JR's Blog

8 REO Tips for Buying ForeclosuresHow to Write Offers to Buy REO ForeclosuresLots of savvy home buyers want to hit the jackpot and buy that REO foreclosed home, many of which are often under-priced. When banks price REOs under the comparable sales, multiple offers are often the response. This me...

Is It Better To Buy a Short Sale or Wait for the Foreclosure to Happen?   Is It Better To Buy a Short Sale or Wait for the Foreclosure to Happen?Foreclosure Prices (REOs) Can Be Better Than Short Sale ListingsWaiting for an answer on a short sale can be frustrating. A short sale happens when a se...

Buying Distressed Homes   Buying Distressed Homes: Foreclosures, Short Sales, REOsWhich is More Profitable: Foreclosures, Short Sales or REOs?Foreclosures, short sales and REOs remind me of, "Lions and tigers and bears, oh, my!" The latter are dangerous animals but different from each other -- ju...

Contrary to what you might see in some advertisements, there is no magic way to raise your credit score. That doesn't mean you can't improve your score with good old-fashioned attention and effort. All you need to do is see to it that errors are removed, deal with any disputes with your creditors...

In an age of slashed credit limits, tighter credit-card restrictions, and anxious lenders, having strong credit is more important than ever. The average credit score is 692, according to credit-scoring agency Experian, but in today's market, those even slightly below average could be in trouble. ...

Not all homes that go into default go all the way through foreclosure. Many sell before the notice of default is finalized. Home buyers and investors are attracted to short sales and foreclosures because they want to buy a home for less than market value. Sometimes sellers in default and buyers w...

What are the advantages of using a REALTOR today?  Having a good real estate transaction or experience really depends on your agentFinding the right agent is the basis for a great real estate transaction. And success comes from the consumer's perspective, no one else's. Make sure that you feel co...

6. Warren, NJ WINNERTop 100 rank: 6Population: 16,100Unemployment: 6.9%Compare Warren to Top 10 Best PlacesChildren, commuters, cul-de-sacs--sure, Warren has those. But it isn't the typical big-city suburb. Here, fields aren't used just to kick soccer balls but also to raise cows and crops, thank...

Finding a good real estate agent / broker is essential to enjoying a painless real estate transaction. The saying is "20% of the agents do 80% of the business," and it is true. The question is how can you find a good real estate agent? The best agent for you doesn't necessarily work at the larges...

5 first-time buyer mistakes to avoid Experienced homeowners share their secrets so you won't make a rookie mistake If you're a first-time home buyer in this market, how could you go wrong? Nationally, sales prices of existing single-family homes are down nearly 24 percent since their July 2006 pe...