It’s a great time to invest in the Fort Worth/Arlington area. As housing prices are currently undervalued, but are expected to climb soon. According to a report by Moody’s Economy.com Housing prices in the Fort Worth/Arlington area are undervalued. Moddy’s evaluation is based on price-to-income ratio, which fell from 3.95 in the forth quarter of [...]
It comes as no surprise that foreclosures are at an all time high. There were almost 6,000 properties scheduled for foreclosure in October in the DFW area. That means almost 6,000 potential deals. Short selling maybe necessary to get a deal, but banks are more willing to short sell than ever before. It’s a good [...]
This is the 2nd part of a 3 part article on the stages of buying foreclosures. There are 3 stages to buying pre-foreclosures. These three stages, analyzing, hunting and convincing, are accomplished for the purpose of achieving one goal. That goal is to find an owner with sufficient equity, who is willing to sell his [...]
This is a 3 part article on the stages of buying foreclosures. There are 3 stages to buying pre-foreclosures. These three stages, analyzing, hunting and convincing, are accomplished for the purpose of achieving one goal. That goal is to find an owner with sufficient equity, who is willing to sell his property before the auction [...]
The tricky part about auctions is analyzing all of the property values and looking at the properties before hand. The earlier you can get the list of properties to be auctioned the better off you will be. In Texas, you need a local company. The national companies update their systems too slowly for Texas’s 3 [...]