Archive for the 'Buying a Foreclosure' Category

Finding Current Foreclosure Listings

Sunday, February 28th, 2010

There are typically two reasons why people search for foreclosures listings.  Reason one is because the person is interested in investing in foreclosures to pull a profit. The next reason people look for foreclosure listings is because they are looking on a super deal on a house they want to live in. 
If you are interested [...]

Financing Rehabs for a Foreclosure Investment

Saturday, February 20th, 2010

The market is currently flooded with a plethora of foreclosures and a plethora of opportunities to get a foreclosure investment..  These foreclosure investments include a wide variety of properties.  Some of these of these homes are in excellent shape an only need minor maintenance to re-sell quickly.  Others are suffering from damages and require repairs [...]

Buying a Foreclosure: What you Must Do Before Buying A Foreclosure

Friday, February 12th, 2010

Everyone knows the economy is in shambles.  The banks that have experienced huge financials losses due to negligent business practices are now increasing adjustable rate mortgages, push homeowners in to payments they can no longer afford.  This of course has led into a increase in foreclosures and has severely depressed a once flourishing housing market. [...]

What is a Real Estate Short Sale?

Friday, February 5th, 2010

What exactly is a real estate short sale?  Well if you’ve been diligently looking for property it’s probably a term you’ve heard a lot of lately.  The newspapers and real-estate site are filled with listings proclaiming they’re a real estate short sale, and if your’re trying to save money on your next house purchasing a [...]

More Tips for a Successful House Flip, Part 3

Sunday, January 31st, 2010

Finding a foreclosure to flip is not the first step of the house flip process nor is it the last.  How can you make sure that you can sell it, and sell it quickly?  That’s one of the most common questions amongst house flip investors.   Now that you’ve found you’re investment you need to address [...]

More Tips on Flipping Houses for Profit, Part 2

Wednesday, January 20th, 2010

When you first start out flipping houses, you want to be sure to avoid costly mistakes that are common to beginners that can eat into your profits and make it harder for you to finance more deals. The biggest mistake is taking too much time to fix up the house. Houses meant for flipping need [...]

Quick Easy Tips for Flipping Houses, Part 1

Tuesday, January 12th, 2010

Real Estate is an awesome investment stream. Making money flipping houses is one of those investments strategies that you can use in an up or down economy and still be successful.  All you have to do is stop thinking about it and get to work. The money you will need to invest in these flips [...]

How to Use the $8,000 First-Time Homebuyer Tax Credit on Your Foreclosure Property

Friday, January 8th, 2010

If you read the earlier post then you should know whether or not your foreclosure will qualify for the first time homebuyer tax credit. But if not then here’s a short review, it has to be your first home which is your primary residence.  You have to make less than $75,000 if you’re single or [...]

If I Buy A Foreclosure Can I qualify for the $8000 First-Time Homebuyer Tax Credit

Monday, January 4th, 2010

The short answer is yes you can buy a foreclosure and take advantage of the $8000 First Time Homebuyer Tax Credit.  As long as you purchase this home as your primary residence.  The idea of the first time homebuyer tax credit is wonderful and almost unheard of.  The credit is all apart of Presidents Obama’s [...]