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Should You Invest In Foreclosures?

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Services for Real Estate Pros with RE/MAX West End VA-0226030889

Periodically I hear from readers who want to make $1 million in real estate -- quickly and with no money down. Usually they want to know more about real estate foreclosures -- how to buy them and how to profit from such homes. I've participated in a couple of these deals, and I'm now working on my second million -- I gave up on the first.

Foreclosure properties can be a good place to invest for exponential growth (or loss). There are some deals out there for little or no money down, but potential investors should take precautions because foreclosed properties can involve significant risks. More http://www.commonsenserealestate.blogspot.com.

Comments(2)

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Grant Hammond
Metropolitan Brokers, LLC - Nashville, TN
Nashville Homes
I firmly believe in purchasing foreclosed properties, but just like a normal real estate investment, you have to be city growth and market health conscience. Do your research and find the best foreclosed property markets before investing.
Apr 07, 2008 01:20 PM
Joseph "Joe" Peters
Coldwell Banker - Warren, NJ
Helping you to achieve your Goals and Dreams
Good post.
Apr 09, 2008 10:15 PM