Upcoming Foreclosures

How do I go about buying a foreclosure properties from a sheriff sales or the bank or mortgage companies or le

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  1. state department in your state usually will have an auction once a month you can also go to city hall and look at listings. Don't pay someone to do what you can do on your own. The only thing you must remember is most of the time you cannot get inside these properties before buying and most people who are kicked out leave it a mess because they are angry. Also when going to an auction you must have at least 10% in a cashiers check or money order. If your looking for a really good deal really cheap their is big wigs that do this for a living. I say it is a good idea if you plan on living in the property or hanging on to it, most big wigs need to buy cheap to make a profit off of it. They are not going to mess with something that is less then 20'000 under value because then they make no money. I bought a foreclose but lived in it yes I had to put some work but in the end that little house made me a wealthy women. I sold it 4 years later and double my money and used that money to start my first business and now I own a chain of stores. GOOD LUCK!
  2. 1. There are mainly two types of foreclosure auctions: commercial or government. 2. If it is a government auction, they list them online on several sites for free or they publish it on newspapers. You can go to investingwithoutlosing.com and look up some properties being sold. You can check out the local newspaper for properties being sold in your area. 3. Mortgage companies have properties they own, you simply call them and ask for their REO web site. 4. Be wary though, you don't want to jump into this stuff without knowing what you are doing. I have listed a book resource below you can get from amazon or another bookstore that helped me.
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