Some Really Good Tips For Buying Foreclosed Property
With the rise of foreclosures across the Country, and with all of the media hype associated with it, many new homeowners and investors are very interested in buying foreclosed property. While you can get a great deal, you will need to be very careful and make sure you know what you are doing or you can really get yourself in trouble.
CNN recently interviewed Glenn Kelman of Redfin, an online real estate brokerage, and he gave some good tips on how to buy foreclosed properties. Here is a link to that interview along with some other helpful information that you may want to know when buying foreclosed property.
7 Tips For Buying Foreclosures
“Everybody and their grandmas are trying to buy foreclosures,” said Glenn Kelman, CEO of Redfin, an online, discount broker. But that doesn’t mean you should lose your head.
81% of Adults See Negative Aspects to Purchasing a Foreclosure
The online survey conducted on their behalf between November 5-9, 2009 by Harris Interactive showed a notable increase in consumers’ willingness to buy foreclosed properties. The survey also found strong interest in certain segments, …
Trulia.com and RealtyTrac, released the latest results of an ongoing survey tracking home buyers’ attitudes towards foreclosures. The new online survey conducted on their behalf between November 5-9, 2009 by Harris Interactive® showed…
Think that a Foreclosed Home is the Best Deal in Town? Think Again …
But bargain buyers beware, warns Vince Mastronardi, whose property preservation business has been busy preparing foreclosed homes for sale. “Buyers need to educate themselves about the potential pitfalls of purchasing distressed property,” says … New law gives tenants in foreclosed homes additional protection Dennis Norman By: Dennis Norman If you buy a… Are home sale-leasebacks opportunities for real estate investors? Dennis Norman I was at a real estate industry. …
