We have all heard the claims of the late night real estate gurus of quick riches available to
anyone willing to take a chance and also purchase their real estate investing course. For the most
part they are right. Although you don't necessarily need to purchase a course, you
do need knowledge in how to purchase foreclosed homes. The information on this site is a result of over 20 years experience
in real estate ranging from purchasing foreclosure properties to real estate appraising. I have
been where you are and I hope my knowledge and experience will help you succeed with your
real estate goals.
What is a foreclosure? Most people look at the foreclosure process in basically two ways. The first
is as a homeowner who is not able to make their mortgage payments and loses
their property to foreclosure. The second is as an opportunity to find a home at a discount or make some money purchasing
foreclosure homes. Foreclosure listings can be found from a number of sources. These discounted homes for sale can be found on through the Internet, newspaper, or even from local real estate agents. Some have found that making money investing in foreclosure real estate can be relatively easy while others...
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HUD Foreclosures: not the only game in town.
Most people interested in real estate foreclosures usually first check out HUD homes (FHA). The reason for this is simple; there are a lot of HUD foreclosure homes available. You can go to practically any area in the
country and find HUD foreclosures; However, there are other ways to invest in foreclosed real estate.
They range from bank foreclosures (REO properties), VA...
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