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10-Step Foreclosure Buying Process

Understanding the foreclosure process is a must for real estate investors who hope to pursue this profitable & tricky investing opportunity. The folks over at FortuneBuilders put together this handy infographic outlining the 10-step foreclosure buying process in order help develop a strategy that works for you.  Happy...
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Foreclosure Starts Increase as Storm-Related Cases are Filed

In Black Knight’s “First Look” for March, 2018 they report that as 2017’s hurricane impact shifts away from delinquencies, foreclosure starts rose by nearly 12%  – mostly in the hurricane-impacted areas of Florida & Texas.  However, overall, active foreclosure inventory continues to shrink, falling by 10k loans in...
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Foreclosure Starts Hit Lowest Level Since 2005

In their “first look” report for October 2016, Black Knight Financial Services is reporting that foreclosure starts have hit their lowest level since January 2005.  According to the report, October saw were 56,500 foreclosure starts (lowest in nearly 12 years) as well as a lower prepayment level than...
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Just Under 2% of all Mortgages in Foreclosure

According to the Mortgage Bankers Association, as of Q3 2016, 1.55% of all mortgages nationwide were in some stage of foreclosure. States such as Florida and California saw foreclosures increase early in the crisis but they have fallen steadily since their peaks with foreclosure inventory rates down to...
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