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Real Estate Investing Information

Dec 14

An Untapped Real Estate Foreclosure Niche

Garforth Community College, Lidgett Lane, Leed...

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Home owners aren’t the only ones suffering from the downturn in the economy. Many student rentals are also being foreclosed on. This opens up another niche available for real estate investors that live in or near colleges towns.

Real Estate Foreclosure Auctions: How to Bid Smart

Since the real estate market has taken a huge plunge as foreclosure rates skyrocket, there are more and more opportunities to purchase property through real estate foreclosure auctions. The current state of the economy may scare some people off, but it will jump back in time. Homes may not be worth as much right now as they were before this downturn, but housing is something that will always be in demand. Some investors really believe putting your money in housing is as good as investing in gold

Do Your Homework

Succeeding at real estate foreclosure auctions is more about fortitude than being lucky. If you are looking to turn a quick buck in an easy business then this is not the market for you. If you completely understand that this is a long term commitment that does come with risks and know what to do with the property after you win, then this may be a fit for real estate foreclosure auctions. –more

Foreclosures Have Led to an Increase of Homeless Students

Foreclosures have led to an increase of homeless public school students especially in Indiana. In the past few years the figures have jumped thanks to heavy foreclosure and high unemployment figures. More and more parents are finding it difficult to provide their children with stable homes.

In the school year of 2005/2006 the public schools in Indiana noted 7,547 students who were homeless as per a brief released by Indiana Youth Institute. The figures spiked to 8,249 in the subsequent year. In 2007/2008 it went up to 8,480 marking 12% increase covering the previous two years.

The numbers are not inclusive of the junior students who are not yet of school-going age or the “unaccompanied youth”. It is difficult to get these numbers because the latter are surviving on their own and frequently do not seek assistance from shelters. –more