Project Stocks

Did you know that you can maximize your Self-Directed IRA LLC / Checkbook IRA Account funds by investing in foreclosures? If you have money sitting in your account, you could be missing out on one of the best returns you can get on your money - investing in foreclosures. Why is now a good time to invest in foreclosures. Actually, there are three reasons.

3 Reasons to Invest in the Home Foreclosure Market Now

Buy Low/Sell High: If you’re looking for the proverbial good deal, now is the best time to find one. Good deals, or buying a property with enough equity to sell it for a profit, are plentiful right now. So, one of the most difficult parts of making money in foreclosures is taken care of.

As adjustable rate mortgages adjust up, the economy worsens and more people lose jobs, homeowners become more willing to negotiate. This means the elusive good deal is easier to come by.

Banks Don’t Want to Be Property Mangers: Banks are not in the business of managing property. They want homeowners to do that. So, as they become inundated with more and more foreclosures, they’re doing everything they can to sell them as fast as possible. Why don’t’ banks want to be landlords?

If they don’t sell them, they have to maintain them, eg, cut the grass, remove furniture left behind by previous tenants, deal with broken windows from vandals, etc. In short, the longer a property sits empty, the more it costs the bank. So they’re really losing money in two ways. One, in lost mortgage payments; and two, by having to carry the upkeep until it’s sold. If you have money sitting in your Checkbook IRA account, now is the time to put it to work.

Long-Term Gain: Real estate is a patient man’s game. If you use your Checkbook IRA to invest in foreclosures now while the marketing is bottoming out, so to speak, you’ll be well positioned to really maximize your investment when the real estate marketing gets red hot again.