Negative hype. All I've seen regarding the foreclosure market here on ActiveRain is a bunch of negative hype. The only posts I've seen have featured terrible properties, posted by agents who have not been properly educated on the space of public auction. Have you seen any solid examples of good properties purchased at auction, or heard stories of people successfully making profit in the space? Sadly, I'm not finding any. I'm here to change that right now I’d like to show you a few properties that sold at auction yesterday. These are solid investments, with great income potential.
Glendale, Arizona (Maricopa County) 4/18/2014
Opening Bid: $105,000
Winning Bid: $138,000
Estimated Retail: $192,818
3 Bedroom, 2.5 Bath home - 1,683 sq ft.
Miami Gardens, FL (Miami-Dade County) 4/17/2014
Opening Bid: $85,576
Winning Bid: $89,800
Estimated Retail: $160,000
4 bedroom, 3 bath home - 1,197 sq ft.
Great properties like this are available every day at your local courthouse.
The first question this may bring to mind is “How do I find these properties?” That’s where a service like INFOclosure.com comes in. I’ve spent the last 16 years perfecting my Source 2.0 system, which offers MLS-like simplicity to finding foreclosed properties.
Take a look at the video below. It’s a snippet of our daily web show, Deal Cast, which profiles the top properties available at Maricopa County real estate auction. It also shows our system in action.
Like what you saw in that preview? Register for Deal Cast by clicking HERE.
Want to know more about this space?
Comment, message or email me at: info@infoclosure.com
I hope this post has changed your attitude about the potential benefits of working with foreclosed properties.
Comments (1)Subscribe to CommentsComment