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6 Things to Watch for in Foreclosed Properties

By: Elite Legacy Education, March 9, 2017

6 Things to Watch for in Foreclosed PropertiesThe key to foreclosure investing is to know what you’re getting into from the start. Everyone has their personal preference in terms of how much work they want to do. At least if you know about certain issues with the property you can decide whether to walk away or simply price it into...

The Basics of Foreclosure Investing in the USA

By: Elite Legacy Education, January 31, 2017

The Basics of Foreclosure Investing in the USA What is foreclosure investing?Foreclosure occurs when a homeowner is no longer able to meet their mortgage payments and must default. At this point, the house becomes foreclosed and is eventually put back on the market by the bank. Essentially, the bank must now sell the property to minimize any losses associated with the...

How Do I Work with Banks to Purchase Foreclosed Properties?

By: Elite Legacy Education, October 3, 2016

How Do I Work with Banks to Purchase Foreclosed Properties?  After tireless searching, you have finally found a foreclosed property through a bank that you are interested in purchasing. Not so fast! Depending on the property that is being bought, you are better off making certain requests and taking specific actions to ensure that you walk out of the deal in...

How Do I Find Foreclosed Properties?

By: Elite Legacy Education, September 14, 2016

How Do I Find Foreclosed Properties? One of the types of properties that are frequently scouted in the real estate market are those that become foreclosed. To put it simply, a foreclosure can be defined as a process where a lender puts up a property for auction due to an outstanding reason through which an owner cannot pay off the debt...

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