Stock Boys Launches Foreclosure Investing Resource Webpage
This press release explains how the foreclosure housing market can be an incredible bargain for Real Estate Investors. It also links to a webpage vital for buyer’s interested in buying foreclosures.
Winter Park, FL, May 23, 2009 --(PR.com)-- Stock Boys recently launched a new webpage on Resources for Investing in Foreclosures. Some economic forecasters are predicting that the United States is nearing the bottom, in the amount of foreclosures in the housing market. While others are saying that we still have a long way to go. Whether the bottom is here or not, there are some issues that could create significant opportunities for real estate investors in many markets.
Wise Investors can save tens of thousands of dollars by investing in either REO’s (real estate owned), or properties taken back by government agencies. In order to capitalize on these properties buyers need to have proper knowledge and resources. REO’s are properties that lending institutions or bank foreclosed on for lack of payments from the buyer, and now they own. The bank will usually have a contractor perform the basic repairs necessary just to sell it. Then the institution will put the house on the market, usually with a Realtor. Since, banks are in the business of lending money and not being landlords, buyers can purchase these properties for 20 to 30% below the home’s value usually.
Properties that government agencies take back are also a good source of bargains. There are several ways that investors can find government owned homes. A couple of them are through HUD, the VA, and government auctions. Whichever way the investor decides to go to acquire the property, the buyer can end up with some really substantial discounts this way. Sometimes, the buyer can even find houses at 50% of the market value.
The recently launched webpage on Resources for Investing in Foreclosures provides strategic and important information to potential investors. In particular it offers up to date and knowledgeable articles and information. The webpage also gives free services, as well as tools, courses, and e-books essential for buyers investing success.
To learn more, please visit the webpage: http://investingrentalproperty.com/Foreclosure.aspx
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Wise Investors can save tens of thousands of dollars by investing in either REO’s (real estate owned), or properties taken back by government agencies. In order to capitalize on these properties buyers need to have proper knowledge and resources. REO’s are properties that lending institutions or bank foreclosed on for lack of payments from the buyer, and now they own. The bank will usually have a contractor perform the basic repairs necessary just to sell it. Then the institution will put the house on the market, usually with a Realtor. Since, banks are in the business of lending money and not being landlords, buyers can purchase these properties for 20 to 30% below the home’s value usually.
Properties that government agencies take back are also a good source of bargains. There are several ways that investors can find government owned homes. A couple of them are through HUD, the VA, and government auctions. Whichever way the investor decides to go to acquire the property, the buyer can end up with some really substantial discounts this way. Sometimes, the buyer can even find houses at 50% of the market value.
The recently launched webpage on Resources for Investing in Foreclosures provides strategic and important information to potential investors. In particular it offers up to date and knowledgeable articles and information. The webpage also gives free services, as well as tools, courses, and e-books essential for buyers investing success.
To learn more, please visit the webpage: http://investingrentalproperty.com/Foreclosure.aspx
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Contact
Stock Boys LLC
Zach Kling
407-671-7389
http://investingrentalproperty.com/default.aspx
Zach Kling
407-671-7389
http://investingrentalproperty.com/default.aspx
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