Читать книгу Foreclosure Investing For Dummies - Ralph R. Roberts - Страница 19

Performing Your Due Diligence

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After you find a potentially profitable foreclosure property, the real work begins: performing your due diligence to avoid getting burned. To protect yourself from the many inherent risks of foreclosure investing, dig up the essential facts and figures so that you know what you’re buying and what it’s worth, as well as your options for purchasing the property for less to maximize your profit.

Thorough research requires you to dig up the following essential information:

 Names of the homeowners

 Amount owed on the property

 Lienholder names and contact information

 Physical condition of the property

 Homeowners’ current situations and motivations

 Market value of the property

The following sections introduce you to the types of research to perform as part of your due diligence, but proper research requires much more than I can cover in this chapter. For additional details, see chapter 8.

Foreclosure Investing For Dummies

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