All of the websites seem to be fake and want to make me join etc.
I am wondering how to invest in real estate foreclosure listings for real!
You dont need to join a website to get listings. However, what we have done at the office is purchase a marketing kit from http://www.getthoselistings.com it worked well because we were able to target specifically the listings we wanted…and my boss was thrilled because our completive advantage increased drastically! But check it out, and if you have any questions I'd be glad to help (or I'm sure you can contact the site owner).
How do I learn about buying real estate foreclosures?
5 comments for “How do I learn about buying real estate foreclosures?”
you should refer http://www.davidkucic.com
They provides online listings for real estate in Hawaii.
References :
There is no secret to buying foreclosures. You can buy them at the foreclosure auction itself. You bid. If you win, you must pay cash; no loans. That is why no one bids at them.
After the auction, a For Sale sign goes up in the front yard. That is the time when it is easy to buy them. You make an offer and get an answer in 4 days. The purchase is easy if you pay cash. If you get a loan, there can be problems. Most lenders will not loan on a house with missing faucets, missing stoves, empty swimming pools (typical repo's). But the seller (a bank) will not do any repairs to the house. So you have to make sure that the lender you choose will not demand any repairs. Then you can buy the house …. just like any other house for sale. Once you own it, you can fix it up quickly or slowly. But it is yours..
References :
Get a good foreclosure agent (like myself) in your area. Only deal with someone that has over 100 properties annually, not a part time agent. For an agent to take you seriously, you need to be well qualified to buy with at least 20% down/fix up costs. I also strongly advise having a good buffer of funds in addition to this. http://www.ketsco.com
References :
http://www.keatsco.com
You dont need to join a website to get listings. However, what we have done at the office is purchase a marketing kit from http://www.getthoselistings.com it worked well because we were able to target specifically the listings we wanted…and my boss was thrilled because our completive advantage increased drastically! But check it out, and if you have any questions I'd be glad to help (or I'm sure you can contact the site owner).
References :
http://www.getthoselistings.com
try this tips on how to buy foreclosure real estate at http://real-estate-gateway.blogspot.com/2008/11/how-to-buy-foreclosure-real-estate.html
and
http://real-estate-gateway.blogspot.com/2008/11/how-to-buy-pre-foreclosure-home.html
References :
http://real-estate-gateway.blogspot.com/search/label/Foreclosure%20Property
