3. Foreclosed Homes are Sold as-is. Any foreclosed property is sold as-is. This cannot be said enough, and is often forgotten in the buying process. The difference between being happy in your new home, and struggling to keep it all together could be a proper inspection.

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Here are the 5 most overlooked secrets in buying a foreclosed property that trip people up. 1. The Agent. The key to finding a great foreclosure is your agent. She has the contacts at banks that make these deals work. It’s critically important to select an agent who works exclusively with distressed properties like foreclosures and short sales.

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The Pre-Foreclosure Real Estate Handbook: Insider Secrets to Locating And purchasing pre-foreclosed properties in Any Market [Frankie Orlando] on.

Find a real estate agent versed in the complexities of the foreclosure market. Whether you’re looking at a pre-foreclosure, short sale or bank-owned property, you’re going to need the guidance of a professional who has a background in buying and selling these types of properties in your local market.

Keep this in your spreadsheet as you calculate your total ROI. It’s no secret that rental properties lose money on paper. But.

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read on for the nitty gritty details of what to know before buying that oh-so-NYC housing type. Traditionally, buildings with.

She reveals her secrets on choosing an investment property, the importance of due diligence in the buying process, and what.

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The high rentals to buying prices create a huge opportunity. “Securing a rental property in any of these areas has become.

Foreclosures tend to get scooped up by real estate investors who often pay in cash. Don’t let that discourage you; many lenders will help you find the right financing to buy a foreclosed home.

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Read on for the secrets you need to know to complete a bank-owned property transaction. Sheriff Sales Are Hit Or Miss At Best. Buying foreclosed properties at a foreclosure auction, or sheriff sale as they are commonly known, is a hit or miss prospect.