Author's articles

Taking Advantage of Government Tax Foreclosures

By Joseph B. Smith · 13 years ago

One of the most common things about properties under government tax foreclosures is that such buildings usually have a high cost of maintenance. They may be large buildings in high brow areas of towns and ...

Crucial Foreclosure Short Sales Facts You Must Know

By Joseph B. Smith · 13 years ago

One of the most important things in foreclosure short sales that the borrower ought to know is that the decision to carry out a short sale on a property must be as a result of ...

Flipping Bank REO Houses

By Joseph B. Smith · 13 years ago

House flipping is one of the most profitable ventures in real estate foreclosure investing. To house flip means buying cheap bank REO houses, repairing them a little and re-selling them for a substantial profit. However, ...

What Is the Best Way to Find Bank Foreclosed Houses to Buy?

By Joseph B. Smith · 13 years ago

Bank foreclosed houses are everywhere. With hundreds of homeowners defaulting on their mortgage, more and more bank foreclosures are placed on the market for sale. And almost all of them are priced below their current ...

Necessary Steps in Inspecting Fixer Upper Homes

By Joseph B. Smith · 13 years ago

Buying fixer upper homes means a lower purchase price compared with other types of dwellings, but higher budget for repairs and renovations. The trick for homebuyers is to determine whether the combined amount of the ...

Advantages of Living in a Bank Owned Condominium

By Joseph B. Smith · 13 years ago

A bank owned condominium is an ideal place to live in, especially for young professionals, single people and small families. Escalating foreclosure rates have created certain wariness in people in terms of buying residential properties, ...

Steps in Buying HUD Homes for Sale

By Joseph B. Smith · 13 years ago

The U.S. Department of Housing and Urban Development (HUD) has a wide array of foreclosure HUD homes for sale. They are offered to buyers who have the intent of using the dwelling as their primary ...

What You Should Remember When Buying Houses For Sale

By Joseph B. Smith · 13 years ago

With so many foreclosures available at bargain prices, it could be an overwhelming task for buyers to find the right property for them. The good news is that you can use certain parameters to make ...

Closing The Deal On Bank Houses For Sale

By Joseph B. Smith · 13 years ago

Bank houses for sale are known to be safe properties to deal with when investing in foreclosures. Many buyers like the fact that they can get clean, good titles for these properties since the bank ...

Are Freddie Mac Foreclosures Good Deals?

By Joseph B. Smith · 13 years ago

Buying Freddie Mac foreclosures might be a better deal than purchasing foreclosed properties from banks or lenders. However, the success of the deal would still depend on whether the property suits the buyer's needs and ...

Is It Wise to Invest in Distressed Commercial Properties?

By Joseph B. Smith · 13 years ago

The number of distressed commercial properties in the U.S. has risen in the past two years or so. With the huge amount of these properties available, investors will have no problem finding commercial structures that ...

VA Foreclosure Listings – Where To Find The Best Deals

By Joseph B. Smith · 13 years ago

VA foreclosures refer to properties whose mortgage is backed by VA-insured loans. When a homeowner defaults on his VA-insured loan, VA will reimburse his lender and the lender will turn over the property to VA. ...

The Benefits of Tax Lien Foreclosures Investing

By Joseph B. Smith · 13 years ago

Tax lien foreclosures refer to properties which have been foreclosed by government agencies due to unpaid taxes. When a homeowner fails to pay his property taxes, income taxes or any other taxes that may have ...

Seize Financial Opportunities With Apartment Foreclosures

By Joseph B. Smith · 13 years ago

When commercial real estate values decrease and financing rates increase, many apartment owners find themselves unable to keep up with their loans. This creates the situation where their lender has to institute a foreclosure proceeding ...

Preparing for Repossessed Houses for Sale Purchase

By Joseph B. Smith · 13 years ago

A big number of repossessed houses for sale are available in the market. For buyers looking for this type of property, availability and choices will not be a problem. If the buyer conducts a thorough ...

Foreclosure Real Estate: What Unsuspecting Buyers Should Know

By Joseph B. Smith · 13 years ago

Homebuyers might be attracted to the idea of purchasing foreclosure real estate because of the perceived low costs. However, the actual cost of the house itself is not the only financial obligation that a buyer ...

How To Use Listings of Foreclosed Homes To Your Advantage

By Joseph B. Smith · 13 years ago

Listings of foreclosed homes are highly valuable to every real estate investor. The success of an investment largely depends on the quality of foreclosed property that one is able to get, which, in turn, depends ...

Identifying Common Bank Owned Auctions Pitfalls

By Joseph B. Smith · 13 years ago

Houses that are sold through bank owned auctions can provide an investor or a regular homebuyer with a good deal; that is, if they knew what they are doing and are aware of the possible ...

Should Buyers Get Their Homes From Distressed Property Listings?

By Joseph B. Smith · 13 years ago

Pre foreclosures or homes under distressed property listings are those residences that are being sold prior to the actual process of getting foreclosed. Typically, owners of distressed properties are at least three months delayed in ...

Buying a Foreclosed Home: Aspects Often Ignored by Buyers

By Joseph B. Smith · 13 years ago

When buying a foreclosed home, the cost of the property and the condition of the neighborhood are often the main focal points for a buyer. Looking at these factors would be wise, but it would ...