Tuesday, July 27, 2010

Buying a Foreclosed Home

Buying a Foreclosed Home

With the mortgage crisis in full swing, homes are going into foreclosure left and right all across the country. In 2005 there were 850,000 foreclosures, with the number of foreclosures increasing every quarter.

All these foreclosed properties offer you a great investment opportunity. You can scout and buy homes in foreclosure, then keep them as rental properties and collect monthly checks from tenants. Or you can purchase foreclosed properties and flip them, renovating and selling the homes for a profit. The time has never been better to use the real estate market to your advantage

If you are thinking about taking advantage of the record number of foreclosures, please give RedSign.com a call. We can answer questions regarding:

-Finding properties to buy
-Borrowing money to fund your purchase
-Determining your costs
-Buying pre-foreclosures and buying at auction
-Buying through a bank or the government
-Tax and legal issues
-Bankruptcy
-Dealing with the property's former owner

And everything else from A to Z. For a free emailed list of foreclosures in your neighborhood Call Me TODAY!

All "Betts" on Brian! The Only Realtor You Want!

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