In: Finance 20Jun2009 by Andre J. KeatonWhen you are considering how best to find a good deal in the housing market, or if you’re considering purchasing your own first home, foreclosure homes might be the best option, especially if you have limited funds.While foreclosures are devastating to some, there are those who benefit greatly from such financial situations. Buying foreclosure homes have already proven to be a great way to earn quite a bit of money for many foreclosure investors.These f
Content Keyword RSS Main Content Buying Homes, Finance, Financial Situations, Foreclosure Homes, Foreclosures, Home Foreclosure, Housing Market, Investors, Limited Funds, Money
Back when the housing bubble was still a theoretical argument, I was making the case that many California aspiring real estate moguls were buying properties out of state with the intention of flipping. I would look at some of their worksheets and they paid no attention to the cost of financing or expenses since they figured that they could sell their home in one or two years. This was so common that it became a joke and I started calling these investors California Equity Giants. Many of the
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Finding well priced prime properties becomes a challenge as buyers pick up the pace of acquisitions. The last few months, but especially the last 4-6 weeks, have been quite busy. Buyers and investors have been out in full force buying properties at a faster rate then they are replenished, especially those in the lower priced bracket where the interest is highest. The inventory was reduced by 9,300 for residential properties. This is the 8th highest month of sales, just 10% lower then the
Content Keyword RSS Main Content Acquisitions, Buying Properties, Full Force, Good Real Estate, Interest Inventory, Investors, Pace, Prime Properties, Residential Properties