Tag: short sales

Foreclosure Tragedy of 2022

The foreclosure tragedy of 2022 is too often an untold story. What's truly tragic is the majority of homes going to foreclosure auction in 2022 have equity. Families are losing their homes, equity and hope.

Philadelphia Foreclosure Market Trends 2022

Foreclosures have traditionally been prime opportunities to secure a below market property for investors, and savvy first time homebuyers who are willing to take on some renovations. In fact I’ve…

Top 10 Myths about Short Sales

Short sales are a segment of real estate that is widely misunderstood and poorly represented. A completely different from a "normal" real estate transaction. Top 10 myths about short sales debunked.

Are Foreclosures Going Up?

In early 2020 as the COVID pandemic evolved, I was skeptical of mainstream news stating we wouldn't face a risk of foreclosures "because it's NOT 2008!" That simplistic response ignored the facts of a different crisis that could also put home owners at risk of foreclosure.

Is there an increase in Short Sales?

September market reports showed record breaking real estate sales in Philadelphia, but what about the dramatic spike in pre-foreclosure distressed properties? Does the foreclosure market threaten to haunt real estate…

Is there a foreclosure spike?

The Q3 2020 pre-foreclosure spike may not be what it seems. Misinformation from forbearance reporting errors added to the increase in delinquencies.