The Real Estate Wonk on Foreclosures

Jamie Smith Hopkins, over at The Sun, has a piece today on finding foreclosures. Great as far as it goes, and you should bookmark all the links she includes, if you haven't already.

But professional investors, take note: she says nothing about marketing for foreclosures, and the inherent dangers therein. If you are actively marketing for foreclosures, e.g. "We Buy Houses -- Avoid Foreclosure", you may be courting legal trouble if/when you buy a foreclosure.

The Real Estate Wonk: How-to Monday: Finding foreclosures - Baltimore and Maryland real estate market, homes, foreclosures, mortgages - baltimoresun.com

Like she says, avoid the auction, and go right to the REOs. Much safer, IMO.

Cass

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