This guide introduces you to concepts for understanding the foreclosure landscape, and some interesting facts and figures to help you on your way to be successful foreclosure investor.
Why invest in foreclosures or distressed real estate? We go over some of the major benefits and points that make a strong argument towards getting started with real estate foreclosures.
We cover some of the standard and often misunderstood definitions related to distressed real estate and the foreclosure process. Like what is a ‘judicial foreclosure’, ‘lis pendens’, or ‘trustee sale’? You’ll find out here. Learn how to best take advantage of the fantastic opportunities you have to purchase truly affordable housing at bargain-basement prices and how to avoid cheap homes that may not perform as well others for return on investment. Also covered are tips for approaching and negotiation with the distressed homeowner about purchasing his/her property before a formal real estate auction is announced, and advice on ‘closing the deal.’
Posted on December 29, 2014 at 11:54 am by John Cantero (918) 313-0408