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Why Are Some Northeast OH Foreclosures and Short Sales Being Sold With Tenants Still In The Property?

Northeast OH – A person recently asked me about how the banks foreclose on properties with a tenant living in it.

“Why would a bank go to the trouble of a foreclosure if there is already a tenant in the house paying them?”, they asked me. That’s an interesting question.

Click here to discover . . . → Read More: Why Are Some Northeast OH Foreclosures and Short Sales Being Sold With Tenants Still In The Property?

Northeast OH Short Sale Question: Should I Short Sale My Home?

Northeast OH – The Stop Foreclosure Institute recently received a question from Sergio. Here was his question.

“I have owned my house since 2006. My employer reduced my salary by 30% and now I have to move out of state where I have found a new job.

The house is a problem. Since 2006 . . . → Read More: Northeast OH Short Sale Question: Should I Short Sale My Home?

A Few More Tips On Buying Northeast OH Rental Property

Northeast OH – The return on investment is very good because of a tight rental market caused by the housing crisis. Rents have increased while home prices have dropped.

Single Family Homes are the best way to go because they are easy to rent and you can prescreen for the absolute best tenants. Good . . . → Read More: A Few More Tips On Buying Northeast OH Rental Property

How To Get Your Finances Back On Track After A Northeast OH Short Sale. Buy Rental Property

Northeast OH – Buying a rental property can be an excellent long term investment. Some of the wealthiest people I know made their millions from rental properties.

They started with a house and gradually moved up to apartment complexes. But, does it make sense for everyone?

Click here to discover how other sellers successfully . . . → Read More: How To Get Your Finances Back On Track After A Northeast OH Short Sale. Buy Rental Property

Northeast OH Short Sale Question: How Is Short Selling A Rental Different From Your Personal House?

Northeast OH – The Stop Foreclosure Institute recently received a question from Brett. Here was Brett’s question.

“How is the short sale process different for a homeowner versus a rental property? Is the owner of a rental property more likely to have a deficiency judgment and/or be taxed on the deficiency than a someone . . . → Read More: Northeast OH Short Sale Question: How Is Short Selling A Rental Different From Your Personal House?