Search results “Foreclosure home purchase”
Is Buying a Foreclosure a Good Idea?
http://www.FreedomMentor.com/is-buying-a-foreclosure-a-good-idea/ - Is buying a foreclosure a good idea? It depends. Are you looking to move into the property or are you an investor. This video shares unconventional wisdom on is buying a foreclosure a good idea. http://www.youtube.com/watch?v=bumaRr...
Views: 349805 Phil Pustejovsky
Purchasing a Foreclosure: Pros and Cons - Charlotte, NC Realtor | Buy Sell Homes
Buying a foreclosure can have its rewards but not every foreclosure is a "diamond in the rough" or a great deal. Pros to Buying a Foreclosure: 1. Great Price! The average foreclosure's price is 10-15% less than similar properties in a specified area. And the ability to possibly move into a neighborhood that you could not otherwise afford. 2. Equity! 3. "Top of the table" negotiations. The bank is looking at the bottom line or what they will net from the cell. No Sellers emotions to deal with. Cons to Buying a Foreclosure: 1. No guarantees or warranties of the condition of the property from the Bank. 2. Surprise cost of repairs. 3. "Vacancy Issues": Small leaks and creaks that turned into larger issues, vandalism, theft, and squatting are all common issues when purchasing a foreclosure. Watch this video to learn some things to expect and things to look out for when purchasing foreclosures. Find your new home or investment property at: www.CharlottesBestRealEstate.com
Views: 29755 AsheTheRealtor
4 Reasons Why Buying Foreclosure Homes is Toxic
http://www.SystemsSaturday.com In this Systems Saturday John Cochran will explain the 4 reasons why buying a foreclosure house in Toxic as a Real Estate Investor. This video is a must watch but more importantly... BE CAREFUL. JOIN US AT ONE OF OUR UPCOMING LIVE EVENTS: http://www.systemssaturday.com/event GET SOCIAL WITH SYSTEMS SATURDAY: http://www.systemssaturday.com https://www.facebook.com/systemssaturday https://twitter.com/systemssaturday https://plus.google.com/+TheKingOfSystems
Views: 55533 Systems Saturday
Foreclosures: How To Buy and Finance (2018)
I get these questions every day. How to buy a foreclosure, when will this foreclosure hit the market, how do I finance a foreclosure? In my career I have financed over 500 foreclosure homes and worked directly with the banks and asset managers holding the foreclosures. In this video I explain the deal with finding foreclosures in today's market and how to finance one. Be sure to subscribe for more https://www.youtube.com/c/jenniferbeeston Jennifer Beeston on Social Media http://www.jenniferbeeston.com http://instagram.com/jenbeeston http://facebook.com/jenniferbeestonmortgage To Apply for a mortgage or check mortgage rates; www.rate.com/jenniferbeeston Licensing and disclaimers: Fun!!!:) NMLS ID: 247743; CA - CA-DOC247743 - 413 0699, IL - 031.0054184, NY - Licensed, TX - Licensed, WA - MLO-247743 - CL-2611 NMLS ID #2611 (Nationwide Mortgage Licensing System www.nmlsconsumeraccess.org) • CA - Licensed by the Department of Business Oversight, Division of Corporations under the California Residential Mortgage Lending Act Lic #4130699 • IL - Residential Mortgage Licensee - IDFPR, 122 South Michigan Avenue, Suite 1900, Chicago, Illinois, 60603, 312-793-3000, 3940 N. Ravenswood Ave., Chicago, IL 60613 #MB.0005932 • NY - Licensed Mortgage Banker - NYS Department of Financial Services- 3940 N Ravenswood, Chicago, IL 60613 Lic # B500887 • TX - Licensed in TX: Licensed Mortgage Banker & Licensed Residential Mortgage Loan Servicer- TX Department of Savings & Mortgage Lending • WA - Lic #CL-2611 All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.
Views: 19968 Jennifer Beeston
How to Buy a Foreclosure Home to live in - [HUD or Traditional]
How to Buy a Foreclosure Home to live in. Whether it be a Hud or traditional foreclosure. When buying a HUD or Traditional you want to make sure first and foremost you are dealing with a real estate agent who is experienced in this area. Your focus is to get a personal referral from someone who has worked with the agent before. Try asking you sphere of influence. If this doesn't work head over to http://Biggerpockets.com and sign up for a free account. Go to forums section and post a request asking for an agent who is experienced in HUD Foreclosures and traditional foreclosures Also http://hudhomestore.com is the site you want to search and see HUD homes for sale. Special note:. It is a bidding process and your agent that you work with can educate you about the entire process because if their experience. ✔️Pay as little as $100 for a property! https://bit.ly/2GPTa9H ✔️Wholesaling Real Estate for Beginners https://bit.ly/2MgNkFj ✔️ Ready to Flip Your First House? http://houseflippingguide.com/freeguide ✔️ Facebook Group: House Flipping family http://houseflippingfamily.com
Views: 17345 House Flipping Guide
How to buy a foreclosure direct from the courthouse-Part 1
Dave Dettmann and his partner Dave Stewart of 3-D PROPERTIES OF S.W. FLORIDA, LLC take you along with them to show you the step-by-step process for buying a foreclosed home direct from the courthouse. We also have access to 100's of other properties like this one, so call or e-mail today and ask to be put on our FREE subscribers list which will automatically send you the newest, hottest deals right to your e-mail daily! Our FREE hot leads service allows you to set your own search criteria, essentially putting the power of the entire MLS right in your hands. Contact us at: [email protected] if you would like us to sign you up for this very powerful & fun service! For more information on this or any other property, or to make an offer, contact "The Gator Group" of Coldwell Banker Residential Real Estate, 3301 Del Prado Blvd., Cape Coral, FL. 33904 Our members are: David Dettmann: 239-728-4016; Wendy Dettmann: 239-728-4201 Part 1 of a 3 part video
Views: 256185 Dave Dettmann
Secrets to Foreclosure Auctions and Tax Deed Sales
Discover what to do (and what NOT to do) when buying real estate at Foreclosure Auctions and Tax Deed Sales (also known as Tax Foreclosures). Although there are many pitfalls, this video shows you how to steer clear of them as well as make wise decisions when bidding. This is a must watch for anyone considering bidding on a property at a foreclosure auction or tax deed sale (tax foreclosure).
