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This is the time of year to think about the lessons learned over the past year. So, maybe you just finished flipping a distressed property. Foreclosures are a big part of the business as a flipper and there is a lot to discuss. First, here's a quick brush up on the differences between the various terms from short sale, pre-foreclosure, and foreclosure? Top on the list regarding dealing with foreclosures is proceed with caution. This may be a tough thing while bidding in an auction so it's really important to do your due diligence on finding and researching the property. There are also many different types of foreclosures:
Magno and Sarah worked together with us from the first time we met at our booth during the Home Show in April 2019! Oh the Wonderful Things We Can Do in 2020! Below is the first flip of Magno and Sarah on Old Great Road in North Smithfield: This flip was on the market in just 3 months! 36 Cottage Street, Woonsocket NOW ACTIVE! |