James Foxx's (jamesfoxx) Blog

It is a common notion that bank owned homes come in cheap prices, and with good reason. You can buy them at greatly reduced prices and it is cheaper to invest in foreclosures rather than build or buy a new house. While it is definitely tempting to invest in them, you should also be aware that the...

As one of the bigger segments of the real property industry, knowledge about the basics of buying foreclosure houses is well known. Foreclosure happens when owners fail to pay their mortgage for three straight months. The lender, usually a bank, who completed the foreclosure process on a property...

Unsure of whether they will still have a job by next day, most sellers and buyers of REO homes for sale and other types of residential properties are afraid to make a decision on whether to buy, sell or wait. For the unemployed, the main concern is for how long they will remain so and whether the...

Although repossessed homes for sale in San Antonio and in most of the major metro areas of Texas remain at high levels, some parts of the state did record declining foreclosure rates for the coming auction period of October 2010. According to the latest state housing market data, Tarrant is one o...

There have been some sectors of the housing market that have expressed worries over shadow inventories, or those distressed properties that are not yet included in bank and federal foreclosure listings but will eventually be made available to the market sooner or later. At the local front, Califo...

Government, bank and tax foreclosed homes scheduled for sale in the coming October 2010 auction period have declined in some areas of Texas when compared with the same month of 2009. In some cases, the decline is much as 15%, with local areas in North Texas gaining the biggest foothold in terms o...

The total number of residential properties sold in Detroit, Michigan decreased in August 2010 when compared with the same month of 2009, while prices of homes increased during the same period. If foreclosed structures, including Bank of America foreclosures, are subtracted from the total, data sh...

The demand for cheap foreclosed properties is continuously on the rise, owing to the large discounts that one can have when buying these properties. The supply is also steadily growing and more and more foreclosed homes are joining the league of foreclosed properties in every state. Sifting throu...

Townhouse homes are structures that are attached to other unit or units in a row. Oftentimes, they are built and integrated with other dwellings that form multi-unit houses such as duplexes or triplexes. Others have several units within a single structure. The main difference between a townhouse ...

The sheer number of foreclosures can be quite daunting even for the seasoned investors interested in buying repossessed homes for sale. All the tools and services available in the market has definitely made the work easier but there is still a lot of work to be done. If you want to get started ri...