Purchasing foreclosed homes in desirable areas at below-market values can be a sound investment strategy. Appreciation on their original prices may be tax-free. Buying foreclosed rental properties can provide positive cash flow, as well as valuable tax deductions. On the other hand, buying a foreclosure involves homework, patience, and a certain amount of being in the right place at the right time! For those wishing to get a bargain house through the foreclosure process, it’s best to learn the basics.
Four Ways to Buy a Foreclosed Home
A presale is when … (0 comments)
shortsale: Our right to be honest or our right to be greedy
- 06/01/10 10:54 AM
Recieving an email like this will make the difference, bottom line you will be involved with fraud if you respond, an you will be the victim: Scam Letters: 542 different examples!By date received, with names of supposed senders, country where the money is supposed to have originated, and amount. Many duplicates omitted. Many of these emails have been reformatted for readability; the recipient's email address, and all angle brackets or HTML tags were removed. All of the other email and postal addresses, phone numbers, etc., are as given in the email, but be warned, do not attempt to contact the perpetrators!. … (2 comments)
shortsale: The Realtor pay for home inspection
- 04/19/10 01:19 AM
Currently 50 percent of the homes sold today are short sales, and the banks are selling properties “as is” there is still a need to get a Home Inspection, this property had delayed maintance and some major components removed.
A large percentage of homes in Los Angeles County have an age of more than 80 years or more which means that knob and tube wiring was a normal electrical wiring installation. Unfortunately, many real estate agents, who don't like bargaining with banks, are advising clients that home inspections are of no value as a bargaining tool, since banks don't negotiate … (2 comments)
shortsale: Foreclosure Inspections: Trust Your Gut
- 03/22/10 06:45 AM
Foreclosure Inspections: Trust Your Gut So, you want to buy a house cheap, and you look to the foreclosure market. Considering the over-abundance of these properties and just how little many of them are going for, it's tempting to jump on the bandwagon and buy up. And it may pay off as a long-term investment. But, like any other major purchase, you should know as much as you can about a property before you buy it, which is why home inspections, performed by our Certified Home Inspection Services. Unfortunately, many real estate agents, who don't like bargaining with banks, are advising … (0 comments)
Buying a Foreclosure
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