Apr 17, 2012, 22:37,
Real Estate Investing
:
Foreclosure
Purchasing a foreclosed property or acquiring a property through short sale has the same factors associated with it as that for single family home.
Apr 16, 2012, 09:30,
Real Estate Investing
:
Foreclosure
For a real estate investor looking for a steady income on his rental property, acquiring a short sale or property via foreclosure was a lucrative yet not a feasible option until recently.
Apr 9, 2012, 20:21,
Real Estate Investing
:
Foreclosure
The differences between a mortgage or trust deed is important only in the event of a default.
Apr 4, 2012, 21:31,
Real Estate Investing
:
Foreclosure
You are facing foreclosure. You don’t have a lot of money or a lot of time and you can’t afford to hire a lawyer. And even if you could afford one, it is very hard to find a lawyer who knows enough about bank fraud to help you.
Jan 11, 2007, 22:54,
Real Estate Investing
:
Foreclosure
Many investors doing flipping deal are also the foreclosure experts who takes lenders out of properties they don't want to own.
Oct 21, 2006, 20:44,
Real Estate Investing
:
Foreclosure
Homeowners need to be aware that there are options available to stop/avoid foreclosure proceedings such as forbearance, reinstatement, restructuring the mortgage etc. Be honest and frank in your dealings with the creditors and you can negotiate ways to stop/avoid foreclosures effectively. Seek professional help to negotiate with your creditors if necessary.
Oct 5, 2006, 16:06,
Real Estate Investing
:
Foreclosure
A real estate investor can make good profits from real estate foreclosure properties. He should be alert to identify such properties and have good negotiating skills to strike good deals with the lender and the homeowner.
Sep 24, 2006, 22:34,
Real Estate Investing
:
Foreclosure
Foreclosure properties offer high returns on real estate investments in short term. This article guides you in making a calculated move to bid for foreclosure properties in foreclosure auctions to get the best returns.
Sep 8, 2006, 13:58,
Real Estate Investing
:
Foreclosure
Pre-foreclosures are wonderful way of making huge profits in the real estate business. Here are some good reasons why pre-foreclosures offer such a good return on investments.
Aug 19, 2006, 23:27,
Real Estate Investing
:
Foreclosure
Some of the core elements that determine your success in beachfront foreclosure business.
Aug 9, 2006, 11:58,
Real Estate Investing
:
Foreclosure
Foreclosure investing is coming up as an interesting proposition among all real estate players. The seemingly easy money making opportunities make foreclosure investing even more attractive, yet the legal side to the entire bargain is crucial and this is exactly what this articles focuses on.
Aug 3, 2006, 14:23,
Real Estate Investing
:
Foreclosure
Some people prefer buying foreclosed homes because they offer better returns. However there are some legal and procedural aspects to consider before you invest in foreclosed homes. Here is some important information to help you take investment decisions for foreclosed homes.
Jun 17, 2006, 00:32,
Real Estate Investing
:
Foreclosure
If you are buying foreclosure homes as an investment, chances are that you are going to want to sell it sooner or later.
Jun 16, 2006, 23:53,
Real Estate Investing
:
Foreclosure
Government foreclosures are a great way to make money. Even though you probably won¡¯t get rich quick like you are told, you should be able to make at least a little bit of money on each transaction.
Jun 16, 2006, 23:49,
Real Estate Investing
:
Foreclosure
If you are in the unfortunate situation of having to deal with bank foreclosure, you are not alone.
Jun 16, 2006, 23:46,
Real Estate Investing
:
Foreclosure
If you are interested in a way to get involved in the real estate industry you should look into foreclosure investing.
Jun 16, 2006, 23:42,
Real Estate Investing
:
Foreclosure
If you follow these three steps you can get started in foreclosure home investing in no time at all.
Jun 16, 2006, 23:36,
Real Estate Investing
:
Foreclosure
Overall, foreclosed homes come in a variety of different conditions. You may find one home that does not need a thing done to it, just to turn around and find another that needs a complete overhaul.
Jun 16, 2006, 23:21,
Real Estate Investing
:
Foreclosure
Choosing a foreclosure list can sometimes be a very difficult task. Investors know that they need a foreclosure list if they want to be successful, but the problem is that there are so many of them available that making a choice can sometimes be a bit tricky.
