Special Report on
Dangers of Investing in Foreclosures
Dangers of Investing in Foreclosures - Trends
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Investing in foreclosures is a strategy that requires a level of sophistication and diligence that is far beyond what most people realize. Those who succeed in the foreclosure (FCL) market are those who have studied the strategies and tactics of other successful investors and have put the time and resources into making appropriate market contacts - a necessity for creating a competitive advantage over the myriad of other market participants. But pouring time and energy into getting to know the local property market is only one of several strategies that investors should consider to ...
in a specific market. They assume because they live in the city, they know the market well, where they assume that real estate investing – like using techniques known as “house flipping – is a simple procedure that anyone can do and get incredible amounts of money for. Unfortunately, some real estate investors move from another successful job or business into real estate investing and make a number of mistakes that can cost them dearly. This leads investors into multiple foreclosures, and even bankruptcy. A recent article in the San Francisco Chronicle points out that speculators who ... Read More
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