Wednesday, May 21, 2008

Find Bountiful Bank-Owned Bargains

RealtyTrac logo Monthly Newsletter
ISSUE 19 - May 2008
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TOP STORY

Foreclosure By State

Foreclosure Activity Increases 5%

Foreclosure filings - default notices, auction sale notices and bank repossessions - were reported on 234,685 properties nationwide in March, a 5 percent increase from the previous month and a 57 percent increase from March 2007, according to RealtyTrac® March 2008 U.S. Foreclosure Market ReportTM. The report also shows one in every 538 U.S. households received a foreclosure filing during the month. VIEW FULL STORY >

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Going Against the Grain, Investor Finds Bountiful Bank-Owned Bargains

Despite the abundance of negative buzz surrounding the real estate market, Kirk Leipzig decided to pursue foreclosures as investment properties. He has found that decision to be a very good one. VIEW FULL STORY >

How to Buy Bank-Owned Homes

Why don't banks want to be in the real estate business? How do you identify the houses banks prefer not to own? What are the keys to negotiating confidently with bankers? What are the ways to ensure you'll have a comfortable profit margin? How do you wrap up the deal? LEARN HOW NOW >

Just A Little Help For Our Friends

For months there has been talk in Washington about avoiding the "moral hazard," an expression which means that using government dollars to help those now in trouble might not be a good idea. Why? VIEW FULL STORY >

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