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Pricing Your Foreclosure Deal in a Hot Market: Part 2

Let’s followup to my last blog “Pricing Your Foreclosure Deal in a Hot Market“.  Now that you know the important elements to an accurate market valuation, today I will share how to find and select the “right comparables” to calculate the current market value of your next foreclosure home purchase. Let’s review this potential foreclosure home purchase […]

Pricing Your Foreclosure Deal in a Hot Market

Pricing Your Foreclosure Deal in a Hot Market

The housing market is hot and everyone wants in. If you are an investor, of course you want in too. But you have your work cut out for you. You don’t want to pay “market value” and then hope that prices go up so you can make your profit. That’s not smart investing, and should […]

Will The Mortgage Forgiveness Debt Relief Act be Extended through 2014?

Will The Mortgage Forgiveness Debt Relief Act be Extended through 2014?

I’ve been asked a lot lately about the Mortgage Forgiveness Debt Relief Act which is due to expire December 31, 2013. This act provides homeowners with cancellation of debt, huge tax relief. Learn more about the Mortgage Forgiveness Debt Relief Act and Debt Cancellation from the IRS website. This 2007 Act has been extended one […]

How to Find and Close Motivated Sellers

How to Find and Close Motivated Sellers

Home prices are rising and it is very much an inventory-strapped market. Unfortunately, for those agents and investors using the MLS (multiple listing service), this increase in demand is causing bidding wars on available homes. Fortunately for Foreclosures.com clients, our expertise will guide you through this daunting market, so you can find and close a […]

Don’t be Afraid to Door Knock Foreclosure Owners

Don’t be Afraid to Door Knock Foreclosure Owners

As much as calling owners in default is easier, let’s face it, most owners do not have listed land lines anymore. And those that do, are being bombarded with calls. So we call neighbors and relatives and hope our message gets to the owner in default. But at some point, you’re going to have to […]