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Articles from Joseph B. Smith | Selfgrowth.com
- A Look at Bank Owned Properties - by Submitted on Mar 11, 2011 from Joseph B. SmithLately, bank owned properties have become very popular among investors since the homes that are being sold at public auctions are on negative equity, meaning their worth has been overtaken by the outstanding debt owed to the bank. The opening bid for these homes are typically pegged on the ...
Views: 542 - Maximizing the List of Distressed Properties - by Submitted on Mar 08, 2011 from Joseph B. SmithA list of distressed properties is a viable tool in finding stellar homes at very affordable prices. A list is especially important if it is your first time to invest in a big ticket item, such as real estate. Research has revealed that a huge chunk of distressed property buyers are doing it for ...
Views: 515 - Qualities of Foreclosure House Auctions for Sale - by Submitted on Jun 07, 2012 from Joseph B. SmithIf you have misgivings about foreclosure house auctions for sale, it could be that you do not know all there is to know about this type of property. While there may be a handful of horror stories related to foreclosure auctions, these are more of the exception than the rule. There are thousands ...
Views: 486 - Foreclosed Home Listing - Helping You Secure Your Future - by Submitted on Mar 01, 2011 from Joseph B. SmithIn any business venture, having knowledge of what you are getting into is very important. It would be very unwise to get into a business or invest in anything that you have no knowledge about. Just because you know many people have purchased foreclosure properties and make a fortune out of them, ...
Views: 508 - Foreclosures for Sale and Their Potentials - by Submitted on Jun 07, 2012 from Joseph B. SmithThe increasing number of people earning huge profits in foreclosure investing has made foreclosure homes the most lucrative pieces of investments. If you still do not know the profit potential that foreclosures for sale bring, then it is time that you familiarize yourself with the market. Why ...
Views: 501 - Foreclosure Homes: Guidelines for Borrowers - by Submitted on Feb 27, 2011 from Joseph B. SmithThere are many reasons why the number of foreclosure homes keeps on rising every day. The owners may have lost their jobs, there is death in the family, illness or other reasons that may forced the owners to stop paying their mortgages. If you are one of the borrowers who defaulted on their ...
Views: 541 - Foreclosure Home - What to Consider Before Approaching a Seller - by Submitted on Feb 27, 2011 from Joseph B. SmithIf you want a good real estate deal, then consider purchasing a foreclosure home. But before you rush out of the door to find a foreclosure property to buy, there are some things that you should consider to make sure that you are doing the purchasing process right. And it would be best if you ...
Views: 495 - Foreclosed Houses Lists - If You Want the Best Property Deals - by Submitted on Feb 27, 2011 from Joseph B. SmithYou want nothing but the best that your money can buy. Be it the foods that you eat every day to clothes or even services that you have paid for. This is more true with buying a real estate property. You want to buy a house that will give you great value for your money. But unlike other ...
Views: 477 - Foreclosed Homes for Sale - Where to Go - by Submitted on Feb 27, 2011 from Joseph B. SmithWhen owners of houses defaulted on their monthly mortgage payments, lenders will have no choice but to foreclose on their properties unless these homeowners find ways to pay their dues during a grace period provided to them. However, for various mitigating reasons, many homeowners are losing ...
Views: 642 - Foreclosed Houses: Are They For You? - by Submitted on Feb 27, 2011 from Joseph B. SmithYou see foreclosed houses everywhere - in the corner or your street, two blocks away from where you live or in the next neighborhood. You know that foreclosure properties are the best-sellers in the real estate market. But are they for you? Are they the best places to put your hard-earned ...
Views: 527 - Bank Foreclosure Listings - Finding the Best - by Submitted on Feb 27, 2011 from Joseph B. SmithAny real estate experts or successful investors will tell you how important it is to have a tool that can provide you information to help facilitate easy and quick finding of foreclosure properties. With bank foreclosure listings, you save time and money, which is important for you to become a ...
Views: 503 - Foreclosure Houses: How to Not Get There - by Submitted on Feb 27, 2011 from Joseph B. SmithForeclosure houses are the result of a long process usually taking months or even years before it can be fully completed. This process evokes every bit of human emotion, from confusion on how one declined financially to anger at your lender for commencing the process without hearing you out ...
Views: 556 - Lists Of Home Foreclosures For Sale : Inspecting Homes - by Submitted on Feb 22, 2011 from Joseph B. SmithInspecting homes for physical defects and damages is important if you plan to buy from the lists of home foreclosures for sale. This will allow you to post a reasonable offer for the property a seller would find hard to reject. What and how to inspect distressed homes: Before purchasing a ...
