Category Archives: Government Owned Homes

Raleigh Area: 100% financing or NO DOWN payment Mortgages for home purchases.


This is one of the most search for questions we have on our Google Analytic. Yes there are many areas, however, it is based on the loan, not really the home or development. The Home or development must be in … Continue reading

Posted in Down payment Assistance, Government Owned Homes, No Down Payment 100% Financing, Pre Qualfing to buy a home, Raleigh Area Real Estate, Raleigh NC homes for Sale, VA loan, Wake Forest, Wake Forest NC homes for Sale | Tagged , , , , , ,

Decline in Shadow Inventory Parallels Drop in Non-Distressed Inventory: Both Help Prices


CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, reported today that the current residential shadow inventory as of April 2012 fell to 1.5 million units, representing a supply of four months. This was a 14.8 percent … Continue reading

Posted in Government Owned Homes, Raleigh Forclosure & REO Real Estate, Real Estate Investing, Real Estate investment seminar, REO | Tagged , , ,

REOs Deals Drying up?


Foreclosure bulk sales are slow to take off as investors report a shrinking pool of bargain-priced distressed homes, Bloomberg reports. Prices are recovering in once-hard hit markets, such as Phoenix and Miami, and as such, private-equity firms, hedge funds, and … Continue reading

Posted in Government Owned Homes, Raleigh Forclosure & REO Real Estate, Real Estate Investing, Real Estate investment seminar, REO | Tagged , , ,

Raleigh Foreclosure Myths


Many misconceptions have come and gone, we still encounter seven myths on a regular basis about foreclosures. 1. You can buy Raleigh Foreclosures for pennies on the Dollar. This has always been the biggest myth. Banks know what they have, … Continue reading

Posted in Government Owned Homes, Raleigh Forclosure & REO Real Estate, Raleigh Million Dollar Homes, Real Estate Investing, REO, Wake Forest, Wake Forest Real Estate Agent | Tagged , , , , , ,

NC Foreclosures: Investors NOW is your OPPORTUNITY


NC Investors that are looking to buy in bulk, 5 or more houses at one time, Fannie Mae may have what your looking for. Bulk buying of homes is simple but you must have the CASH to do so, Investors … Continue reading

Posted in Government Owned Homes, Pre Qualfing to buy a home, Raleigh Area Real Estate, Raleigh Forclosure & REO Real Estate, Raleigh NC Local Information, Raleigh Real Estate Agent, Real Estate Investing, Real Estate investment seminar, Relocate tp Raleigh NC, REO, Wake Forest, Wake Forest Real Estate Agent | Tagged , , ,

Raleigh Short Sales, REOs, and Foreclosure


Interested? Send me an email about what you are looking in a house, how much you have to spend, and what city or area? please include you FULL name and Telephone number Email to tom.bohlmann@allentate.com foreclosure Short Sale REO Bank … Continue reading

Posted in Government Owned Homes, No Down Payment 100% Financing, Pre Qualfing to buy a home, Raleigh Area Real Estate, Real Estate Investing, Real Estate investment seminar, REO, Uncategorized, Wake Forest, Wake Forest Real Estate Agent | Tagged , ,

Foreclosures Post Big Drop, Reaching 2007 Levels


Daily Real Estate News | Thursday, January 12, 2012 Foreclosure filings posted a 33 percent drop in 2011, falling to their lowest levels since 2007, RealtyTrac reports. During 2011, one in every 69 homes received a foreclosure filing and 804,000 … Continue reading

Posted in Government Owned Homes, Raleigh Forclosure & REO Real Estate, Real Estate Investing | Tagged , , , ,

Winter REO Sale


Freddie Mac Launches Winter REO Sale Daily Real Estate News | Wednesday, November 16, 2011 HomeSteps, a Freddie Mac real estate sales unit, kicked off a sales promotion this week to unload some of its inventory of foreclosed homes in … Continue reading

Posted in Government Owned Homes, Raleigh Forclosure & REO Real Estate, Raleigh Real Estate Agent, Wake Forest Real Estate Agent | Tagged ,

Not All REOs Come Cheap:


The average foreclosed home sells for $182,489, according to RealtyTrac. But not all REOs come cheaper than other homes on the market: A bank-owned penthouse condo overlooking San Francisco’s Art District recently sold for $28 million, making it the priciest … Continue reading

Posted in Government Owned Homes, Raleigh Forclosure & REO Real Estate | Tagged , ,

Preventing Loan Fraud


In the Exclusive Right to Sell Listing Agreement (form 101), the seller is supposed to make a representation about the seller’s ownership of the property. There are 3 choices: (1) ownership of the property for at least one year, (2) … Continue reading

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