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How can I get a list of either HUD homes for sale or forclousers?

May 21st, 2009
slbigirl42000 asked:


I recently came into some money and want to invest in realestate. I’ve heard about buying homes from the goverment that people have not paid thier taxes on and and now are up for a tax lien sale. How do I get a list of these homes?

Emanuel

Filed under: Investing | Tags: ,
May 21st, 2009 20:24:13

How to deal with proceeds from a house sale?

March 03rd, 2009
Pete asked:


My father just sold his home and moved into a retirement home.
He needs about $3,500 per month. He receives $900 in social security so he would need to draw out $2,600 per month.
He just received a small 6 figure amount from the house sale. His only asset and hopes to live at least 5 years at the care home (he is 85).
What do I do with that money? just put it into CD’s or buy an annuity?
I’m being told by one company that I should put it all in an annuity that will pay him the $2,600 but would not earn any interest.
The benefit would be that if his health declined and he was placed in a nursing home, that money would be protected for his heirs and he would use medi-cal for the nursing home.

I just want to stick it in the bank, earn him some interest and hope he stays healthy until it runs out.

What to do?

Thanks

Web Trader Pro


Filed under: Investing | Tags: ,
March 03rd, 2009 00:08:55