1 Articles match "Avoid","Balloon Payment","Maine"

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Secrets of Pre-Foreclosure Investing
Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. On one deal, I knocked on a door of a homeowner who had a small mortgage, but there was a balloon payment due on a private money lender,” said Geritano. “We Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
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  • Secrets of Pre-Foreclosure Investing
    Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. On one deal, I knocked on a door of a homeowner who had a small mortgage, but there was a balloon payment due on a private money lender,” said Geritano. “We Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE