Purchasing Foreclosure Homes

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The presentation deals with foreclosure homes and introduces prospective buyers to the vast opportunity of profitable deals available in the foreclosure market. Common FAQ’s such as the meaning of foreclosure homes, their unique features as well as diverse benefits compared to other real estate ventures are discussed within the sub topics.. Some additional guidelines on useful sources, types of foreclosures, and related government incentive programs have been also been provided.

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Purchasing Foreclosure Homes

  1. 1. Purchasing Foreclosure Homes Unparalleled Benefits at Amazing Bargain Deals http:// www.foreclosureconnections.com /
  2. 2. Why Buy Foreclosure Homes? <ul><li>Foreclosed properties are the best investment options in today's real estate market due to: </li></ul><ul><li>Reduced prices </li></ul><ul><li>Prime locations </li></ul><ul><li>Great bargaining potential </li></ul><ul><li>Direct purchasing process </li></ul>
  3. 3. What are Foreclosure homes? <ul><li>Properties taken over by the lenders when the previous owners are unable to repay their loans are known as foreclosure homes and include: </li></ul><ul><li>Commercial properties </li></ul><ul><li>Condominiums </li></ul><ul><li>Single family homes </li></ul><ul><li>Large residential estates </li></ul>
  4. 4. Amazing Bargain Deals <ul><li>Home buyers can find some of the most lucrative deals on foreclosure homes through: </li></ul><ul><li>Public auctions </li></ul><ul><li>Short sales </li></ul><ul><li>Investing in fixer upper homes </li></ul>
  5. 5. Diverse Benefits <ul><li>Homebuyers can avail diverse benefits through purchasing foreclosure homes: </li></ul><ul><li>Wide range of choices </li></ul><ul><li>Prime locations in the best cities </li></ul><ul><li>Long term returns through investments </li></ul><ul><li>Monthly profits through rentals </li></ul>
  6. 6. Unique features of Foreclosure Homes <ul><li>Compared to other real estate ventures, foreclosed homes offer some unique features: </li></ul><ul><li>Huge savings </li></ul><ul><li>Low interest loans </li></ul><ul><li>Smaller down payments </li></ul><ul><li>Lower closing costs </li></ul><ul><li>Tax credit incentives for first time buyers </li></ul>
  7. 7. Best Sources <ul><li>Information on foreclosure homes can be found through various sources such as : </li></ul><ul><li>Online listing services </li></ul><ul><li>Real estate agencies </li></ul><ul><li>REO department of banks </li></ul><ul><li>Classifieds and journals </li></ul><ul><li>County offices </li></ul>
  8. 8. Effective Guidelines <ul><li>Some vital guidelines while buying foreclosure homes are: </li></ul><ul><li>Researching the foreclosure market </li></ul><ul><li>Comparing prices for the best deals </li></ul><ul><li>Making a thorough inspection of the property </li></ul><ul><li>Getting a pre-approved loan </li></ul><ul><li>Negotiating for a higher discount </li></ul>
  9. 9. Excellent Investment Venture <ul><li>With some of the best bargain rates in the real estate market, and various easy financing options offered by the government, foreclosure homes have presented prospective buyers with a golden opportunity of making an excellent investment venture. </li></ul>
  10. 10. http:// www.foreclosureconnections.com / For the Best Deals on Foreclosure Homes

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