Views: 197155 Phil Pustejovsky
How to Buy Foreclosure Homes: Beginners Guide
Along with giving you tips on how to buy foreclosure homes, this video explains the foreclosure process, the foreclosure laws and the benefits of buying a foreclosure to first-time homebuyers. Among these tips are pre-qualifying for a loan, hiring inspectors, running a title search and hiring a realtor. Depending on your state, the foreclosure process is either judicial or non-judicial. Judicial foreclosures require the lender to sue the homeowner before it can foreclose on the house. In states that allow both foreclosures, the foreclosure process followed depends on whether the loan contains a power of sale clause. The foreclosure process begins when the homeowner defaults on the loan and is issued a notice of default. Homeowners who fail to alleviate their default are issued a notice of sale, and their homes are listed at auction. Homes that do not sell at auction become bank owned as Real Estate Owned (REO) properties. Auctions are very common and are great deals if homebuyers predetermine their maximum bids beforehand. Short sales help all parties involved by allowing homeowners to pay off their loans to their lenders. REOs allow the homebuyer to buy directly from the lender, and government REOs are usually well maintained.
Views: 69129 foreclosuredeals
Buying a $250K house for $40K
As banks foreclose on homes nationwide, investors look to pick up cheap houses at auction.
Views: 41764 CNN Business
3 Rookie Mistakes When Buying Foreclosed Homes
http://real-estate-investing-club.com Don't make the 3 big mistakes many real estate investors make when purchasing foreclosed homes. Foreclosures can be big profits and buying them the right way will set you up for success.
Views: 77525 getrealrei
Get the Deed: Take Over Homes in Foreclosure Subject To Existing Mortgage
How to work with homes that are in pre foreclosure and why they are easier. See how you approach the deals and establish buy price, prepare docs and go to closing. See more Subject To Investing info here: https://cashflowsystems.thinkific.com/courses/get-the-deed Join me on Google+ in the Community section called "CashFlow" Contact Info: [email protected] Website: http://www.cashflowsystems.thinkific.com/courses/get-the-deed Facebook: @mycashflowuniversity
Views: 48002 Alicia Cox
How to Buy a Foreclosure or REO Bank Owned House
Almost everyone at some point considers buying a foreclosure or bank owned property(REO). I want to provide some clarity and some pro's and con's to consider if you are thinking of purchasing a foreclosure. I also go over the different phases of foreclosure and the process. If you have real estate questions leave them in the comments or reach out to us directly and we would love to help! Make sure you subscribe to our channel. Watch FC Daily Real Estate, our daily activities as REALTORS and investors. http://www.youtube.com/playlist?list=PLLRah7u0148W0yPOH2jD3l9OH1TQD9Rkx www.FaganCarnationRE.com Contact Us Facebook https://www.facebook.com/FCRealEstateTeam/ Instagram @Ryan_Fagan_Realestate @Gabzmommy07 Phone/Text (267) 800-4002 Email [email protected] [email protected] Equpment Used Camera 1 - https://amzn.to/2JdQzbM Camera 1 Lens - https://amzn.to/2LlYsN4 Camera 2 - https://amzn.to/2suqq1P Microphone 1 - https://amzn.to/2su8ynY Microphone 2 - http://amzn.to/2Bk4yfn Audio Recorder - https://amzn.to/2LlCA4n Drone - https://amzn.to/2J8ECYW Dashcam - https://amzn.to/2J7gYMh Tripod - https://amzn.to/2tSs9hz Slider - https://amzn.to/2Kv3OFt Ball Head - https://amzn.to/2yWaKKD Berkshire Hathaway Home Services Fox & Roach Mount Laurel 1025 Briggs Road, Suite 148 Mount Laurel, NJ 0805 Cell (267) 800-4002 Office (856) 222-0077
How to buy a house at the foreclosure auction Part 1
This is 4 steps to buying a house at the foreclosure auction. You need to be prepared before you go to the auction to buy. Learn negotiating tips and phrases with the Real Estate Negotiating bible https://www.amazon.com/Real-Estate-Negotiating-Bible-discounted-ebook/dp/B01B5H0U2E/ref=sr_1_2?ie=UTF8&qid=1509326836&sr=8-2&keywords=real+estate+negotiating+bible
Views: 29065 kris haskins
4 Tips for Getting Bank-Owned Properties Cheap
Get a Free Report here: http://www.strategicrealestatecoach.com/secrets?v=orgavyt Subscribe to our YouTube Channel: http://www.youtube.com/user/SRECvideo?sub_confirmation=1 Subscribe to our Podcast: https://itunes.apple.com/us/podcast/strategic-real-estate-investor/id570750792?mt=2 Like our page on facebook: https://www.facebook.com/srecnow Visit our blog: http://www.strategicrealestatecoach.com ************************************ STRATEGIC REAL ESTATE COACH is dedicated to giving real estate investors and agents the best, most up to date resources, training, tools, techniques, tips, videos, news, interviews and insider information on today's best strategies and techniques for real estate investing in today's troubled market. This includes marketing for motivated seller leads, wholesaling, rehabs, rentals, foreclosures, pre-foreclosures, REO's, short sales, raising funding and financing, asset protection, internet marketing, real estate investing for beginners, and much much more, including teaching how to make money in real estate and how to become a real estate investor.