Jun 16, 2006, 23:11,
Real Estate Investing
:
Foreclosure
Buying pre foreclosures can be very profitable. If you are looking for a new home, don¡¯t forget to check out these properties.
Jun 16, 2006, 00:43,
Real Estate Investing
:
Foreclosure
The main advantage of using foreclosure lists is that you will not have to search all over the country trying to find what you are looking for.
Jun 13, 2006, 19:50,
Real Estate Investing
:
Foreclosure
If you want to make money through real estate short sales, you need to understand the three main types of foreclosure opportunities which happen at different stages of the foreclosure process. All provide opportunities for investors looking for real estate short sale opportunities. These are the pre foreclosure, the foreclosure auction and Real Estate Owned (REO) properties that have been passed in at the foreclosure auction stage. To profit from foreclosure short sales, you will need to understand how each stage of the foreclosure process and know how to do foreclosure short sales effectively and understand the bank techniques for short sales.
Mar 26, 2006, 21:24,
Real Estate Investing
:
Foreclosure
Learn why is it better to take advantage of pre-foreclosure rather than waiting until the property has actually been foreclosed upon by the bank.
Feb 22, 2006, 19:58,
Real Estate Investing
:
Foreclosure
Buying foreclosed property can be a bargain. But often it only looks like a bargain. Sometimes the property's back taxes exceed its market value.
Dec 14, 2005, 19:35,
Real Estate Investing
:
Foreclosure
Dont think your going to makes this months rent? Going into default? Read how to save your family's home from the dreaded foreclosure
Nov 28, 2005, 17:17,
Real Estate Investing
:
Foreclosure
Some people question the ethics of investing in property that’s become part of bankruptcy, forced auctions or foreclosures. Take a look at the reality of the situation from all aspects.
Nov 22, 2005, 10:56,
Real Estate Investing
:
Foreclosure
Let’s briefly review the methods by which you can help defaulting homeowners solve their problems and receive a substantial reward for doing so.
Nov 22, 2005, 10:45,
Real Estate Investing
:
Foreclosure
The foreclosure market in California may be divided into three separate steps, depending on time when the distressed property is for sale. Each step has its advantages and disadvantages. Some buyers specialize in one step; others will consider purchases at any of the stages, depending on the conditions applicable to the particular property. The first stage, called pre-foreclosure, lasts from the time a lender begins foreclosure proceedings until the property goes on the block at a Trustee’s Sale; the second stage is the Trustee’s Sale itself; the third stage is after the Trustee’s Sale, when the property, having received no bids, reverts back to the lender and is referred to as Real Estate Owned (REO).
Nov 20, 2005, 17:57,
Real Estate Investing
:
Foreclosure
Complete a Property Evaluation Questionnaire. If you follow the form as a checklist, ask all the questions and then think the situation through, you'll save yourself hundreds of hours of time spent driving and looling around. Each of the questions is important, so I suggest you get all the answers to your questions on the telephone before you visit the property.
Nov 16, 2005, 19:19,
Real Estate Investing
:
Foreclosure
At times you will have the feeling that the people you are talking to aren’t listening to you; their minds are on other things. Even as they are talking to you, they are searching for the miracle that will rescue them. And they are still asking themselves: What is in it for me? You must focus the prospective seller’s attention on what you have to say.
Nov 15, 2005, 19:13,
Real Estate Investing
:
Foreclosure
When a borrower does not live up to the terms of his or her loan agreement, the lender requests that the trustee file a Notice of Default with the County Recorder's Office. These public records are available to anyone who has the desire to seek the information. In most populated areas, a few enterprising businesspeople provide the service of researching and compiling lists of defaulting homeowners and foreclosure auctions and sales. These lists are usually made regularly to subscribers. The lists include information on defaults, trustee's sales and properties owned by the banks, known as REO (real estate owned).
Nov 15, 2005, 08:39,
Real Estate Investing
:
Foreclosure
The Sunday newspaper is a good measure of the real estate market. Thousands of homes and properties are listed for sale each week. These advertisements are so lucrative for the newspaper that editors are specifically assigned to write articles about how great the market is for the developer, the real estate agents and, of course, the buyers. However, they are talking about buyers at retail.
