem is that the government will probably not step in soon enough. FM and FM are bleeding red right now. [...]

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Home prices down 29.3% in California

August 23, 2008

A report in the SFGate on the state of real estate in the Bay area: Cut-rate foreclosed homes being unloaded by banks wreaked havoc on the Bay Area’s median price in July, sending it down nearly 30 percent to a level not seen in more than four years. A year earlier, just 4.2 percent of [...]

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