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wlkleo00jah
Wysłany: Sob 17:31, 17 Sie 2013
Temat postu: barbour Properties Foreclosed- Foreclosures And Qu
By:
Julian Lee is an active real estate investor and internet marketer in South Florida who use the power of the internet to close more deals. If you would like to find out how to get investment deals on , , and please visit our website.
If you are similar to what I was, you will be asking, 'What is a foreclosed house?'.
And that is
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Well lets rip back the veil of confusion and begin our journey on property investing! So first it is concerning real estate and can be used as a real estate investing tool, but first.......
A foreclosed property is when a poor soul can no more meet the loan commissions on the principal or interest of the housing loan. Most lenders are quite understanding in this situation but in the end they have a responsibility to shareholders and must 'foreclose' on the state of affairs if it can not be resolved. This means the lender (i.e the bank, ordinarily ) takes over the property with the objective of liquidating (i.e sell) the situation
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as quickly as possible, normally at a discounted price.
The thing you must keep in mind, as with any investment to be
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someone else's difficulty. Banks typically are not property gurus and just wish to relieve of a bad debt as quickly as possible. And are quite appreciative of your assistance.
Property foreclosure is an ultimate resort effort by the banks (and certainly the owner). If you know of a persons personal plight prior to it approaching to the foreclosure stage then you can also be of a help by offering to be an agent using a plan known as property options. Which again
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One more idea- most forcefully priced houses receive multiple offers
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within the first 24 to 48 hours they are on the market. This is owing to 2 factors and they are connected to each other.
First there are more buyers in cheap florida home market now and we consider this is because of the substantially lower prices. Mere supply vs. demand suggests
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us when the demand overcomes the supply (in this situation of prime foreclosures/quick sales at attractive prices) then prices will increase. 21 customers this year were made offers on bank homes florida houses that were multiple offer situations where they eventually finished not being the winning party. This has included as few as one other competing offer up to nearly 15 offers on one single property! The vast majority of these finished up selling for more than the listing price. However this doesn't inevitably mean there is a revival and prices are increasing, it is a good indicator
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for investors properties
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. When sales quantity and the number
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