Nov 14, 2005, 21:07,
Real Estate Investing
:
Foreclosure
Most foreclosure sales are actually auctions, formally called Trustee's Sales. When a property owner has not honored his or her mortgage commitment or agreement, the lender can order the trustee (a third and neutral party between the lender and borrower) to sell the property at a public auction. If you bid at the auction for more than the sum owed on the property, the lender will usually accept your bid. keep in mid that mortgage lenders are in the finance business, not the real estate business. They would sooner recover their financial losses (get the money back so that they can lend it out again) than hold out for a profit on the real estate.
Nov 13, 2005, 11:18,
Real Estate Investing
:
Foreclosure
In 2004, I had a couple of credit cards and no income; when I began dealing in real estate. I found one thing standing between me and greatness: Money! So though there are numerous strategies available to maximize your investment dollar you first need to create short and long-term investing goals. With that in mind designing an exit strategy maybe more important, then the actual purchase, of your first home. In this article I'll outline some strategies that could potentially increase or decrease your return when investing in real estate.
Nov 6, 2005, 02:39,
Real Estate Investing
:
Foreclosure
Foreclosure investing normally involves buying preforeclosure or buying at the auction. Both foreclosures and auctions can compensate each other in your foreclosure investing.
Oct 28, 2005, 13:19,
Real Estate Investing
:
Foreclosure
If foreclosure is looming, there are some steps you can take to slow or even stop the process. Take a look at the facts about foreclosure and your options.
Oct 27, 2005, 18:45,
Real Estate Investing
:
Foreclosure
Judicial foreclosure is a lawsuit that the lender (mortgagee) brings against the borrower (mortgagor) to get the property.
Oct 21, 2005, 22:16,
Real Estate Investing
:
Foreclosure
A bank foreclosure is an opportune time for the investor, but some people may be overlooking a vital point to making an even bigger profit on the deal. In some cases, the lender may be willing to negotiate a lower payoff for the loan. This can benefit both an outside investor and in some cases, can help the home owner who is facing foreclosure.
Oct 17, 2005, 02:15,
Real Estate Investing
:
Foreclosure
In today’s market, many homeowners suffer a notice of default that forebodes an imminent foreclosure proceeding. So, for the investment property buyer, what is the best way to purchase a foreclosure? My favorite method is buying the pre-foreclosure homes, because of today's market. However, you can look at the different steps in the foreclosure investment home buying process, and decide which you like.
Oct 6, 2005, 11:19,
Real Estate Investing
:
Foreclosure
Some people think that a foreclosure means they’ll never again be in a position to purchase a home. That’s not true, and there are even some steps you can take to get the process started.
Oct 3, 2005, 00:08,
Real Estate Investing
:
Foreclosure
In a home loan foreclosure, how often is the owner contacted? The same steps and 7 or 8 contact points allowing refinance time are typically required of foreclosures done in non-judicial procedures.
Sep 24, 2005, 23:29,
Real Estate Investing
:
Foreclosure
Keep in mind that the tax strategies pertaining to foreclosure transactions are pretty much the same as for nonforeclosure transactions. However larger foreclosure profits mean larger and often unexpected tax liabilities that significantly deplete your gains.
Sep 23, 2005, 01:29,
Real Estate Investing
:
Foreclosure
Want to learn how to make and save money with foreclosures? Articles explains what is involved.
Sep 21, 2005, 10:15,
Real Estate Investing
:
Foreclosure
Great Profits can arise from tracking leads in the foreclosure arena. Developing a tracking system to record the free foreclosure listings and Bank Owned Homes For Sale does not have to be difficult.
Sep 21, 2005, 03:32,
Real Estate Investing
:
Foreclosure
The future forecast of Foreclosures is predisposed to repeat the past. So, become a specialists at helping borrowers who are in default, by offering to teach seller financing. Buy your dream investment properties through Seller Financing and Foreclosures and you will earn large rewards Today.
Sep 19, 2005, 10:16,
Real Estate Investing
:
Foreclosure
Not only are these deductions often overlooked, but they can also serve as reminders what you should do and what you need in your foreclosure business. That includes engaging Pre-Paid Legal Services for ongoing expert legal advice at a very low cost, placing a sign on your car, and using lockboxes, business cards, legal newspapers, directories, digital cameras, and so on.
