Bellingham Real Estate / Housing Crisis or Housing Opportunity?
The current Bellingham/Whatcom County housing climate has created crisis for some homeowners and opportunity for some home buyers. As in any time of instability, there is the potential for risk on both sides. The first step to managing risk is to know the terms; the second step is to have some knowledge of the process; [...]
What Should I Know Regarding Real Estate-owned Properties
A real estate-owned (REO) house, also called a bank-owned property, is typically one that did not successfully make it through the foreclosure auction process. As a matter of fact, instead of auctioning the home after foreclosure to satisfy the original mortgage loan, the lender, which is as a rule a financial institution such as a [...]
Buying The Right Kind Of Foreclosure Home
The market for foreclosed homes has become immensely popular in recent times. You see people on TV, buying foreclosures and flipping homes and sometimes you might wonder if buying into the foreclosures market is right for you. A lot of people are now trying to get into this business because foreclosed homes are seen as [...]
