Tag Archives: housing
6 Pitfalls the Foreclosure Buyer Faces and How to Avoid Them
For many people the home they purchase will serve as their largest investment. And at the time of this writing, when it comes to homes for sale, the Foreclosure is king. Foreclosure properties are often identical to neighboring properties, only foreclosures tend to be $10-20,000 cheaper. As with all home purchases, buying a foreclosure will come with some costs. Unfortunately for the unprepared buyer, these costs can be much higher than they need to be. Its common for the unprepared buyer to fall victim to at least one of these common and very costly mistakes: Continue reading
Economic Outlook
The housing industry is still cooling Housing starts have plunged and there seems to be no green light in the near future. Even with low interest rates, the future is uncertain. Market forces have gathered into a market slowdown phase. … Continue reading