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Showing posts from 2017

So, you Want to buy a Foreclosure?

If only I had a dollar for every phone call I received from someone wanting a copy of the foreclosure list. As if it's some great secret scroll that we all keep locked in our office. Well, it's not! And buying one isn't much of a mystery either. Let's get two things straight, number one and most important to remember during this entire process is that the banks, auction companies and/or asset management companies who are pulling the strings do NOT care about your situation nor do they care about what we believe is the real value of the abandoned meth den that they've inherited. These banks never wanted this. They did not desire to foreclose a loan and then in turn become responsible for actual real estate property. They are in the business of lending money and not owning and managing property. And unfortunately they are terrible at the latter. Secondly, there's no list! It's not a secret! There's no OZ pulling the strings behind the curtain. It's sim...