Buying A Home After A Foreclosure, Short Sale Or Bankruptcy
Lynn Farris with Windermere Hulsey talks with George Kalis at Peoples Home Equity mortgage about how to qualify for a mortgage after a foreclosure, bankruptcy or short sale. See more at http://www.lynnfarris.com or http://www.peopleshomeequity.com/georgekalis
Views: 1802 Lynn Farris
🎥 Bank Owned Homes - What You Need to Know Before Buying a Bank Owned Property
I go over what you need to know when buying bank owned homes. I give you the ins and outs as well as some money tips when buying from banks. Contact me at http://www.tampa2enjoy.com/contact-us/ Bank owned home accrue after an unsuccessful sale at a foreclosure auction. The banks beneficiary will usually set the opening bid at a foreclosure auction for at least the outstanding loan amount. If there aren't buyers that are interested in the home, then the beneficiary will legally repossess the property. Bank owned homes are also referred to as foreclosed homes or REO (Real Estate Owned). A lot of people confuse a foreclosure with a bank owned home. A foreclosure is not a bank owned home. Foreclosure is the legal process of the bank foreclosing on a home. Once the home has been foreclosed on it's a bank owned home (foreclosed home). A lot of people also confuse the foreclosure / short sale process with the bank owned / REO process. Nothing can be further from the truth. A short sale is a nightmare that can take months (3-6) for the bank even to respond to your offer. While a bank will usually take only 2-5 days. WOW! Big difference. Check out this video so you have a better understanding of what you need to know when buying a bank owned home. Plus - near the end of the video I give some great information you need to know before you buy any bank owned property. View all Bank owned homes in Tampa, FL: http://www.tampa2enjoy.com/search-homes/foreclosed-homes-in-tampa/ Learn more about the bank-owned home process at: https://en.wikipedia.org/wiki/Real_estate_owned Please contact me if you have any questions. Sincerely, Lance Mohr Mohr Home Group at Keller Williams 813-317-4009 http://www.tampa2enjoy.com https://www.youtube.com/tampa2enjoy
Views: 3743 Lance Mohr
Buying Foreclosure Homes in FL - Avoid 7 Costly Mistakes
Buying Foreclosed Homes in Florida, go to: http://www.RehabForeclosures.com to grab our FREE guide; Avoid 7 Costly Mistakes with Buying Foreclosures or you could end up with a money pit. Buying a foreclosure property requires research, evaluation and careful analysis. Agi Anderson FL Real Estate Broker since 1994 List, Market and Sell Property Space Coast Florida See Agi's specialties on the website links below: http://www.SellFastTips.com http://www.PropertyValuesBrevard.com http://www.SpaceCoastFLHomes.com http://www.InvestorTurnkey.com http://www.SearchSpaceCoastForeclosures.com http://www.RehabForeclosures.com
Zillow- Pre Foreclosure, Foreclosure & Foreclosed homes explained
Zillow- Pre Foreclosure, Foreclosure & Foreclosed homes explained for real estate in Southern Oregon. A look at the differences between listing types of Homes for sale. ***TARA JACOBI is a Principal Real Estate Broker, Licensed in the state of Oregon, working in residential Real Estate since 1999. These Videos are her opinions only based on her years of experience. This video and any information given should not be taken as Legal or accounting advice. Tara, is not a Lawyer or accountant. Please consult your legal or accounting professional. Presented by TARA JACOBI- Oregon Licensed, Principal Real Estate Broker Superior Service Since 1999 RE/MAX Integrity 541-326-2300 [email protected] www.RealEstateRogueValley.com Southern Oregon Homes for Sale, Medford Oregon-Homes for Sale, Rogue Valley-Homes for Sale, Ashland Oregon-Homes for sale, Eagle Point Oregon-Homes for sale, Central Point Oregon-Homes for sale, Jackson County-Homes for Sale, Jacksonville Oregon-Homes for sale, Rogue Valley Oregon-Real Estate, Southern Oregon-Real Estate, Medford Oregon-Real Estate, Jackson County Oregon-Real Estate, Ashland Oregon-Real Estate, Eagle Point Oregon-Real Estate, Central Point Oregon-Real Estate, Jacksonville Oregon-Real Estate, Southern Oregon-Home Values, Jackson County Oregon-property Values, Rogue Valley Oregon-Home Values, Medford Oregon-Home Values, Ashland Oregon-Home Values, Eagle Point Oregon-Home Values, Central Point Oregon-Home Values, Jacksonville Oregon-Home Values
Views: 11425 Tara Jacobi
How Do I Find Foreclosed Properties? [#AskBP 044]