Sep 15, 2005, 00:31,
Real Estate Investing
:
Foreclosure
The foreclosure cycle has three distinct phases, each of which offers a unique market in which the investor can participate. And bank REOs are perhaps the best all around source of rehab properties.
Sep 10, 2005, 10:47,
Real Estate Investing
:
Foreclosure
Although you can save big with seller financing, foreclosures, and REOs in all times and places, soft markets produce buyer’s delight. As high tide approaches, most buyers fear to even put their toes in the water; but if you’re willing to take the plunge when others shiver in a blanket of worry, you will earn large rewards.
Sep 9, 2005, 18:01,
Real Estate Investing
:
Foreclosure
The foreclosure sale is conducted as an open auction where anyone interested in the property may enter a bid.
Sep 3, 2005, 18:12,
Real Estate Investing
:
Foreclosure
What Happens When I Miss My Mortgage Payments?
Foreclosure may occur. This is the legal means that your lender can use to repossess (take over) your home. When this happens, you must move out of your house. If your property is worth less than the total amount you owe on your mortgage loan, a deficiency judgment could be pursued. If that happens, you not only lose your home, you also would owe HUD an additional amount.
Foreclosure may occur. This is the legal means that your lender can use to repossess (take over) your home. When this happens, you must move out of your house. If your property is worth less than the total amount you owe on your mortgage loan, a deficiency judgment could be pursued. If that happens, you not only lose your home, you also would owe HUD an additional amount.
Sep 3, 2005, 17:49,
Real Estate Investing
:
Foreclosure
The best mortgage advice has nothing to do with interest rates or loan-to-value ratios. The magic words are: don't ever miss a mortgage payment!
Aug 22, 2005, 14:20,
Real Estate Investing
:
Foreclosure
As an active real estate investor you probably already know that the most important phase of your investment is when you buy the property. Most of us are getting the bargains in the foreclosure market. You will agree with me that the best time to buy is before the actual foreclosure. This is commonly known as pre-foreclosure.
Aug 19, 2005, 15:30,
Real Estate Investing
:
Foreclosure
The current boom in home values has made it possible for homeowners with financial trouble to avoid both foreclosure and scam artists. They can simply sell the home instead, often at a profit.
Aug 18, 2005, 00:30,
Real Estate Investing
:
Foreclosure
One of the quickest ways to real estate profits is through preforeclosures. What is a preforeclosure, exactly? A preforeclosure takes place from the time the bank gives notice of default to the time the house sells at auction. Typically, this is around the time of 90 days into default, depending on state law.
Aug 10, 2005, 14:12,
Real Estate Investing
:
Foreclosure
Bid rigging is one of the most serious offenses you can commit in the foreclosure business. It is a crime punishible by significant monetary fines and serious jail time.
Aug 8, 2005, 16:32,
Real Estate Investing
:
Foreclosure
Before you can understand what a foreclosure loan is, you must understand the concept of a foreclosure. A foreclosure is the legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt. When the individual starts missing payments or stops payments completely, the bank has the right to repossess the property. This is completely legal because the bank fronted the money for the purchase of the property and have a contract that says that they assume title if the loan is defaulted on.
Aug 8, 2005, 16:26,
Real Estate Investing
:
Foreclosure
A foreclosure list is simply an extensive list of all the properties that have been foreclosed. When you say a property has been foreclosed it means that the borrower who has taken a loan and mortgaged property in return has not made payments within the specified time period. As a result of this default in payment, the lender which in most cases is a bank, acquires the title to the property and has full right to do as it wishes with it.
Aug 8, 2005, 12:05,
Real Estate Investing
:
Foreclosure
If you feel like the escalating costs of real estate have priced you out of the market, think again. It may be time to investigate the vast opportunities available in the foreclosures market.
Aug 7, 2005, 16:58,
Real Estate Investing
:
Foreclosure
With interest rates ticking up and ARMs adjusting upward, experts predict an increase in the number of foreclosure properties on the market. Foreclosure properties are some of the best opportunities in real estate today with average savings of 10 to 30 percent of market value. Some properties offer savings of up to 50 percent or more!
