what are the steps to follow to get real estate that is in foreclosure or take over somebodies mortgages?
there are multiple website that show you where the real-estate opportunities are. however, there are ways to acquire homes without the involvement of banks or real estate agents for huge equity.if anyone has good advices do share.
bank loans and real estate is not what I am looking for here
Tags: Estate, follow, Foreclosure, Mortgages, Over, Real, somebodies, steps, Take
You won’t be taking over someone else’s mortgage because almost all of them are non-transferable. Hey, even if you took over their payment, THEY would own the house when you pay it off. YOU can’t sell it because it is their house.
Those websites are more interested in selling you classes or books/CDs or lists. That’s how THEY make money. Unless you’re an experienced real estate investor, you are not likely to hit the jackpot. Those commercials you see on-line or on late-night TV feed off your greed.
Foreclosures are listed by the mortgage lenders with the local real estate office
You cannot take over a mortgage. You must find your own financing. Those websites just want your money and personal information
I think you need to inquire personaly to the company…