Every investor knows that foreclosed properties can be terrific investments... but how should an investor go about finding them? On this episode of the #AskBP Podcast, Brandon shares his top tips for finding foreclosures, as well as several key red flags to look out for when shopping. Don't miss this valuable show! http://www.biggerpockets.com/renewsblog/2015/06/18/askbp-044-how-do-i-find-foreclosed-properties/
Views: 63622 BiggerPockets
How to buy a foreclosure direct from the courthouse-Part 2
Dave Dettmann and his partner Dave Stewart of 3-D PROPERTIES OF S.W. FLORIDA, LLC take you along with them to show you the step-by-step process for buying a foreclosed home direct from the courthouse. We also have access to 100's of other properties like this one, so call or e-mail today and ask to be put on our FREE subscribers list which will automatically send you the newest, hottest deals right to your e-mail daily! Our FREE hot leads service allows you to set your own search criteria, essentially putting the power of the entire MLS right in your hands. Contact us at: [email protected] if you would like us to sign you up for this very powerful & fun service! For more information on this or any other property, or to make an offer, contact "The Gator Group" of Coldwell Banker Residential Real Estate, 3301 Del Prado Blvd., Cape Coral, FL. 33904 Our members are: David Dettmann: 239-728-4016; Wendy Dettmann: 239-728-4201 Part 2 of a 3 part video
Views: 100865 Dave Dettmann
How to Buy HUD Foreclosures CHEAPER Than EVERYONE
Over the next 2 days we are holding a a MUST SEE webinar where John's going to show you the EXACT blueprint he is using in 2015 to flip 40+ HUD Foreclosures Register for the 4PM EST Webinar TODAY Saturday Jan 24, 2015 https://attendee.gotowebinar.com/register/4948257886739423489 **Sunday** (FINAL WEBINAR) Register for THE FINAL webinar at 8PM EST Tomorrow Sunday Jan 25, 2015 https://attendee.gotowebinar.com/register/4690842423467786497 Here's what you will learn on the webinar: - The EXACT blueprint on how we’re buying over 40 HUD Foreclosures in 2015 - PROOF that this business is 100% automated for me and you - How HUD will give you bigger discounts (On the same homes) than your competition - How we strategically big on HUD Homes (Better takes notes) - What name you should be bidding in to win more bids - The formula to know what HUD will Accept on EVERY home - What % to bid on 2,3,4+ bedroom homes (They’re all different) - What to do with an accepted offer to make $5,000-$40,000 on EVERY Deal - The Blueprint to Presell EVERY HUD homes you get under contract - What you can do and cannot do when dealing with HUD Foreclosures AND MUCH MUCH MORE Block out 2 FULL Hours for John to share with you this blueprint. It will rock your world... If you think Systems Saturday's are good.. You haven't seen anything until you watch him on a full webinar Register Now
Views: 67542 Systems Saturday
Tax Lien Foreclosure Property I bought for only $1.4K No Joke
http://www.JuliaMSpencer.com - Actual Real Estate I bought at a Foreclosure Auction for only $1.4K. That's right. Sign up for your FREE account today and download your FREE Guide to Real Estate Investing on this and many other Real Estate topics discussed and backed with 25 years of experience.
Views: 55566 Julia M. Spencer
Foreclosure Property - What are they and how to buy them
Foreclosure properties come and go; but what are they? What is a foreclosure property and how can you benefit, as an investor, by buying foreclosure property? To learn more about Auction.com: http://bit.ly/2mUOMgr To search foreclosure properties in your area: http://bit.ly/2ndwCsR
Views: 23374 Auction
how to buy a house at the foreclosure auction part 3
Here's a LIVE look at how the foreclosure auction really works. The trustee starts with an opening bid and the buyers make their offers. But, there are a few things you need to know BEFORE you make your bid, come along with me as we bid at the courthouse steps...
Views: 30734 kris haskins
How to Buy Zillow Foreclosures. Can you buy them?
This video explains the truth behind Zillow foreclosures. What to look for and what to avoid when browsing homes on Zillow or Trulia. Can you buy one? Short answer: it depends.
Views: 203 Paul Wolfert
Typical day at the Foreclosure Auction
A compilation, and description of what takes place at a foreclosure auction in Georgia while at the same time bidding on properties myself. June, 2015, at the Atlanta, Fulton County Courthouse.
