Comments on: Different Ways to Buy Foreclosures

By: jim@emergency locksmith

jim@emergency locksmith — Wed, 19 Aug 2009 22:03:40 +0000

Always a good idea to have your new homes locks changed.. you never know who may have a key! nice artlicle

By: Team Aguilar @ List of Riverside Foreclosures

Team Aguilar @ List of Riverside Foreclosures — Wed, 03 Jun 2009 04:52:51 +0000

Here is our list of Riverside Foreclosures – Bank Owned Homes (REO’s). I really think this is by far the best list of Riverside Foreclosures. Please check it out when you can.

By: Alex Aguilar @ Free List of San Diego Foreclosures

Alex Aguilar @ Free List of San Diego Foreclosures — Wed, 03 Jun 2009 04:46:05 +0000

I still beleive we have the best “Free List” of foreclosures and short sales in San Diego County. Feel free to click on the link above to view foreclosures by city or zip code.

You can also view all foreclosures in Riverside County now. Please check out the home page and click on Riverside Foreclosures.

By: ken@cheap web hosting

ken@cheap web hosting — Wed, 18 Mar 2009 23:42:50 +0000

I agree with you. Most auctions the prices are to high when you see what the homes need to have fixed. People get in frenzy and pay more than they should sometimes. Realtors know what house is a good deal and location so that should be my first choice.

By: Bryan Dasilva

Bryan Dasilva — Mon, 09 Mar 2009 22:13:35 +0000

With a Realtor it is much easier to find listings of foreclosures. When I went looking for homes in South beach and Alton rd I Found the prices to be a little bit expensive in that area. The cheapest I found a home to be was priced at 499,000 IN FORECLOSURE! Read more about my experience with the South Beach Pricing of Foreclosure homes at http://brydasilva.com/foreclosure/foreclosure-homes-in-miami

Bryan Dasilva’s last blog post..My Diet.

By: Phone service san diego.

Phone service san diego. — Wed, 31 Dec 2008 00:44:36 +0000

I agree that auctions are not the best way to buy foreclosed homes. If the bank or relator can not sell them then they try to sell it at auction. People wind up paying more than normal alot of times at a auction and do not look over the house before. Phone service san diego.’s last blog post..georgia local phone service provider

By: Explore Hawaii Blog

Explore Hawaii Blog — Wed, 30 Jul 2008 17:27:17 +0000

I was reading somewhere that offlate trends are that more and more people are inclined to buy foreclosure properties as a result of which there is a boom in this business. I hope this stays !!

By: San Diego Foreclosures

San Diego Foreclosures — Sat, 19 Jul 2008 22:31:35 +0000

If you hold the Third Mortgage then the only way that you can protect your position is to satisfy the 1st & 2nd, which are superior liens to your 3rd.

If the borrower is not paying your 3rd lien, or even if he is but he is not paying the 1st or 2nd, then you would have the right to file a notice to default and then subsequently a notice of sale, which is the actual foreclosure. The reality is that to perfect your right to foreclose you would have to pay off any liens that are superior to yours, the 1st and 2nd, and this may not make much economic sense unless there is sufficient equity that you would be able to justify paying of the $200k owed to the 1st and 2nd and end up as the owner of the property by virtue of your foreclosure.

This is a prime example of why someone in a 2nd lien position is always in greater risk then the 1st lien position and someone in 3rd lien position is even in greater risk because the 1st and 2nd are superior.

By: steve

steve — Sat, 19 Jul 2008 02:02:21 +0000

I hold a third mortgage on a property that is now being foreclosed on by the first mortgage holder. The first and second total $200,000 and the house is worth $300,000 I think. What strategy would you use now?

By: RefinancingTips

RefinancingTips — Tue, 29 Apr 2008 04:32:12 +0000

Great read. I think I’ll subscribe to this as it has some good info! Thanks. I do apppreciate the blog