Foreclosure Investors find homes easier with the new Bankruptcy Reform Laws

Foreclosure Investors find investment properties easier with the new Bankruptcy Reform Laws

Gone are the days where a homeowner in foreclosure could stop the home foreclosure process with a simple filing of bankruptcy.

The 2005 Bankruptcy reform law now makes pre-requisites upon the homeowner before asking for an automatic stay.

This simply makes more homes available via foreclosure proceedings and you can get into one by either:
1- Contacting the homeowner before the sale date and explain their options and your services.
2- Make it to the courthouse and buy at the time of auction.
3- Contact the foreclosing bank and make them an offer to buy after the fact.

Every part of the country is starting to show higher numbers of home foreclosures and luck favors the prepared!

Happy investing and good luck


Visit House Foreclosure and Investing Blog to read Forclosure Experts discuss Foreclosure Investing and Strategies on a daily basis.

Foreclosure Investiong Alternative: Probate Property Investing Secrets

Foreclosure Investiong Alternative: Probate Property Investing Secrets

I just came across a report by Bob Bruss, an accomplished and well respected author, which outlines probate property investing, here.

This is a very good addition to your reading list and another tool in your foreclousre investing arsenal.

I am a firm believer in trying to diversify methods of researching, locating and investing in Real Estate.

Visit House Foreclosure and Investing Blog to read Forclosure Experts discuss Foreclosure Investing and Strategies on a daily basis.