Due diligence, Hard money loan, Mortgages and Short sale

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Due diligence

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How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

HomeLight

SEPTEMBER 30, 2020

The purpose of the foreclosure auction is to recoup money for missed mortgage payments or tax liens. To help collect this money, the home is listed at a foreclosure auction where it’s bid on and (ideally) won. The title’s been checked out, you can go inside the house and look at it and do all your due diligence.

Due diligence

Due diligence Hard money loan Finance Banks

Flipping Houses in New York: 5 Cities to Consider

HomeLight

MARCH 10, 2023

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Even if something went wrong, you likely wouldn’t end up losing money. If you’re using hard money or a mortgage to finance the flip, the lender will likely require it.

House Flipping

House Flipping Renovation Investor Finance

Residential Realty Today

How do Foreclosure Auctions Work? How to Find Properties, Research, and Bid

Flipping Houses in New York: 5 Cities to Consider

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