Views: 58978 monsatlanta
How a Tax Foreclosure Auction Affects the House Deed & Title
http://www.amerifirst.com/investing-in-real-estate/ Tax foreclosure auctions - they're often touted as a good place to find great deals on homes for investors. Many times these houses sell for thousands less than what the market around them is going for. It's a tempting proposal for new investors and home buyers alike. But there are some things to keep in mind when considering buying at a tax foreclosure auction. First, these sales are cash or cashier's check only. You're not financing a home purchase with a mortgage. So before you think about going to your county's tax auction, be prepared with cash reserves. Also, a house bought at tax auction will likely have a quit claim deed rather than a completely clear title. One county treasurer we talked to says it's just part of the process -- when they foreclose because of unpaid taxes, everyone SHOULD be notified, but it doesn't always happen in the eyes of a title company. (Mary) The head of Devon Title in Kalamazoo weighed in on the issue as well. Curt Dinkelmyer says it's one of the risks in real estate investing, but it's not the end of the world. (Curt) Investor Jeremy Cole says knowing ahead of time is half the battle. In one deal he was a part of, he didn't realize it was an issue until he was about to sell the house he bought at auction, after sinking a bunch of money into the rehab of the house to make it a nice home. Once the new buyer was about to close, it was discovered that the title wasn't clear, and they had to go through a few months of making sure the title was totally clear before the buyer could take possession. Now Jeremy handles it all up front. (Jeremy) So if you're an investor, talk to your county treasurer about your options to get the title cleared. (Mary advice?) And if you're a home buyer, ask the seller whether the home was bought at a tax auction. Martha Wilbur is a homeowner who almost had her deal collapse on her, because the seller didn't realize the title had to be cleared. After waiting 3 months, the deal came through and she was able to breathe a sigh of relief. (Martha) A tax foreclosure auction can certainly be a good place to get into real estate investing, or find a home of your own. Just be aware that it's not always a simple task -- it takes patience, work and knowledge. For AmeriFirst Home Mortgage, I'm Dan Moyle. Address: AmeriFirst Home Mortgage 950 Trade Centre Way, Suite 400 Kalamazoo MI 49002 AmeriFirst Home Mortgage is a home buyer's resource center and community mortgage banker. We focus on educating homeowners and home buyers in the details of the housing market and more. AmeriFirst Home Mortgage is a division of AmeriFirst Financial NMLS ID 110139 | Equal Housing Lender
How to Buy a Foreclosed Home | Foreclosure.com
Buying a foreclosed home can save a future homeowner a significant amount of money on the final sale price. Why? Because most foreclosed homes are listed less than current market value so that they sell as quickly as possible. In fact, it's common to find foreclosed homes for sale for as much as 50 percent off! There are several reasons, however, for these deep price cuts, including too much inventory and lack of infrastructure and/or resources to market homes effectively. Indeed, banks are in the money-lending -- not real estate -- business. So, in most cases, once banks repossess homes with mortgages in default, they are eager to sell them as quickly as possible and often in "as-is" condition. Banks aren't about to sink more money into bad investments, which is the reason foreclosed homes -- also known as Real Estate-Owned (REO) properties within the banking/lending industries -- are typically discounted. Most homes in default enter a public auction and are sold to the highest bidders; however, there are usually reserve prices. If the bids do not meet or exceed the reserve prices, the lender will take possession and classify it as an REO. Once a foreclosed home is reclaimed, a bank will typically assign it to a real estate agent (or REO company) to "preserve" the property and then list it in the Multiple Listing Service (MLS). In addition, banks such as Bank of America, Wells Fargo and Chase, among others, list their REOs on their respective websites. Government Sponsored Enterprises (GSEs) such as Fannie Mae and Freddie Mac have also set up their own websites that lists their foreclosure/REO properties for sale. Therefore, if you're interested in a foreclosed home in your area, the first step is to find out which bank/lender secured the financial note. This can be done easily online or you can pay for a title search to determine the owner. Once you've established the bank/lender that owns the foreclosed home, we suggest searching its website for the listing. If the listing does not appear on the bank-specific website, other online resources such as Foreclosure.com might have the property details. If you're search still turns up empty, a good next step is to call the bank's REO department and make an inquiry. If you're still running into roadblocks, one more good option is to enlist the services of a local real estate agent to help you get your foot in the door. The great thing about buying a foreclosed and/or REO home direct from a bank is that it will also typically set you up with competitive financing options. However, always remember that when buying a foreclosed home from a bank that cash and/or a downpayment will play a major role in getting a deal done quick. Banks, remember, want to recoup as much money as possible as quickly as possible. They are already taking a hit on the sale price, so lending more money on a returned asset is far from ideal. The more cash you can bring to the negotiating table, the better your chances are of landing a great price on a foreclosed home for sale. Good luck!
Views: 10760 foreclosurecom
HOW TO BUY A TEXAS FORECLOSURE (TREC COURSE # 32482) w/ George Roddy Learn: The ins and outs of buying Texas foreclosures. The different types of auctions, 3 ways to purchase real estate, What falls off at the auction, Who would contract to buy this house per-foreclosure, Two types of debt at a tax auction, How many years of back taxes, What happens to the mortgage, The redemption period. Don’t Miss Out!
