Lisa VanderLoo

Sales Associate

Cascade

4488 Cascade Road SE

Grand Rapids, MI49546

Main: 616-957-1680 Direct: 616-559-7223
Cell: 616-550-2145 Telephone: 616-550-2145
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Viewing Posts tagged Foreclosure. 2 Posts Found.
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Are Foreclosures Always a Good Deal?

Are Foreclosures Always a Good Deal? Many people hear the words "foreclosure" or "bank owned" and automatically think it must be a good deal.  Often times this is true, but not always.  Generally these houses are priced well because banks do not want to own properties and want a quick sale.  However, sometimes they can be over priced because the bank is so far removed from the actual ...

Interesting Statistics

Here are some interesting statistics I found at realtor.org: 50% of people who went through foreclosure did NOT talk to their lender, and they did NOT know that they had options. The 30 year fixed mortgage rate went from 4.5% in Nov 2010 to 5.15% in Feb 2011. Lately, cash buyers have accounted for about 29% of transactions. 2004- 90% of home loans were conventional, while 7% were FHA.  2009- ...
Viewing Posts tagged Foreclosure. 2 Posts Found.
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