Bergen NJ REO Properties For Sale - The bank now owns the property and the mortgage loan no longer exists. The bank will handle the eviction, if necessary, and may do some repairs. They will negotiate with the IRS for removal of tax liens and pay off any homeowner’s association dues. As a purchaser of an REO property, the buyer will receive a title insurance policy and the opportunity to investigate the property.

Digital Real Estate: What Is The Perfect Storm?

By Austin Allison   Technology has literally changed the face of the real estate world in recent years. Real estate has transitioned from an industrial society to a digital information society, and is in a state known as the “Perfect Storm.” There are several factors that contribute to this concept. Consumers today have access to almost anything they need online. And as more and more information permanently transitions to the Web, so have real estate consumer expectations.

Successful Short Sales: It All Starts with the Seller - By Gee Dunsten  Last month, I outlined the reasons why you should get back on the short sales bandwagon if you’ve fallen off. In the current market, more and more lenders are coming around to the realization that short sales are a favorable option after all and, therefore, are processing and closing short sales at a much faster pace.

Turning the key in a lock that no landlord has access to, playing football in your own backyard and painting your living room bright yellow what could be more exciting than making the jump from renter to first-time homeowner? Getting swept up in all the excitement is a wonderful feeling but then comes the scare of “what should I do now?”