Views: 968 2020 REI Group
Calgary Foreclosures & The risks of buying a foreclosed property
https://www.chamberlaingroup.ca/calgary-foreclosures/ If you’re looking to buy a new home, it’s possible you’ve seen a few attractive looking foreclosures online. Before you purchase a foreclosure, though, you’ll want to make sure you’re familiar with the different types of foreclosed properties. It’s a good idea to learn the risks of buying those types of properties as well. For example, when you buy a bank owned foreclosure, you get the property as is, where is. To find out what else you should know before buying a foreclosed home, watch this short video. https://goo.gl/maps/ya5xaTHnHfs Twitter: https://goo.gl/LF4h9n Facebook: https://goo.gl/AVgw3o LinkedIn: https://goo.gl/Y9pW3D Instagram: https://goo.gl/V3dNy4 Chamberlain Real Estate Group Calgary, Alberta 587-316-5400 [email protected]
How to Find, Understand and Buy HUD Homes
http://www.amerifirst.com/amerifirst-blog/bid/100355/Buying-Foreclosed-Homes-How-to-Simplify-a-Complicated-Process Mortgage consultant Jeremy Drobeck with AmeriFirst Home Mortgage explains how to navigate the different financing options that are out there and some unique features when it comes to HUD homes. A HUD home is a property that had an FHA mortgage on it and was foreclosed on, and FHS takes these properties and puts them back on the market and they offer some special financing options for them. You can find a list of HUD homes in your area by going to www.hudhomestore.com Pick your state and zip code of an area you are looking to move to. Links mentioned in the video: http://www.hudhomestore.com/Home/Index.aspx Rural Development eligibility: http://afhm.tv/IsItRural FHA 203k playlist: http://www.youtube.com/playlist?list=PL-Kymj9_eq4Q6NPHDdih2FPaiqlpPCzk1 Appraiser Nail You with Repairs? http://cdn2.hubspot.net/hub/27489/file-31889941-pdf/docs/Appraiser-Nail-You-With-Repairs.pdf Possible Appraisal Repair Items: http://cdn2.hubspot.net/hub/27489/file-31889946-pdf/docs/Possible-Appraisal-Repair-Items-Courtesy-AmeriFirst-Home-Mortgage.pdf Understanding Financing Options with AmeriFirst Home Mortgage: http://cdn2.hubspot.net/hub/27489/file-31889966-pdf/docs/Understanding-Financing-Options-with-AmeriFirst-on-HUD-Homes.pdf AmeriFirst Home Mortgage 616 W. Centre Ave. Portage, MI 49024 AmeriFirst Home Mortgage is a home buyers resource center and community mortgage banker. We focus on educating homeowners and home buyers in the details of the housing market and more. AmeriFirst Home Mortgage is a division of AmeriFirst Financial NMLS ID 110139 | Equal Housing Lender
How To Buy A House At an ONLINE Foreclosure Auction
www.zrealestate.net - in this video we talk about foreclosures, and how, specifically to purchase them via online auction. It would seem as though gone are the days when people waited and waited at the courthouse steps in order to purchase an REO, or a bank repo. Now while this DOES STILL OCCUR, many institutional sellers like banks and lenders have opted for ONLINE auction platforms instead due to capacity of these websites to handle the volume of bidders. This video discusses how to buy a house at an online foreclosure auction. There are MANY different websites in which one can purchase an REO at an online auction, and unlike other public listing syndication websites, the information is generally NOT syndicated aside from being on the MLS in most cases. What are the websites, and what does this mean? Well in a nutshell it means that while the information including address, and the fact that the property is "for sale" may be available on virtually ALL public listing syndication websites, generally when it comes to actually buying one at an online auction, this can ONLY be done at ONE specific website. For this reason it's important to check ALL of them. As mentioned previously, there are MANY different sites, and typically lenders will exclusively use ONE. Why? In some cases it's because they own that auction site, but in most cases it's for convenience. Some of the websites discussed in this video include but are not limited to www.xome.com, www.auction.com, www.hudsonmarshall.com, etc.. For a complete and/or more comprehensive list, please contact me. Also discussed in this video is how the process works, whether there is a reserve, what an absolute auction means, and whether or not the high bidder will get the property.
Views: 4903 Z Real Estate
Check out this great explainer video that goes through the details when you are considering buying properties at foreclosure auctions. There are a lot of things you may not realize you need to know, this video exposes them all!
Views: 17857 Michael Kevorkian
3 Things you need to know about Pre-Foreclosure properties!!!
This video will help you understand Pre-Foreclosure properties. SUBSCRIBE to my channel for the latest videos: http://bit.ly/2des1mU -------- GET TO KNOW ME Facebook: https://www.facebook.com/kashwaynenyc Twitter: https://twitter.com/kashwayneglobal Instagram: http://instagram.com/kashwaynecampbell Google+:https://plus.google.com/u/0/+Kashwayn... Snapchat: Kashwaynecampbell -------- CHECK OUT MY BLOG https://www.Kashwaynecampbell.com -------- CONTACT ME Kash-Wayne Campbell Licensed Real Estate Sales Person Fave Reality.Inc Cell: 646-450-5274 Off: 516-519-8049 Fax: 516-519-8020 https://www.kashwaynecampbell.com https://www.FaveReaity.com
Views: 14784 Kashwayne Campbell
How to buy a house at the IRS foreclosure Auction Part 1
Come inside as we bid on houses at an IRS foreclosure Auction. The US Treasury has something called "Redemption rights". That's where they can literally come in and buy the house from the bank after the bank forecloses on the house. I'll explain how all that works. But these auctions are a lot more professional, friendly and pleasant than a typical foreclosure auction at the courthouse steps.
