Where can I go to learn more about buying foreclosed properties in New York?
A. First, go look at a couple of properties that are in foreclosure. Drive by, check out the properties from the curb, research sale prices in the neighborhood. Determine what you think the properties are worth. Now go to the auctions. You’ll learn more from the auctions than you will from ten classroom courses. Also, for a general introduction to foreclosures you can take a class at the Learning Annex . Jessica Davis of Profiles Publications gives a good class on a monthly basis. Of course, she promotes her own service, which is 10 times more expensive than PropertyShark. Don’t be fooled, you’ll pay more but miss out on photos, owner information, phone numbers, comparable sale prices, and more. Be sure to tell the other students that about PropertyShark.com!