The first thing to consider is the equity in the home. Equity is the value of the home without the mortgage. For example, if you find a home that is selling as a foreclosure and that home is valued at $250,000, but is only selling for $200,000, that is an immediate $50,000 in equity! Equity [...]
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Must Haves For Rehabbing a Home
December 20th, 2009
Admin A driver’s license is never a guarantee that you will be safe on the road. A love for the broken. When you are in the business of rehabbing a home, you will be surrounded by broken stuff – from leaking roofs to clogged sinks to dysfunctional door knobs. Sometimes the whole property appears to be [...]

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