7 Pros and Cons of Investing in Foreclosures in 2023

7 Pros and Cons of Investing in Foreclosures in 2023

The post 7 Pros and Cons of Investing in Foreclosures in 2023 appeared first on Think Realty.
As an investor, you’re always on the lookout for properties that will return substantial profits. With an uncertain housing market, as well as high inflation and interest rates, foreclosed properties may be on the verge of flooding the market. A property becomes foreclosed when a homeowner fails to make mortgage payments and defaults on their […]
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A Look Back at 2023—and a Peak at 2024

A Look Back at 2023—and a Peak at 2024

The post A Look Back at 2023—and a Peak at 2024 appeared first on Think Realty.
Does investor sentiment align with market conditions? There’s no doubt the past year has been challenging for residential real estate investors. How daunting has the challenge been? What’s going on in today’s market? As we move into the second half of 2023, let’s take a look back at the first half of the year and […]
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Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023

Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023

The post Default Servicing Industry Leaders Expect Slight Increase in Foreclosure Volume and Falling Home Prices to End 2023 appeared first on Think Realty.
92% surveyed expect foreclosure volume to increase as roll rates from delinquency rise 85% surveyed expect home prices to decrease, eroding equity for distressed homeowners Respondents estimate seriously delinquent loans have less than 20% equity on average Nearly half of seriously delinquent FHA loans have enough partial claim capacity to fund proposed Payment Supplement Account, […]
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