|
|
Home Security: Your yard is the first line of defence.
Home Security: Your yard is the first line of defence. You may not believe it but most burglars do not plan their break ins. They are crimes of opportunity. They pick what appears to be a simple target. If they see a greater risk than they...
How To Buy Double Glazing in the UK
Double-glazing reduces heat loss through your windows. You can save money on your heating bills. *However, it will be a long time before you save enough money equal to the cost of the windows*. If you can't afford to replace *all* your windows,...
Inspecting a Home
Inspecting a House Before you buy any house, take the time to thoroughly inspect the structure and mechanical systems. Costly repairs can often be avoided or at least anticipated by a preliminary inspection before a purchase offer is signed. If...
Security in Todays World
There are many things in life that are worth protecting. Our children, our valuables, our resources and of course, ourselves. Only twenty years ago, if security was mentioned, you were speaking of protecting your home. And you were most likely...
Stair Railings For Home Decorating
Stair railings at home are more than a simple way to get from a floor to another. You design an extension of your personal likes in decoration, with ornamental parts of wood, iron and other material easy to install that will enhance the value of...
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|