Location: Leoma County, Tennessee
City: Leoma
Price: $95,000
Zestimateâ„¢: $121,457
Difference: $26,457

This three-bedroom, two bathroom home is located in southern Tennessee near the Alabama and Mississippi borders. It is also about equidistant from major cities such as Memphis and Nashville.

Note: other comparable listings in this neighborhood range from $65,766 up to $189,453. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

“Subprime” is the 2007 “Word of the Year,” according to a recent article on MSNBC.

It’s a dubious distinction because subprime, according to the The American Dialect Society, is “a risky or less than ideal loan, mortgage or investment.”

Here’s a snip from Professor Wayne Glowka:

“When you have investment companies losing billions of dollars over something like
bundled subprime loans, then you have to consider whether it’s important. You probably also want to think about paying off that third mortgage.” 

Bad subprime loans are a big reason behind the growing foreclosure problem throughout the United States. Homeowners received loans that were either unaffordable from the get-go or were structured with “ballooning” interest rates a few years down the line.

And once those interest rates kick-in, and monthly mortgage payments are all of a sudden much higher, more and more homeowners are feeling the financial pinch.

Here’s to hoping that 2008 is not more of the same.

Location: Tulsa County, Oklahoma
City: Owasso
Price: $154,900
Zestimateâ„¢: $157,248
Difference: $2,348

This three-bedroom, two bathroom home is located just outside of Tulsa. It is relatively new construction (2002) that could use a few small upgrades such as sod that will add instant value to a nice property.

Just button-up — it looks mighty chilly in the “Sooner State” in that picture.

Note: other comparable listings in this neighborhood range from $141,692 up to $188,430. For more property details or to talk to a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

Often homeowners need to sell their properties fast, whether it’s because of default situations, job relocations or some other unexpected life-changing events.

Under these conditions and time constraints selling homes can be stressful and seemingly impossible. That is of course unless there is a strong demand for homes in certain areas.

For those homeowners who need extra assistance Foreclosure.com now offers the services of knowledgeable and professional buyers in local areas across the nation who can help. For more information and assistance click here.

In addition, we have been showcasing several of the homes on our real estate forum. Of course, all of this marketing and exposure is FREE of charge. Our goal is simply to provide a space in which motivated buyers and sellers can connect and discuss all things real estate.

For example, Foreclosure.com recently received a submission from a seller about a beautiful home in Bradenton, Fla. It’s a two story Gothic Victorian in an historic neighborhood with a woodburning fireplace, updated kitchen, granite countertops, silgranite sink, formal living room, formal dining room, sun room, screened in front porch and more.

To learn more about this specific listing click here. For more details on how to post and find properties in the Foreclosure.com forum for FREE click here.

Remember: This forum is for buyers, sellers and all others interested in discussing real estate and having their questions answered by industry professionals.

Go check it out now right here.

Location: Clark County, Nevada
City: Las Vegas
Price: $314,900
Zestimateâ„¢: $419,029
Difference: $104,129

This five-bedroom, three bathroom home is located in “sought-after” Silverado Trails. There’s a pool and spa with Kool decking, as well as granite upgrades throughout the house. Give this one a look if moving to the “Sin City” area … it’s a nice find.

Note: other comparable listings in this neighborhood range from $316,031 up to $593,714. For more property details or to talk to a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.