This blog is compiled by Matthew Genovese of Coldwell Banker Riviera Realty in Jackson. It is my intention to use this blog to assist people who are looking to buy or sell property, houses or businesses in Jackson with timely insights and information about the town, the real estate market, and anything else that I believe is helpful. Please feel free to comment here or send me an e-mail: mattgen@optonline.net
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:
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