Is it a good investment to buy a foreclosure house now?
By admin | August 29, 2008
I am a first time buyer. I heard that this is a perfect time to buy a house because the market is low and there are a lot of foreclosure houses which will cost much more in a few years. Is it a good idea to buy a house now, to rent it and to sell it in a few years?
generally speaking, the market has been coming down since summer 2005, but i don't think we've gotten even halfway through it yet, so there is a long way to go. there are still upwards of $500 Billion of adjustable rate mortgages due to reset in 2008, and perhaps even more in '09 and through '10. you then have to wait for the effects of the resets to work their way through to see if this will cause even more foreclosures, and, based on recent history, this is the likely scenario.
if you don't really feel that you absolutely need to buy a house, i'd sit on the sidelines now and continue to rent and save your money. you could buy a house now and rent it out, but if the house value is still going down, you won't make any money at all. i'd say that 2010 is the earliest you should start looking to buy, unless you know that you just can't lose on the deal. in the meantime i'd keep track of monthly foreclosure stats and see which way the trend is going. eventually it should level off and decrease, but i think it'll be a long while until we get there. then it'll be the time to buy.
Topics: How to Buy a Foreclosure | 2 Comments »
Real Estate News 67 Implod O Meter, Foreclosure Fallout, Buy
By admin | August 19, 2008
www.ReNewsYouCanUse.com Implode O Meter, A cool website about the mortgage market. The Foreclosure fallout, and How to buy foreclosures and more!
Duration : 0:10:16
Topics: How to Buy a Foreclosure | No Comments »
Free Foreclosure ebook on how to buy Foreclosures and tax liens
By admin | August 19, 2008
http://secretsoftaxlieninvesting.com/ How to buy Foreclosures includes Free Foreclosure ebook and Free Foreclosure lists. Learn about a New Foreclosure Opportunity that didn’t exist just 5 years ago.
Duration : 0:5:40
Topics: How to Buy a Foreclosure | No Comments »
How You Can Still Buy Foreclosed Properties…
By admin | August 18, 2008
Discover how you can continue to make a lot of money investing in real estate despite the stumbling market – and no, we’re not talking about rental properties. Wealth Building Strategist and Insiders Group president Heru Nekhet reveals more of his Insider Secrets to Financial Freedom just for you!
Duration : 0:4:52
Topics: How to Buy a Foreclosure | 1 Comment »
How To Buy US Bank Foreclosures For Canadians
By admin | August 18, 2008
Discover how to buy bank-owned properties for a fraction of their value! How to know which foreclosures are DANGEROUS to buy, great investments, or KILLER DEALS that can make you rich in a matter of weeks!
To learn more, visit: www.USForeclosuresForSale.com
Duration : 0:1:15
Topics: How to Buy a Foreclosure | No Comments »
How can I buy a property that has been foreclosed on?
By admin | August 17, 2008
Real estate tips from Derek Ebrecht of GREEN LIGHT REALTY. Information is provided by “It’s Time to Move Up”, the real estate resource for consumers who want their questions answers in ways they can understand. Derek specializes in foreclosure homes and foreclosure homes only. For more information please visit www.greenlight-realty.com or www.itstimetomoveup.tv.
Duration : 0:3:11
Topics: How to Buy a Foreclosure | 1 Comment »
Buy Las Vegas REO/Foreclosed Homes
By admin | August 16, 2008
Now you can purchase REO/Foreclosure Homes in Las Vegas for 50 cents on the dollar. Great for vacationers, second home buyers, investors and owner-occupied.
Duration : 0:4:4
Topics: How to Buy a Foreclosure | No Comments »
Buy pre-foreclosures dircely from the owner(s)
By admin | August 16, 2008
we go out and knock on those doors of opportunity for you.we have the experience and knewledge of working out pre-foreclosures and presenting these deal to our investors and first time buyers we make it easy for you were that you do not have do anything. you can go to are website www.befservicesllc.com and read more about us.once you become a member we will build a realestate profile on you based on your information.
Duration : 0:0:59
Topics: How to Buy a Foreclosure | No Comments »
Buy Bank Foreclosures
By admin | August 15, 2008
This is the only phone number you’ll need to Buy Bank Foreclosures.
The only phone number to make money and make yourself rich
Duration : 0:0:30
Topics: How to Buy a Foreclosure | No Comments »
foreclosures: how to buy bank homes for sale and tax homes
By admin | August 15, 2008
http://2ndHomeProfits Make 30% more with tax homes, bank homes for sale, all phases of foreclosures. How to buy and sell for big profits.
Duration : 0:5:57
Topics: How to Buy a Foreclosure | No Comments »
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