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Foreclosure Articles and Guides

Should We Return To Paper-Based Mortgages?
by Peter G. Miller
Mon, Oct 19, 2009
We like to live in a world where everyone gets the same deal. If you can buy a washing machine at Sears for $500 then I don't want to pay more. And if it happens that the speed limit is 45, it should be 45 for both you and me. read more

Foreclosure Overview
Learn about the different types of foreclosures

Buying Pre-Foreclosure
Discover discounts up to 20-40% below market value

Buying at Auction
Find some of the best bargains at foreclosure auctions

Buying Bank Owned
Learn how to buy a bank-owned (aka REO) property

Foreclosure Trends for United States  (change location)

New Foreclosure Activity
Average Sales Price
  October 2008 Year-to-Date
New Foreclosure Activity 1,570,229 13,636,185
Number of Sales 85,090 759,020
Avg. Foreclosures Sales Price $161,307 $161,755
Avg. Savings (what's this?) 31% 30%
Source: provided by RealtyTrac | data updated through October 2008
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