Record high foreclosures, no sh*t!

Have we not been talking about this for weeks, even months. The data lag is finally catching up with the news in the industry, or is it. Think of it as a ripple effect, first the industry people working the streets start to feel and see whats going on. Most of the time this feeling […]

Did you know? - What is a short sale?

A “short sale” or “short pay” as some people may call it, is just a discount. When talking about foreclosures and real estate, a short sale is used to describe the process of a party trying to discount a lien on the property. Most short sales are done under distressed circumstances to the property owner […]

Dealing with the former homeowners after you own their property

BY: Jeffrey Posner
SheriffSalesOnline.com

So you have just successfully purchased your first foreclosure property at the local foreclosure auction and you wonder, now what? Well in most cases there will still be an occupant in the house who will now become your tenant. If the occupant is a renter things will usually be easier, but if it’s […]

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