How to Buy a Foreclosure & REO Property

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Francis Fernando

32 episodes

3 days ago

I experience this multiple times a day! I meet someone and introduce myself as a Real Estate professional. The usual response I get back is "I've always wanted to do real estate". Then, they proceed to tell me about a "deal" that "looks good". Fast forward, a year later when I meet that same person again and ask if they bought that "deal", the answer is almost always - "no I didn't". This is followed with a host of excuses. My podcast will explore interesting business transactions with a focus on how much income was generated along with the best "do it yourself" steps.

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How to Buy a Foreclosure & REO Property - Part 1

Francis Fernando

29 minutes 14 seconds

5 years ago

How to Buy a Foreclosure & REO Property - Part 1

There is a saying in real estate investing that goes like this: "you make money in real estate when you buy". What better way to make money than purchasing a distressed property that is already discounted? In this 2-part video series I will cover the basics of how a property becomes a foreclosure and REO (Real Estate Owned) and then how to confidently bid and perform your due-diligence before buying at an auction.

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#realEstate #ralEstateAgent #invesInRealEstate

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Email: francis@francisfernando.com