There are many different ways to secure funds for foreclosure investing. Many of the top investors have their own money allotments for foreclosures, or a tight relationship with a bank who views them as a small business. While this is great for the seasoned investors, where does that leave the new investors in the market? […]
Buying A Foreclosed Home
Foreclosure begins when a property owner defaults on the mortgage of a property, mainly due to financial difficulties or the inability to keep up with the mortgage payments. In the event a property succumbs to a foreclosure, it’s likely that the property has not been maintained as it should have been. This means perhaps the […]
Home Inspections on a Foreclosure
Inspections of foreclosed homes present a particular challenge. Often, there is no source of water, no source of electricity, and no source of heat or air-conditioning. These conditions inhibit a full and comprehensive inspection of the home. Of course, the primary aspect of the home inspection is still the verification of the structural integrity. Typically, […]
How to Buy a Foreclosure
How to Buy a Foreclosure Investors and some home buyers are finding what they consider the bargains of a lifetime, but you have to know what you’re doing, or you could lose your shirt! Stacy Johnson explains… Have a questions about buying foreclosures? Use the comment link below and we’ll get you answers.