Locating Properties
Locating Pre-Foreclosure Properties
Pre-foreclosure properties are an excellent investment opportunity for both new and experienced investors. While it may take a little more work to find them, they are worth the effort! Use this information to get started on your search for properties near you. Read more …
Finding Short Sales for Investing
What is a Short Sale?
Short sales occur when the mortgage balance is more than the value of the property. If the home were to be sold, the selling price would not be enough to pay off the mortgage. If the sellers are unable to pay the difference, the lender may, or may not, agree to accept less than the total amount. If the lender agrees to accept less, this results in the lender being shorted, hence the name short sale.
While these properties look appealing to many buyers because they think they are getting a deal on a home, it is not always the case. From the perspective of an investor - choose your properties wisely and consider the time and effort as compared to the possible profit before pursuing these properties. Read more …
Free Foreclosure Listings
Free Foreclosure Listings
There are hundreds of sites asking you to pay for their listings of foreclosures in your area. While they may have lots of bells and whistles, the listings are what you want and you can get them without a fee. Here is a list of free links to get you started on your search for your new home or investment property. Read more …