Expert Insights: What Are Some of the Guidelines for Purchasing HUD Foreclosures?
If you have the cash or can qualify for a mortgage, you can buy a HUD home. Down payments vary depending on whether the property is eligible for FHA insurance. If so, the down payment can be lower than the 5 to 20 percent required on conventional loans. HUD requires...
Expert Insights: How Do I Find Government-Repossessed Properties?
The Department of Housing and Urban Development (HUD) acquires properties from lenders who foreclose on mortgages that it insures. These properties are then available for sale to potential homeowner-occupants and investors only through a licensed real estate broker....
Expert Insights: What Are the Disadvantages of Buying Foreclosures?
Buying directly at a legal foreclosure sale can be risky. Among the disadvantages: There is no financing. You need cash, and lots of it. The title needs to be checked before the purchase. If not, you risk assuming a seriously deficient title. It may not be possible to...
Expert Insights: Where Can I Find Foreclosure Properties?
Look in the legal notices section of your local newspaper and online. A notice is also usually posted on the property itself and somewhere in the city where the sale will take place. However, agents are the best source for information about foreclosures before they...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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