Rosen Properties Real Estate Blog

Archive for the ‘Foreclosures’ Category

What Is Foreclosure? Does It Work The Same in Every State? How Does A Foreclosure Work?

January 19th, 2011

There are 3 types of Foreclosure. They are: Judicial Foreclosure; Non Judicial Foreclosure, and Strict Foreclosure. I will describe the three, but the rules can be very different from state to state. If you are facing foreclosure you should contact someone at a title company or a lawyer to find out the rules for foreclosure [...]

Banks vs. Trees

July 16th, 2010

I heard a story today about a real estate investor working on a rehab in a state different than where he lived, I’m not sure but I think it was Florida.  The state is irrelavant to my story but the law mentioned made me think.  This investor wanted to cut down a tree to improve his curb appeal until [...]

Has Your Real Estate Agent Failed To Deliver?

May 24th, 2010

When you told your real estate agent that you needed to sell your house, you probably heard great stories about how it would sell in no time, at a great price. But, that’s NOT how it’s worked out. Instead of hearing great stories, now you’re hearing great excuses for why your realtor hasn’t sold your [...]

Worse Mortgage Crisis Coming

November 30th, 2009

The last mortgage crises was led by sub-prime loans. The next mortgage crises is being led by the “higher quality” loans; Alt A loans, interest only that are now converting to interest plus principle loans loans and Option Arm loans that started out with unreasonably low “teaser interest rates” that will now adjust up like [...]

Behind On Mortgage Payments? Need To Stop Foreclosure?

October 28th, 2009

When you got your mortgage, you could handle your payments. But life has a way of turning things upside down. Divorce, health problems and job loss can leave you in a position where you fall behind on mortgage payments. Unfortunately, the bank doesn’t allow partial payments. They want it all, and they want it now, [...]

Tenant/Buyers Beware

October 15th, 2009

As an investor, don’t abuse the system… as a tenant/buyer, beware, there are some bad people out there!