Looking for a home but can’t be approved for a mortgage? Owner-financed homes could be the key to getting you out of the rental cycle and into a home of your own.Read More →
What Are Owner-Financed Homes — And How to Get One
How Long Does It Take to Close on a House?
The States With the Most Foreclosures
Homeownership is a long-term commitment. But even if you’re financially stable when you buy a home, there’s no guarantee you’ll remain that way for the 15- or 30-year term of your mortgage loan. One in every 1,882 homes is in foreclosure in the U.S., according to August 2018 data from RealtyTrac. That’s 555,120 homes total, which is 7 percent lower than the same time last year. Some states are well below the national average. In South Dakota, for instance, only 1 in 26,121 homes is in foreclosure. Fourteen states, however, have a higher foreclosure rate than the national average, and a handful has close to double or triple the rate nationwide. Here are the 25 states with the most foreclosuresRead More →