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Showing page 14 of 14 (132 total posts)
  • How to Prevent Foreclosure of Your Home

    Are you behind on your house payments?   Think you will be foreclosed on and that you have no options?  Think again.... In today's economic times there are more and more people who are unfortunately falling behind on their mortgage payments for a variety of reasons ( loss of job, illness, divorce, increased living costs ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 17, 2007
  • Buying Bank Foreclosures

    REO vs. Foreclosure An REO (Real Estate Owned) home is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure homes do not sell at auctions and most don’t even generate bids. If there was enough equity in the property to satisfy the loan, the owner would have probably sold the ...
    Posted to Traverse City Real Estate Blog (Weblog) by 193949 on December 7, 2007