Commercial Real Estate

Foreclosure is a great way of making money in real estate. There are two opportunities in real estate foreclosure when there is a suitable agreement made. The first option is buying a home in the pre-foreclosure phase and the second option when it goes to auction. In both of these options you will transact with a home owner that has to sell there property or lose it without getting anything. They will agree to a large discount and there luck runs out. There is low risk with foreclosures. Competition is less severe and you won't have to mess with any dealers when purchasing foreclosure property. If you strike on a good deal you can save significantly.

If you plan on purchasing any kind of foreclosure property you will need to scan all available investing choices whether it be this process or in depth. When heading towards foreclosure with a pre - foreclosure stage this stage requires the contact between the investor and the seller. With this both parties linked to the deal are keen to reach there aims. This will be a big discount with low cash down and complaint sales agreement makes the foreclosure a huge investing occasion. There is a drawback to this approach and that is first of all it is difficult because it is hard to find a foreclosure home owner and second you might face competition that might increase there rates.