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Buying Foreclosures

1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic (by 4 people)   Your rating: 1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic

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Buying Foreclosures

 

Many real estate investors have found their fortunes by buying foreclosures while they are low in price at either an auction or from the bank, fixing them up to increase their value, and then renting them off to tenants and collecting a profit.  However, for you and I buying foreclosures can be a way to buy your dream house at 20% to 50% off.

The benefits of buying foreclosures can be summed up by the fact that foreclosed houses can be purchased at a price below market value.  There are many different resources out there to help you get started in buying foreclosures and my website NewHouseInTampa is worth a visit. 

RealtyStore 

There is no doubt that the housing market is red-hot, as housing prices have skyrocketed across the country. The big problem is that housing affordability is declining which causes people to stretch their budgets. The rise of interest-only loans, combined with higher consumer debt and changing bankruptcy laws are likely to cause foreclosures to rise dramatically in the very near future. Due to these market conditions, we believe the best opportunity to make money investing in foreclosures is about to occur.

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Foreclosures Books on Amazon 

The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction

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Amazon Price: $16.47 (as of 07/26/2008)
List Price: $24.95

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The Pre-Foreclosure Real Estate Handbook: Insider Secrets to Locating and Purchasing Pre-Foreclosed Properties in Any Market

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Amazon Price: $17.21 (as of 07/26/2008)
List Price: $21.95

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The Complete Idiot's Guide to Buying Foreclosures

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Amazon Price: $18.95 (as of 07/26/2008)
List Price: $18.95

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Making Big Money Investing in Foreclosures: Without Cash or Credit

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List Price: $18.95

Buying Real Estate Foreclosures

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Amazon Price: $11.53 (as of 07/26/2008)
List Price: $16.95

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Real Estate Investing Books on Amazon 

Flipping Houses For Dummies (For Dummies (Business & Personal Finance))

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Amazon Price: $14.95 (as of 07/26/2008)
List Price: $21.99

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Real Estate Investing for Dummies

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Amazon Price: $14.95 (as of 07/26/2008)
List Price: $21.99

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Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors)

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Amazon Price: $11.53 (as of 07/26/2008)
List Price: $16.95

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Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth

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Amazon Price: $13.57 (as of 07/26/2008)
List Price: $19.95

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The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate

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Amazon Price: $13.57 (as of 07/26/2008)
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Discount Magazine Subscriptions 

Unique Homes

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Amazon Price: $25.97 (as of 07/26/2008)
List Price: $55.97

National Real Estate Investor

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Amazon Price: $129.41 (as of 07/26/2008)
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Florida Real Estate Principles Practices & Law

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Amazon Price: $42.33 (as of 07/26/2008)
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ShortSaleRealtor

great lens 5 stars for U

Posted October 01, 2007

Karendelac

I rate you 5 stars. Good start to gathering information to buying foreclousures. All the Best, Karen at Karen's Kinkade Art Store

Posted July 30, 2007

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