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3 Posts tagged foreclosures

Real Estate Receivership on the Rise – 4 benefits

For the Home · Read in 2 minutes 

4 benefits to buying real estate in receivership Lenders see foreclosure alternative as win-win By Tom Kelly In a nutshell, a receivership is an alternative to a foreclosure proceeding (where a lender takes ownership of the project) or a bankruptcy proceeding (a trustee takes control of the project). Receivers are court-appointed individuals given custodial responsibility […]

Oklahoma Foreclosure Rate Heat Map from RealtyTrac

Info For Pros, Real Estate Research, Stats, and Trends · Read in less than a minute 

Foreclosures can present good deals, but that means currently-owned real estate receives downward pricing pressure. In this current real estate market, there are many foreclosures available and I have experienced a lot of activity, including being part of multi-offer scenarios, which help increase offer prices. So showing the foreclosure numbers and trends can help you […]

Credit Reports, Scores, and Counseling Services

Info for Clients · Read in 8 minutes 

Here are some quick points to get you caught up in the world of credit reporting and scoring: There are three national credit bureaus: TransUnion (HQ in Chicago, IL), Equifax (HQ in Atlanta, GA), and Experian (US HQ in Costa Mesa, CA; Global HQ in Dublin, Ireland). Fair Isaac Corporation (FICO) (HQ in┬áMinneapolis, MN) was […]