Views: 550 - How To Choose A Foreclosed House For Sale - by Submitted on Jun 07, 2012 from Joseph B. SmithChoosing a foreclosed house for sale could be difficult for first time buyers because of the large number of such homes in the market today. These tips, however, will help them find the property that would best fit their requirements. The first thing to note when choosing a foreclosed home to ...
Views: 436 - Avoiding Complete Foreclosures - by Submitted on Feb 22, 2011 from Joseph B. SmithAvoiding complete foreclosures is important if you want to be saved from the headache of having to find a new home to live in. It will also keep your credit reputation within acceptable limits set by lenders, which would give you additional funding sources in case you would need to ...
Views: 552 - Are You Ready to Buy Bank Foreclosure Homes? - by Submitted on Feb 22, 2011 from Joseph B. SmithThe desire to buy bank foreclosure homes may have been growing in you for quite some time. This feeling may also be accompanied by the gnawing thought that maybe it is time to be free of the restrictions of renting and be more responsible in terms of homeownership. You check your salary versus ...
Views: 518 - When You Plan to Buy Foreclosure For Sale - by Submitted on Feb 22, 2011 from Joseph B. SmithAre you tempted to buy a foreclosure for sale? As a renter, you had been constricted to the rules and regulations of your landlord. You cannot paint, attach hooks on the walls and change your kitchen cabinets. Add to that the monthly expense for something that it is not really yours in the long ...
Views: 584 - When the Going Gets Tough, The Tough Use VA Home Listings - by Submitted on Feb 21, 2011 from Joseph B. SmithIn the old days, home buyers have to hook up with real estate agents in order to enjoy a large selection of VA repo homes for sale. But today, you only need to go online, search for VA home listings and you are on your way to becoming the owner of a real estate property for a very cheap ...
Views: 472 - REO Properties for Sale: Making An Offer - by Submitted on Feb 21, 2011 from Joseph B. SmithThe large inventory of REO properties for sale certainly makes it a buyer’s market. But even if you have the upper hand, you need to know that it can still be challenging. There are times when you need to exert an effort in order to make an offer the seller cannot refuse. What Sellers Are ...
Views: 827 - Improving Repossessed Homes for Sale - by Submitted on Feb 21, 2011 from Joseph B. SmithYou are probably one of the thousands who were able to buy repossessed homes for sale, taking advantage of the oversupply in houses that are available in the market. And you are probably wondering how on earth you will be able to improve the condition of your purchase, given that the property ...
Views: 580 - Why Buyers Go for Bank Owned Foreclosures - by Submitted on Feb 21, 2011 from Joseph B. SmithBuying bank owned foreclosures does require a lot of homework, guts and patience. It is also riddled with risks, especially in the aftermath of the robo-signing scandal perpetrated by some of America’s biggest banks. Plus, there are unseen liens and judgments if buyers are not too careful about ...
Views: 495 - The Future with Bank Foreclosures - by Submitted on Feb 15, 2011 from Joseph B. SmithBank foreclosures have happened left and right starting with the real estate bust that was brewing since the late 2006. Before that, the property market was riding high with home buyers taking on loans to buy properties with inflated prices. Eventually when interest rates started to climb and ...
Views: 644 - Quick Facts Before Buying Fixer Upper Homes For Sale - by Submitted on Feb 15, 2011 from Joseph B. SmithThose who are looking for bargain homes want to buy fixer upper homes for sale. They often think they can take on the Herculean task of renovating these to either turn in a profit or provide a home for their family. Some do it as a hobby, just like in the case of Victorian homes restorers and ...
Views: 899 - Keep Your Home From Pre-Foreclosure Properties Lists - by Submitted on Feb 15, 2011 from Joseph B. SmithPre-foreclosure propertiesare homes that are in danger of being repossessed by lenders and auctioned off to the public. This occurs when homeowners are unable to repay their mortgage obligations, taxes and other dues. To cover for their arrears, banks or the government will issue a notice of ...
Views: 591 - Affordable Distressed Properties For Sale Nationwide - by Submitted on Feb 15, 2011 from Joseph B. SmithDistressed properties for sale are homes that have been placed in the market by banks or the government to collect as much of what their owners owe from them. This could be unpaid mortgage payments, tax delinquencies and other financial obligations. Although they give ample time for the ...
