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Foreclosure Articles and Guides

Faster Sales Coming For Foreclosure Buyers
by Peter G. Miller
Thu, Jan 14, 2010
Foreclosure buyers got a Christmas Eve goodie from Fannie Mae, a new strategy that's likely to make foreclosure purchasing very much quicker. The catch? A bunch of lenders are about to be very unhappy. 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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