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Entries Tagged as 'Buying Foreclosures'

What is foreclosure stuffing?

December 23rd, 2012 · No Comments

Ran across a new term at the Zero Hedge blog called foreclosure stuffing. Foreclosure stuffing is a term that describes lenders’ efforts to slow the foreclosure process as long as possible in order to keep the prices of the existing foreclosed homes on the market from falling too rapidly.  It’s an effort to control the […]

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Don’t expect banks to be nice to you for buying their foreclosures

February 13th, 2010 · No Comments

We just purchased a new house this week.  It happened to be a foreclosure.  It was in excellent shape even compared to a house not in foreclosure. I have to say, though, the seller jerked us around quite a bit throughout the whole process.  That wasn’t pleasant at all.  But we ended up getting the […]

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