Buying a foreclosed home can seem like a dream. Deals sound like they’re too good to be true. But there are some hidden dangers in buying foreclosed properties that could be disheartening and disappointing if you’re not aware of them.
Want to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too?
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always…
Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008.
If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.
Back in 2008, there was an oversupply of homes for sale.
More homeowners are realizing they need an agent’s help in this complex market – and that’s why a record-low number of people are selling without a pro by their side.