For nearly two months, Fannie Mae either countered or rejected my offers to buy a foreclosed house in the Shumway neighborhood near downtown Vancouver. In early spring, the bank finally accepted one ...

First American Corelogic released their first distressed sales report yesterday morning: Distressed Sales Again on the Rise, Reaching 29% in January First American CoreLogic today released its first ...

When Andrew and Tory Trott first saw their dream house in Mill Valley’s Cascade Canyon, it was not so dreamy. “It was an absolute shambles, which is exactly what we were looking for,” he says. “It was ...

An icon in the shape of a lightning bolt. Impact Link Many cities in the U.S. are facing a multi-year backlog of distressed homes that will weigh on house prices, according to new data from CoreLogic.

NEW YORK — John Helmick loves to buy homes reeking of cat urine and doesn’t mind if they’re infested with rats, bats or bees. His seven-year-old Gorilla Capital seeks out some of the most distressed ...

Distressed properties are homes close to or already in foreclosure. Buying them has been a preferred way for real estate investors who flip houses to obtain their products. In January 2022, there were ...

Buying distressed properties has become incredibly expensive as house prices skyrocketed 16.9% in 2021, with some locales experiencing even higher increases. The effect is pricing primary homeowners ...