Aug 7, 2005, 16:35,
Real Estate Investing
:
Foreclosure
Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments (usually mortgage payments) and the lender files a public default notice. The foreclosure process can end one of four ways:
Aug 7, 2005, 16:20,
Real Estate Investing
:
Foreclosure
Foreclosure help is a very vast and extensive topic. The first and foremost thing, which you must understand, is the concept of a foreclosure. A foreclosure is the legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. This usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage.
Aug 6, 2005, 11:35,
Real Estate Investing
:
Foreclosure
In order to understand what foreclosure home for sale means it is important that we first realize what a foreclosure is. A foreclosure is the legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property, usually through a forced sale of the property at public auction. The money from the property's sale is applied to the mortgage debt.
Aug 6, 2005, 11:27,
Real Estate Investing
:
Foreclosure
Every day across America, homes are lost because the owners cannot make their mortgage payments. For the families experiencing these events, it can be difficult and traumatic. The reasons for losing a home can be job loss, divorce, medical issues, death of the main provider.
Aug 3, 2005, 00:14,
Real Estate Investing
:
Foreclosure
When mortgage companies are evaluating a loan they use debt to income ratios to help determine the ability of the borrower to repay the loan. They do not want to see a borrower overextend themselves and not be able to make the payments. This ratio varies between mortgage companies and loan programs, however it usually is in the neighborhood of 30%-40% (of the borrower¡¯s gross monthly income) for front or rear ratios, and may be as high as 50% on the rear ratio. Front ratio means mortgage payment only, and rear ratio is mortgage payment plus other major expenses (car, credit cards, etc.)
Aug 2, 2005, 12:42,
Real Estate Investing
:
Foreclosure
Mortgage foreclosure simply means the deed can only be foreclosed through court action. Mortgage foreclosure is usually referred to as a judicial foreclosure.
Aug 2, 2005, 12:30,
Real Estate Investing
:
Foreclosure
Trust Deed foreclosure is different than that of a mortgage foreclosure because there are no courts involved. Simply put, most investors refer to trust deed foreclosure as a third party action.
Jul 30, 2005, 11:23,
Real Estate Investing
:
Foreclosure
During the past ten years, Foreclosure News has received hostile phone calls and letters from irate defendants, who are in foreclosure. Their complaints, in this writers opinion, are justified. They claim people are knocking at their door; demanding entry, to look over the house before they bid at the County Sheriff's Auction.
Jul 30, 2005, 11:14,
Real Estate Investing
:
Foreclosure
An essential part of the research necessary to purchase foreclosure property is obtaining comparables. Comparables allow you to determine the market value of the property.
Jul 29, 2005, 19:14,
Real Estate Investing
:
Foreclosure
Think of yourself as an investor or buyer's broker. Your goal is to buy one or two single family detached houses at the best price possible. So you target foreclosures.
Jul 29, 2005, 19:04,
Real Estate Investing
:
Foreclosure
Most people look at the foreclosure business and see only a fraction of the potential that lies under the surface. Sure, they have received the list of foreclosures from their local source, big deal! Hundreds if not thousands of investors must be looking at this list every day. What are the odds you'll end up with a great deal? Well, if you know how to manipulate the list, the potential is awesome!
Jul 29, 2005, 18:55,
Real Estate Investing
:
Foreclosure
When dealing with pre-foreclosures it's always best (when possible) to get the property under contract and just wave bye-bye to the departing defaulting party. Many would consider it unwise to become embroiled with the mess that too often arises "later on down the line." After the homeowner's financial situation improves, these folks somehow forget your name and that you were once their only hope, their ‘saving grace,' and their guardian angel during that minor setback of so very long ago.
Jul 28, 2005, 14:17,
Real Estate Investing
:
Foreclosure
There are two very important points that you should keep in mind when buying pre-foreclosures properties.
1. All of the debt on the property remains on the property, until it is sold at auction.
2. Only those individuals who are on the title to the property can sell the property.
1. All of the debt on the property remains on the property, until it is sold at auction.
2. Only those individuals who are on the title to the property can sell the property.
Jul 28, 2005, 13:55,
Real Estate Investing
:
Foreclosure
There seems to be a lot of confusion about what happens to junior debts at a foreclosure auction. Do junior debts get wiped out? What about property tax liens? What about IRS liens? What about mechanics' liens? What about judgements? I've seen these questions asked over and over at several newsgroups. Rather than spend the time responding to all of those posted questions, I've decided to answer them here.
