Are Lenders Shooting Themselves in the Foot?

Comments: (0) Written by: Duane LeGate Date: May 7, 2008

A couple of weeks ago, Reuters reported that “Realtors in many U.S. states say lenders are demanding excessively high prices before allowing distressed borrowers to offload their homes in ‘short sales,’ making the housing crisis worse.”
A short sale, as we have discussed here before, is when a borrower sells a home below market price and […]

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I Could Tell You a Million Horror Stories

Comments: (0) Written by: Duane LeGate Date: April 6, 2008

I just got off the phone with someone who got burned while trying to cut corners when investing in a foreclosure. I could tell you a million horror stories like his, but I won’t. Instead, I offer this simple piece of advice:
Use a real estate professional experienced in foreclosure sales when investing in a foreclosure. […]

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