Video Series: 7 Secrets of Buying Foreclosures
Series introduction
Foreclosures can be tricky, so we've created an educational video series to help you learn more about the benefits and pitfalls of buying distressed properties. Whether you're searching for your first home or are an experienced real estate investor, RealtyTrac’s Secrets of Foreclosure series will open your eyes to a whole new way of looking at real estate investing.
Learn the secrets the pros use to score incredible real estate deals!
Our new exclusive series, Secrets of Foreclosure, for members only, has brought together up-to-the-minute advice from top real estate investors and foreclosure experts to help you through the journey.
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Video 1: Three Opportnities To Buy Foreclosures
Three Opportunities to Buy Foreclosures
Buying a distressed property can be financially rewarding but it also requires understanding the phases of foreclosure and stats and trends in a market. Then you’ll need to match these properties... [watch video]
Video 3: Dealing with Homeowners in Foreclosure
Dealing with Homeowners in Foreclosure
Depending on the stage of the foreclosure process, you may need to contact the homeowner to make an offer to purchase the property. Watch this video to find out how to work with property owners and the psychology of making... [watch video]
Video 5: Understanding a Bank’s Role in Foreclosures
Understanding a Bank’s Role in Foreclosures
A bank-owned or real estate owned (REO) property is one that has reverted to the mortgage lender after the home fails to sell in a foreclosure auction. REOs are a noteworthy part of the housing market mix... [watch video]
Video 7: Principles for Real Estate Investing
Principles for Real Estate Investing
Buying a foreclosure presents opportunities as well as challenges. Watch the video on the three “Ps” of foreclosure – patience, persistence and profits and then get started! [watch video]
Video 2: Evaluating Foreclosures
Evaluating Foreclosures
When looking for a distressed property, there are two essential information-gathering techniques to help you make the best decision. This video explores how to maximize them both. [watch video]
Video 4: Foreclosure auctions
Foreclosure auctions
If the loan for a property is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. In this video, auction expert Jeff Pinter provides pointers on the potential benefits and risks of buying a property... [watch video]
Video 6: Building a Team
Building a Team
A successful real estate investor has one key asset – a successful foreclosure investing team. In this video, two investors discuss their approach to building and nurturing the people that help them quickly purchase a property and ensure a smooth closing. [watch video]
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