Does anyone make money from forecloser homes?
Answers: yes, plenty, but you have to have money to make money in that nouns. Gone are the days of getting loans with stated income...Source(s):if you have the money, and the credit, that is the first hump. Once you find the property you will hold to have it inspected, as foreclosed homes rarely if ever will provide an inspection, you will have to see if nearby are liens that follow the home, such as tax, mechanics, and 2nds. You have to consider how much you have to invest to see if the return is worth adjectives that you have to do...They are a great thing, but in this open market, you need to find GREAT deals to make it worth your while. Most people that are making money on these right very soon, are pros, and its not for the meek, or people living pay check to pay check at the moment
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