Video – How Does A Real Estate Foreclosure Auction Work?
Are you curious to know how does a real estate foreclosure auction work? There are some things you need to consider before diving into the foreclosure business! Watch this video to learn all about foreclosures and how this business works!
Watch And Enjoy!
Key Moments In This Episode
00:00 Intro & Summary
00:45 Investing In Foreclosures vs Tax Lien Certificates
01:31 Why Real Estate Foreclosure Auctions Happen
03:17 What The Real Estate Foreclosure Business Is Like
04:57 How Does A Real Estate Foreclosure Auction Work
06:20 Where To Find Real Estate Foreclosure Auctions
07:04 What Happens To Property Owners When A Property Is Foreclosed
07:50 Who Sells Foreclosure Properties?
08:26 What Are The Risks Investing In Foreclosures?
08:48 The Goal Of Banks In The Foreclosure Business
09:26 How Much Are Properties At Foreclosure Auctions?
10:28 Advantages Of Banks In Foreclosure Auctions
12:50 Can I See The Inside Of A Property Before I Buy It At Auctions?
13:21 Should You Use A Realtor To Sell The Property?
14:14 Big Mistakes To Avoid At Property Auctions