Foreclosures are a fact of life, and foreclosure laws are very favorable to the astute real estate investor. Foreclosures happen for a multitude of reasons; loss of job, medical bills, job transfer, estate or probate, or a significant drop in home values are but a few of the common reasons for foreclosure. The key point is to understand that we have been buying homes using the exact acquisition methods we use today, in Bear Markets and Bull Markets and everything in between. The fact is that through our SBD Housing Program, we are buying houses cheaper than anyone else can possibly dream of.
The Foreclosure process varies from state to state between either a JUDICIAL PROCESS with statutory rights of redemption, or a DEED OF TRUST state as in Missouri. The Missouri foreclosure process has been dubbed a “power of sale” state because the mortgage contract (“Deed of Trust”) grants the Trustee the authority to sell the property on behalf of the Homeowner, thus the “Power of Sale”. Once the Trustee has received funds, the ownership transfers immediately, normally the same day!
SBD Housing has been buying houses at these Trustees Sales since 2002 and has been the premier supplier of pre-foreclosure homes in Jackson County during the past decade. Our Buying Advantage hinges on the thorough understanding and best use of pre-foreclosure and foreclosure buying techniques.
Buying a home with SBD Housing Solutions means you are buying BELOW wholesale. Just the best deals that the public don’t know about!
