Foreclosure Sales

Lien state (Florida) is when a mortgage is given as the security instrument that has to be foreclosed through a judicial process.

All Safe IRA Foreclosure Sales are a 50/50 partnership program.

Foreclosure sales are typically purchased at 50-60 cents on the dollar of retail value of the home. Rehab costs are commonly around $5,000, and will rarely exceed $10,000. After rehab, the homes are marketed at 10-20% below market value. As the best product at the lowest price in the neighborhood, the homes are able to be turned quickly.

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