When youre interested in investing in any type of foreclosure homes, look for public listing foreclosures as well as repo houses to get an idea of whats available in a neighborhood that you want to live in or in an area you think may provide you with a solid resale profit.
Some of the rooms in a home you should pay special attention to are the ones that people traditionally focus on, like the bedrooms. It wasnt that long ago that if a bedroom was big enough for a bed, dresser and nightstand, that was all you really needed. However, if you are trying to keep pace with the way things are updated in todays world, you need to focus on the bedrooms for a different reason in the repo houses that you are looking at.
Modern requirements say that a 10? x 10? bedroom is the bare minimum. Remember that a master bedroom suite with a large walk-in closet and an attached bathroom is considered an absolute must feature, because it appeals to married people as well as those who are planning to have children.
When youre looking through public listing foreclosures as well, keep in mind that kitchens, living rooms, and family rooms are social gathering areas that have the best chance of resale when they are large, attractive and comfortable spaces.
You might even want to carefully inspect the laundry room in repo houses and visually survey the ceilings to look for any water damage or other stains, and observe the water pipe connections to the washing machine to make sure that everything is present and accounted for.
E-ForeclosureSearch.com, your source of nationwide foreclosure listings on the web. Find hundreds of thousands of foreclosed homes for sale, including government and bank foreclosures, pre-foreclosures, foreclosure auctions and more. Start investing in the foreclosure housing market today.
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