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  2. Is It Smart to Buy a Foreclosed Home? Weighing the Pros & Cons

    www.aol.com/lifestyle/smart-buy-foreclosed-home...

    To finance foreclosure properties, you can use conventional loans, hard money loans, or portfolio loans. The right loan type depends on the property’s condition and your needs as a borrower.

  3. Tips on Buying Foreclosure Properties - AOL

    www.aol.com/news/2008-09-10-tips-on-buying...

    If you ve been thinking about buying a foreclosure property as a smart investment or as a second home for your family, you may be on the right track. However, buying a foreclosed home is a task ...

  4. Buying a home after foreclosure - AOL

    www.aol.com/finance/buying-home-foreclosure...

    Despite the foreclosure, you can own a home again with patience and strong financial habits. Before you attempt to make the purchase, though, do the following: 1.

  5. National Community Stabilization Trust - Wikipedia

    en.wikipedia.org/wiki/National_Community...

    The National Community Stabilization Trust (NCST or Stabilization Trust) is a Washington, D.C.–based non-profit organization that facilitates the transfer of foreclosed and abandoned properties from financial institutions nationwide to local housing organizations to promote property reuse and neighborhood stability.

  6. Foreclosure investment - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_investment

    Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.

  7. Wraparound mortgage - Wikipedia

    en.wikipedia.org/wiki/Wraparound_mortgage

    When the buyer either sells or refinances the property, all mortgages are paid off in full, with the seller entitled to the difference in the payoff of the wrap and any underlying loan payoffs. Typically, the seller also charges a spread. For example, a seller may have a mortgage at 6% and sell the property at a rate of 8% on a wraparound mortgage.

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