Showing posts with label foreclosure. Show all posts
Showing posts with label foreclosure. Show all posts

Monday, June 23, 2008

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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