Is it possible to become a multimillionaire through real estate investing? The answer is absolutely yes! There is no secret formula other than proper management of your investment portfolio and a good working knowledge of possible venues.
Investors who are new to the real estate market often overlook some of the least risky and most profitable [...]
Everyone is aware of recent problems with homeowners losing their property due to foreclosure. However, it is also a real threat for property investors. Sometimes foreclosure is the result of a bad investment, a continued market slump, or a problem with cash flow. No matter the reason, you must be prepared for this eventuality and [...]
The year 2008 may well go down in history as being one of the most uncertain in terms of the economy and the housing market. The U.S. housing market has been in a steady decline for the past several years and the optimistic hope that it would recover this year was simply that. All across [...]
Foreclosure auctions can present a tremendous opportunity to real estate investors. While many get-rich-quick infomercials portray the process as easy, there are some things the investor needs to know before jumping right into buying up foreclosed homes.
The Foreclosure Process
It takes time for a lending institution to actually foreclose on a property in mortgage arrears. Homeowners [...]
Veterans of service for the United States Armed Forces know that a VA loan is often the best option for mortgaging their home. The Veterans Administration is required, however, to foreclose immediately on a property with a loan which is in default since they do not have the financial resources of other lending institutions.
What does [...]
As a real estate investor, you must realize that one person’s misfortune can be your opportunity to profit. In a housing slump, there are many ways to make money by investing in real estate and targeting properties with a tax lien is one of them.
How Are Tax Liens Levied?
Delinquent taxpayers usually are given every opportunity [...]
Tax lien foreclosures, or the reversion of property back to a lien holder in the even of unpaid debt, requires a specific process, depending on what state it occurs in. Some states only require a petition to the court with appropriate jurisdiction while others specify a more involved process to acquire the real estate deed.
Tax [...]
For real estate investors, a housing market slump produces a prime opportunity. As banks struggle to deal with a large amount of foreclosures.
Properties that do not sell at auction are referred to as Real Estate Owned (REO). Usually the reason for this is that the homeowner owes a mortgage loan for more than the property [...]
If you have had your property foreclosed on by your lending institution, you may have a right to reclaim your home. In some states, this is legal if it can proven that foreclosure was the result of personal circumstances which have since turned around. There is a pre-defined time period during which this is possible; [...]
Investors looking for foreclosed properties need a variety of ways to find leads in order to keep their real estate portfolio full. The best way to accomplish this is to either skip the middleman, or possibly become the middleman yourself.
Use Your Telephone
When you are in the business of investing in foreclosures, you will want to [...]
