There is potentially a lot of money to be made investing in real estate. However, there is also the risk of losing a lot of money. Whether this is your first time purchasing a property or if you have been investing in real estate for years, we hope that the following resources will help you make wise decisions. Our qualified agents can also provide assistance to you, helping you understand market trends and changes in area neighborhoods. They can also help you find property, including HUD homes, foreclosures, VA properties, and other investment properties.

Location! Location! Location! I know you have heard it before but LOCATION is everything when investing in real estate. When you find a property that you like, ask your Capstone Realty agent to research the recent home sales in the neighborhood and surrounding areas. Ask about the DOM (Days on Market) when talking with your agent. Great locations in the Huntsville/Madison area typically sell within 30-60 days of being listed if priced right.

Buying HUD Foreclosures can be a great way to get started in the investment business. To purchase these homes you must use a qualifying Broker (or Realtor) to place a bid for you on the HUD homes website. Owner occupant bids are usually taken over a 10 day span with the bid deadline ending at midnight the following Sunday. If a winning bid was not selected then the property is relisted and bidding becomes open to investors as well until a satisfactory bid is made. There is no way for you to see the other bids until the winning bid is selected and posted on the HUD website.

For more information about the HUD bidding process, call us at256-382-7300, and we can walk you through it.

Though you may be able to buy a short sale home at a great price, a short sale is not always a simple process. Typically, the closing time for a short sale home can take a much longer time and there can be many unforeseen dangers. However, an experienced short sale agent can help you navigate the process and help you avoid common mistakes. For more information on short sales, contact a Capstone Realty agent.

Bank owned properties are another great source for finding neglected properties that may have hidden potential. Contact a Capstone Realty agent for more information about bank owned properties.

Real estate auctions are growing in popularity for investors looking to find a good deal. However, sometimes these auctions can get competitive and the property ends up selling for close to market value or more. You can find advertisements for auctions in the local paper or by contacting a real estate auction company in your area.

Buying real estate wholesale is by far the best way to turn your investment into a nice profit. If you are looking to 'flip' houses fast and for top dollar then this is probably your best option. To learn more about buying properties wholesale or to put your name on our wholesale buyer's list to receive notice via email or phone when such properties become available contact us at 256-382-7300 or email foreclosureinfo@choosecapstone.com.