myBankOwnedProperty.com

I would like a good deal Im new to the foreclosure market and never even bought a house before. Can anyone sum up for me real quick the fastest way to do it? I read http://provenforeclosurefortunes.com lets you get a house for $600, has anyone ever got a house from them? Im looking for the fastest way to buy a cheep house thanks.

Sounds a bit suspicious. I would suggest reading books on the subject. Some will even walk you step-by-step through the process of obtaining, preparing, and selling foreclosure properties.

Foreclosure Short Sales Kit

http://tinyurl.com/mcpydz

Foreclosure Investing for Dummies

http://tinyurl.com/m9zvhq

…or really any number of good books on Amazon.

recovery of foreclosed homes, and how to get in contact with the banks that own these homes. I want to fix them up for the banks and get paid for it.

IF you can handle rejection and are persistent, there may be an opportunity for you to develop a business. You might have to be licensed and insured. This may require some legwork and some "politicking", BUT IT MAY be possible:

Banks, savings & loans, credit unions, mortgage companies – as well as ALL legitimate lenders have a department: Real Estate Owned or R.E.O [pronounced "Rio" as in "Rio De Janiero"].

From the time a property is siezed for foreclosure until its re-sold to an investor or home buyer, some of the properties require some inspecting maintenance and repairs.

This is what you could or should do:
1] Go to the court house – or several court houses – to the Sheriff’s Office or the office handling the Sheriiff’s sales or foreclosure sales.
2] Ask for a list of sales or take one of the notices for each property on the wall.
3] When you get to your office or home, go through each notice. Make notes of the lender’s name and/or the attorney’s name. You’ll probabl;y see about 10 to 20 attorneys whose names or firms consistently appear.
4] Call or write each attorney and/or the lender’s REO Dep’t. with your proposal. Include a short list of the work you did for others or pictures. You DO NOT have to make a full-blown album or portfolio. You just want to be noticed.
5] Call and make appointments with those attorneys and/or thiose folks in the REO departments.
6] Be on time for your appointments. Make your case/
7] In your presentation, it might help your cause if you mentioned a portion of yuour fee or retainer will be put into an account with that lender or institution.
8] This might require a little further investigation:
If there is a group or organization where those folks have regular meetings, ask about joining that gro0up or organization as an associate or junior member. You don’t want or need voting rights for that organization, but its up to you to attend every meeting of that group or organization AND BE ACTIVE! Get to be known as a "can-do, will-do" type of person.

Invest the money in a good quality business card. Have it printed at a professional printer. You want raised lettering and a logo. The folks at the print shop should be of great help to you.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

In this video I explain the difference between buying a foreclosure and buying a home normally. You’ll need to be able to go in subject free (no conditions) so there are lots of extra steps and more homework to be done up front. However, if you follow my instructions, we can make the process much easier.

Duration : 0:2:53

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Technorati Tags: buy foreclosures, buying foreclosure, buying foreclosures, distressed properties, how to buy a foreclosure, pre-foreclosure, pre-foreclosures

Ohio Foreclosed Homes Source: Visit http://www.e-foreclosuresearch.com/ and Search our OH Foreclosure Listings to Save Money. Our Database includes Foreclosure Homes for Sale, Bank Foreclosures and Repossessed Properties

Duration : 0:0:41

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Technorati Tags: Bank, Columbus, Foreclosed, Foreclosure, Foreclosures, Homes, Houses, Listings, oh, ohio, Properties, Repossessed, Sale

http://real-estate-investing-club.com The market is swamped with foreclosed homes. Wouldn’t it be nice to invest in homes before they even make it to the foreclosure market? This video shows you how.

Duration : 0:4:12

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Technorati Tags: buying, Estate, Foreclosed, Foreclosure, Homes, Investing, pre-foreclosure, Real

Real Estate – General Business & Economics – Dream Street, Dream Street Investments, Inc. Dream Street, Dream Street,Paperback, English-language edition,Pages:140,Pub by CreateSpace – How to Start a Foreclosure Cleanup-Property Preservation Business: EARN up to $100,000 per Year CLEANING OUT FORECLOSED HOMES (Books)

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http://www.ultraforeclosures.com – “Foreclosure Girl” introduces the ULTRA Foreclosures patented 4-step Wealth Building System. Don’t miss your chance to make a fortune in the hottest foreclosure market ever! Everything you need to know about foreclosure investing, from Pre-Foreclosures to Auctions to REOs. How to spot foreclosures “before” they happen; buying properties at 50% market value and reselling them for HUGE PROFITS! Which tools are essential to your success — plus FORECLOSURE SCAMS to avoid. Money-making SECRETS from a team of foreclosure experts who want to help you achieve the wealth you deserve. How to GET STARTED FAST — before all the best deals are gone! Check out http://www.ultraforeclosures.com

Duration : 0:0:58

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Technorati Tags: auction, Bank, buy, Estate, Foreclosed, Foreclosure, Foreclosures, Home, owned, Real, short, UltraForeclosure

Visit http://www.foreclosureconnections.com/ to find listings of New Jersey foreclosed homes. Wide range of NJ bank foreclosures and foreclosure properties.

Duration : 0:0:39

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Technorati Tags: Bank, Elizabeth, Foreclosed, Foreclosure, Foreclosures, Homes, Jersey, Listings, new, Newark, nj, Paterson, Properties

http://real-estate-investing-club.com With millions of foreclosed homes in the real estate market today it may seem easy to find foreclosed home listings but often it is a little harder than it looks. Check out this video and I will show you 5 easy ways to find foreclosed homes in your area.

Duration : 0:5:9

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Technorati Tags: foreclosed homes, foreclosure homes, foreclosure listings, pre-foreclosure, real estate investing

I am a first time buyer. I heard that this is a perfect time to buy a house because the market is low and there are a lot of foreclosure houses which will cost much more in a few years. Is it a good idea to buy a house now, to rent it and to sell it in a few years?

generally speaking, the market has been coming down since summer 2005, but i don’t think we’ve gotten even halfway through it yet, so there is a long way to go. there are still upwards of $500 Billion of adjustable rate mortgages due to reset in 2008, and perhaps even more in ‘09 and through ‘10. you then have to wait for the effects of the resets to work their way through to see if this will cause even more foreclosures, and, based on recent history, this is the likely scenario.

if you don’t really feel that you absolutely need to buy a house, i’d sit on the sidelines now and continue to rent and save your money. you could buy a house now and rent it out, but if the house value is still going down, you won’t make any money at all. i’d say that 2010 is the earliest you should start looking to buy, unless you know that you just can’t lose on the deal. in the meantime i’d keep track of monthly foreclosure stats and see which way the trend is going. eventually it should level off and decrease, but i think it’ll be a long while until we get there. then it’ll be the time to buy.