ByCordell C Harris ‘One man’s pain is another man’s gain’ would be the suitable explanation of a foreclosed property. A foreclosure is the legal step taken by a lender to reclaim the property he sold to the borrower. The mortgagee which is also the lender will have rights over the sold property as soon as [...]
ByKarim El Sheikh Foreclosure investing can be a canny way for you to buy property and make a tidy profit when reselling. It is also a great way to buy a home under market value. But keep in mind that although the property and home may be foreclosed, there may be external structures that are [...]
ByKarim El Sheikh Many people will tell you that the market is ripe with investment opportunities. On one hand, many will point to foreclosures as the proverbial cash cow. On the other, Real Estate-Owned (REO) property is the preference. While both are good investments, it is better to look at the facts and prepare yourself [...]