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.
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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.Visit My Site to Learn More
Foreclosures Books on Amazon
The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction
Amazon Price: $16.47 (as of 12/11/2009) ![]()
List Price: $24.95
Usually ships in 24 hours
The Pre-Foreclosure Real Estate Handbook: Insider Secrets to Locating and Purchasing Pre-Foreclosed Properties in Any Market
Amazon Price: $14.93 (as of 12/11/2009) ![]()
List Price: $21.95
Usually ships in 24 hours
Real Estate Investing Books on Amazon
Flipping Houses For Dummies (For Dummies (Business & Personal Finance))
Amazon Price: $14.95 (as of 12/11/2009) ![]()
List Price: $21.99
Usually ships in 24 hours
Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Amazon Price: $11.53 (as of 12/11/2009) ![]()
List Price: $16.95
Usually ships in 24 hours
Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth
Amazon Price: $13.57 (as of 12/11/2009) ![]()
List Price: $19.95
Usually ships in 24 hours
The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate
Amazon Price: $17.05 (as of 12/11/2009) ![]()
List Price: $19.95
Usually ships in 24 hours
Discount Magazine Subscriptions
National Real Estate Investor
Amazon Price: $129.00 (as of 12/11/2009) ![]()
List Price: $120.00
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Reply
- ShortSaleRealtor ShortSaleRealtor Oct 1, 2007 @ 8:12 pm
- great lens 5 stars for U
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Reply
- Karendelac Karendelac Jul 30, 2007 @ 12:16 am
- I rate you 5 stars. Good start to gathering information to buying foreclousures. All the Best, Karen at Karen's Kinkade Art Store
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