If you’re in the market for a new home and you’re thinking of buying a foreclosed home, think before you buy. To read the article, CLICK HERE.
Category: Forclosures
Some Investment Tips
Foreclosure.com recently released the October 2011 issue of their monthly newsletter. It is, as usual, chock-full of some rather general but still useful tips for home buyers, sellers and flippers. A lot of this issue is dedicated to the idea that information is power when it comes to investing in real estate. They offer tips and programs to help you stay up to date on homes in your area as well as ideas on how to schedule your time to make progress in your hunt.
Looking to invest in Real Estate? Here's Some Free Advice
Every month foreclosure.com put’s out a newsletter filled with a lot of great tips on navigating this often intimidating market. In September’s newsletter they covered issues such as…
- Spotting the difference between a distressed property that has the potential to be a cash cow or a cash sinkhole.
- An explanation of how tax lien sales and tax deed sales. The tax deed sale occurs when the homeowner doesn’t pay taxes. In that event the government auctions off the house with the minimum bid being the amount of back taxes owed plus interest. Tax lien sales are an opportunity to purchase tax liens against the property.
- They also examine Florida’s Real Estate market, and the trend of foreclosures still rising slightly while delinquencies are dropping.
The newsletter isn’t a long read but if you’re interested in investing in Real Estate you’ll pick up some ideas.
Foreclosure Homes Account for 28 Percent of Q1 2011 Sales
Yesterday RealtyTrac released their Q1 2011 US Foreclosure Sales Report which reveals the 28 percent of home sales were foreclosed homes. They also found that the average price of the foreclosure properties was 27% lower than the non-foreclosure homes. ….Learn More
