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.
