What happens when one of your houses goes in foreclosure?
jt1668 asked: My uncle has 4 houses. He lives in 1 and 3 others are investment properties. If 1 goes into foreclosure (investment property), what about the other 3? Does foreclosure court go after the other 3?
How can I get rid of timeshare property fast? Is the foreclosure damage the same as on a house?
Mikey4u asked: I’m in danger of going into foreclosure on some timeshare property in Florida. Will the credit damage be just as bad as losing a house?
What is the process in buying a foreclosure, or distressed property in California?
Om… asked: Also can you help me understand what a tax lien property is and it’s buying process and foreclosure’s buying process, which is better?Content
How do I purchase a foreclosure home that is owned by the bank?
SAM asked: I have found several home in foreclosure that the property is owned by the bank what is the next step? How do I find the MLS numbers and addresses? How do I find out if the price listed is the selling price? How to bid on the property?Create a video blog
I am looking to buy a foreclosure. Where can I get a good report on the property?
Wulverene asked: I have been checking out some of the foreclosure websites to find a property. However, they give me limited information on the actual property. Where can I get a more detailed report?Content
Where to Find Profitable Pre-foreclosure and Foreclosure Properties
Robert Lam asked: Locating high potential pre-foreclosure and foreclosure property investments is a crucial part of the business of pre-foreclosure and foreclosure investing. Especially when it comes to pre-foreclosures, a lot rests on your ability to find promising properties as soon as possible… and before any or many other property investors! Unless you hire someone [...]
Florida’s Anti-investor Legislation, Stature 501.1377 and the Foreclosure-rescue Consultant
Dave Dinkel asked: On May 28, 2008, Governor Crist of Florida signed into law Statute 501.1377 (HB 643/SB 992) or so called Anti-Fraud Legislation. The real estate investing community has labeled the new legislation as anti-investor, despite the statute formally being called “Foreclosure-rescue Transactions”. The legislation targets certain types of foreclosure-related transactions including any action [...]
What is the Advantage to Investing in Foreclosure Houses?
Bob Smith asked: Foreclosure HousesForeclosure houses present an opportunity of a lifetime. Foreclosure houses are due to loans that have been defaulted by the current homeowner. Since the homeowner has not been making their payments, the lender has evicted them and taken possession of the property. Lenders hate to do this, their business is to [...]