hard money loans

More Las Vegas houses boarded up despite improved economy

For Sale Foreclosure
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At an abandoned house a mile or so from the Meadows Mall, the boards covering the front door and windows have a red-colored message: “No Trespassing.” But people aren’t staying away. A side gate is open, someone graffitied an anarchy symbol on the house, and a next-door neighbor sees vagrants come and go. Some nights, […]


Financing Foreclosures 2011

Foreclosure

Financing foreclosures Financing foreclosures can be a challenge. Financing real estate foreclosures with purchase money   mortgages is not a viable option if the borrower or the property does not qualify. Banks will not finance properties that need major repairs, unless the loan is owner occupied and the borrower qualifies for and FHA 203k rehab purchase […]


Buy a foreclosure – save 30% on the price

Foreclosure
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Buy a Foreclosure? Foreclosed properties are selling at a discount that can only be described as HUGE! Homes in foreclosure sold for 32% less than homes not in foreclosure during the third quarter, according to a report released Thursday by RealtyTrac. The biggest average discount for any state was in Ohio, where foreclosures went for […]


Foreclosure fiasco frustrates homeowners

Foreclosure

Thousands are legally challenging their home foreclosures Jones has fought for more than a year to keep his two-story townhouse from being foreclosed. DELRAY BEACH, Florida — Curtis Jones has fought for more than a year to keep his two-story townhouse in this beachside Florida city from being foreclosed. Jones, a 49-year-old construction worker, feels like […]