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Click here to discover how you can safely earn 18% to 240% per year in
government tax liens and deeds using your own self-directed IRA
Buy Foreclosed Homes

Tips for making money when you buy foreclosed homes

Buying foreclosed homes can be very lucrative.  However, you must follow a few simple rules to tilt the odds in your favor:

  • Never buy foreclosures that you would not live in yourself.

  • Buy foreclosures in areas where home prices are stable or appreciating unless you really know what you are doing.

  • Buy foreclosures that only need cosmetic repairs.

  • Buy foreclosures that are not so expensive that the number of buyers or renters is limited.  

  • Buy foreclosures at or below market value.  You can check the market value by comparing the foreclosure price to similar homes that have sold in the same area. 

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