Views: 1444 - Foreclosed VA Homes: Buyers' Guidelines - by Submitted on Feb 15, 2011 from Joseph B. SmithYou have been longing to buy foreclosed VA homes, but do not know how to start. All you know is that properties that have been foreclosed by the U.S. Department of Veterans Affairs are really cheap. That is why first-time homebuyers and investors have been always on the lookout for these ...
Views: 542 - Bank Foreclosure Homes - Investing Full-Time - by Submitted on Feb 15, 2011 from Joseph B. SmithBuying bank foreclosure homes is the only investment you will need in your life. The savings and profits you will get by buying, fixing, and re-selling bank owned properties will be enough to give you financial security and a comfortable life. In the ideal world, this is the way all ...
Views: 593 - Pre Foreclosed Homes: The Art of Buying - by Submitted on Feb 15, 2011 from Joseph B. SmithThe residential real estate market is heavily burdened by the numerous number of pre foreclosed homes, which increases daily. There seems to be no let up in the number of homes going into foreclosures. You can help alleviate the dismal situation in the housing market by buying pre foreclosed ...
Views: 647 - Government Foreclosures: The Cheapest Way to Gain Equity - by Submitted on Feb 15, 2011 from Joseph B. SmithThe most common type of government foreclosures are those that have been repossessed after their owners defaulted on their loan, which was backed by the government. Other kinds of government foreclosures include homes that have been seized in the course of criminal investigation or due to ...
Views: 556 - Flipping Houses is not for the Faint-Hearted - by Submitted on Feb 15, 2011 from Joseph B. SmithFlipping houses can be a very lucrative business if you know what you are doing. Some of the more successful home flippers have a background in real estate or construction. They know the business and can gauge when the market is ready for well turned out foreclosure homes. Most of the sellers ...
Views: 512 - Buying Bank Owned Homes - by Submitted on Feb 15, 2011 from Joseph B. SmithIf you are planning to purchase Los Angeles bank owned homes, you must know that there are several steps that you should not miss in order to secure your investment. Although buying bank owned homes are considered as the safest way to invest your money in foreclosures, you still need to know how ...
Views: 543 - Are HUD Homes Worth The Buy? - by Submitted on Feb 15, 2011 from Joseph B. SmithHUD homes are residential properties that have been foreclosed following defaults on their FHA-guaranteed mortgage loans. The term HUD actually refers to the Department of Housing and Urban Development (HUD) and is used to designate those properties which have been insured by the government ...
Views: 744 - Avoiding Bank Foreclosures: What You Can Do To Keep Your Home - by Submitted on Feb 15, 2011 from Joseph B. SmithWith the financial meltdown and economic crises that the country has experienced over the last few years, it is very easy to lose hope over the entire state of affairs of the country, especially if one has to contend the mounting financial troubles brought about by the crisis. Many homeowners ...
Views: 496 - Stop Foreclosures: Understanding Your Options - by Submitted on Feb 15, 2011 from Joseph B. SmithOne of the main concerns of troubled homeowners of Los Angeles HUD homes is to find ways to stop foreclosures. Many of them, who have been struggling to keep up with their payments, are anxious to know what they could do in order to keep their homes from being seized. The alternative is just too ...
Views: 510 - What to Do With Foreclosures Statistics: A Buyer's Guide - by Submitted on Feb 15, 2011 from Joseph B. SmithPeople who would like to know the right and most opportune time to strike in and invest in the Real Estate business, should know how to read and appreciate foreclosures statistics. These numbers can provide real updates on what is currently happening in the market as well as give the investor or ...
Views: 528 - Why You Should Consider Foreclosures For Sale - by Submitted on Feb 07, 2011 from Joseph B. SmithWhen lenders, homeowners and other sellers put up foreclosures for sale signs people looking for new homes should take notice. Not only can they choose from foreclosed homes across all major cities and states through foreclosure sales, they can also buy them at affordable prices. Year after ...
Views: 534 - Three Reminders Before Buying Repossessed Homes - by Submitted on Feb 07, 2011 from Joseph B. SmithPurchasing repossessed homes is an ideal way for start-up families, people on a tight budget and investors to own decent homes at cheap prices. Before purchasing one yourself here are some simple reminders to help you get the best deal in the market. If you are considering buying a ...
Views: 555 - Home Auctions - Treasure Trove of Opportunities - by Submitted on Feb 07, 2011 from Joseph B. SmithDo you know that you can double your money easily just by buying foreclosure properties at home auctions? Yes, you read it right. Cheap foreclosure properties are all you can find at auctions. This is the reason why many investors are flocking at auctions. For just a small amount, they can buy a ...
