Foreclosures in Queens NY

1
(No Transcript)
2
Foreclosures in Queens NY
3
7 Habits of Highly Successful Property Investors

• For many people looking to buy or sell their
  home, foreclosures in Queens NY offer an
  appealing option to get the property they want at
  a lower price. However, its not always clear
  whether this option is right for you. This
  article will help you determine whether
  foreclosure properties in Queens NY are the right
  fit, and it will also help you find these
  properties and get involved in the process if
  its what you want to do.

The old axiom goes, cash is king. Successful
investors are no strangers to hard work and long
hours. Theyre also not afraid to roll up their
sleeves and get into some serious elbow grease
when it comes time to get things done. Theres
always room for improvementand that means
staying on top of ever-changing regulations,
trends, and demographics.
To help you get started, here are seven habits of
highly successful property investors
4
4 Reasons Why Investing in Houses is Worth It

• 1 Create a business plan.
• 2 Watch out for distressed properties.
• 3 Treat all your properties like theyre your
  own.
• 4 Dont get overextended.
• 5 Stay close to home (for now).
• 6 Start small and local (at least).
• 7 Stay humble and hustle (always).

If youre interested in real estate and you want
to make money fast, buying a house with
foreclosures in Queens NY is one of your best
options.
Here are four reasons why
1 they cost less than other homes.
5
What Are Foreclosures?

• 2 they can be profitable immediately.
• 3 theyre easy to sell.
• 4 there are tax benefits.
• Lets explore each of these advantages more
  closely.

A foreclosure is when someone doesnt pay their
mortgage for several monthsand as a result,
banks repossess their home as collateral for
those missed payments. In most states, after
being vacant for two or three years, that
property then becomes available to purchase from
banks at greatly reduced prices through
foreclosure auctions. Because these houses cost
significantly less than homes purchased
elsewherein part because they need repairsthe
profits from flipping them tend to be greater
too. However, its also true that repairs tend to
take longer and will likely require more
labor-intensive approaches since all tasks must
be completed before these properties can receive
building permits from local authorities.
How to Save on Closing Costs
6
Guide On Finding Properties With Good Investment
Potential

• Purchasing a home is not just an expensive
  proposition, its confusing and it can be
  time-consuming, too. When you think about all of
  that effort and money going into purchasing a
  home, every dollar saved on closing costs means
  one more dollar towards your down payment or
  renovations. With some forethought and effort on
  your part, you might be able to save as much as
  5,000 or more by negotiating fees down or
  avoiding them altogether.
• For example , seller paid closing costs are very
  common, so if you shop around with different real
  estate agents and identify those with connections
  to particular sellers, you may be able to
  negotiate for seller-paid closing costs. Many
  sellers offer low-cost home equity loans as well
  keep those lines of communication open. An
  independent mortgage broker may also help find
  attractive mortgages with low rates and low
  payments choose someone who has experience
  working with first-time homeowners as many
  companies specialize in servicing commercial
  clients.
• If such benefits arent offered directly through
  your loan officer or bank, ask if they have
  access to government programs that may help
  offset certain housing-related expenses
  consider requesting their assistance getting
  enrolled in various tax credits for homeownership.

7

• Knowing how to find good properties for
  investment, even in uncertain market conditions,
  is an important skill if you want to get involved
  with real estate investing. You can look at
  houses listed on sites like Zillow or Trulia, but
  its hard to know what youre really looking at
  just by looking at pictures. Thats why its a
  good idea to use an agent who specializes in
  foreclosures in Queens NY.
• They have contacts within banks and other lending
  institutions that help them be among some of the
  first to know when a property goes into
  foreclosure. This gives them plenty of time to
  investigate and research each home so they know
  exactly what theyre getting themselves into. It
  also gives them enough time to form relationships
  with those doing the selling so they can buy
  homes at bargain prices.
• To learn more about using an agent, check out our
  guide The Guide to Finding Properties for
  Investment Agent vs Online Searching.
• 1) Use social media as much as possible Post
  content regularly on Facebook and Twitterand
  reply quickly to any questions people may have
  about your services or niche expertise.

8
Contact Us

• Address - 8315 Northern Blvd., Suite2, Jackson
  Heights NY 11372
• Phone - [phone]
• Fax - [phone]
• Email - info_at_premiercreditplus.com
• Website - https//premiercreditplus.com/
• Blog - https//premiercreditplus.com/foreclosures-
  in-queens-ny/