![]() ![]() I love this review from Rico, who explains that is “NOT A SCAM:”į is legit, although it could have a higher review rating. It has an average 3-star rating on Trustpilot and has an A+ rating from the Better Business Bureau. The long and short of it is that, yes, is a real website and it’s 100% legitimate. While is a paid database, it does offer a free 7-day trial (credit card required) for you to see it in action. It claims to save investors 20 – 50% on the price of a property, helping investors spot good deals before everyone knows about them. Since 1999, has connected real estate investors with distressed properties across the US. The database lists different types of foreclosures, including: That’s where comes in.į is a database of 1.8 million + properties, which includes single-family homes, condos, townhomes, and even mobile homes. Of course, it isn’t always simple finding foreclosed properties, especially in a hot market. If you buy the right property, you can either fix it up and sell it or rent it out at a profit. As a result, foreclosures are sold in “as is” condition, which means the new buyer is on the hook for repairs.īuying foreclosures isn’t for everyone, but if you want to get into real estate and don’t have a ton of cash on hand, it can be a great way to get started. More often than not, lenders will then turn around and sell the foreclosed property at a discount to cut their losses. But it does not affect our recommendations or advice.Ī foreclosure happens when a lender (usually a bank) reacquires a property because a borrower couldn’t keep up with their mortgage payments. This may influence which products we mention, review, and where they appear on our site. We’re paid by our brand partners and advertisers. ![]() However, we’re proud of the financial education and guidance that we provide at no charge. We do not feature every company or financial product available. We want everyone to be able to make educated financial decisions. Previous market performance does not guarantee future performance. The examples we provide are hypothetical and we encourage you to get advice from a qualified professional regarding specific investment, tax, legal, and financial issues. Minority Mindset does not and cannot guarantee the accuracy or applicability of any information regarding your individual circumstances. But these are for informational purposes only, they’re not investment advice. We do our best to provide financial education with our free videos, articles, tools, and other self-help content. Always do your own due diligence and never blindly listen to a random article on the internet. Minority Mindset, LLC is an independent, advertising-supported publisher. ![]()
2 Comments
8/30/2023 04:05:18 am
This foreclosed homes article is a goldmine of insights. It brilliantly navigates the complex world of real estate, offering valuable guidance for potential buyers. Kudos for shedding light on this crucial topic
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8/30/2023 07:16:35 am
I wanted to take a moment to express my sincere appreciation. Your dedication and hard work are truly admirable, and the results are nothing short of outstanding. Thank you for consistently exceeding expectations!
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