For Sale By Owner

Foreclosures/Sherriff Sales/Deals

These days investors are finding more and more that Foreclosures are occurring in areas more desirable where in the past perhaps this was not usually the case.  As a result, new investors not usually involved in these types of opportunities are finding their way to the auctioning floors. However, Buyer beware, these types of investments are not for beginners. If you want to “dabble” with these, make sure that you are represented by an experienced attorney.  What you believe might be a steal, may come equipped with, past due taxes, liens, and mortgages that your left with holding the bag.  A general rule of thumb is to perform a title search on any deal you may have an interest in. Find out exactly what survives settlement.  Know what you are getting into before you commit. Contact a Trends Select Realty Investment Specialist to help guide you through the process. For some additional FAQ about Sherriff Sales go to http://www.sri-sheriffsale.com/SheriffFAQ.aspx

Buying in These times…

With the real estate market bottomed out and the credit markets loosening, You must position yourself correctly to take full advantage of opportunities that will not be here in the coming years.  For first time homebuyers, the $8000 tax credit made available by the Obama Administration and expiring November 30, 2009 is an excellent opportunity to take advantage of. To find out more, go to http://wiki.answers.com/Q/What_are_the_important_details_on_8000_tax_credit_for_first_time_home_buyers For Investors, although housing has seen a slump and some commercial properties have experienced higher vacancies with lower rents, Multi-Family properties remain one of the strongest and more desirable investments in the Pittsburgh Region. The key strategies with these type of investments have seen little if any change.  Buy it at the right price and in the right location and the rest will come together.  Contact a Trends Select Realty Commercial Specialist to ensure that your property valuations are accurate. A proper pro-forma valuation adding in the unexpected expenses (ie. vacancies, capital reserves, delinquencies, management, etc.) will ensure you are investing wisely.