Secrets to Finding Government Foreclosures

It is easy to find government foreclosures in depressed real estate markets. But they can also be found in strong markets as well. Below we discuss some secrets to finding government foreclosures. How Homes End Up as Government Foreclosures Many pre-foreclosure homes...

How to Buy a House Foreclosure at Auction

Buyers at a foreclosure at auction can get a great deal on a property but will also face some challenges.  In this article we discuss the basics of how to buy a house foreclosure at auction. How a House Foreclosure Auction Works (the basics) STEP 1: The lender (bank,...

Who Can Bid at a Foreclosure Auction?

This article discusses who can bid at a foreclosure auction and why. Attending and bidding at a foreclosure auction, whether online or in person, can be an interesting and challenging experience. Who Can Attend a Foreclosure Auction? Live foreclosure auctions are free...

What Are the Risks of a Foreclosure Auction?

This article discusses some of the risks of a foreclosure auction and steps you can take to avoid them. Buying real estate at foreclosure auctions can be a lucrative endeavor. However, there are many risks involved that can negatively affect the profitability of these...

How to Find a House Foreclosure Auction

A house foreclosure auction can offer investors greater savings than many other avenues of buying real estate. In this article we describe where to find foreclosure auctions and some key info to get started. When a bank forecloses on a home, it is losing money without...

Buying a Foreclosed Property? Avoid These Mistakes!

Buying a foreclosed property can be very attractive to would-be buyers due to the price, but purchasing foreclosed homes can be complicated and there are costly mistakes that can be made. To avoid the risks associated with flipping a foreclosed house, you need to do...

How Do I Investigate Foreclosure Liens?

When planning to buy a house at a foreclosure auction, it’s essential to know of there are any liens on the property. So how do you investigate foreclosure liens? Liens to Look for When Buying a Foreclosure Auction Property There are multiple types of liens that...

Do You Need a License to Wholesale Houses?

Wholesaling houses has truly become one of the best ways to get into the real estate investing industry. However, when it comes to real estate wholesaling many people wonder if a real estate license is a must to get started. The simple answer is no — you don’t...

When is the Best Foreclosure Auction Time of Year?

Is there a certain time of the year when most foreclosure auctions take place? When is the best foreclosure auction time of the year? This article discusses some of the major timing factors. To answer this question we need to dive in and understand the timeline for...

What Happens After Winning a Foreclosure Auction?

So you have the winning bid at a foreclosure auction. Congratulations! Now what? Here we will discuss what happens for the buyer immediately after the foreclosure auction ends. Paying for the Property After a Foreclosure Auction Completing the sale at the foreclosure...

Worst Mistakes When Flipping a Short Sale House

Flipping short sales houses is a great way to make profits under certain market conditions. However, errors can be costly in terms of time and money. In this article we discuss some of the worst mistakes when flipping a short sale house. Mistake #1: Assuming...

How to Finance a Short Sale House?

A short sale can be a great way to get a good deal on a property. In this article we’re going to discuss how to finance a short sale house purchase. Short sale financing will be unique to each situation, and the process isn’t always straightforward....

Government Foreclosure Auctions List

This is a great list of government foreclosure auctions to help find foreclosed properties of all types to buy and sell for a profit. Foreclosure Auction Aggregators These sites are great for finding federal, state and local auctions without visiting multiple sites....

Can You Use a Hard Money Loan For Foreclosures?

The short answer to the question whether you can use a hard money loan for foreclosures is “yes”. In this article we discuss how hard money loans work for financing purchases of foreclosed real estate, and some tips to consider. Hard Money Loans for...

How to Refinance a Hard Money Loan

A hard money loan can be used to quickly fund real estate renovations, flips and rental property deals. But how can you refinance a hard money loan you used to purchase the property? We discuss all options in this post. Refinancing Works Great for Hard Money Loans...

When Are Hard Money Loans Illegal?

When are hard money loans illegal? What are the conditions that can make these types of loans illegal? Read on to find out… Loans secured by collateral (aka “hard money”) are not illegal per se. Lenders with capital can provide loans to borrowers as...

5 Hard Money Lender Secrets You MUST Know

The goal of taking out a hard money loan is to get financing quickly and with good terms. But hard money lenders have secrets they will keep from you to maximize their profits. We discuss these hard money lender secrets here and how you an use them to get better...

Hard Money Loans for Bad Credit

Can you get a hard money loan when you have bad credit? We answer that question in this post. Getting a hard money loan can mean the difference between getting in on a highly profitable fix-and-flip property deal or having to wait. Since time is money, this means...

What Collateral is Required for a Hard Money Loan?

Before you can get approved for a hard money loan, you need to put up collateral. In this post we discuss the types of collateral required to secure a hard money loan. The two types of collateral needed for a hard money loan are: Cash collateralReal estate bought with...

What Is a Hard Money Loan?

Exactly what is a hard money loan? In this article, we explain concisely what a hard money loan is, along with the pros and cons of this type of financing. Hard Money Loan Basics A hard money loan is a sort of loan that is collaterized strictly by real estate property...