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Buying Foreclosures

Maybe you’ve heard stories about people who bought rundown properties for little to nothing and turned them into palaces. You might be curious about how one acquires a foreclosed home. Is it difficult? Are the prices as good as they seem? Buying a foreclosed home is possible — you just need to know a little bit about the unique process of buying one. Keep reading to learn the first steps to buying a foreclosed property. You work with a bank You will likely be working with the bank’s broker. These agents work directly with the bank that owns the property. They often have...

October 24th, 2019 Buying Foreclosures

Q2 Commercial Lending Activity

Commercial real estate lending activity gained traction in the second quarter of 2019, following a brief pause at the start of the year amid financial market volatility, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of commercial loan closings in the U.S, reached a value of 244 in June, up 2.3% from March’s close. Compared with a year ago, lending growth is 20.8% above its June 2018 close. CBRE Capital Markets’ Brian Stoffers says, “Our survey of life company lenders indicates that all are actively quoting deals and most...

October 10th, 2019 Q2 Commercial Lending Activity