Wednesday, February 24, 2010

Beware of Existing Tenants When Buying a Foreclosure Or Short Sale Tag: tenants, short sale, self directed ira, renters, myblog, investment property, foreclosure, eviction, Brooklyn Troy, 401k rollover, 401k

With the crash of the real estate market comes many opportunities for investors. Especially when purchasing the abundance of Short Sale and Foreclosure homes. There is however on caveat to these purchases that one truly has to consider and that is that you must honor any existing leases on the property for the duration of the lease term. 

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