Monday, September 6, 2010

Making Sense of Distressed Property Deals

July 3, 2010 by admin  
Filed under Foreclosures, REI Blog

If you are in the market for a home, you may see lots of them listed as “REO” or “shortsales” or “foreclosures.”    You may have even seen notices of Trustee Auctions. The best way to make sense of these “distressed” properties is to understand:
1) What each term means.
2) Who the current owner is
3) What [...]

10 Indicators of Problems in Foreclosed Home

May 24, 2010 by admin  
Filed under Foreclosures, REI Blog

Investing in foreclosed and vacant homes can provide you with a huge reward, however, these homes also come with a huge risk.   Years of neglect leave you with a ton  of problems many which you may not event see in your visual inspection.