1. Michigan is number 3 in US foreclosures: With so many available foreclosed homes, you’ll be able to find the perfect home for you and your family. The number of available foreclosure homes in Michigan will allow you both flexibility and time when searching for your home.
2. 3 of the Top 100 Best Places To Live: According to Money magazine, Michigan is home to three of the nation’s top 100 towns to live in.
3. Economic opportunity: Michigan, and particularly Detroit, provides many jobs in the automotive, computer, and engineering fields. New technologies in these fields are leading to renewed growth. You can take advantage of this growth without breaking the bank by living in a Detroit foreclosure.
4. Natural wonders: In addition to the Great Lakes, a Michigan foreclosure would allow you to experience a number of natural wonders including waterfalls, forests, rivers, dunes, and fun getaways like Mackinac Island.
5. Scenic beauty: Though few realize it, Michigan has more miles of coastline than any other state except Alaska, and it is the U.S. state with the most lighthouses. Imagine being able to access this rustic beauty while being a stones throw from a booming metropolis.

The foreclosure market in the United States is up 62% from last year. For every 1 foreclosed home there are 783 households. While the current state of America’s real estate market tells a sad story for victims of foreclosures, opportunities for real estate investing are on the rise. Foreclosure Fetcher provides useful services for foreclosure flippers looking to turn a profit from buying distressed property, pre-foreclosed homes, hud homes, and foreclosed homes.

A new show has surfaced just in time to save the entertainment value of Real Estate. “Real Estate Confidential” premiered last Sunday, March 25, at 8 pm et/pt with back to back half hour episodes.  This show follows a team of Los Angeles real estate professionals to reveal everything that realtors do for their client before the actual buying or selling of the home. Viewers will finally be able to learn the nitty-gritty of the real estate process including how real estate agents price homes, the art of the real estate negotiation, how to prepare a home in order to sell quickly, and veteran tactics used for bidding on homes. 

The first episode of Real Estate Confidential is one that foreclosure flippers and those at risk of being foreclosed want to pay close attention to as the housing market cools into an environment that is more difficult to own and invest.  Los Angeles real estate broker, Anne Russel, is tasked to help the owner of a fixer-upper avoid foreclosure. Russel works diligently and tactfully as she attempts to bring the owner out of dept by selling his home well above the current market value.  At the same time Russel is juggling two home flippers in Encino, California who need to sell there house and find another at the right price.

Foreclosure Flippers and home buyers alike can learn a lot from this show. The current subprime lending market has many feeling pressure of possible foreclosure.  Real Estate investing in foreclosures is also proving to be more difficult with the increased rate of mortgage defaults. When the housing market heats back up hopefully you can approach the real estate market from a more educated perspective. www.foreclosurefetcher.com has several free informational resources that can help you in your search for the most profitable flip, or best deal on your dream home fixer-upper.

1. Buying a foreclosed home from the bank is the best way to purchase a foreclosed home.
2. Lenders are ALWAYS eager to get foreclosed property off their hands.
3. ALL mortgage lenders advertise and manage their foreclosures in the same way.
4. When purchasing a foreclosed home from a lender there are probably liens against the title.
5. A bank can not make profit when selling a foreclosed home.

 Go to, http://www.foreclosurefetcher.com/foreclosure-info/Fact-and-Fiction-About-Foreclosures, to learn about the details of each of these fallacies, and how the truth can help you buy or sell a foreclosed home.

1. A slow housing market and continued growth of risky mortgage products is leading to increasingly  high foreclosure rates in Connecticut.
2. 1,451 February foreclosure filing in Connecticut; 61% higher than last year.
3. Connecticut was 17^th in the nation for foreclosure rates in 2006; one foreclosure filing for every 118 households

Foreclosure flippers and homebuyers in Connecticut be sure to read this article, and then check out the Foreclosure Fetcher Connecticut Market page at http://foreclosurefetcher.com/connecticut.html.

March 18, 2007
In the Region | Connecticut

A Surge In Foreclosure Filings

By LISA PREVOST
AFTER 20 years as a lawyer, David Volman has handled enough divorces to know that many marriages collapse under financial strain. So when his practice, in Shelton, began receiving an unusually large number of divorce cases last summer, Mr. Volman took it as an omen. “Divorces go hand in hand with foreclosures and bankruptcies,” he said.
Sure enough, in the first two months of this year, Mr. Volman took on some 50 bankruptcy cases, an “enormous amount,” he said, given that in all of 2006 he handled 19.
Many of the cases involve working-class couples in the Lower Naugatuck Valley who can no longer afford their mortgages. “People are walking into my office and saying: ‘Here are the keys. Do whatever you have to do. I just want to get out of this so I can sleep at night,’ ” he said.
A slower housing market and the proliferation of risky mortgage products continue to drive up foreclosure rates across Connecticut. Preliminary figures for February gathered by RealtyTrac Inc., a national online marketplace for foreclosure properties, show a total of 1,451 foreclosure filings in Connecticut, a 61 percent increase over the corresponding period last year.

(more…)

1. Attend an educational course on homeownership offered by the U.S. Department of Housing and Urban Development (HUD)
2. Be fully informed about the price of surrounding homes in the neighborhood
3. Hire a home inspector you can trust.  Be sure to get references
4. Always be suspicious if someone tries to steer you to one lender.  Shop around and compare.
5. Never make a false statement on your loan application, i.e. overstating your income, the source of your downpayment, debt information, or how long you have been employed.
6. Interview real estate agents to help in the home buying process.
7. Never borrow more money than you know you can afford to repay.
8. Never sign a blank document or a document containing blanks.
9. Read everything you sign.  Ask questions if there is something about the loan process you do not understand.
10. Finally, Foreclosure Flippers intending to resell, do state on your loan application that you intend to occupy the house if you are renting it.  This violates federal law and is a crime.

COMPREHENSIVE FORECLOSUREFETCHER SITE LAUNCHED BY BARGAIN NETWORK.

SANTA BARBARA — Finding foreclosures has never been easier. Bargain Network is pleased to announce the launching of its newest site, ForeclosureFetcher. This comprehensive site not only allows the user to search up-to-the-minute listings for foreclosures, preforeclosures, and HUD homes, but it also provides a wealth of information. For a limited time, you can enjoy all of these benefits with your FREE 7-day trial!

ForeclosureFetcher takes the legwork out of finding your perfect home.  Extensive lists of over 700,000 available properties across the nation mean you can find a home in your price range faster and easier. Simple and informative listing pages allow you to examine different homes hassle-free. Search homes by price, state, or even ZIP code!

Still want to learn more about foreclosure and related topics? Looking for tools that might facilitate your search? ForeclosureFetcher has everything you need. A section devoted to foreclosure basics is packed with articles such as “Guide to Buying a Foreclosed Home” and “Getting Started in Real Estate Investing.” ForeclosureFetcher also offers all the important tools you need — including a mortgage calculator, property value checker, and more — in one convenient place. Get to know ForeclosureFetcher better thanks to down-to-earth FAQ’s, genuine testimonials, and a thorough About Us section. Find everything you need to locate and learn about your next home with your FREE 7-day trial to Bargain Network’s newest addition: ForeclosureFetcher.

See also the foreclosure guide

Tell you friends about Foreclosure Fetcher and make sure to bookmark the site and feel free to link to it from your own Blog or website.