Foreclosed properties are on loan properties that former owners were unable to settle with the bank. These are often sold at great prices (sometimes at 30% lower than actual value) because the bank or lender wish to recover their investments quickly Here are some facts on buying foreclosed properties, and some tips on how to avoid common pitfalls and risks. … [Read more...] about 6 Tips for Buying Foreclosed Properties
buying property
5 Things to Consider When Buying a Condo
Are you thinking about buying a condo? If you've got the money now is a great time to buy. Prices are down and given the economy, buying property—especially in a good area—is far safer than putting your cash in stocks. You can also earn money from renting out your condo unit (an easy way to boost your monthly income) and, if you are able to buy during the pre-selling stage … [Read more...] about 5 Things to Consider When Buying a Condo