Get prepared-how to find-buy foreclosure homes-real estate crash 2021

Are you looking to find and buy a foreclosure home in coming real estate crash 2021? After February 28 2021, the government stay on foreclosures will be lifted and lenders will be allowed to foreclose on borrowers that aren’t or simply can’t pay their mortgages. So NOW’s the time to get prepared by becoming knowledgeable and getting training about your foreclosure process and how it all works before the crash. The mortgage delinquency rate has doubled since 2019 and from what I can tell there will be a tidal wave of foreclosures up for grabs in the coming months.
But Buying a house at the foreclosure auction is not an easy task and if you’re new you may want to get help. This video explains the current market trends and why I think foreclosures will be a great opportunity for the savvy real estate investor in the near future. We’ll further go over the steps in the foreclosure process you MUST be aware of.

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00:00 – Introduction
1:35 – Current market conditions
3:00 – Mortgage Delinquencies are up almost double
4:13 – Government backed loans are required to offer homeowner assistance
5:00 – The main challenge with buying a foreclosure
5:30 – My New Foreclosure Training Course https://aw8d9fb.aweb.page/p/e3eb4a37-a7be-4cbd-889d-b3e9f458005f
7:02 – You should know what loan position is foreclosing
8:40 – Title Search
9:12 – Location of the house and the foreclosure auction
10:10 – The winning bidder
10:35 – Down payment/Earnest money deposit
12:28 – Occupancy: owner or tenant occupied
13:10 – Insurance
13:40 – Estimating repairs on a foreclosure house
14:27 – Redemption rights

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#howtobuyaforeclosurehouse, #foreclosuretraining, #realestatecrash2021,

https://youtu.be/xUI9HNXl6ik