Mortgages & Lending by Charles Feldman | October 25, 2006Last year was an out and out bummer if you wanted to find yourself a real estate bargain. As Dian Hymer says, writing for Boston.com,the bargainless real estate market of a year ago was due in large measure to the fact that inventories of homes for sale reached record low levels. But what a difference [...]
Read the full article → Foreclosures by Joshua Dorkin | August 29, 2006What is a Foreclosure? A foreclosure occurs when a property owner cannot make principal and/or interest payments on his/her loan, typically leading to the property being seized and sold. How does a foreclosure occur? The foreclosure process is not very difficult to understand. There are several stages during which the homeowner has an opportunity to [...]
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