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As a property investor, I am often asked what does REO mean when buying real estate for sale? An acronym for ‘real estate owned’, REO refers to foreclosure property repossessed by mortgage lenders. When foreclosure real estate does not sell through public auction it returned to the lender, who in turn lists the property for […]

In these difficult economic times, even the most persevering of homeowners may find it difficult to keep up with their mortgage payments. With a faltering job market, increasing unemployment, and tightening restrictions on credit, mortgages are frequently falling into arrears. The growing number of home foreclosures has been in the forefront of recent news, and […]

Selling your property like a business or your house in East Brunswick, NJ is not that hard if you know how to play the game. A lot of buyers these days are out in spades in trying to make the most of what the market has to offer. So if you want to sell property […]

Selling your home on the internet can save you thousands in commission costs, and is often faster than using a real estate agent. However, one of the key issues with advertising your property online is that your advertisement is often competing with a large number of other properties in the same general area. Consequently, your […]

A lease option home purchase (also rent to own purchase” or “rent to own”) is a lease-agreement combined with an option-agreement to pay for the house within a stipulated time, typically three years or fewer, at an agreed cost. The borrower pays an option charge, 1% to 5% of the cost, which is credited to […]

Step 1- Find and sign up with a reputable bankruptcy attorney in East Brunswick, NJ by researching the Internet or from word of mouth by friends or family. It’s important to find a bankruptcy attorney that will work well with you because the process will take 4 to 6 months. It’s also nice to find […]

If you are buying a home, then it can be hard to know the best agent that will help you to find that you want. Many real estate agents take their license and find themselves on their personal in a brokerage with no practice to think out of the real estate game. Do you want […]

Mortgage settlement is not the same as mortgage foreclosure settlement! A simple mortgage settlement is where you get either your interest rate and/or your principal reduced by a government program. A mortgage foreclosure settlement is when you prove the bank’s fraud in court and you settle for a reduced payment, reduced interest rate, and/or a […]

If you think buying a home is tough, try selling your own. Buying usually gives you due advantage during negotiations, but selling can be more challenging. In real estate, the seller usually takes the brunt of finding the right buyer and facilitating transfer of documents while obtaining a lucrative deal as planned. With much of […]