Jul 26, 2005, 20:13,
Real Estate Investing
:
Foreclosure
There are two primary types of foreclosure procedures: judicial and non-judicial. Judicial procedures are followed by states that use mortgages as the security instrument for property loans. Non-judicial procedures are used by states that use deeds of trust as the security instrument.
Jul 26, 2005, 08:38,
Real Estate Investing
:
Foreclosure
There are several different ways to purchase foreclosure real estate. The strategies are arranged on a time continuum according to when in the foreclosure process the deal is made.
Jul 26, 2005, 08:19,
Real Estate Investing
:
Foreclosure
You may think that purchasing a foreclosure is the same as putting someone out of their house or even contributing to the homeless problem. However, purchasing a foreclosure actually helps the debtor, the lender, the county, the community and the buyer.
Jul 23, 2005, 17:42,
Real Estate Investing
:
Foreclosure
Real Estate Investing: 10 Tips for Investing in Distressed or Foreclosed Properties
Jul 22, 2005, 15:04,
Real Estate Investing
:
Foreclosure
How do you buy a property, after the Sheriff's sale, without purchasing it from the highest bidder? You buy the right to redeem from the defendant/property owner!
Jul 20, 2005, 12:25,
Real Estate Investing
:
Foreclosure
Brokers and Agents should take a good look at the foreclosure marketplace for several reasons, not the least of which is to broaden the range of services they offer and enjoy increased sales.
Jul 19, 2005, 12:46,
Real Estate Investing
:
Foreclosure
The one distressed property market that most real estate investors ignore is abandoned homes. Abandoned properties are identifiable as those which are boarded up, or they may simply have a very poorly maintained exterior. While these homes require some leg work, you can pick-up some extremely profitable properties just by driving around your area.
Jul 19, 2005, 08:35,
Real Estate Investing
:
Foreclosure
Financing foreclosures is the part of this business that people are worried about most. Most people automatically assume that you have to have money to invest in foreclosures, which is what keeps them from investing.
Jul 17, 2005, 19:22,
Real Estate Investing
:
Foreclosure
The strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage payments, they are now in a position to entertain offers made by investors. Keep in mind, you may not be the only investor looking at this property. However, when buying pre-foreclosures, you can expect very little competition.
Jul 15, 2005, 18:42,
Real Estate Investing
:
Foreclosure
Many new investors want to buy properties directly from the bank. You never hear anyone say, "I want to buy a property from a mortgage company, credit union or savings and loan."
Jul 15, 2005, 18:35,
Real Estate Investing
:
Foreclosure
The U.S. Department of Housing and Urban Development (HUD) was established in 1968. It was originally developed to manage federal housing and community development programs.
Jul 13, 2005, 11:14,
Real Estate Investing
:
Foreclosure
If you want to become a real estate investor, find a "fixer-upper" owned by an anxious seller. Finding distressed houses at bargain prices, fixing them up, and then selling them on a consistent basis can make you a millionaire.
Jul 13, 2005, 00:26,
Real Estate Investing
:
Foreclosure
You are a Real Estate Investor. Perhaps you work at a 9 to 5 type job and perhaps you think you don't have the time or money to seriously pursue real estate investing. The difference between those that want and those that do is passion.
Jul 13, 2005, 00:19,
Real Estate Investing
:
Foreclosure
There are five basic tools required for successful foreclosure investing: 1. A notebook (I like the subject notebooks, wirebound on the side)
2. A pen kept in your car(maybe two, cars seem to eat pens)
3. A calculator (Nothing too fancy, just to do simple figures without making mistakes)
4. A Thomas Guide (This is the best way for finding locations and directions)
5. A mind willing to change behaviors and to learn new things. The first three are fairly self-explanatory, you aren't going to be able to remember everything you see and everywhere you've been, so you'll need to make notes to refer to later, the calculator will help when you are running numbers on a property.
