St George Foreclosures and Your Bottom Line
Posted by David Ellis on
In addition to the old adage, "Location, location, location," most real estate investing tips boil down to one common theme. Buy low, and sell high. Buying foreclosed homes is a great way to do just that. And by buying foreclosed homes in beautiful St George, Utah, with its red rock deserts, sandstone canyons, and excellent golf courses, you can effectively cover all the core tenets of real estate purchasing in one fell swoop.
A foreclosure is when the holder of a property lien is forced to terminate the lien before the expected date, most often due to a failure to make payments by the borrower. This action makes it possible for the lien holder to then place the property back on the market, with the intention of recouping whatever losses they may have…
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