Thanks for visiting our site! If you are more entrepreneurial, buying foreclosed properties and selling them is possible too. If the owner can’t pay off the outstanding debt, or sell the property via short sale, the property then goes to a foreclosure auction. You can also search for home values , check out prices of recently sold homes and keep track of market values in your community.
This may include looking for a private investor, working with the mortgage company to put together a repayment plan or loan modification, or going through our list of foreclosure loan specialists. If the …
A condominium in itself is a great investment for the first time home buyer. Meyer said the vitality of a local real estate market is usually closely linked to the employment strength of the area. A condo, however, is owned by an individual and usually managed by either the owner personally, or it lies under the umbrella of that condo community’s homeowner association (HOA), often relying on the assistance of a property management company.