Buying Foreclosure Properties

Buying Foreclosure Properties

Definition:

“A foreclosure property is a piece of real estate that a mortgage lender sells to pay off a defaulted mortgage loan. Every foreclosure culminates in a public auction where the lender sells the property and anybody can purchase the property. Or you can purchase a foreclosure property from a bank after the bank purchases the property at the auction.”

The real estate market is showing increasing signs of recovering and there are great investment opportunities to be found. Home prices are still relatively stable and interest rates are still very attractive.

However, whether buying for a primary residence or for investment purposes, there are still some basic guidelines to follow when considering buying foreclosure properties.

Below are my 4 Buying Foreclosure Properties Tips

1. Work with a broker.

It does not matter if you are buying a foreclosure for investment or as a primary residence, it is really helpful to have a broker help with the process.

Neighbourhood is one of the most important factors when it comes to buying a home and a broker is worth their weight in gold when it comes to knowing the local real estate market.

2. Do the financial due diligence.

All we need to do is remember the real estate market crash to see why it is important to do a thorough financial due diligence when purchasing a home.

Be realistic about your budget and how much home you can really afford. If the home is an investment purchase, can you make the mortgage payment if you have to carry the mortgage for a few months?

That can happen with investment property so be sure you factor in at least six months of mortgage payments just in case.

Also factor in the cost of any repairs. This is especially true with foreclosure purchases which are often sold ‘as is’ which means they often need repairs.

Verify the condition of the property. Restore and repair costs add up on a total value of a home.

It is always best to purchase foreclosure properties that require minimal repairs, otherwise your profit margin shrinks.

3. Understand that every neighbourhood is local to that neighbourhood.

What this means is that what is selling in one area may not be selling just down the road, so you need to do your homework and check comparable homes in the area to know whether or not what you are buying is a good investment.

Get a proper assessment on the home you are considering purchasing.

Buying foreclosure properties will generally be thirty to forty percent discounted, so if a foreclosure home does not need major repairs and you can get it for a price that is well below the market value of similar homes in the same area, then you are probably making a good investment.

4. Try and find foreclosures that are bank and creditor owned.

These properties are where you can most likely get the best deal because banks are not in the business of owning property so want to sell these types of properties and will often do so at a much discounted price.

Investing in foreclosure properties can be a very smart move, especially in the current real estate market.

With housing prices still relatively stable and interest rates still very attractive, there are many good opportunities for investment available.

When considering buying foreclosure properties, it pays to research the property and to do the financial due diligence in order to verify the quality of the property and financing.

Boost Your Business Website Traffic SEO Hacks

We all want websites that are search-engine friendly. But sometimes when you are busy it’s easy to publish a new blog post and be off to the next thing on your to do list.

Over time, this can really hurt your SEO efforts. That’s why I’ve put together this short hit list of things you can do to boost your WordPress SEO.

Schedule these tasks in your calendar to make your blog traffic soar!

1) Post New Stuff Regularly

Google has a bias towards fresh content. Part of Google’s algorithm looks at how new the content is and gives preference to more recent results. So publishing original content on a regular basis is important.

Also size matters when it comes to content. Generally longer content ranks higher than shorter content. So strive to make your post at least 500 words.

2) Create a Keywords List

If SEO is a priority, then you’ll want to develop a keyword list. This is basically a list of keywords and phrases that describes your products and services. These keywords should include words from search terms that are more likely to be used to find your offerings online.

Google has some incredible tools to make keyword research easy including Google Search, Google Suggest, Google Instant and Google Wonder Wheel.

Hint: if you want a really targeted keyword list, hire an SEO expert!

3) Install an SEO Plugin

This will allow you to set keyword-rich custom titles and Meta descriptions for your posts for search engines.

A couple of popular SEO plug-ins to consider are All in One SEO Pack and WordPress SEO by Yoast.

Again, this is something your web designer or an SEO professional can easily install for you.

4) Hand Submit to Search Engines

What good is a site if no one can find it? That’s why getting listed in Google and the other popular search engines and directories is one of the most effective ways of getting free targeted traffic to your website.

You have probably seen lots of automated submission services where you pay a small fee for them to submit your site to hundreds of search engines. These services not only won’t help – they can actually hurt you.

Almost all of these free directories never send an actual visitor to your website and getting links from them can hurt your ability to rank in the real search engines like Google and Bing.

The best practice is to manually submit your site to search engines yourself. WordPress makes this easy once you set up an account in Google, Bing and Yandex Webmaster Tools.

If unsure, just ask your webmaster or SEO Specialist to set up these accounts.

5) Add Tags to your Posts

WordPress, straight out of the box, comes ready to embrace search engines. The tags features is one of those SEO friendly features you should take advantage of.

Be sure to add relevant keyword-rich tags to every post you publish.

6) Leave Comments on Other Blogs

Start linking more to other people’s posts on their blogs and encourage them to link back to you.

One search engine factor that Google considers is backlinking. A website that has more backlinks is considered more of an authority site and gets higher rankings.

7) Block Spam Comments

When people leave comments on your blog, it counts as content to Google. So if you have a website about DIY crafts and someone leaves 5 comments about “cheap enhancement pills’ that ruins your keyword relevancy and hurts your rankings.

So blocking spam comments from posting to your blog will improve your SEO – as well as make your real blog readers happy.

8) Internal Linking

One easy way to get more traffic is to add internal links to your blog posts.

