The special forms that they are referring to are usually an addendum to the Purchase Agreement and sometimes disclosures that the seller (bank) wants to have signed by any potential buyer before executing the contract.
The addendum is used to confirm the terms of the offer and often times does away with portions of the original […]

Many of our clients have asked about paid services that claim to have foreclosure and preforeclosure listings at huge discounts.
We have tried two of these services in the past and have found that all they provide is either MLS listings of properties that are shown to be “short sales” or “REOs” (the same information that we have here!), […]

Foreclosure is the process that begins when a homeowner receives a notice of default, this is usually after a couple of missed payments. At this point the property owner has the option to bring their account current and avoid foreclosure. If this is not possible, they may decide to list their home for sale.
The term […]