foreclosure buying: It's Foreclosure Time
- 03/30/09 07:46 AM
"An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today" said Laurence J. Peter. Experts advise when buying foreclosures, one should buy low and sell high. Now is the low, the high is just around the corner. Interest rates are at an all time low now is an excellent time you should consider acquiring a foreclosure. Below are some things to thing about when considering the acquisition of a foreclosure. •Know before you buy. Know the market before you buy. Free information and guidance is available at foreclosure information sites and the National Association of … (0 comments)
foreclosure buying: What Is A BPO
- 12/05/08 04:46 PM
To determine the probable selling price of a residential property a Realtor will perform a BPO. The selling prices of similar, distressed and bank owned properties in a quarter mile radius are compared. Not to be confused with an appraisal, realtors and mortgage brokers employ this method to obtain a probable selling price for a residential property. www.andrewbatesrealestate.com is the place to find foreclosure deals. Email me at andrew@realtorintouch with your real estate related questions. … (1 comments)
foreclosure buying: Should You Buy A Foreclosure
- 03/16/08 05:28 AM
To be profitable, foreclosure investing requires extensive research and preparation. Amassing the following information will give you the details you will need to negotiate a profitable deal: A copy of the foreclosure notice, or notice of default; Title commitment and a 24-month history in the chain of title or the last two recorded documents Deed with the current homeowners' names. Last recorded first mortgage, so you know how much the current homeowners owe. Documentation of all liens against the property, including property tax liens. Map showing the location of the property. Exterior home inspection (with photos and videos), plus neighborhood photos. City worksheet … (0 comments)
"An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today" said Laurence J. Peter.;)
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