Why Buy Foreclosures?

"With interest rates at record lows and the stock market looking too perilous for
small investors, many people are putting money in an asset they understand --real estate.

One of the best places to invest is in foreclosures and bargain residential real estate.

You can buy foreclosures for as cheap as 30% or 40% below market, but most foreclosures sell for 5% below market," said John T. Reed, editor of Real Estate Investor's Monthly, a newsletter based in Alamo, Calif." From and article entitled The Safest Way To Buy Foreclosures by Bankrate.com .

Actually, we are seeing foreclosure properties selling 30% to 40% below market value, in Lake County, all the time.

Foreclosures represent one of the best investment opportunities available today! Once you make a purchase you can either rent it or flip it. If you hold it and rent it for now and sell it after the market turns around you can imagine what your profits might look like!

Generally renters prefer single family homes and they will usually pay water, sewer, all other utilities, take care of normal maintenance, lawn care, snow shoveling, etc.

How can we help?

We can help you find foreclosures...

The MLS does not have a listing category for foreclosures so we search the MLS with key words, looking foreclosure properties. Key words like, bank owned, corporate owned, no disclosures, foreclosure, auction, short sale, allow time, addendums required, etc. This catches most of the foreclosure, preforeclosure and short sale listings.

We will show you the properties you would like to see.

We will help you negotiate the best price.

We can help you through the purchase process.

We are experienced in all these areas. Please let us know how we can help.