Tips for Buying Foreclosures

This is a handy introduction into the landscape of buying foreclosure properties for investors.  

Here is a little snippet from the article that sets up who this is aimed at: 

“This is a market where somebody who does their homework can save significant money on a home purchase and create a nice investment opportunity on a longer-term basis,” said Rick Sharga of RealtyTrac.com.

This comes from CNBC's 2009 Spring Real Estate Guide.  It is a pretty good collection of pieces on how-to's and do's and don'ts.  Suprisingly, even the guide to selling on your own is pretty even handed (which you aren't going to hear very often from a REALTOR :-) ) giving you reasons why you may want to do it yourself, but also reasons why you may need advice of an expert.  

There are a few other notable items in the Guide worth checking out, too, such as: 

• Vacation Homes Still Work for Some
  
• Wading Through The Mortgage Maze