Investors & Licensed Agents: Understanding the preforeclosure market

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Services for Real Estate Pros
How do I market myself as a specialist and turn preforeclosure data into listings?

ARCHIVED BLOG POSTS

2007 

Let me preface this by saying that even though New Jersey allows for deficiency judgments the state statute actually frowns upon deficiency judgments. Consider the case law below. Correct me if I am wrong but the majority of mortgage companies provide for short sales it appears because they woul...
06/15/2007
Real estate investor glossary of terms: Preforeclosure sale: Buying a property in preforeclosure involves approaching the borrower or homeowner and offering to buy the property outright. The borrower/owner can walk away with the equity in the property and avoid a foreclosure or sometimes a “char...
06/04/2007
10 Comments
My next few posts will be entries to a glossary of useful real estate investor terms. Please feel free to add terms, comment on definitions, and/or give examples. As always I welcome constructive feedback. Lis penden: (1) Latin for "a suit pending." The term may refer to ANY pending lawsuit. (2)...
06/04/2007
Rainer
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Tony Hodge

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