Real Estate Foreclosure Guide

California Real Estate Law Foreclosure Rights Section


 


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California Real Estate Law Foreclosure Rights Article

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Advantages Of Paid Real Estate Foreclosure Lists

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The advantages of paid real estate foreclosure lists are many. You not only get one centralized area to locate foreclosures, but you get to do it nationwide. If you have an interest in investing in foreclosure real estate, the first tool you should use is the “real estate foreclosure listings.” You may want to do it on the cheap by gathering free information from public records and newspapers, but that will take a lot of time and not necessarily offer you a bird's eye view of multiple geographical areas at one time.

Investing Nationwide

If you are trying to get a good deal, you don't necessarily have to limit yourself to where you live. With today's soft real estate market, good compiled real estate foreclosure lists can help you search states where discounts may be sharper and deals better. There's no reason you have to limit yourself to your own geographical area, especially when you are doing this as an investment.


Third Party Online Services

Websites that offer real estate foreclosure lists are places like realtytrac.com and foreclosurelistings.com. There are so many third party online websites wanting to help you with your foreclosure search that it can get a bit confusing. Ultimately, you want one that can not only provide the basic list but also provides additional information that may be hard to find through the public records. The paid real estate foreclosure lists should conglomerate more than one source of information, otherwise you might as well have done the search through the public records only. You will want to see lien information and possible inspection reports too.

It's Faster

If time is money, then the less time you spend doing the legwork upfront in locating foreclosures, the more time you have to check the properties out indepth later. Especially with foreclosures that are time-sensitive, you want to understand when they are going to auction and what the possible return on investment might be after fixes and liens are paid off. Good real estate foreclosure lists will help to make your job easier and provide you with a wealth of information that would be hard for you to consolidate yourself in a short amount of time.

By locating more than one property and saving time through paid real estate foreclosure lists you can build a strategy to let you buy one property should the price on another be outside your range. You will be able to juggle multiple real estate investments more easily and have more time to check out the remaining properties that you have spotted indepth, even comparing them as an investment to other homes in other states, if need be.


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California Real Estate Law Foreclosure Rights Specific links

California Real Estate Law Foreclosure Rights News

Foreclosure-prevention efforts bog down - Kansas City Star


Arizona Capitol Times

Foreclosure-prevention efforts bog down
Kansas City Star
Jerry Brown is pushing to use some of California's share of the $25 billion national mortgage settlement to plug holes in the state's budget, dismaying housing activists. Since the start of the real estate bust, foreclosures have been a persistent drag ...
MBA Advocacy Group Challenges California Foreclosure LegislationMortgageorb

all 78 news articles »

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REAL ESTATE: Texas firm targets homeowners with foreclosed 2nd mortgages - Press-Enterprise


abc7news.com

REAL ESTATE: Texas firm targets homeowners with foreclosed 2nd mortgages
Press-Enterprise
Many of the loans were secured by houses that already had been sold in foreclosure by first-mortgage lenders. By demanding payments from more than 1000 individuals in California, the lawsuit contends, Heritage Pacific has violated “the rights of those ...
Firm Targets Calif. Homeowners With Foreclosed 2nd MortgagesKGTV San Diego
Firm targets CA homeowners with foreclosed 2nd mortgagesabc7news.com

all 9 news articles »

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MPG Office Trust Announces Agreement with Two California Plaza Special Servicer - MarketWatch (press release)


MPG Office Trust Announces Agreement with Two California Plaza Special Servicer
MarketWatch (press release)
LOS ANGELES, May 24, 2012 (BUSINESS WIRE) -- MPG Office Trust, Inc. (NYSE:MPG) , a Southern California-focused real estate investment trust, today announced that the Company and the special servicer for Two California Plaza, a property that is ...

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Texas company targets foreclosed owners' second loans - San Francisco Chronicle


Texas company targets foreclosed owners' second loans
San Francisco Chronicle
Heritage Pacific, started by twins Chris and Ben Ganter, who once starred in the real estate reality show "PayDirt," has spent millions of dollars since 2008 to buy at least 40000 second-mortgage notes from around the country, mostly in California.

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Foreclosure victims sued - ABC7 investigation - abc7.com


abc7.com

Foreclosure victims sued - ABC7 investigation
abc7.com
The company is run by Chris and Ben Ganter, identical twin brothers who starred in their own reality TV show about making money in the real estate boom. The company says California law allows them to collect on second mortgages where they can prove ...
Foreclosed? That May Not Be the End of ItPatch.com

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