Foreclosure Losing your Home!

KEY TAKEAWAYS The right of foreclosure describes a lender’s ability to take possession of a property through a legal process called foreclosure. When a home is foreclosed upon, the lender will generally sell the property to recoup money lost on the loan. Exercising the right of foreclosure requires giving legal notice to the borrower and…

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Bridge Loans

A bridge loan is a form of short-term financing which extends a line of credit to a borrower for a short period of time, typically at a very high rate of interest. As the name suggests, a bridge loan bridges the gap between more permanent methods of financing; these loans are sometimes used in the real estate…

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5 Mistakes That Can Make House Flipping a Flop

How House Flipping Works It looks so easy! Buy a house, make a few cosmetic fixes, put it back on the market, and make a huge profit. At any given time, a half-dozen shows on television feature good-looking, well-dressed investors who make the process look fast, fun, and profitable. And plenty of homes are getting flipped. Flipped…

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