Is Buying a Foreclosed Property Safe?
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Is Buying a Foreclosed Property Safe?
With record numbers of foreclosures, lenders are becoming owners of millions of properties that they will turn around and sell. While a buyer can get a great deal, there are also numerous risks that are not found in the typcial home purchase.
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Why the Foreclosure Mess Settlement Proposal Can't Fix the Clouded Title Problem

Why the Foreclosure Mess Settlement Proposal Can't Fix the Clouded Title Problem | Is Buying a Foreclosed Property Safe? | Scoop.it
State attorneys general and federal regulators are rushing to settle the robo-signing foreclosure mess created by the banks and get the real estate market back on its feet. But their proposals don't fully address the one of the fundamental problems of the crisis: Who really owns all those homes?
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The Foreclosure Fallacy - Forbes

The Foreclosure FallacyForbesOne ignorant buyer discovered his "bargain" courthouse purchase had been the site of a ...
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Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010 Despite 30-Month Low in December

Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010 Despite 30-Month Low in December | Is Buying a Foreclosed Property Safe? | Scoop.it
2,871,891 U.S. properties in received foreclosure filings in 2010, an increase of nearly 2 percent from 2009 and an increase of 23 percent from 2008. (Record 2.9 Million U.S. Properties Receive Foreclosure Filings in ... http://bit.ly/flnsmN)
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Foreclosure problem will worsen in 2011 - Business - Real estate - msnbc.com

Foreclosure problem will worsen in 2011 - Business - Real estate - msnbc.com | Is Buying a Foreclosed Property Safe? | Scoop.it
Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006, a report says. (Foreclosure problem will worsen in 2011 - Business - Real estate - msnbc.com http://t.co/zVkE03t via @msnbc #p2)
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