13. The Best Foreclosures to Buy?


According to Wil Grant of Foreclosure Data Bank, banks have the safest and best foreclosures for sale. Just walk into a bank and ask who’s in charge of that department. Get to know this person and maybe you’ll get on his or her short list. Just like RSS. Usually these home owners just fell behind in their mortgage payments. Often these houses have no liens or back taxes. You can buy them for 10-15% below market. Banks simply offer a new mortgage loan to you. Deal directly with the bank. That’s what Wil Grant says. He’s promoting his site but the advice is sound. No one says you have to use Wil, though he may be a great guy. Read Wil’s article at Free Artilce Submission Blog.