Comments on: Buying in the Foreclosures Market is Hard http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 23:30:41 +0000 hourly 1 By: prlinkbiz http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html/comment-page-1#comment-30233 prlinkbiz Fri, 06 Oct 2006 14:35:44 +0000 http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html#comment-30233 I hear what you are saying. Anyone with a pulse could have made every mistake in the book and still walk away with profit last year! (At least here in AZ) This is a much better time for investors because the market is correcting- more of a sense of reality. Lots of opportunity. I am actually getting into preforeclosures, short sales and buying siubject to myself. I'm searching for houses with equity and the best strategy right now is to hold, not flip. I hear what you are saying. Anyone with a pulse could have made every mistake in the book and still walk away with profit last year! (At least here in AZ)
This is a much better time for investors because the market is correcting- more of a sense of reality. Lots of opportunity. I am actually getting into preforeclosures, short sales and buying siubject to myself. I’m searching for houses with equity and the best strategy right now is to hold, not flip.

]]> By: Free Money Finance http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html/comment-page-1#comment-30191 Free Money Finance Fri, 06 Oct 2006 10:21:39 +0000 http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html#comment-30191 <strong>Star Money Articles for the Week of Oct. 2</strong> Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: Five Cent Nickel asks which is first -- saving for college or retirement? Blueprint for Financial Prosperity says buying in the foreclosures market is hard. Con... Star Money Articles for the Week of Oct. 2

Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: Five Cent Nickel asks which is first — saving for college or retirement? Blueprint for Financial Prosperity says buying in the foreclosures market is hard. Con…

]]> By: jim http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html/comment-page-1#comment-30121 jim Fri, 06 Oct 2006 02:14:03 +0000 http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html#comment-30121 No I'm not an RE investor but i'm referring to a market in which home prices are stagnant or falling in the "hot" areas. I think trying to "learn by doing" in this market is much harder and dangerous because it will be less forgiving when you make a mistake. No I’m not an RE investor but i’m referring to a market in which home prices are stagnant or falling in the “hot” areas. I think trying to “learn by doing” in this market is much harder and dangerous because it will be less forgiving when you make a mistake.

]]> By: prlinkbiz http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html/comment-page-1#comment-30097 prlinkbiz Thu, 05 Oct 2006 23:17:47 +0000 http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html#comment-30097 I don't understand- are you a real estate investor? What market conditions are you referring to? What strategy do you think newbies will get killed doing? I don’t understand- are you a real estate investor? What market conditions are you referring to? What strategy do you think newbies will get killed doing?

]]> By: jim http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html/comment-page-1#comment-30081 jim Thu, 05 Oct 2006 21:16:21 +0000 http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html#comment-30081 "If you know how to do it..." is the key and criticla part, in the current environment novices will get killed (in my opinion) “If you know how to do it…” is the key and criticla part, in the current environment novices will get killed (in my opinion)

]]> By: prlinkbiz http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html/comment-page-1#comment-30013 prlinkbiz Thu, 05 Oct 2006 16:01:31 +0000 http://www.bargaineering.com/articles/buying-in-the-foreclosures-market-is-hard.html#comment-30013 Anyone who is going to get their How-to buy a distresses property from CNN is going to be in trouble. If you know how to do it, where to look, and what numbers you need in order to make it work- there is good money in distressed property. You want 50% discounted mortgages though (preforeclosures) and the property needs to have enough equity in it - which takes a little effort to find. Of course these houses are going to need work- you have to build that inot you costs. No matter what kind of property, the numbers need to work. This is a great tiem for real investors - speculators are being flushed out, and it's like shopping at a huge sale. Anyone who is going to get their How-to buy a distresses property from CNN is going to be in trouble. If you know how to do it, where to look, and what numbers you need in order to make it work- there is good money in distressed property. You want 50% discounted mortgages though (preforeclosures) and the property needs to have enough equity in it – which takes a little effort to find. Of course these houses are going to need work- you have to build that inot you costs. No matter what kind of property, the numbers need to work. This is a great tiem for real investors – speculators are being flushed out, and it’s like shopping at a huge sale.

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