INVESTING IN FORECLOSED PROPERTIES

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Foreclosures and short sales always look so enticing, but these kinds of deals require expertise. Taking on a foreclosure or short-sale property only ratchets up the process with more intensive rehabbing and certainly a lot more maintenance.

People buy distressed properties for various reasons. To learn about the most common strategies…

Click here to go to Buy and Hold

Click here to go to Fix and Flip

Click here to go to Outcome Desired

Click here to go to Wholesale

Click here to view Video: Foreclosure 101

Buying Foreclosures – A Risky Gamble?

From the graphic below, one can see that the greatest risk occurs when a foreclosed property is auctioned (court house steps), and the least risk occurs when buying bank-owned REOs.  There are other issues beyond those identified below, which add to the risk investors face when participating in the foreclosure liquidation market…

Opportunity Traditional Financing Subject-To Financing Title Insurance Inspections Eviction Required Overall Risk
Preforeclosure Yes Yes Yes Yes No Low
Auction No No No No Maybe High
Bank Owned Yes No Yes Yes No Very Low

Children’s H.E.L.P. mitigates the risk by deferring to the wise counsel of our team of experienced real estate negotiators, transaction coordinators, and finance professionals. And because we employ investors’ funds for buying and paying (materials & labor) for the improvements – we must be particularly judicious every step of the buy-fix-resell process.

Re-selling Revitalized Homes to Low-to Middle-Income Families and Individuals

The housing crisis is far from over, and we are working hard to make life better for the children of families that have lost their homes, or that have otherwise been displaced. After all, it’s the children who have been the silent victims of this housing crisis.

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