Views: 2170 kris haskins
How to Buy Bank Owned Real Estate
How to Buy Bank Owned Real Estate - http://realestatecoachingandmentoring.com/real-estate-investing-coaching-tips-bank-reo As a word of caution, I do not necessarily believe that bank owned real estate, or REOs, are the best way to buy properties. After all, REOs are listed on the MLS, which means that they are being sold at retail prices and there is a great deal of competition, which drives up the price. Again, if you want to make money as an investor, you BUY at wholesale prices and SELL at retail. So searching the MLS for REOs doesn't fit this strategy. That being said, you may still find a few good deals, but you need to look for ugly houses that require repair. How do you buy bank owned real estate? Watch the video to find out my real estate investing coaching tips on REOs. Want more coaching advice? Check out http://REIMaverick.com/more-info Real Estate Investing Coaching Tips Real estate owned properties Bank owned real estate Real Estate Investing http://youtu.be/obxauj8Ff5U
Views: 43276 Phill Grove
How to Buy a Deed from Pre Foreclosure
A lot of Wholesalers and Investors are throwing away there Pre Foreclosure Leads or trying to do a short sale. I can show you how to make more money with the leads vs doing a short sale or vs giving your lead for free. Learn How I Buy Houses from Pre Foreclosure Homeowners for as little as $100.
Views: 5519 JoinBuyersList
How to invest in foreclosed properties in the Philippines with Jay Castillo | Digital Solopreneur
"How to Buy Foreclosed Property" The most comprehensive training program in foreclosure property investing in the Philippines is available until Sept 2, 2016. Click here to join http://www.digitalsolopreneur.com/jay Get Php2,200 off when you use coupon code - allan Jay Castillo is the founder of ForeclosurePhilippines.com. In this interview, we'll talk about: 0:51 The opportunities in investing in foreclosed properties 4:10 How Jay went from IT manger into a full-time real estate investor 9:36 3 Ways to Earn from Foreclosed Properties (#3 doesn’t even require any cash out) 18:16 Things you should know BEFORE investing in foreclosed properties 21:50 The WORST answer when determining how much rent you can expect from a property 22:14 Pre-selling: How do you determine the potential rental income upon completion? 23:50 What do you look for when inspecting a property? 28:05 The #1 red flag when it comes to home safety 29:50 Hidden cost? What are the other costs you should consider before buying. 32:23 The one person you can bring to help you estimate the renovation cost (Hint: it's free) 35:50 Who do you need to work with to complete an property purchase 41:18 How do you sell your property? 41:48 The smart place to get an appraiser (Hint: It will save you a lot of time & money) 44: 07 Where can you market your property online? 47:21 How to get mentorship for the long-run
Views: 33548 Digital Solopreneur
Using FHA Financing to Buy Foreclosures
Brett Keppler, Real Estate Broker for TREO, Realtors in Cincinnati, OH, explains the best strategy for negotiating with banks to purchase a foreclosure using FHA financing.
Views: 2750 Team TREO
How To Buy A House At Auction – good research = great deals
http://www.workwithgerry.com - How To Buy A House At Auction Good research = great deals. How to buy a house at auction includes some due diligence…do this well and you could end up with a great house and a great price. 1. Is the house vacant … if not, will you get vacant occupancy 2. Have an inspection done if possible … but at least drive by, have as good a look as possible. 3. Go to country websites or offices directly to search for any outstanding liens or restrictions – bank liens, county liens, taxes outstanding, utilities, builders’ liens, IRS liens…. 4. If you’re unfamiliar with the area, research it, go there, call a realtor 5. Get a Comparative Market Analysis – know the value ahead of time 6. There are different responsibilities and liabilities than buying a house the traditional way – find out what they are. 7. Attend an auction as a spectator ahead of time to see how it works in that area – they’re all a little different. 8.Set your maximum price , it’s easy to get caught up in the emotion. Understand that it’s the auction houses’ job to get the most money for the property as they can….remember that when the bidding starts. I’ve bought several houses at auctions, some online and some in person. It’s a great way to do it. I rely on my online business for income and to help me get more money to buy houses… If you’re looking for a different way to make more money … click the link http://www.workwithgerry.com and have a look at what I do. It might be just what you’re looking for! https://www.youtube.com/watch?v=s4j_TbV6Qec
Views: 70092 Gerry Mendria
Buying Bank-owned / Foreclosure Properties (REO) in Massachusetts
Exclusive buyer agent David Kres of Buyers Brokers Only, LLC [ http://www.BuyersBrokersOnly.com ] discusses how buying a bank-owned / foreclosure (REO) property in Massachusetts differs from a traditional home sale. Dave is experienced in helping home buyers and real estate investors find, negotiate and purchase foreclosed homes in Massachusetts and New Hampshire.
