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What education or training do you need to learn how to buy fix up and resell foreclosed homes?

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I recommend preparing for and taking a realtors license test and working in the construction trades for a minimum of 3 years. I have seen many many people try to do it with less than this basic preparation and get burned or make profits that are so slim they'd rather work Mcdonalds.
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What are the benefits of buying foreclosed homes?

 The obvious benefit is that you are purchasing a distressed  property that has to be sold because of an unfortunate financial  situation. This should result in a below ma

What are the advantages of buying a foreclosed home?

  You could buy foreclosed home below market value, ranging from 10%-50%. With this you could save a lot of money and if you decide to sell your newly purchased property y

When i buy a foreclosed home what am I paying for?

See, when you talk about foreclosed home, then let me tell you that  there are 3 categories in which foreclosed home  process generally falls 1.Pre-foreclosure 2.Auction  3

Are there mortgage loans where you can borrow for example 30000 The first 15000 to buy a foreclosed home and 15000 to fix it up because the appraisal value is 32000 on this house?

The answer to this question is more or less, yes. First, the home has to be free and clear meaning no lien against the property or that you have $32k in homeequity. Secondly,

Can you buy a foreclosed home with no money down and poor credit?

Unlikely.   Sorry to have to say that because by the nature of your asking the question, I suspect you are wanting to make money by buying real estate foreclosures.   At

What kinds of problems could there be when buying a foreclosed home?

Answer . The primary problem with buying a foreclosed property today is defective foreclosure procedures. Many problems have been found with recent foreclosures that are ser

Are foreclosed homes easier to buy than new homes?

It is often easier to buy a foreclosed home directly from the bank than a new home if you are willing to put up with the possible problems caused by an older, empty house sitt

How can anyone get into buying foreclosed homes?

When foreclosed homes are put up for auction that are usually held publicly by the banks. If you are able to meet all the requirements than you can purchase a foreclosed home.