Friday, January 13, 2006

Making a profit in HUD homes

Making a profit in HUD homes: "After searching the HUD website, i located a property in my city up for bidding. The home is priced at 115k. Homes next to it have recently sold for 120k. I can assure you they are equal in size and features.

I went by the house to look closer at it. It is obvious a new roof and gutters are needed for both the house and detached garage. The siding is in bad shape as well. There are traces of mold in the home, although i dont know to what extent. I have not seen the inside, but from looking through the windows you quickly notice the work which would have to go into that as well. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Secrets for Those Who Yearn to Buy a Brand-New Home

: "Are you about to venture out to shop for a home in a new development? Expect a plethora of alluring choices in upgrades offered by builders willing to tailor a home to your tastes.
'Customization is everywhere and in every price range. That's exciting -- but this trend also makes it easy to fall into overspending,' says Carol Smith, the author of several books published by the National Association of Home Builders. 'We've become used to having many options in products ranging from cars to computers. We also have rising expectations for our homes,' Smith says."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Reassuring Steps for the Nervous First-Time Homebuyer

: "For the novice homebuyer, the days, weeks and months before making the plunge can seem fraught with peril. Especially intimidating to some are the cumulative dollar figures of a long-term mortgage.
'When a lender tells you the interest and principal you'd pay over the full 30 years of a mortgage, the numbers can seem absolutely daunting,' says Keith Gumbinger, a vice president for HSH Associates, a firm that tracks mortgage markets across the country. But focusing on the full 30-year mortgage term can make a home-buying decision loom larger than it undoubtedly will be."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Things To Consider When Buying A Home

Westchester.com - Things To Consider When Buying A Home: "Home buyers must keep in mind that they can have control of the process- without the process controlling them. A home is often the biggest purchase in a lifetime, and any mistakes made during the home buying process can be costly.
New York State is a �buyer beware� state, which means that when a home buyer works with a traditional seller's agent, the buyer is responsible for verifying information presented about any property of interest.
Gary Herbst, an exclusive buyer�s agent and principal broker of Buyer�s Edge Realty in Tarrytown, recommends these key considerations:"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Web site helps in house buying

Web site helps in house buying: "It's hard to find the absolute right house, but these tips from www.ourfamilyplace.com should help.
Prepare before you go on your home search. Look at Web sites, listing tickets and newspaper ads. Read books or ask friends who've bought houses for their advice.
Get your financial house in order. Determine your budget, so you don't end up in a 'house poor' situation.
Get pre-approved for a mortgage. This not only gives buyers a sense of what the lender will loan them, it also makes the home-buying process easier by saving time and ruling out properties beyond your price range"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.