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Before you begin the lucrative
business of investing in foreclosures and pre-foreclosures,
you need to learn about the basic's on foreclosures and this
is where I can help. Before you start looking at homes you
must first be pre-approved by a lender and provide a letter of
pre-approval.
Next when you start looking
at homes as a potential primary residents or resells, keep a
list of questions. How much work does the home need? Are there
any physical problems with the house? Plumbing? Rewiring?
These are questions you need the answers to. Also, does the
home have any outstanding property taxes, or additional loans
on land leased?
I maintain a list of foreclosures
for Solano and Sacramento Counties and can assist you in the purchase of these
properties and help locate financing also. |
