WANT TO PURCHASE
MINERALS AND OTHER
Send details to:
P.O. Box 13557
Denver, CO 80201
Current Issue of 05/26/2019
THE CANNABIS INVESTORS GROUP. FREE 44 PAGE OPPORTUNITY BOOKLET.
THE CANNABIS INVESTORS GROUP HELPS OUR MEMBERS TO IDENTIFY THE NEXT CRYPTOCURRENCY COINS THAT GROW AS BIG AS BITCOIN. FOR OUR FREE 44 PAGE OPPORTUNITY BOOKLET:1-800-311-9882 USE INVITATION CODE 586092
INFORMATION. Should I go into Nursing? Would it make a great career? Send 4 First Class Stamps. Receive Reports on Nursing, Saving on Orlando Vacation and Building Your Credit.
HAROLD BOSI #RA
PO BOX 35-188
ELMWOOD PARK, IL 60707
WHY ARE THESE PEOPLE DANCING?
They just read "Basic Guide to Getting Rich". Order Your Copy today and learn the secrets of the rich and famous. Send $10.00 to:
P.O. BOX 303
RANDALLSTOWN, MD 21133
EARN $1,000 A DAY
NEW and RESPONSIVE PROGRAM. Low Cost!
INNOVATIVE, GREATEST INCOME EVER.
Send Two Dollars for Info, shipping and handling to:
PO Box 311096
Jamaica, NY 11431
EARN BIG MONEY
Mailing our Full-Color
Referred by #2243
MAKE $600 A WEEK MAILING MY SPECIAL POSTCARD!
SUCCESS * HEALTH * HAPPINESS
A Compilation of Selected Writings
by Allen Flood
E-BOOK NOW AVAILABLE FOR PURCHASE!
FOR A COPY PLEASE VISIT
Refer-Me Commission Resource
FULL PAGE ADVERTISERS
._0-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
0-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
Refer-Me Commission Resource COVER Page
YOU Can Advertise
In This Magazine
Foreclosure Investing - The Pros And Cons Of Investing In Foreclosures
Investing in foreclosures is no doubt one of the best opportunities to make money in today's economy. As with any type of business venture, there are risks involved. Investing in foreclosed properties offers great opportunity to buy homes significantly under market, but there are some risks such as considerable research, under lying lien problems, long-term carrying costs and several others. If you are willing to take the chance on a property or two you may prosper in the end.
Foreclosed homes can be purchased at several stages. First is the pre-foreclosure phase, then the auction phase and finally the REO phase each of these presents their own set of pros and cons. Familiarize yourself with each of these different types of foreclosures, weigh the pros and cons for each, you may be able to avoid a costly mistakes and headaches through the process of investing in home foreclosures.
Take a look at the possible pros and cons at the various stages of a foreclosure:
This is the stage where the homeowner is still in control of the property. Although the loan is in default and the pressure from the lenders is just beginning. The homeowner is usually in a position to sell the property quickly and avoid the foreclosure process all together. This means hue savings and large potential profits for you.
20-40% discounts on the estimate value
Low or no down payment, due to the built in equity
Research and inspection opportunities
Sales agreements that are flexible
Home owner may not be reachable
Fierce competition, many investors are trying to buy these type foreclosures
Time to research documents and court filings
Undisclosed or underlying liens against the property
Possibly the most profitable stage of a foreclosure. Auctioned properties usually offer the best potential profit when buying foreclosures. An auctioned property is sold during a public auction to the highest bidder. If you have done you, research these types of properties are sometimes sold way under market value.
Greater discounts can be as high as 35-50%
Great ROI, return on investment
Greater potential profit
Property inspection is generally not available
Postponed auctions mean valuable time lost and research wasted
Large down payments that must be paid at the time of auction
Incomplete research can cost you a lot of money
You may not win the auction at all
An REO occurs when the lender retains the property after the auction phase. If the bids are not high, enough during the auto the lender will bid on the property to seize control and resell it themselves. In most case, the property has no value to the lender until the house sells; in this case, the lender is usually motivated to sell the property fast.
Discounts of 5-18%
Clear title, free of all liens
Back taxes are up to date
Lenders may do the repairs, or offer additional discounts
Low ROI, return on investment
Research must be very through
Potential for loss in the end
When investing in real estate, especially in foreclosures there is great risk involved. While the potential to make a substantial profit in foreclosures you need to make sure that, you do your research and fully understand what your risks are. Properties that offer the greatest profit potential are often times the risky investments.