Mr Williamsburg, Revolutionary ideas on real estate!Hampton Roads Virginia

TODAYs Meredith Vieira talks to real estate expert Barbara Corcoran about investing in a home in this troubled economy.

Thought I would pass this on for anyone considering buying a foreclosure/ Bank Owned Home in the Hampton Roads , Virginia area.

Most of the biggest real estate fortunes were not made in good times, but in bad times like this” Barbara Corcoran reminds us in this talk with NBC. 

It’s important perspective for Americans wondering how to invest in foreclosed properties without losing their cash or their credit rating.

In the 4-minute interview, Corcoran quips on the basics and the essentials of foreclosure investing,

• “Everyone who loses their shirt loses it somewhere else.”
• “Every big shark started small.”
• “The house on the corner sets the tone for the block.”

She also lends some personal perspective to rent rolls, the cost of losing a tenant, and finding a good business partner.

Banks are anxious to sell their foreclosed homes and that makes this an ideal time for shrewd real estate investors.  If you’re new to the game, watch the video and take good notes.

Click here for a short one line listing of over 500 Foreclosed Bank Owned Homes Currently for sale in Hampton Roads VA.

For detailed up to date list of Bank Owned Foreclosed homes in the Hampton Roads Va area send me an email with Area & Price range John@MrWilliamsburg.com

Click this link to see Stats on Current Foreclosures in Hampton Roads VA