Tag Archives: foreclosure

Forget about flipping houses. If you want to make some real money on the housing market in 2012, help out the White House and start renting out foreclosures. This past Tuesday, the Obama administration announced that it’s working on a pilot program to sell off batches of Federal Housing Authority-owned foreclosures around the country – as rental properties. While there are many questions that need to be answered before the program becomes active, there’s also a lot of money to be made for real estate investors who have the cash and the work ethic to succeed.

When your lender decides to foreclose on your home, it’s easy to feel like the world is ending – but a foreclosure doesn’t mean that you’ll never be eligible for a mortgage again. There are plenty of steps that you can take to get back on the right financial track, if you’re willing to work hard enough. Here are three things you can do now.

The key to successfully rehabbing properties is to have a keen eye for profitable foreclosures. You don’t need years of experience in the business to separate the cream of the foreclosure crop from the rest of the houses on the market, either. You just need to know what to look for. Here are four things that all profitable foreclosures have in common:

You hear the words “no money down” thrown around quite a bit these days on the real estate market, but is investing in a foreclosure or some other home that doesn’t require any money up front really a good idea? Well, it all depends. If you’re considering investing in a zero-down house, here are some things to consider.

Foreclosure rates are higher than ever, and the last thing anyone selling a home needs is for the bank to seize one of their neighbor’s real estate investments. Just one foreclosure in a neighborhood can drive down the property value of the surrounding houses, but luckily there are steps you can take to keep your equity intact. Here are a few you should try:

As of this August, home foreclosures are at an all-time high across the country. Although low sticker prices might tempt many first-time homebuyers to invest in a house that’s been foreclosed upon, putting your money into bank-owned property isn’t always a good decision. Here a few things to keep in mind if you’re on the market for foreclosures:

If you’ve fallen behind on mortgage payments and your lender is threatening foreclosure, don’t panic. You haven’t lost your house just yet, and there are several steps you can take to stall or prevent your home from being foreclosed upon. Here are a few worth thinking about:

What if you could move to one of the most beautiful cities in the country – and save tons of money doing it? Purchasing a San Diego foreclosure may help that dream become a reality. But before you jump right in and make a deal, you should consider that there are pros and cons to buying real estate in San Diego.

Wholesaling real estate requires thinking on your feet and using your negotiation skills to make deals with both buyers and sellers. Learning how to negotiate can help wholesalers find better deals and perhaps even more deals – leading to more money in your wallet.

If you’re in bad financial shape, you may find that you’re in danger of losing your home. Although it’s not an ideal situation, knowing the difference between foreclosures and short sales can help you out during a tough time. You may find that you have more options than you previously thought.