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Foreclosure Lists From A Local Source
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Foreclosure Lists from a reputable vendor are hard to find. Have peace of mind that the vendors we recommend, we have checked out their product and find value in their service.
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Where Can I Find Foreclosure Listings?
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Well you can try the newspapers and public records but I have found the best source is companies that service the REO & Asset Manager community. I have provided a link to a company that provides a trail period for you to check them out.
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What's A 1031 Exchange?
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A 1031 Exchange is a process that Investors use to sell investment property when reinvesting. The purposes is to defer Capital Gains taxes and roll those proceeds into another investment property.
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What's An REO Property?
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Well REO properties are "Real Estate Owned" or "Bank Owned" properties. Most of the time they are just normal homes that are simply owned by the bank.
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What's A Short Sale?
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A Short Sale is basically when the current seller owes more than he or she can obtain in a market sale so you go through a process to request the Bank or Bank(s) settle for less than owed in order to dispose of the house prior to foreclosure.
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Why No More HUD Homes?
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The terms REO & Bank Owned will be replacing the term HUD for the next several years because of a lack of FHA financing in the last few years. The inventory for HUD is non existent in California so start looking now for REO or Bank Owned properties.
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Welcome to InvestHomeSource.com
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Sacramento's Premiere Source For Investment Property, REO Property & Fixer Properties.
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