Distressed Property Opportunities
One of the fastest ways to make large cash profits or equities in real estate is to buy properties substantially below their present or projected renovated market values. These bargain properties, some call distressed properties, offer the greatest opportunity for cash and equity profit. You can buy without negotiating with the seller.
Forced Sales
Forced sale properties would include FHA, VA and HUD foreclosure sales, tax sales, bankruptcy sales, government services administration spare property and drug arrest acquired property, developer close-out sales and auctions, property taken back by corporations in connection with employee transfers, civil judgment sales, IRS sales, probate sales and estate sales.
Many of the properties that are forced sales by the courts will often be run down and in need of repair, so look them over carefully.

March 15th, 2008 at 9:18 pm
[…] WLCCI Source for Real Estate Investment « Distressed Property Opportunities […]
March 15th, 2008 at 9:23 pm
[…] When a borrower fails to make a monthly payment on time, the lender sends a friendly reminder letter. If the payment is not received within a few days, another letter is sent warning of potential foreclosure. […]
March 15th, 2008 at 9:32 pm
[…] The lender, by law, has an automatic bid for the total amount owed. The lender may not bid higher than that figure. If there are no other bidders, then the lender will receive the property for the entire amount owed (amount of loan plus interest plus expenses). Once the lender has taken title, these properties are referred to as R.E.O.s, or real estate owned by the lender. They also represent a good investment opportunity. […]