What Type Of Financing Do I Need To Buy A Foreclosure by Panama City's #1 Realtors Virga Realty
http://goo.gl/Xmiv26 This video describes what types of financing you need to be able to buy a foreclosure home. It explains that the financing is going to depend on the condition of the property. For example if the property is very clean and move in ready you could use government financing such as a VA loan, USDA loan or an FHA loan. If the property needs some repairs you could use a conventional style loan. If the property needs major repairs it is going to be a cash only purchase. We are Virga Realty and we are located in the Panama City area. We service the greater Panama City area. We are here to help rather you were buying or selling a home. On the buyer side we work with first time homebuyers all the way up to experience homebuyers. Please feel free to reach out to us if you have any questions or if you would just like to chat real estate. Thank you for watching our video!
How to Invest in Pre-foreclosures Part 1 of 2
Register for Part 2 OnTuesday July 26th at 8pm (CST) http://gowoa.me/i/rFXW DURING THIS FREE 2-PART TRAINING WEBINAR, YOU WILL LEARN: • I will show you how to Make a Fortune working with people in Pre-Foreclosure where you live. The ups, the downs and the mistakes most Investors will face. • I'll walk you through an actual deal, from finding it, how to speak with the owners, the paperwork required and the outcome. • I’ll show you how to use other people's money to acquire these deals, fix them up and re-sell them quickly for huge profits so you don’t have to use your own money. • You'll learn how to get started in the pre-foreclosure business that will not only change the lives of so many people, but it will change your bank account. Most investors in the business simply don’t have the ‘know how’ to put these deals together and miss the opportunity to help people in a desperate situation. Well, now’s your chance to learn how to get started. 30-Day Free Trial http://www.myreipro.com/
Views: 47673 Chris Goff
7 Things You Must Know Before Buying a HUD Home
1) What is a HUD home a. Owned by Department of Housing and Urban Development 2) Who can buy a HUD Home a. Anyone , First Time Home Buyers, Investors b. Must not work or be a vendor for HUD 3) How Long Does it take to Buy a HUD Home a. Process very similar to buying any other real estate purchase 4) Where can we find HUD homes for sale? a. www.HUDHomeStore.com b. HUD Homes are Pre-Inspected and you can view the inspection report online at HUDHomeStore.com c. www.HUDPemco.com 5) How Does a Buyer Purchase a HUD Home? i. Pre qualified to obtain a loan ii. Getting with a Broker who is trained & approved to sell HUD homes and who has a NAID number iii. Online bidding process iv. Offer Approval v. Written Documents and deposit submitted to HUD vi. Buyer Turns on Utilities to do Inspection vii. Appraiser conducts inspection viii. Attend the closing ix. You are a Homeowner!!!! 6) What Special Discounts and Loan Down Payment Programs? a. Good Neighbor Next Door i. Up to 50% Discounts on homes during a lottery period to certain professions: Teachers, First Responders in revitalization areas. b. HUD Offer Specials $100 Down Incentive c. Loan programs where you can buy a HUD Home for a little as $1000 down d. Loan programs where you can finance any needed repairs or upgrades into your loan 7) How can I find out more on How to buy a HUD Home? a. Download your free report b. www.HowtoBuyaColoradoHUDHome.com c. Call: 719 301-3440
Views: 25915 Barb Schlinker
Buying a Home on the Court House Steps
Ron Bell shares tips and strategies for buying a foreclosed home on the court house steps.
Views: 24506 Ron Bell
What is the Process of buying a foreclosure?
Eric Andrews explains the process of buying a foreclosed property in North Carolina. More information: http://www.ericandrewsrealtor.com/
The Flip Men give advice about buying foreclosures at auction
Mike Baird and Doug Clark are the stars of Spike TV's "Flip Men," which follows the pair as they purchase foreclosed homes at auction and fix them up -- hopefully to make a profit. The series, which was renewed for a second season, is shot in Salt Lake City. Baird and Clark talked with The Salt Lake Tribune about the Utah foreclosure market, as well as offer tips for those looking to enter the high-risk field.
Views: 21798 The Salt Lake Tribune
How to purchase vacant homes for $1.00 down and a 340 credit score [subject to financing]
http://houseflippingguide.com - how to purchase vacant homes for $1.00 down and a 340 credit score is an aspect of creative real estate finance that more people can use. Instead of focusing on the traditional financing aspects of buying real estate investors and non investors alike are buying real estate the creative way. Instead of focusing on the property, focus on the seller. HIghly Motivated sellers associate huge problems with real estate ownership. Many simply want the problem to go away. You can barter what you have for their property. Some properties have code violations, some have water damage, some are abandoned, some have been vandalized by a former tenant. Just think outside the box and talk to sellers and find motivation. The objective is to get the property subject to the existing financing. The Real Estate Investors Guide http://houseflippingguide.com/the-real-estate-investors-guide-to-investing-with-limited-resources/ ✔️Free Contracts for Real Estate Investors Click Here⬇️ https://bit.ly/2NdEQfm ✔️Wholesaling Real Estate for Beginners https://bit.ly/2MgNkFj ✔️Pay as little as $100 for a property! https://bit.ly/2GPTa9H Ready to Flip Your First House? http://houseflippingguide.com/freeguide Free Software http://houseflippingguide.com/free Join our Facebook Group: House Flipping Guide http://houseflippingguide.com/facebookgroup
Views: 37560 House Flipping Guide

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