Top 10 Foreclosure Cities

Posted by Margaret Beyer on Oct 15th, 2012 | Comments Off

Top 10 Foreclosure Cities

With the looming housing market, there are foreclosures popping up everywhere. Some markets have a wider range of foreclosed homes than others, but just about everywhere is feeling the blow. Let’s take a look at the top 10 cities for foreclosure investors based on the poll done by CNBC in 2010, listed in order by median price:

• Pittsburgh, Pa.
  Foreclosure discount 59%, Foreclosure as a % of resales 10%, Non-foreclosure median price $123,000, Foreclosure median price $35,000
• Cincinnati, Ohio
  Foreclosure discount 39%, Foreclosure as a % of resales 15%, Non-foreclosure median price $141,000, Foreclosure median price $65,000
• Columbus, Ohio
  Foreclosure…
  

Top 7 Foreclosure Investing Tips

Posted by Margaret Beyer on Oct 8th, 2012 | Comments Off

Top 7 Foreclosure Investing Tips

Successful foreclosure investing is just like any other marketing strategies; the pros have learned how to navigate the system with ease. Strategies are developed and honed to a fine point. A skilled investor’s mind weaves smoothly through all the red tape to make sure documentation is submitted on time and filled out correctly.

While many of these tips and techniques come with time in service, there are some top tips that can help everyone from the seasoned veteran to the wet-around-the-collar newbie foreclosure investor. Let’s take a look at some of the top foreclosure investing tips:

1. Market Research…
   

How To Flip A Foreclosure

Posted by Patricia McElroy on Oct 8th, 2012 | Comments Off

How To Flip A Foreclosure

You have just finished buying your foreclosure; now it is time to get it ready to sell as quickly as possible. Before you can sell your investment, you have to know what needs to be done, and you need a plan. Let’s take a look at some of the things you need to consider when thinking about how to flip a foreclosure.

Market Value

With all types of foreclosure investing, it is imperative that you know and understand market value in the area you are investing time and money. Without knowing market value, you may end up out-flipping…

Credit Card Debt Reduction

Posted by Annand Chettri on Oct 6th, 2012 | Comments Off

Credit Card Debt Reduction

You’ve been trying to get your finances in order, and you know that you have more credit cards than you need right now. So, coming up with a credit card debt reduction plan could be just what you need to put money back in your pocket and organize your budget. Here are some tips that will help you and your family to get back on track financially.

When it comes to credit card debt reduction, many people decide to go with a debt consolidation firm. However, many financial analysts are now concluding that fixing your credit yourself may…

How To Invest In Foreclosures

Posted by Adrian Fogerty on Oct 4th, 2012 | Comments Off

How To Invest In Foreclosures

Foreclosure investing is extremely different than what most people envision it to be. The easy lifestyle proposed in TV infomercials or magazine ads is, for many, just a dream. These get-rich-quick commercial spots sell better than the truth; hard work and a lot of time and money invested. Let’s take a brief look at how to invest in foreclosures.

Work

People who are big into foreclosure investing usually put a good deal of time into their research and preparation for buying a foreclosed house. Once the buying process is complete, it is time to put more work in…