Avoiding Foreclosure Scams!

Foreclosure Scams are on the rise because of the increasing number of foreclosures. It’s very important as homeowners to know about these scams and avoid them like the plague. They may cause you more harm and headache as they prey on desperate homeowners looking for solutions.

Read More >>>

---

Buying A Foreclosure - Pre-Foreclosure, Auction or REO

Buying a Foreclosure

Buying a foreclosure is a great way to purchase a property, pick it up for a reasonable price and flip it for a nice profit. There are basically 3 different ways you can buy a foreclosure. The first way is to buy a pre-foreclosure. This is a property that is delinquent, but hasn’t made it to the auction yet. The next way is to buy a property at the auction. We do NOT recommend this method unless you are an experienced investor because there are several things you need to be aware of before you start bidding.

Read More >>>

---

Buying Foreclosure Properties

Lease Option - Lease With Option To Purchase Lease options are becoming more and more poplar for both homeowners and investors alike because of the recent economic turn. Many homeowners have been forced from their homes due to foreclosure, their credit os ruined and now they are looking for a solution besides simply renting… which is why they are turning to lease options.

Read More >>>

---

General Investing Questions & Answers

All of our loan officers are thoroughly trained and experienced to assist investors in every aspect of rehab and financing of thier real estate project. From purchase, to rehab, all the way to selling, Direct lending Partner & its loan officers have the experience investors need to complete a fast no hassle rehab investment.

Read More >>>

---

Techniques on Financing Foreclosures.

Financing foreclosures is the part of this business that people are worried about most. Most people automatically assume that you have to have money to invest in foreclosures, which is what keeps them from investing. You will be happy to learn that you don’t have to have money to start investing. Obviously everyone is in a different financial situation, so not every technique we share with you will work. You just need to find one that works for you and go with it. Even those with bad credit, no money, or no job may capitalize on foreclosure opportunities. In fact, financing foreclosures is the easier part when it comes to buying foreclosures, finding them can be the biggest challenge, unless you know where to look. These are all great techniques which we discuss more in depth in our best selling foreclosure ebooks.

Read More >>>

---

The Foreclosure Process

The foreclosure process begins whens homeowners are not able to make their mortgage obligations. This could be due to job loss, sickness, death, divorce and other hardships. Once the homeowner is behind on payments usually more than 90 days, the lender will begin the foreclosure process. Every state will either use a mortgage or trust deed as their legal means to secure a property. Depending on the state that you live in, the mortgage foreclosure process is different from the trust deed foreclosure process.

Read More >>>

---

What is a Trust Deed Foreclosure?

Trust Deed foreclosure is different than that of a mortgage foreclosure because there are no courts involved. Simply put, most investors refer to trust deed foreclosure as a third party action. Investors use different terms when dealing with a trust deed foreclosure. The borrower is called the trustor, the lender is called the beneficiary, and the third party representative (the one who is holding the title) is called the trustee. The trustee, who represents the lender or beneficiary, is brought on for the sole purpose of holding the title of the property as a security measure against the debt.

Read More >>>

---

What is Foreclosure?

Foreclosure is to shut out, to bar, to extinguish a mortgagor’s right of redeeming a mortgaged estate. It is a termination of all rights of the homeowner covered by a mortgage. Foreclosure is a process in which the estate becomes the absolute property of the lending institution.

Read More >>>

---

What is Mortgage Foreclosure?

Mortgage foreclosure simply means the deed can only be foreclosed through court action. Mortgage foreclosure is usually referred to as a judicial foreclosure. A mortgage is a security document that allows the borrower to keep title of the property while using the property as security or collateral for a loan. The lender then places a lien on the property in the event the owner does not pay the agreed payment. When the borrower pays off the loan, the lender gives the borrower a satisfaction of mortgage that removes the lien from the property. About half the states in the U.S. use mortgage foreclosure as the means of satisfying the loan balance.

Read More >>>

---

Where can you find foreclosure properties?

There are a plethora of places to look when you want to find foreclosure properties. The key is finding them before someone else does. You can find foreclosure properties on the web, newspapers, lis pendens lists, seminars, direct mail, word of mouth, friends, real estate agents, real estate offices, and lending institutions just to name a few.

Read More >>>

---