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Choosing Real Estate Foreclosures: The Real Work

Article by Joseph B. Smith

When browsing through lists of Indianapolis Real Estate foreclosures, emphasis must be made on the quality rather than on the number of properties that you will view or follow through with research. The reason is this: many people have become similarly interested in Indianapolis foreclosures and burdening yourself with too much homework will only prevent you from finishing it early and getting a good jump ahead. In foreclosure investing, one of the best ways to beat the competition is to be at least several steps ahead.The reason for this is simple. The inventory of foreclosures consists of unique properties, which means that no two properties are exactly alike. If you missed on one good property, it means that you have missed it for life. Although Indianapolis Real Estate foreclosures come in various types and kinds such as government foreclosures, REO properties, auction foreclosures, apartments, condos and many others, it is still important that you can and are able to get your first choice.Choosing From the InventoryThe best way to choose the best Indianapolis Real Estate foreclosures is to do it systematically. First, you will need to create a shortlist of properties as you browse through your lists. The important thing to remember about a shortlist is to always go by well-defined criteria to effectively limit your search to those that satisfy these criteria. This will shorten and cut your research time in half.Second, you need to plan and prepare for your home inspections. When inspecting properties, the same amount of work must go into the preparation as much as in the actual inspection itself. Document your inspection. Bring a digital camera, so you can photograph the most essential parts of your visit. Take down notes, so you can remind yourself of what to follow through or look for in your other inspections.A home inspection is a must, especially if you are buying government foreclosures. Some of these properties are in need of repair and some maintenance work. Being aware of a property’s actual condition is the best thing that you can do to secure your investment.Finally, before you jump in on a deal, it would be good for you to tour your top choices a second time. This will give you a chance to recheck the property and ask questions that you have not asked before simply because it was your first time to visit. A second visit will most definitely allow you to see Indianapolis Real Estate foreclosures in a different light and provide you an opportunity to reflect before you decide.

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or more helpful government foreclosures information, visit ForeclosureDataBank.com. Find great deals on Indianapolis Real Estate foreclosures and in any other location across the country. Check it out and find your next home today!

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Real Estate Careers – Work From Home As a Tax Sale Overage Recovery Professional

Article by Maggie Dawson

Those interested in real estate careers should jump all over a golden opportunity that is currently sizzling hot – recovering tax sale overages. There’s no telling how long this opportunity will be around, but the next couple of years are key for making serious money in the real estate industry without owning or selling property. Other real estate careers just can’t measure up.

If you’ve never even remotely heard of a tax sale overage recovery specialist, you’re in the majority – and this is why there’s so much potential income to be made. Most people, including former owners of tax sale properties, aren’t even aware that tax sale overages exist. These are the funds that are bid over the amount of taxes that are owed on a delinquent property, when the county finally gets around to auctioning it off.

These funds are frequently held for their non-paying owners to collect (it is their equity, after all). Most don’t realize it, for whatever reason – they’ve moved on, or just wanted to distance themselves as much as possible from the whole tax sale ordeal and assumed the government kept all the cash. What that means for people looking for real estate careers is that there is a TON of money to be made in finder’s fees for reconnecting these owners with their money.

Not only that, but these funds (and many other types of funds as well!) aren’t governed by state law, since they are usually created locally. That means no finder’s fee caps in most places, whereas state-held funds, like the ones you’d find on treasure hunt state websites, usually limit finder’s fees to around 10%. That means you can charge any finder’s fee you like (40-50% is pretty standard for the few folks who do this as a living).

As you can probably imagine, with foreclosures skyrocketing still to this day, and overages running into the tens of thousands of dollars, as far as real estate careers go, the earning potential here is pretty much unbeatable. 40% of a ,000 overage is a nice ,000 payday for the grand total of 8-10 hours of work most cases require. Now’s the time to get into this field, before the laws change.

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So where to find records of these funds, and how to find their owners? Read the *free* Hooked On Overages “Insider’s Guide.” Visit http://Tax-Sale-Overages.com now.

Or, take the *free* 5-day Video Training! Visit http://Overages-Training.com now.Distributed by ContentCrooner.com