Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

William asks…

Your Questions About Foreclosures

The Expert answers:

Your Questions About Foreclosures

Mark asks…

Your Questions About Foreclosures

The Expert answers:

Your Questions About Foreclosures

Carol asks…

Foreclosures?

Hi I’m 19 and I recently have been interested in house foreclosures. I know I’m young, but I was just wondering if anyone does this type of thing and if so do you have any advice or experience you could offer me. Thanks!

Your Questions About Foreclosures

The Expert answers:

Contrary to what everyone else is saying, now is the time to buy! With subprime lending institutions going belly-up right and left, the banks don’t want to take back any more non-performing assets (aka houses in foreclosure).

Your best bet is to get to them BEFORE they go to auction. There are sites across the country that will give you up-to-date information on pre-foreclosures in your area.

A word of caution: make sure you do your ‘due diligence’. It can be so easy to think that every deal you find will be a home run. Sometimes it’s good enough to make it to first base because that’s what pays the bills. Work up to the ‘home runs’.

And whatever you do, DO NOT quit your job before you can sustain yourself 100% from your real estate for a solid 6 months to a year. If real estate investing can’t cover ALL the bills and then some, don’t you dare quit your job!

Most importantly, it’s not a matter of ‘ready, aim, fire’. It’s FIRE! (Then clean up the mess later). If you’re always getting ready to get ready, you’re never going to get there. Pull the trigger, put your toe in the water, and give it a shot!

I admire your entrepreneurial spirit and believe in you! Go for it, kiddo! You can do it!

Your Questions About Foreclosures

David asks…

How can I obtain a listing of past foreclosures sales that took place?

I would like to know if there is a website or service available that I can view past foreclosures sales within the last 2 years preferable the state of Texas but any info will help. I would need to know the amount that was owed at time of foreclosure and the price the home finally sold for. Any help would be very helpful…Thanks…
P.S. I have had no luck with my local county clerks office either…

Your Questions About Foreclosures

The Expert answers:

Foreclosure sales are usually done by the county sheriff. Check their website or you may want to contact them.

Good Luck

Your Questions About Foreclosures

Lizzie asks…

How can I find out about foreclosures in California?

I called a few banks and they won’t give out the information. And I don’t want to pay these toll free numbers. There has to be a way.

Your Questions About Foreclosures

The Expert answers:

I’d start with
1. Public Record Searches
2. Search Online
3. Newspaper Searches
4. Bank REOs

There is a detailed article that can walk you through each of these:
Finding Foreclosures & Pre-Foreclosures
http://www.biggerpockets.com/find-foreclosure-homes.html

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Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures

Your Questions About Foreclosures

Your Questions About Foreclosures