Some investors think that buying Foreclosures, Bank owned properties, and Short sales are a good way to invest in today’s real estate market. Is this true? Or is it just a romantic sounding endeavor that is fraught with lots of work, lots of pressure and lots of unknowns. With few exceptions, it’s a high risk, low return investment strategy.
In all of these cases lending institutions are involved. They are not stupid. So, they are not going to give away any substantial equity, based on market values, without a fight. … (0 comments)
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