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House Hunting - Let's Go


The past two weeks I have been doing some serious House Hunting and research. I have been looking at Bank Owned homes and keeping up on homes that I though were a good deal. The results were surprising.
Somebody must be lending because these homes are selling. Homes are selling at good prices. Homes that are priced well are selling quickly. The week started looking at three family bank owned homes. My first thought is these homes are empty. It is getting cold and people are going to start moving in for the winter. I image it is much the same for areas that are extremely hot but our area happens to be cold. Cautiously we enter the houses and another surprise most homes didn't have any quests yet although some showed signs.Most of the properties had a lot to offer. Vinyl siding, replacement windows, separate utilities for each unit, dry basements, laundry hook-ups, some new ceilings and fresh paint. Was there work to be done absolutely but if you are looking to have additional income to pay for the mortgage or if you are investing there was value.
Being the research hound I am I had to investigate ... more

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