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6 REALLY COOL THINGS: BE the KING of your CASTLE!!!
6 REALLY COOL THINGS About Becoming the King of your Castle!
If you want to be a millionaire, if you want to be smart with your money, if you want to get ahead in life, build security, establish equity, and retire in confidence, then you...
Choosing The Right Mortgage For You
This article will help you understand the differences between a variety of mortgage options. There are many different mortgage products offered by the various lending institutions in Canada, so you may not know what features to look for.
As...
Dream House Can Be A Reality
(NC)—For many Canadians who have only dreamt of buying a home, it can now become a reality. While the actual dream may differ—a house with a big back yard for gardening, or a condo in the sky with a great view of the city—buying any home can be...
Power Outages: How Can Homeowners Prepare?
Power Outages: How Can Homeowners Prepare?
(ARA) - When tropical storm Isabel swept through the East Coast in September, it left widespread flooding, countless downed trees and 6 million people without power. Everything ground to a halt: of those...
Why You Should Consider Staining Your Concrete Floor
Acid staining can make a common concrete floor into look like
expensive natural stone flooring. Not only is it a fraction of
the price, but for people allergic to carpeting materials it's a
godsend. Another great application is in houses with...
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Buying Foreclosed Properties: Important Pitfalls
Many people have started looking at foreclosed properties as a new, cheap real estate investment. Properties at foreclosure sales often sell at a substantial discount, so you can get a very good deal in many cases. There are several problems you have to watch out for, however, so be careful.
First, you need to know the status of the liens on the property. You can’t just go in bidding and expect that you’ll come out owning the property - you need to know who has initiated the sale and what your state law is regarding junior and senior liens. Many houses don’t just have a single mortgage - they will have been used as security for multiple debts. A lot of would-be investors get burned this way - they buy a house for what they think is a good price, only to find out that there is still a large debt outstanding which they either have to pay or lose the house to yet another foreclosure sale. You’ll need to do a title search to find out whether there are any other loans, and you need to be familiar with state law on this subject.
Second, you should watch out for houses
which you know nothing about. Don’t just rush in bidding based on the listed information - that’s the biggest newcomer mistake. You need to know something about the property and it’s condition - remember, the current person living there has just lost their house. They often don’t think twice about damaging it, and their anger at the bank can result in financial losses for you.
About the Author: Teve Torbes makes up stuff and then claims he knows everything. Ask Mark if you don't believe me. He has web sites, including http://www.fleascontrol.com/dog-fleas.htm, and its less impressive relatives, http://www.fleascontrol.com/cat-fleas.htm and http://www.fleascontrol.com/flea-treatment.htm.
Source: www.isnare.com
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