The Professional Investors Secret: The Best Deals Aren’t Advertised

When it comes to investing in real estate, everyone knows that the internet has made it easier than ever to locate foreclosures, pre-foreclosures, short sales, and bank owned REO properties. Chances are your local Multiple Listing Service has hundreds of potential short sales and foreclosures listed at prices that are well below their original selling price prior to the housing market melt-down.

Banks Step Up Short Sale Incentives

Banks are stepping up their efforts to persuade struggling homeowners to accept a short sale instead of going through a costly foreclosure, according to new reports, with some banks prepared to offer borrowers up to $35,000 to ‘get out of jail’ earlier.

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