The Foreclosure Focus

Before buying a distressed property, it’s crucial to check for liens, judgments, or unpaid debts tied to the property. These can include unpaid taxes, code violations, HOA fees, or child support liens....

Tax deed sales occur when property owners fail to pay property taxes. After a certain period, local governments auction off the property to recover the unpaid taxes. Buyers receive a deed to...

In some foreclosure sales, properties sell for more than the debt owed. The difference is called surplus funds, and former homeowners (or their heirs) may be entitled to claim that money. These...

When mortgage payments are missed for a certain period, lenders may initiate foreclosure — a legal process where the property is sold to recover the unpaid loan balance. Homeowners risk losing equity...

Distressed properties refer to real estate under some form of financial duress — often due to foreclosure, tax delinquency, probate, or abandonment. These properties may be sold below market value, making them...

Contingency – Conditions that must be met for a sale to proceed Closing Costs – Fees due at the end of a transaction Down Payment – Buyer’s upfront cash contribution Amortization –...

Renting Pros: Flexibility, lower upfront cost, no maintenance.Buying Pros: Equity building, long-term savings, more control.Your choice depends on finances, location, career stability, and lifestyle goals.

Investing in real estate can generate passive income and long-term wealth. New investors should research rental markets, understand financing options, and consider property management needs. Common strategies include buying rental properties, flipping...

Earnest money is a deposit made to show a buyer’s serious intent. It’s usually 1–3% of the purchase price and is held in escrow. If the deal falls through due to a...