6 Tips for Buying Properties at Foreclosure Auctions
Thinking of foreclosure auctions as the place to find your next great deal? Read my tips and myth busters first. The number of properties going to foreclosure are down significantly from the Great Recession. But, auctions can still be a place to find investment property. Just don’t expect that you will get a ‘steal of a deal’ or you may be disappointed. Read my tips to help you to decide if foreclosure auctions are right for you and, if they are, how to navigate the process successfully.
CCM Finance provided multiple loans to a new construction builder that allowed the builder to enter a new community in Prescott, WI that will provide them access to 40 finished lots.
CCM Financed extended a $2mn revolving loan for construction of 13 contemporary tri-plexes (39 units total) in Brooklyn Center.
CCM Finance recently lent T/C Homes, Inc. $300,000 to construct a new $450,000 model in its Wildflower Meadows project in Otsego, MN. This new home will replace its current spec homes, both of which were sold before completion.
CCM provided financing for a single family rehab project in Golden Valley, MN. The borrower completed a full update of the interior and exterior of the home and added a wet bar in the basement.
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