Foreclosure Basics
The foreclosure process is a little different depending on the state you live in. The first thing you need to do is learn about the specifics of the foreclosure process in your state. Try going to ****Must Reach Freshman Investor status before posting URL's*** There is a tremendous amount of good information here.
Next you need to understand any specific rules/laws (if any) that exist in your state for working with homeowners in foreclosure. For instance in California, where I live, there are strict guidelines on how properties are purchased in foreclosure. If these laws are not followed, it is considered a felony. You may not have similar laws where you live but you need to know the rules before you start your investing. I hope this steers you in the right direction.
Happy Investing
Hope
What is the URL? Does anyone know of other sites that detail the law of foreclosures according to state?
hi
can you kindly send me the website address please. see profile
amynewbie
Me too.
You may PM or email me
have you guys tried searching goverment web sites or simply going to google and search for foreclosure laws in your specific state? This stuff is all public information...
- Ryan J. Schnabel