Vectors and 3D Models
Local Search - Business
Weather Information
Get the App for Smartphones and Tablets

Go Back

WhmSoft Free Articles Directory
Free Articles for Reprint
Free Articles to Publish
Free Articles for Newsletters
Videos to Watch

Page Generation Date and Time:
04/26/2019 06:01:37

Free the Animation VR / AR
Play to reveal 3D images and 3D models!
Demonstration A-Frame / Multiplayer
Android app on Google Play
vlrPhone / vlrFilter
Project of very low consumption, radiation and bitrate softphones, with the support of the spatial audio, of the frequency shifts and of the ultrasonic communications / Multifunction Audio Filter with Remote Control!

Alexa Data

Go To Articles Directory Home Page

To get the current article, - See Below (at the bottom of the page) -.
For top news titles, see below.
Web sites and videos listed in this page are frequently updated.
If you find that this page is useful (quality of web sites, images and videos, ...), you can add it to your favorites.
Bookmark Page !

Tell a Friend:

With your mobile phone (WAP / I-Mode / iPhone / PDA), for free:
The Top News -
The Daily Files -
All the Directory Files -

Web version of feeds:
Podcast Music -
Daily Files -

You can play the Guitar Drum Revolution game (flash game) by following the link below:
Play Guitar Drum Revolution Game

You can play free online games (flash games) by following the link below:
Free Online Games

Play the samples below:
01415 L Hippopotame00609 Tangram1159 BaseballTribal GameMysteries Of Horus

You can view the people (celebrities) news and the front page news (with videos, images and constant updates) by following the link below:
View Recent News
or by visiting the WhmSoft Service blog:
News Photos Slideshows

Article Keyword Videos to Watch
Click on the image to start the video.

Related Topics
Images - Links - Articles


Related Images

Article Category Videos to Watch
Go to the Videos Pages

Investing in Government Foreclosures

Investing in government foreclosures is an excellent way to begin investing in the foreclosure market.

When an owner defaults on a loan that has been insured by a government agency, the agency pays the lender and acquires ownership of the property. These properties, known as government foreclosures, are assessed, and then sold at public auction.

There are advantages to investing in government foreclosures. The first advantage is that the agency is trying to regain the money they have paid the lender. For this reason, the agencies government foreclosures are a good way to find cheaply priced property. The agency does not want to hold on to the property in hopes of receiving more money.

A second advantage to investing in government foreclosures is that there are so many of them. Because of the number of government foreclosures, government assessors are typically in a hurry to complete the assessment. That often causes property to be undervalued, leading to a lower sales price, which leaves more room for profit. In addition, with a large number of government foreclosures available, agencies are more willing to accept a lower bid.

Finally, government foreclosures usually do not need major repairs. While the government agency usually secures the property against vandalism or damage, the homes often sit vacant prior to being sold.

Typically, the repairs are cosmetic, like painting or beautifying the yard.

There are also disadvantages to investing in government foreclosures. The first disadvantage is that obtaining government foreclosures is not as simple as bidding on the first piece of property you find. Each agency has its own rules regarding the bidding process. Some agencies will not allow bids without a real estate agent, while others have a large selection of property available for anyone’s bid.

A second disadvantage to investing in government foreclosures is the lack of warranty. Government foreclosures are sold “as-is.” While most properties require only minor repairs, it is possible for the property to need a major overhaul before it is marketable. It is always a wise choice to inspect the property prior to bidding. Determine the extent of repairs that are necessary, and include those costs when calculating your potential profit.

Finally, government foreclosures are sold on a cash basis. When investing in bank foreclosures, it is sometimes possible to arrange financing through the lender that is selling the property. When investing in government foreclosures, it is necessary to pay in full at the time of sale. Any financing arrangements must be made with a lender other than the agency.

Before investing in government foreclosures, be sure to read the full details of the property. Some HUD homes, for example, carry the requirement that the buyer to live in the home for at least one year. Some property is available without a broker or real estate agent, while other property can only be purchased using authorized brokers or agents. In addition, many listings require an “earnest money deposit,” which is a cash deposit paid at the time the bid is placed. The amount varies according to the value of the property, and is refunded to non-winning bidders.

About the Author: Alex Diaz has written widely on foreclosure and real estate. Visit his website, Foreclosure Deals for information and Government Foreclosure Listings

Recommended Web Site(s):

Easy Articles Home Page - Articles Directory

Recommended WhmSoft Web Sites, Feeds and WAP Address:

WhmSoft Software Home Page - Software
WhmSoft Services Login Page - Music and Images
WhmSoft Moblog Home Page - Blog - Photo Gallery
WhmSoft Free Online Games Home Page - Flash Games
WhmSoft Services RSS Feed - Daily Music, Image and 3D Flash Animation
Classical Music with Drum RSS Feed - MIDI and MP3 Files
Classical Music with Drum Podcast Feed - MP3 and MP3 Files
WAP / I-Mode / PDAs - Daily Music, Image and Flash Animation

Home Pages:

WhmSoft Free Articles for Reprint Home Page
WhmSoft Services Home Page - Music and Images
Copyright (C) 2006-2019 WhmSoft - All Rights Reserved.