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Showing posts with the label auction

Real Estate Arbitrage In Distressed Communities

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  Real estate arbitrage is the process of buying property at a lower price in one market and then selling it for a higher price in another market. This can be a great way to make a profit and improve properties and neighborhoods by renovating and upgrading them. However, when it comes to at-risk communities, it's important to approach the process with care and consideration for the well-being of the community. One way to do this is by acquiring homes in at-risk communities through government auctions. Government agencies such as the Department of Housing and Urban Development (HUD) and the Veterans Affairs (VA) may sell foreclosed homes at auction. These homes may be located in at-risk communities and can be acquired by private individuals or investors through the auction process. It's important to note that purchasing a home at a government auction may come with certain conditions or requirements. By investing in affordable housing, renovating and upgrading the homes acquired ...

Princess Diana’s Ford Escort Scheduled for Auction

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Auctioned items and auction houses are often graded by social status or the number of celebrity owned goods that have been up for grabs. It's no surprise that in the world of auctions, prestige is often in the eye of the former owner. In this instance, a reasonably ordinary 1984 Ford Escort RS once owned by the Princess of Wales is scheduled for auction in the next few days. 5 Distinguishing Factoids: The Princess was fond of this make and model and owned several. This was one of the final three Ford Escorts purchased by the Princess. This particular Escort was remodeled or enhanced to meet the visual and security demands of its high profile owner. When turned in the vehicle odometer reading was 6800, and now it is nearly 25,000. Princess Diana was one of the rare royals that actually drove herself around, which gives her former vehicles special charm and irresistability. Based on previously auctioned vehicles belonging to the Princess, the purchase price of this Ford Escort should...

How to Make Money Flipping Cars

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  Flipping Cars - Auto Arbitrage Why should I flip cars? Great money and a fun hobby. The turn around is much faster than real estate, but there are just as many things to look out for. How do I know which cars to flip? Buying from the auctions is the best way to get a great deal on previously owned vehicles. Check out some great auctions databases in the links below. What should I know before I start? VIN Checks. Get the full history of the vehicle, so you won't overspend or have an angry customer on your hands.  Is it ok to buy damaged cars? Yes it is and some of the best profits come from purchasing cars that know the roughest roads, the important thing here is that you are making an informed decision. VIN Numbers - What they do. A VIN or Vehicle Identification Number resembles a government backed retirement number, UPC code, even a cryptocurrency address depending on what generation you belong to. It's given to a vehicle by its producer, and no two VINs are the same. The V...