Tag: Foreclosure

'Home Buying Tips: Choosing Short Sale Real Estate Properties

Potential homebuyers should not rush into a real estate short sale purchase because of the price; other details would need to be considered such as location and resale value.

'U.S. Foreclosures At Record Low Since 2005

Mortgage Banker's Association's National Delinquency Survey showed a seasonally adjusted rate decrease of 4.99 percent in overall outstanding loans for one-to-four-unit residential properties at the end of 2015's third quarter; the lowest since the first quarter of 2007. The delinquency rate plummeted 31 basis points from the previous quarter, and 86 basis points from a year ago, World Property Journal reports.

'Atlantic City Real Estate: Foreclosure Rates Nearly Four Times the National Average

Atlantic City is now gaining quite a reputation for being the one with the highest foreclosure rate in the United States.
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