Article Friendly article publishing script homepage.
Translate Page To German Tranlate Page To Spanish Translate Page To French Translate Page To Italian Translate Page To Japanese Translate Page To Korean Translate Page To Portuguese Translate Page To Chinese
  Number Times Read : 748    Word Count: 450  
Categories

Accessories
Allergies
Arts
Asthma
Business
Career
Cars and Trucks
CGI
Christmas
Coding Sites
Computers
Cooking
Crafts
Current Affairs
Databases
Divorce
Education
Employment
Entertainment
Environmental
Family
Film
Finances
Gardening
Green Technology
Health & Fitness
Healthy Living
Holidays
Home
Internet
Legal
Marriage
Medical
Men Only
Motorcyles
New Age
News & Society
Our Pets
Outdoors
Parental Care
Real Estate
Relationships
Science
Self Improvement
Sports
Staying Fit
Technology
Travel
Web Design
Weddings
Weddings
Weddings
Women Only
Writing
 
Stats
Total Articles: 476
Total Authors: 34
Total Downloads: 1537704


Newest Member
Jesse Gammon

 


   

Banking - Bank Owned Foreclosure: The Potential Rental



[Valid RSS feed]  Category Rss Feed - http://www.articles23.com/rss.php?rss=232
By : Ron Lovell    99 or more times read
Submitted 2012-03-26 08:47:40
A bank owned foreclosure makes for a great rental property. Let us say that you have good credit and you have a solid amount of money that could be used for investment. You could take a tumble with the stock market or you could put your money into other investments. What you should be doing with those funds when purchasing low cost homes and investing in your community. As more people than ever move into rental properties because they have lost their homes, now is the best time for the potential property owner to get started. A bank owned foreclosure really can help you to accomplish this goal.

A bank owned foreclosure is one that the bank is selling, usually at a good price, sometimes below the home's actual value. They need to sell the homes to get their money out of them and into situations that are more profitable. Many of these homes are well taken care of, too, which means some do not require a lot of investment in them to get them fixed up and ready to sell. However, why should you consider a bank owned foreclosure property for your next investment?

The Rental Gives Long Term Benefit

Real estate investors are having a hard time with flipping properties because of the large inventory of properties on the market. Additionally, many of these properties are now priced well, so a real estate investor will see fewer homes that are priced below their value. It takes money to invest, time to sell and a lower profit potential with these homes. However, for the rental opportunity, these are not problems. A bank owned foreclosure works well here because the property owner will see a long-term appreciation in the house value but will still make a profit by renting the property out.

In addition to this, there is the growing demand for quality rental property. You could buy and rent property in some of the country's most ideal locations including tourist areas and have a long-term rental. Alternatively, you could rent out these properties closer to home and help your community. In either case, there is potential because the demand for quality homes is out there.

As you consider how you will enter the real estate market, consider what bank owned foreclosure property could do for you. If you are considering investing in bank owned foreclosure because of its affordability for getting into a quality home, then this works well. If you want to flip the home quickly, this may be much more difficult in some of the markets across the country.
Author Resource:- Ron Lovell can be found at: Best Credit Repair orHome Loans Free Report hostgator coupon
Article From Ezine-Articles 23

Related Articles

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.




Firefox users please select/copy/paste as usual
Rate This Article
Vote to see the results!

Do you like this article?
  • Yes.
  • Not Sure.
  • No.
New Members
select
Sign up
select
learn more
Affiliate Sign in
Affiliate Sign In
 
Nav Menu
Home
Login
Submit Articles
Submission Guidelines
Top Articles
Link Directory
About Us
Contact Us
Privacy Policy
RSS Feeds

Actions
Print This Article
Add To Favorites

 
Sponsors

Purchase this software