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 Foreclosure Tutorials

Not many tutorials on how to purchase pre-foreclosure and foreclosed properties as an investment exist online. However, the basics are all anyone needs to hunt for further information.  Remember that each state carries specific laws that relate to purchasing foreclosures and these laws are changing every day. Be sure to check with local resources before you make a decision to invest in a foreclosure.

To review ALL foreclosure laws, by state, Click Here.

  1. About Buying HUD Homes: Straight from the U.S. Department of Housing and Urban Development (HUD) to you - a guide on how to buy a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage.
  2. Buy Bank Homes: BuyBankHomes (BBH) and Real Estate Fortune, LLC have teamed up to offer BBH members the training and resources they need to have a competitive edge in today’s fast paced real estate market. This company provides distance coaching using the phone and Internet, and they offer a premier 90-Day Challenge Training live three times per year. They also offer a special “One-on-One Personal Mentorship Program.” You choose the training program that is the best fit for you.
  3. Buying a Home in Foreclosure - The Basics: Foreclosure City offers a down-to-earth tutorial tht leads into more advanced topics and articles, including their Foreclosure Buying Toolkit.
  4. Home Buying Institute: This site offers great advice for first-time home buyers, and this linked portion provides basics on how to purchase foreclosures.
  5. Free Foreclosure Tutorial: This document, among others listed on this page, are free to download and read.
  6. Foreclosure Free Research: A list of Q&A about foreclosure investment properties. If you can get past the Q&A on how to use this site, the questions are appropriate and the answers are short and sweet.
  7. Foreclosure University: Although you’ll pay to take this course, the Web site is filled with plenty of free information, including individual state foreclosure laws, foreclosure listings for each state, free reports and articles and a glossary of foreclosure-related terms.
  8. MSN Guide: This article explains the safest way to purchase foreclosures.
  9. Realty Store Foreclosure Tutorial: The purpose of this tutorial is to provide an overview of the foreclosure process and to help you get started in achieving your real estate dreams.
  10. Realty Trac Foreclosure Tutorial: This tutorial explains the do’s and don’ts when considering a foreclosure list.
  11. Ways to Buy Foreclosed Property: U.S. News offers information about three keys ways to purchase foreclosed property.

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