Protecting Your Foreclosure Rights

Posted by Adrian Fogerty on Oct 1st, 2012 | Comments Off

Protecting Your Foreclosure Rights

While people who are being foreclosed on have rights, you as an investor must be conscientious of those rights while still knowing when it is time to stand up for your own rights. Yes, believe it or not, foreclosure investors have rights, too. Let’s take a look at one of these laws that is meant to protect the individual losing the home and how you can use the same law to help protect yourself.

Right of Redemption

The Right of Redemption law gives the previous homeowner, the one whose house was just foreclosed on, a certain amount of time…

How To Invest In Foreclosures

Posted by Michael Jones on Sep 29th, 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…

Foreclosure Bidding Strategies

Posted by Monica Hampel on Sep 27th, 2012 | Comments Off

Foreclosure Bidding Strategies

There is a large difference in investing in a pre-foreclosure home and a foreclosed home. Once the banks have purchased the home back, and are setting up the bidding wars, there are certain things you must keep in mind in order to increase your chances of winning the housing bid. Let’s take a look at some of the things to keep in mind before you push your paddle to the sky.

Know Market Value

It is important to understand the market value of the area around the house. While a bank would love to sell a foreclosed home, they are…

Where To Find Foreclosures

Posted by Monica Hampel on Sep 26th, 2012 | Comments Off

Where To Find Foreclosures

In depressed markets, finding foreclosures is fairly easy; just drive around in neighborhoods and look for the signs hanging from the doors. The recent housing market has made it extremely easy lately to find foreclosed houses to invest in. Advertised in the paper, on street signs and even word of mouth, houses have been popping up on everyone’s investing radar. But what happens when the market turns around? Where do you look to find foreclosures then? Stick around and let’s take a look at how to find investment foreclosures in any type of market.

Weak Markets

By far, weak…

Finding The Right Bank

Posted by Steve Rogers on Sep 25th, 2012 | Comments Off

Finding The Right Bank

In the foreclosure-investing world, it is important to have the right bank backing up your decisions. You want a bank who will work with you as quickly as possible in order to seal the deal and win the bid on that prime foreclosure. Having a bank that does not work well with you and your timetables, even if they have great percentage rates, can hurt your business because you may end up losing those great foreclosure bids. There are four simple things to look for when determining if a bank is right for you and your foreclosure…