If you have ever wanted real estate riches with also dreaming of being able to help out people who have ran into a few bumps in the road along their way but are still generally good people who have fallen on bad times then you can consider other type of real estate investing in which you can purchase houses and then put together a lease to own agreement with people who can not get any financing to buy their own house right now.
This kind of real estate investing is a very good way to make money while you are helping out other people and there can be many other benefits to this type of deal also. First of all, renters have no stake in a house that they are renting. For this reason you can often find out that renters have very little regard for damage that happens to the house, beyond how it can affect their own security deposit. Those who have dreams of one day owning the house however are much more likely to take much better care of the interior and exterior of the house they are renting. This cab means better chances that the value of the house will actually grow during their time that they are renting whether they go on to decide to purchase or not. I will talk more about leasing to own in future posts.
Sunday, November 23, 2008
Friday, November 21, 2008
Buying Pre Foreclosures When Investing in Real Estate
Buying Pre Foreclosures When Investing in Real Estate
Pre-foreclosures are when house that have reached the last stages before they are repossessed or taken back by the people who loaned the owners the money for the house. At the stage of pre foreclosure the owner is still in complete control of the house, the lender of the money for the house will repossess the house if the owner can not rectify the situation. Now, if the owner of the house makes up the payments that are owned, the pre foreclosure will stop and things will return to normal.When you are buying real estate, there can be a lot of benefits to pre foreclosures. Although there are many difference ways that you can buy a house, pre foreclosure can be one of the best ways. Even though it can be one of the best options to buying a house, many people do not do it simply because they don't know how to work with pre foreclosures and all of the benefits that you can get from this method of creative real estate investing.
One of the great things about pre-foreclosures can be the prices that are associated with the houses. In most cases, the owner has to sell the house no matter the price, and therefore will be open to more offers then if they were not in pre foreclosure. Because of this very reason, you can find pre-foreclosures that are up for sale at nearly 50% off market value. This can be an ideal time to purchase, especially if you are looking to save a lot of money. And this can also be one of the great investing real estate opportunities.
For a Free Report On Making Money With Real Estate Investing
Thursday, November 20, 2008
Cheap Homes For Real Estate Investors
When dealing with real estate, it`s can be hard to beat a cheap home. Cheap homes can be very affordable, and great for people on a budget. For real estate agents, these kind of homes can be a way to buy a house at a very low price, fix it up some, then sale it for more money then what they bought it at. Making money in real estate can be done - no matter how you view it.
You can find all kinds of cheap house throughout the US, some will be in better shape then others. Some are in good neighborhoods, with plenty to see and a lot to do all around you. On the other hand, more then a few towns that have the cheapest houses are normally in very bad job markets. They can be great if you are retiring to or settle down with your own business, although these are not the best places if you are looking for a job. Marketers and writers who work on the inter-net are going to these areas, at a very large pace.
You can also save a lot of money by buying a house that is less expensive, but were your needs are still met. What is meant by this, is buying a house in the inexpensive part of your town, or buying a house that is cheap in price. You shouldn`t be worried on one type of house or were it is in town, but instead look at all of your options and compare prices.
For A Good Way to Get Cheap Houses
CLICK HERE
You can find all kinds of cheap house throughout the US, some will be in better shape then others. Some are in good neighborhoods, with plenty to see and a lot to do all around you. On the other hand, more then a few towns that have the cheapest houses are normally in very bad job markets. They can be great if you are retiring to or settle down with your own business, although these are not the best places if you are looking for a job. Marketers and writers who work on the inter-net are going to these areas, at a very large pace.
You can also save a lot of money by buying a house that is less expensive, but were your needs are still met. What is meant by this, is buying a house in the inexpensive part of your town, or buying a house that is cheap in price. You shouldn`t be worried on one type of house or were it is in town, but instead look at all of your options and compare prices.
For A Good Way to Get Cheap Houses
CLICK HERE
Subscribe to:
Posts (Atom)