Learn about foreclosures as soon as they hit the market.
Foreclosure.com gets you a step ahead with the nation's most up-to-the minute lis pendens filings.
With the volatile stock market, many investors are turning to the real estate market as a successful investment alternative. Purchasing a distressed property, which you can often find for 30 to 50 percent below market value, is a great way to build wealth in real estate.
Even if you've never thought about purchasing foreclosures before, or have been capitalizing on them for years, Foreclosure.com offers everything you need to profit from real estate investing.
The preforeclosure period is usually the best time to purchase a distressed property. Preforeclosure begins when a lender first notifies a borrower with either a lis pendens or notice of default – depending on the state in which the property is located – that his or her loan payments are delinquent.
Because a foreclosure can severely limit a borrowers' future credit options, he or she is far better served to sell the property before it goes into foreclosure. Especially if the borrower has no other means to bring the payments up to date.
Accordingly, a property owner with a home in preforeclosure can be a motivated seller. Sometimes, these homeowners just want to get money for the balance left on the loan to get the lenders off their backs. That's the reason you could save thousands on a house in preforeclosure and receive instant equity in the property.
There are other amazing real estate investing options available on Foreclosure.com.
We also offer a comprehensive database of tax liens, which are traditionally safe and lucrative investment opportunities. When you purchase a tax lien, you essentially loan money to a property owner to pay his or her taxes. In return, you either collect significant interest on your investment – sometimes as much as 18 percent – or you get to keep the entire property if the homeowner doesn't pay his or her tax bill.
Both scenarios will usually provide you with a solid return on your investment.
From the most accurate property information to the resources necessary to invest wisely, Foreclosure.com has all the tools you need to profit from real estate investing.