Category Archives: Everything About Foreclosures

Everything about foreclosures…from the default process to renters’ rights to national trends.

1 in 4 Nevada Foreclosures Are Strategic

Posted on January 31, 2011 by irvinerenter

Strategic default has become common and accepted in Las Vegas. Continue reading →

Posted in Foreclosures, Home Economics, Social Mood Swings, Strategic Defaults | Tagged Foreclosures, Home Prices, Las Vegas, Strategic Defaults | Leave a comment

Negative Equity Figures Are Worse Than You Think

Posted on December 21, 2010 by irvinerenter

Almost a quarter of all homeowners with a mortgage are underwater. It’s a staggering number. But the effective home equity is worse than the officially reported figures would suggest. Since selling a house has a cost paid by the seller, 6% to 10% of home equity is pulverized to grease the wheels of commerce. That being the case, a prolonged period of stagnant home prices immobilizes the population. With no equity to pay the transaction costs of leaving, homeowners with less than 10% equity are effectively underwater. Continue reading →

Posted in Home Economics, Short Sale News, Strategic Defaults | Tagged negative equity | 1 Comment

Superman, Save Our House! Top 5 Craziest Foreclosure Rescue Attempts

Posted on November 11, 2010 by Doug Reynolds

Well, the most common approach to avoiding foreclosure is selling your property as a short sale.  Here’s a few uncommon approaches.  Enjoy. clear skies,   Doug Reynolds www.SellWithDoug.com Treasure hunting, demolition, forgery–even a telethon. Our picks for the top five most … Continue reading →

Posted in Everything About Foreclosures, Takin’ It In The Short Sales, What You Need To Know About Buying and Selling Real Estate | Tagged Bizarro World, Foreclosure, Real Estate, short sale | Comments Off

7 Tips for Short Sale Success

Posted on November 3, 2010 by Doug Reynolds

Needing to sell your house for less than you owe?  Upside down on your mortgage?  Here’s some tips to get you heading in the right direction to avoid foreclosure.  You have options.  Let me know if me and my short … Continue reading →

Posted in Everything About Foreclosures, Takin’ It In The Short Sales, What You Need To Know About Buying and Selling Real Estate | Tagged credit score, Foreclosure, Real Estate, Sellers, short sale | Comments Off

How to Assess the Real Cost of a Fixer-Upper House

Posted on November 2, 2010 by Doug Reynolds

When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix. Here’s a good article on deciding if buying a fixer is for you.  If so, it explains steps to take … Continue reading →

Posted in Everything About Foreclosures, Home Economics, What You Need To Know About Buying and Selling Real Estate | Tagged Buyers, did you know, home maintenance, investor, Real Estate | Comments Off