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What else can I help you with?
Are property taxes owed on a foreclosed property by the owner?
The current owner yes, not the one foreclosed on. (And the past owner owes the one that foreclosed for any tax that was due for the period that owner had it).
What should I do to submit an offer for foreclosed homes?
To submit an offer for foreclosed homes one can contact the home owner directly to submit an offer before they are forced out of their home. Alternatively one can wait and submit an offer through an auction on the property.
What are some benefits of buying a foreclosed home?
There are a few benefits of buying a foreclosed home. Foreclosed homes are generally cheaper than non-foreclosed homes. One can also negotiated for a better deal with a foreclosed home because banks want to sell the home quickly.
How can you buy a foreclosed or bank owned property?
I mean, can anyone with cash basically look them up and make an offer?There are a few ways that one can purchase a foreclosed home. Some of these would include getting preapproved for a mortgage, finding an agent that specializes in foreclosures as well as knowing that the home is sold as is.
Will you receive a 1099-C on a property you were foreclosed on?
Yes, you will receive a form for a foreclosure property that you have abandoned. I just received one and is still lost about it. I don't know what the consequence of it. The best thing I would recommend for you is talk with a tax adviser and see what he or she recommend.
Are property taxes owed on a foreclosed property by the owner?
The current owner yes, not the one foreclosed on. (And the past owner owes the one that foreclosed for any tax that was due for the period that owner had it).
Where can one purchase items from a foreclosed office property?
One can purchase items from a foreclosed office property when one contacts the bank which owns the foreclosed office. One should first inspect the items and then one can start negotiating for the best deals.
Making Smart Real Estate Investments?
With over 1 million foreclosed homes available for purchase in the United States, it is no wonder investors are quickly snapping them up. To get a piece of the real estate pie, you should consider investing in a foreclosed property. Foreclosed properties are also referred to as "fixer uppers," because they can require some maintenance work before they can be sold again. Before you purchase a foreclosure to fix up and resell, consider these tips to make the smartest real estate investment choice possible.Choose a Good Location Just because a foreclosed property is dirt cheap does not mean it will yield a profit. Make sure the foreclosed property is in a good area. If it is in a poverty-stricken area of a large city, then the foreclosed property is not a good real estate investment. However, if the foreclosed property is located in a suburb with a good school district, then this may make the perfect real estate investment.Make Sure Repairs Are Affordable Some foreclosed properties are only thousands of dollars, but they require hundreds of thousands of dollars in repairs. There was a case in Florida, where a proud homeowner bought a foreclosed property for only a few thousand dollars. The property was located in a beautiful area of Florida. However, upon arriving to the property, the owner discovered the house was filled with over 300 snakes. This is just one of the example of what may be lurking behind the door of a foreclosed property. A foreclosed property is not worth the investment if it will require substantial pest control services or maintenance work.Have Cash Ready If you can pay for a foreclosed property with cash, then you may be able to beat out investors. One of the most difficult parts of buying a foreclosed property is beating out investors. If you can pay for the entire home with cash, then you will stand a chance in buying the property.Investigate the AreaBe sure to do your due diligence on the area and make sure no sex offenders are located near the home. Searching the sex offender registry in your area is one way to determine if sex offenders live in close proximity to a foreclosed property. Buyers do not want to buy a home that is unsafe for their children.To make a wise real estate investment, consider these four tips before you purchase a foreclosed property.
What should I do to submit an offer for foreclosed homes?
To submit an offer for foreclosed homes one can contact the home owner directly to submit an offer before they are forced out of their home. Alternatively one can wait and submit an offer through an auction on the property.
Where can one learn more about apartment property management?
You can learn more about apartment property management online at websites such as RealPage One Site Rental, Career Builder, and Allied Schools. You can also contact a local apartment property manager and see if he would be willing to discuss some information with you as well.
What state has the most foreclosed homes?
In the Us the state with the most foreclosed homes is California. This is because it is one of the largest states and therefore more people are living there.
How does a person begin to purchase a foreclosed property?
To start you will need to find an agent who deals in foreclosed properties, they will have a listings with details of all such properties on their books with all the relevant details of the properties. You will then need to look at the properties to see if you can find a suitable one to purchase.
In what amount of time can an owner of a foreclosed property that has sold in California reclaim their property?
There is a one year right of redemption in California but only under certain circumstances. The foreclosed party can reclaim the property up to one year after the sale by payment in full of the remaining loan balance plus costs UNLESS the original lender made a full price bid. In that case the period is shortened to 90 days. There is no statutory right of redemption if a deficiency judgment was waived or prohibited at the time of the foreclosure. You can read more about foreclosure in California at the link below.
Where can one find foreclosed houses in Pittsburgh?
One can find foreclosed homes in Pittsburgh on Zillow, which features Foreclosed Properties for Sale in Pittsburgh. Other resources for foreclosed homes include homes yahoo, foreclosures bank of america and bank foreclosure sales.
Where can one learn more about commercial property auctions?
There are a number of websites that offer information about commercial property auctions. One can find information on sites such as 'Commercial Real Estate', 'LoopNet' and 'Savills Auctions'.
What are some ideas for property insurance?
There are many companies that offer property insurance. One company you can try is Allstate. You can learn more here http://www.allstate.com/home-insurance.aspx
Where could one gather more information about becoming a estate agent?
One can gather more information about becoming an estate agent from the following sources: KFH, Property Agency Training, Paid To Learn, Property Jobs, National Career Service.
