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Foreclosure News Update

Your Foreclosure Strategy

Foreclosure homes for sale

Why foreclosures?

Foreclosure property types

Your foreclosure goals

Your foreclosure strategy

Negotiate foreclosure

Hold or flip foreclosure home?

Fixer upper foreclosures

Home neighborhood

Foreclosure mistakes

Foreclosure procedures

Foreclosure legal information

Foreclosure law

Foreclosure glossary

Foreclosure Homes Financing

Your borrowing strategy

Foreclosure loans

Creative financing techniques

Home mortgage loan

Foreclosure Inspection, Repair, Improvement, and Decoration Tips

Home inspection

Foreclosure repair

Home improvement

Home remodeling

Home decoration

Foreclosure Opportunities Newsletters

Foreclosure Home Repair Strategy

Negotiation Tips for Buying Home

Four Common Mistakes in Getting Home Mortgage Loans

Foreclosure Fixer-Upper Homes

Foreclosure Process: Best Time to Get in

Pre-foreclosure Opportunities: How to Locate Them

Estimating Foreclosure Fixer-Upper Repair Costs

Avoid Serious Common Mistakes in Buying Foreclosures

Home Buying/Selling, and Renting/Leasing Tips

Lease-buy option

Home buying and selling news

Title search and title insurance

Real estate investment

Home property management

Best Foreclosure Locations

Importance of Locality of Foreclosures

Location of foreclosure property is critical for profitability of your foreclosure business

Good neighborhoods for foreclosure homes:

Pick areas where owners spend their time and money on their houses.
Well-maintained homes
Streets with no junk cars or garbage
No or low-crime areas
Convenient location
Active real estate market

Low and middle income areas of foreclosures

Start with properties located in low- and middle-income areas.
Stay away from expensive neighborhoods.
- You will not able to find enough fixer-upper homes in expensive neighborhoods.
- Rehabilitation costs will be higher.
- Potential to improve may not be as high as for those in the low- and middle-income level neighborhoods.
- Property values in expensive neighborhoods may change dramatically, which means too much risk!

Go the extra mile in selecting foreclosure properties

Pick up houses that require more than cosmetic repairs.
The worst-looking house may be your best bet, since most people stay away from them due to their appearance (don’t judge the book by its cover!).
Your profit potential increases as you go from cosmetic fixing to more comprehensive fixing.

Stay away the following foreclosure homes

Homes with structural and environmental problems. These are problems that only professionals, not you, can correct.
Homes that are next to interstate highways, freeways, apartment complexes, behind shopping centers, industrial parks, and commercial zones.