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Freddie Mac Short Sales are Way Up

Freddie Mac is under the gun to remove non-performing property from its rolls. The GSE has lost $84.4 billion since mid-2008 and has recently been de-listed from the New York Stock Exchange. Freddie Mac has resolved to relieve itself of non-performing property any way it can, including stepping up its...

Posted to Buying Foreclosures (Forum) by RickyGib on 12 Jul 2010
Buying before the foreclosure auction via short sale or buying at the foreclosure auction?

As an investor or a retail buyer looking to buy at a discount where are you more likely to find the steepest discount?

Posted to Buying Foreclosures (Forum) by RickyGib on 11 Jul 2010
Re: How much of a discount from listed price are banks dumping REO properties?

It is not only in your benefit to offer a price that the market will support but as an investor, it is mandatory to back up your offer with comparables that will support that offer. As an investor we feel we are helping to get some of these distressed properties off the books of the lenders and placing...

Posted to Buying Foreclosures (Forum) by RickyGib on 11 Jul 2010
How to find short sales on RealtyTrac's website

I received the February Newsletter today from RealtyTrac. They have an article about how to find short sales on their website. Here's the link from the newsletter: http://www.realtytrac.com/news-trends/newsletter/current.html?a=b&year=2010&month=February&article=4&accnt=235951 I was...

Posted to Buying Foreclosures (Forum) by OCWebgirl on 10 Feb 2010
Investment Property in New Orleans, LA

I'm looking to buy a multi-family investment property in New Orleans, LA, in the Uptown area in the 70118 ZIP Code. Does anyone know of any good properties or a good agent in the area?

Posted to Buying Foreclosures (Forum) by Housing Sage on 29 Jan 2010
Re: There is property across the street that is suppose to be in foreclosure. I'm interested in purchasing it and fixing it up for resale. How do I find out who to contact about it's status. The property is in North Fort Myers, FL.

You can search for the property by address or using the Map search on RealtyTrac. As a member of RealtyTrac you get access to the property's foreclosure status, along with the owner information, attorney information and lender information. If the property is listed for sale, RealtyTrac will also...

Posted to Buying Foreclosures (Forum) by darenb on 19 Jan 2010

The information in this Community is for informational purposes only and should not be construed as expert or professional advice or substitute for professional, financial or other such counsel. RealtyTrac and its affiliates assume no liability for any inaccurate information, or for any actions taken in reliance thereon. The content submitted by each user has been supplied by such individual or firm without verification by RealtyTrac, and is considered public property since it will be published publically to the online world. Any content submitted by a user is strictly the opinion of that user; RealtyTrac assumes no responsibility or liability for any content published in the Community. Submitting content to the Community does not initiate or constitute a business relationship with RealtyTrac or any user.

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Browse Forum Posts by Tags

Freddie Mac Short Sales are Way Up

Buying before the foreclosure auction via short sale or buying at the foreclosure auction?

Re: How much of a discount from listed price are banks dumping REO properties?

How to find short sales on RealtyTrac's website

Investment Property in New Orleans, LA

Re: There is property across the street that is suppose to be in foreclosure. I'm interested in purchasing it and fixing it up for resale. How do I find out who to contact about it's status. The property is in North Fort Myers, FL.