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What Makes HUD Homes so Great?

HUD Homes can be a wonderful investment if you can play your cards right. Some people avoid these properties simply because they don’t understand what makes HUD homes so great. I’m going to give you a few clear reasons why I think these properties are a tremendous resource for investors. Let’s start at the beginning. Finding them The list of HUD homes for sale is readily available to anyone, even without a real estate  ..

Find the Perfect HUD Investment

Every investor needs a strategy and this is just as true with HUD homes. You need to know what you want to do with a house before you buy. More importantly, you need to make sure you’re buying the best properties. That means only making offers on those houses which fit your criteria. You might choose to make offers on every HUD home that meets certain criteria…so what are yours? You could tell an agent to make an offer on everyt ..

What to Know About Buying a Short-Sale Home as an Investment

By Dr. Teresa R. Martin, Esq., REIA NYC As the US housing market continues to show signs of a healthy rebound, there are a couple of interesting trends ( are affecting how investors buy real estate. On one hand, property values have been rising throughout the country. On the other hand, however, while the demand for home ow ..

How To Buy a Foreclosure

You want to buy a foreclosure? Remember, there are both great opportunities and great pressures and pitfalls in this market. First, you have to decide at what stage of foreclosure you want to buy. There are three options: 1. pre-foreclosure; 2. sheriff’s auction; 3. repossession, called REO (for real estate owned by the bank). The safest and best way to buy is when it’s a bank-owned property,” said Rick Sharga, a spokesm ..