Real Estate
There are currently around 5 million homes in foreclosure in the U.S. right now. It is reasonable to expect that there will be at least 12 million more homes going into foreclosure within the next two years. Because of these astronomical numbers, many people are scared of investing in real estate. However, this market creates [...]
A creative way of acquiring properties at discounted prices is to purchase them at auction. After a homeowner goes into foreclosure, the bank will take back the property that was used as collateral for the mortgage. (It is important to remember that the timeline of the foreclosure process is different in every state, and every [...]
Short sales are an extremely popular strategy amongst real estate investors right now. However, there is not much that is short about the timing a short sale. Depending on your location and the lender you are dealing with, short sales can take an average of 3-6 months to close! You must be patient, organized, and [...]
How To Buy Property
Whether you are considering buying your first personal residence, or your first investment property, there are a few key things to look for when purchasing a home. They may seem like common sense, but doing your due diligence on each and every property will save you money. Careless mistakes are made every day, and it [...]
Here is the second installment of what to look for when buying a house. Make sure to check out all of these important parts of the interior of the house. 1. Flooring Carpet: It is almost always recommended that you replace the carpet. New carpet is a good selling point amongst realtors, and therefore worth [...]
It is no secret that America is facing an unprecedented foreclosure crisis. But, what happens to all of those foreclosures if no one buys them at the auction? Well, the banks have to take back the properties, and they become Real Estate Owned, or REO. Contrary to popular notion, the banks do not want to [...]
Success Stories
Electrical Engineer and Wife Find Success Here
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