How to Flip REO Properties?

Flipping REOs can be a very profitable endeavor. The key is knowing the process and the ways to do it effectively. What are REOs? REOs (Real Estate Owned) are properties owned (or “taken back”) by a lender after the sale at a foreclosure auction did not...

What is a HOA Foreclosure Auction?

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....

How to Finance a Foreclosure Auction Purchase

Foreclosure auctions can be great places for investors to purchase houses to flip at good prices. New auction buyers need to know how to finance a foreclosure auction purchase once they have the winning bid. We dive into the details in this article....

What is a Sheriff Sale Auction?

New real estate investors interested in sheriff sale auctions should know there are differences between the types of auctions out there. In this article, we will discuss what makes a sheriff sale auction, including what it is and how different aspects vary between...

Are Auction Homes Cash Only?

Are auction homes cash only? Or do auction companies take guaranteed funding from other sources? This post addresses this particular question. Getting the funds needed to buy a home at auction is not necessarily easy. And the type of funds that an auction requires...

Who is Involved in a Foreclosure Auction?

This article describes who is involved in a foreclosure auction and what their roles are. There can be multiple participants who are directly or indirectly involved. It helps to understand their role and motivations to ensure you’re successful!...

How to Buy a House at Auction Without Cash

Real estate investors are always looking for great deals.  A great place to find them is real estate auctions because the properties may not be listed on the MLS, so there is less competition from other buyers.  The problem is most investors that are first starting...