For example if you have an article on Overcoming Your Resistance to Blog Writing, then at the bottom of that article you can post links to “Other Related Articles You May Enjoy”: 4 Content Marketing Trends for Business Owners in 2017 and other related articles. WordPress SEO by Yoast does this automatically for you as you can see at the bottom of this post.

9) Use Image Alt Tags

For each image you use in your post, ensure you add the Alt tag to help them rank better in image searches. This is another excellent place to put relevant keywords.

Google has an image search function that works in pretty much the exact same way as the webpage search with keywords and relevance. So adding Alt tags helps Google find and include your images when someone does an image search.

10) Tweak Blog Post Titles

If you quickly wrote titles to your blog posts before, take time to review them first before publishing.

Your blog post titles are vitally important to your SEO rankings so compare the keywords used to your keyword list and make your blog titles more keyword rich.

11) Add Social Media Sharing Buttons

When Google sees a blog article is getting a lot of posts and shares on social media, it boosts the ranking of that blog post.

So making it easy for readers to share your posts helps others Tweet and share your great content!

12) Update Your Theme

Not all WordPress themes are SEO Friendly and the free WordPress themes may be hurting your search engine rankings because of this.

Having a premium WordPress theme ensures your content will be indexed by the search engines, since the developers have taken special time to optimize every aspect in terms of both security and SEO.

It’s smart to make sure your theme programming isn’t bloated with inefficient code that slows down page load times. We find this a lot with purchased themes and that’s why we only provide custom designed and built WordPress themes for our clients.

Network Marketing Business Tips That Will Show How To Reach Success

In this powerful article I am going to share with you amazing success principles that will allow you to create massive success in your business. If you decide to take action you will be well on your way to accomplish your goals.

Learn The Proper Skills

If you are serious about generating success in your business, then you must identify the areas in which you are weak. For example, it would be pointless to learn advanced internet marketing concepts if you don’t even know how to use a computer.

In this scenario, it is obvious that your first logical step would be to take a computer class so that you can get up to speed on how computers work. It would be pointless to talk about creating a sales letter if you don’t even understand effective copy writing.

You would first need to take some kind of course which educates you on this subject. Success in business is a step by step process, and you need to have the discipline and patience to go through this process.

The Power Of Your Mind

How strong is your mindset? The reason I ask is that, if you are serious about reaching your goals, you need to develop a strong mindset. We live in a world filled with negative people who love to complain, so now more than ever you need to strengthen your mind.

The most powerful way which I found to achieve this is to read positive books. By becoming an avid reader you will drown out the negative noise that seeks to corrupt your mind. Like one of my mentors used to tell me, “you must seal your mind from negativity.”

Be An Early Bird And Put In The Work

You cannot afford to get complacent if you intend to build a solid business. It’s amazing that people are willing to get up early to go to a low paying job and work hard day after day for someone else, but are not willing to do the same when they are working for themselves.

Like the same mentor I mentioned above used to also tell me, “until you generate the income you desire, you need to get up early and work hard all day long.” It is this kind of attitude that will take you to the top.

Develop A Laser Focus

We are living in a technological world, one where distractions are very common. Now, more than ever, it is vital that you discipline yourself to develop intense focus. Only by remaining focused on your goals will you be able to reach them.

It is this intense focus which will allow you to keep going even when faced with tough challenges. The challenges will certainly arrive, but with laser focus you will be able to overcome them.

Summary

You can achieve anything you desire if you follow the tips I have given you here. You don’t reach success because of some magical or mystical formula. You reach it by applying known and proven concepts.

Smart Tips Make The Most Of Your Network Marketing With

Network marketing is a business full of opportunities if you know the right things to do. However, you might be overwhelmed by all the information available to help you be a success. Here are some solid, tried and true ways to make a success of yourself, when you take on a network marketing business.

When prospecting, stop focusing on making the sale and focus on whether there is even a sale to be made. If you focus on making the sale, you will end up wasting your time on prospects that will never turn. Learn to listen to those cues that let you know you are barking up the wrong tree, so you can move on to more likely prospects.

It is important to keep track of the money you make in your network marketing strategy. There has to be a point where you choose whether or not to continue if you’re not making enough profit to survive on. When that point is can be set before you sign up so you won’t have any doubt in your mind if that time comes.

Some people will refuse your product as you’re pitching it to them and some of them can be outright rude. It is important that you keep your composure at all times. Never sink to their level and be rude with them. If they refuse you with attitude, politely concede your pitch, and move on to another possible customer.

When you are meeting a new prospect, do not try to attack them with your enthusiasm. Stay calm and give your prospect respect by having an actual conversation. If you go into every new contact with a “sale, sale, sale!” strategy, you will lose many potential customers. Many people are turned off by an over-enthusiastic approach.

Your comfort zone is an important factor when it comes to network marketing, but it’s also important to recognize that you need to step out of it if you want to expand your team. For instance: You might only hold little poolside gatherings at a certain spot because this is what you’re comfortable with. Go bigger and bolder and step outside of what you’re used to in order to expand.

Be confident in your business and the opportunity you are presenting before even thinking about approaching someone. If you aren’t sure that this is the best business opportunity since sliced bread that will come across to people as you speak to them. If you are radiating confidence in success then prospects will flock to you.

As an independent network marketer, you are your company’s CEO. Take this very seriously, believe in your product, support your customers and run a tight ship at all times.

Use these tips to make a real difference in your business. Don’t be overwhelmed by the wealth of information available to you; learn as much as you can about your business, so you can make a bonafide success of yourself. Network marketing has the potential to take you many places and you need to be prepared.