Views: 544 - Distressed Houses - Find Your Fortune in Them - by Submitted on Feb 07, 2011 from Joseph B. SmithThe number of distressed houses has grown significantly for the past few years. This has created a wealth of opportunities for homebuyers and real estate investors. And there seems to be no let up in the number of foreclosed properties that enter the real estate market daily. This means that it ...
Views: 502 - Bank Owned Foreclosures - The Secret to Smart Investment - by Submitted on Feb 07, 2011 from Joseph B. SmithIf you are looking for a way to get into the real estate market, then consider bank owned foreclosures. There are so many advantages of using bank owned properties to start your real estate business. Foremost of these advantages is the affordability of foreclosure properties which will require ...
Views: 536 - Foreclosed Properties for Profitable Investments - by Submitted on Feb 07, 2011 from Joseph B. SmithIf you are still searching for that proverbial pot of gold, then the long wait is over. Foreclosure investing is as good as finding that pot of gold. Whether you are a first-time homebuyer or a first-time real estate investor, the process of investing in foreclosed properties is so easy to ...
Views: 504 - Buying Foreclosure Houses? Follow These Great Tips! - by Submitted on Feb 07, 2011 from Joseph B. SmithIf you are highly interested in buying foreclosure houses but are still new to the entire foreclosure investing experience, the following things will help you get off the ground and start in the right direction. It is important that you begin your investing properly so that you can claim your ...
Views: 483 - Your Home Buying Checklist For Foreclosure Properties - by Submitted on Feb 07, 2011 from Joseph B. SmithContrary to old notions, cheap foreclosure properties are not necessarily rundown properties located in seedy neighborhoods. In fact, it is now easy to find foreclosures that are not only bargain pieces, but are also good in quality. This is due to the fact that the foreclosure crisis also ...
Views: 581 - Real Estate Foreclosures and the Art of Staging - by Submitted on Jun 07, 2012 from Joseph B. SmithHomeowners on the brink of losing their home to real estate foreclosures should understand the importance of home staging. Although you might have other things in mind, you will be surprised at what a bit of effort could do to improve the chances of your home getting bought before the bank ...
Views: 512 - Bank Foreclosure Homes: Tips For Successful Negotiation - by Submitted on Feb 07, 2011 from Joseph B. SmithIf you are particularly interested in bank foreclosure homes, there are certain factors that play major roles in clinching a successful deal. Buyers who have gone through the process of buying a bank foreclosure know that it could be a bit tricky to negotiate for a fair price of the ...
Views: 494 - Betting on a Bank Foreclosure - by Submitted on Feb 07, 2011 from Joseph B. SmithA bank foreclosure is a property owned by the bank by virtue of foreclosure. Properties that have been repossessed by banks are sold back to the market at much lower costs than their actual values. One reason for this is that banks would mostly want to recover only the unpaid portion of the ...
Views: 640 - Why Foreclosure Listings Are A Must - by Submitted on Feb 07, 2011 from Joseph B. SmithGoing through foreclosure listings online increases home buyers’ chance of landing a great real estate deal. By tapping these sites, people can navigate their way through the thousands of homes in their database with relative ease anytime, anywhere. Widen your choice, narrow your ...
Views: 519 - How Bank Foreclosure Listing Grew - by Submitted on Feb 07, 2011 from Joseph B. SmithThe growth in bank foreclosure listing that started in 2006 did not happen overnight. It was brought about by a series of events that eventually led to the subprime crisis of 2007-2008. The US economy started to tank by then. Housing bubble The US housing bubble peaked in 2005-2006 as ...
Views: 537 - Bank Owned Properties For First Time Buyers - by Submitted on Feb 07, 2011 from Joseph B. SmithPeople planning to buy a home for the first time need not go through the hurdles posed by traditional real estate channels. By buying bank owned properties, they would not have to shell out a fortune or exhaust all of their patience before finally moving into their new homes. The properties ...
Views: 524 - How To Make A Profit With A Short Sale Foreclosure - by Submitted on Feb 07, 2011 from Joseph B. SmithA short sale foreclosure is a ripe investment opportunity for people planning to jumpstart their real estate business. By buying low and selling high, hefty profits can be had by just about anyone, even those with limited capital. Such a sale is entered into by homeowners who are encumbered ...
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