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Real Estate investing
Essay specific features
Written by:
Timothy B
Date added:
July 2, 2012
Level:
University
Grade:
A
No of pages / words:
4 / 881
Was viewed:
628 times
Rating of current essay:
Essay content:
The basic idea is to look for a house that needs work and can thus be bought for a lower price. The buyer will then buy the house and do the majority of repairs themselves to save on costs, and then sell the house for market price. Many homes are available at a discounted price and with a little effort, they can be found extremely discounted...
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Many homes are available at a discounted price and with a little effort, they can be found extremely discounted. These deep discounted homes are often referred to as HUD homes. They are homes that have been foreclosed on, usually for default of payment, and will be auctioned off. Usually the minimum price is what is owed to the bank...
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