Thinking About Investing in Pre-Foreclosures? Don’t Forget Tax Sale Pre-Foreclosures
Filed Under : Houston Mortgage Rates by me
Jun.29,2008By Richard Dawson
Have you ever looked into working with mortgage preforeclosures?
By this I mean contacting the owner of a property who is about to lose it due to non-payment of their mortgage, and attempting to buy the property. This technique has been around forever, and a lot of people have made good money practicing it. I would highly recommend you give DeedGrabbing a try – it’s a similar concept, only you’ll be going after owners of tax-delinquent property, not mortgage-delinquent property. You may have made money in your area going after mortgage foreclosures, especially when the market was better. Me, I had very limited success. My area didn’t have the dramatic price increases some of you may have experienced for one thing. Let’s look at why you’ll want to concentrate on DeedGrabbing or at least add it to your successful mortgage Foreclosure investing. The big reason I like ..
Source: sale
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