In this article we discuss what the best foreclosure auction bidding strategy is, depending on the situation. Essential Rules of a Solid Foreclosure Auction Bidding Strategy The best way to know how to bid effectively when you’re buying a house to flip at a foreclosure auction is to study what not to do. #1 Do … Read more
This article discusses the differences between foreclosure auction properties and REO properties, including the pros and cons of each. These are important considerations when deciding what type of property to buy. How a Real Estate Owned (REO) Property is Created Two things can happen to a home that cause it to become an REO property: … Read more
This article discusses how to pay after winning a house foreclosure auction, including methods, timing and procedures for payment. Let’s assume you’ve bid on a property at a foreclosure auction and ended up winning the bid. Now, how do you actually make payment? What methods of payment are acceptable? When is payment due? Read on… … Read more
If you need fast financing for your real estate project, a hard money loan may be your best bet. While these loans have many benefits, you must first understand how they work. Below are the essential hard money loan requirements you need to meet to successfully finance your project. NOTE: If you’re looking for a … Read more
If you are a real estate investor looking to start a new project, it is helpful to understand the benefits of hard money loans for financing. In this article, we discuss the 21 benefits of hard money loans to help determine if this loan type is right for you. Benefit #1: Convenience Applying for a … Read more
This article discusses how to buy a short sale house from the homeowner, how short sale transactions work, and essential steps for success. House flippers are always interested in getting a great deal on a home. Purchasing short sales can be very profitable if done right. However, this is only true if the buyer understands … Read more
Is it possible to get a mortgage on a house bought at a foreclosure auction? This article describes how to do it right. Foreclosure.comFIND FORECLOSURES. Up To 50% Off! Requirements to Mortgage a House Bought at a Foreclosure Auction It is definitely possible to get a mortgage loan on a house that was purchased in … Read more
There are many factors to consider when buying a home to flip at a foreclosure auction. One key factor is estimating the right price when buying houses at foreclosure auction, regardless of whether you’re in a rising or a falling real estate market. Foreclosure.comFIND FORECLOSURES. Up To 50% Off! Contrary to common wisdom, it’s not … Read more
HOA foreclosure auctions are one potential source to buy houses to flip. What is a HOA foreclosure auction and how do they work? Owners of houses, condominiums and town homes that belong to a homeowner’s association (HOA) must pay monthly HOA fees and assessments. These fees and assessments can lead to a HOA foreclosure auction … Read more