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Often, investors think that real estate listings are not a good way to find properties. They think that if people have distressed homes they will not have time to wait around for an agent. Investors often devote a lot of time and money to alternative methods of finding deals. These alternatives may include bandit signs, finding deserted properties and running 800 numbers.

You know that you should never neglect solid sources on leads for investment properties. However, real estate listings often hold more promise than you might think. There are certain things that you can determine from a real estate listing. These things could possibly help you spot a good investment.

Do not neglect a free source of leads. Use real estate listings to locate great investment properties. You can look for the following “flags”:

* Houses that have been listed for a long time. - For one thing, the owners may be getting nervous. They may be unaware that a real estate agent is not their only option. They may consider your interest a lifesaver.

* Look for home prices that have just been lowered - Motivated sellers often are compelled to drop their asking prices. After all, if they had time to spare then they would wait out the buyers. Drops in price may indicate an owner’s need to get out.

* A FSBO sign is a good sign - People who are selling their property on their own may be feeling overwhelmed. They may be glad to just get out of their situation. They also may take a lower offer because they are not paying commission.

* • Properties that offer “creative” or owner-financing - Creative financing is an inherent risk. It often involves working with buyers who do not have excellent credit or who cannot get bank loans. If a property owner is willing to take this type of risk they are likely a motivated seller.

You can see now how real estate listings are actually a great source of leads. Use your local paper to spot potential deals in real estate listings right away.

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