Foreclosure Flip Tips

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“Former NFL player turned multi-millionaire “flipper” to reveal successful marketing and business systems during free online seminar”

Boca Raton, Fla. — Foreclosure.com is proud to announce that real estate investing expert, Than Merrill, is back by popular demand to conduct an online training seminar, during which he will reveal his proven “turnkey” real estate system that unlocks the secrets to flipping riches.

Make $20,000 While You Sleep’ will be held live online on Feb. 10, 2010, from 9 p.m. to about 10:30 p.m. ET. To register for free and/or find out more information visit:

http://www.foreclosure.com/education/webinars/make-20k-while-you-sleep.html

Than — one of the most successful real estate investors in the nation, as well as the star of A&E’s hit television show, “Flip This House” — is going to show first-time homebuyers and experienced investors alike how to find amazing house deals for 65 cents on the dollar or less during a free real estate training Webinar.

“Than is the best when it comes to recognizing great deals and using automation to facilitate getting them done fast,” said Linda Yates, Director of Education, Foreclosure.com. “Now is the time to get off the fence and invest in a buyers market no matter where you live — it’s now or never!”

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flipping-homes

Flipping foreclosed homes for profit looks and sounds like a fantastic money-making idea. And, for the most part, it is; however, we’re here to tell you it’s not as easy as it looks on television.

The good news is that Foreclosure.com works hard to make the property investment process as easy (and lucrative) as possible.

The November 2009 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which details everything you need to know about “Staging Foreclosures” for maximum return on investment.

We take you through the entire process from start to finish, from finding the property of your dreams to rehabbing it to selling (or living) in it.

You’ll learn how to zero in on the properties that may be of interest to you from square one, which means no more sorting through hundreds of listings that just don’t meet your investment criteria.

What’s more, you’ll get the scoop on getting your property fit to live in so you can either call it home or sell it for serious profits.

Check out “Staging Foreclosures” today to get the leg-up you need to make the whole process as straightforward and as simple as possible!

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.

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halloweenhouse2

HGTV’s FrontDoor.com compiled two season-appropriate, and very different, lists:

Tricks

  1. Every foreclosure is a bargain — Just because a house has a cheap price tag, doesn’t mean that it will be a good investment.
  2. Buying a foreclosure property is like buying any other property — Foreclosure deals usually involve multiple parties and specific laws. Seek out a foreclosure expert.
  3. Going into foreclosure is better than paying a mortgage you can’t afford — Foreclosure has major legal, tax and credit consequences and should be a last resort.

Treats

  1. Homeownership is affordable — There really are well maintained foreclosure properties out there, some for as little as 50 percent below their market value.
  2. Banks are motivated to get rid of their inventory — Banks want to get non-income-producing properties off their books as quickly as possible, which translates to competitive pricing for consumers.
  3. The right foreclosure can be a good investment — Whether a foreclosure purchase is destined for renting or flipping, the right property can be profitable.

Remember you can find your treat on Foreclosure.com. Our nationwide database of more than 2 million distressed real estate listings is FREE to search for seven days. Cancel at anytime.

No tricks!

To check out the complete article head over to FrontDoor.com.

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Tips for buying a foreclosed home

WMBF News today put together a nice punch list of things that homeowners today “need to know” before buying a foreclosure … or any other type of home for that matter.

Check it out:

  1. Double-check your credit — Check your credit report immediately to be sure it does not show any incorrect information.
  2. Talk to lenders — Check rates and offers from several mortgage professionals to find one you with whom you want to work.
  3. Home prices are still low — Now is an excellent time for a home investment.
  4. Interest rates are still good — Mortgage interest rates have dropped again to about 5 percent annually.
  5. You must have savings — A down payment is essential today.
  6. Know all costs of ownership — A rule of thumb is to budget 1 percent of the home’s purchase price per year for upkeep.
  7. Buyer beware — Invest in a home inspection before agreeing to purchase any home.

Foreclosure.com currently features more than 2 million distressed real estate listings in its nationwide database, including preforeclosures, foreclosures, Sheriff sales, bankruptcies, tax liens, auctions and much more. In short, we have a house for everyone … at the most affordable price.

So use the tips above, search our Web site for the best deals in your area and live your own American dream while the conditions are in your favor. Opportunities like this don’t come around very often.

To search for homes and other cheap real estate deals — often up to 50 percent off — right now click here.

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mortgage rates

Right now there are so many great discounted properties available throughout the nation that you can essentially “steal” them for dirt cheap prices.

On top of these amazing deals, as well as the limited-time tax credit for first-time homebuyers that expires on Dec. 1, 2009, banks are still offering fantastic mortgage rates to encourage spending.

In fact, rates recently dropped to less than 5 percent!

Mortgage applications have skyrocketed thanks to this “perfect storm” that has created ideal homebuyer conditions.

How can you not be tempted to capitalize on these opportunities of a lifetime?

All these facts add up to one major point: for the right property, the numbers make good, solid “cents” right now. There has literally never been a better time to get into distressed property investment.

The September 2009 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which is all about helping you figure out how to get your hands on the money you need to get started in distressed property investing.

We touch on everything, from funding options to tips for raising your credit score. We also cover how you can accomplish it all without experiencing any of the headaches that can often deter first timers.

So get ready to learn everything you need to know about financing your dream home at the best possible terms! Check out “Fund the Deal” today and get going before it’s too late — remember the clock is ticking to lock-in the best terms and incentives!

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.

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