2. A pen kept in your car(maybe two, cars seem to eat pens)
3. A calculator (Nothing too fancy, just to do simple figures without making mistakes)
4. A Thomas Guide (This is the best way for finding locations and directions)
5. A mind willing to change behaviors and to learn new things. The first three are fairly self-explanatory, you aren't going to be able to remember everything you see and everywhere you've been, so you'll need to make notes to refer to later, the calculator will help when you are running numbers on a property.
Jul 12, 2005, 17:28,
Real Estate Investing
:
Foreclosure
Many consumers are baffled by the onslaught of foreclosure reporting, listing or information services. Many are confused about the different types of information available or even the kind of information they need...
Jul 12, 2005, 00:08,
Real Estate Investing
:
Foreclosure
The advantages to buying properties from homeowners in default can only be measured by the individual investor. Some do not see enough reward, some think it's too risky, while others are plagued by moral issues...
Jul 10, 2005, 10:40,
Real Estate Investing
:
Foreclosure
Brokers and Agents should take a good look at the foreclosure marketplace for several reasons, not the least of which is to broaden the range of services they offer and enjoy increased sales.
Jul 10, 2005, 10:24,
Real Estate Investing
:
Foreclosure
Learning the Secrets of the Steps
THE HIDDEN WORLD OF FORECLOSURE AUCTIONS AT 360 ADAMS STREET
THE HIDDEN WORLD OF FORECLOSURE AUCTIONS AT 360 ADAMS STREET
Jul 10, 2005, 10:05,
Real Estate Investing
:
Foreclosure
One of the best ways to get a list of foreclosures is to contact lenders directly and ask if they have a "real estate owned" or REO department. These are homes the lender has foreclosed on and that are now listed with a real estate agent. You can often view the home's interior. In addition, any liens have been cleared up. Most REO lists are free
Jul 6, 2005, 00:10,
Real Estate Investing
:
Foreclosure
Bankruptcy is not a way to exempt a house from foreclosure. Bankruptcy only delays foreclosure.
Jun 12, 2005, 12:05,
Real Estate Investing
:
Foreclosure
The number of homes in foreclosure across the country is on the rise. The economy is changing. People that are not able to adapt with the evolution of technology, will be left jobless. This change is compounded by the fact that the average savings of an American household is not sufficient enough to help if a catastrophic event were to occur. In other words, the average American does not have the recommended amount of savings in the bank to support them in the event of a job loss, an injury, the sickness or death of an immediate family member, or personal illness that results in extended time off work. Any of these variables, alone or combined, creates a climate that is conducive to foreclosures.
Jun 7, 2005, 09:20,
Real Estate Investing
:
Foreclosure
If you want to find southern California real estate foreclose property its best to use services that make it their business to provide listings. At one time finding distressed properties was primarily in the hands of experts that make a full time living purchasing southern California real estate foreclosure property, normally doing some cleanup, repair and restoration and then selling the property for a handsome profit.
Jun 2, 2005, 09:57,
Real Estate Investing
:
Foreclosure
Many factors impact the value of foreclosed property. The simple fact that the property is being foreclosed on indicates that it may be sold at a substantial discount relative to similar properties. Loans that foreclose early in their life will have the largest discounts.
May 24, 2005, 13:35,
Real Estate Investing
:
Foreclosure
It's probably happened to you...
Folks learn that you know something about real estate investing and they eagerly ask you about buying foreclosure property.
Folks learn that you know something about real estate investing and they eagerly ask you about buying foreclosure property.
May 17, 2005, 11:52,
Real Estate Investing
:
Foreclosure
If someone asks you 'what's the BEST way to profit from foreclosure auctions'? what would your answer be?
May 14, 2005, 20:28,
Real Estate Investing
:
Foreclosure
Making big $$$ in pre-foreclosure properties is just simply one of the most profitable ways to consistently make money in real estate today. The popularity in recent years of investors taking over payments of mortgages on “pretty houses?has grown exponentially as well as other supporting services and individuals keying into those opportunities.
Apr 30, 2005, 14:00,
Real Estate Investing
:
Foreclosure
Cool Offer To Make a Seller...
Speaking of offers to make on houses that are in foreclosure, when dealing with a seller who's in foreclosure trying to sell their house on their own, here's the offer to make.
Speaking of offers to make on houses that are in foreclosure, when dealing with a seller who's in foreclosure trying to sell their house on their own, here's the offer to make.