CRE-PRO: Gideon Gratsiani--Top US Foreclosure Expert--Reveals His Secrets to Winning Foreclosure and Bankruptcy Auctions
In a rare disclosure, Mr. Gatsiani tells what makes his process for identifying profitable real estate investment properties unique.
MIAMI, Dec. 4, 2019 /PRNewswire-PRWeb/ -- Gideon Gratsiani has broken his silence for the first time to reveal a few of his real estate foreclosure and auction secrets.
Mr. Gratsiani's first tip is to make sure you know your desired outcome and get your hands dirty. "You need to see the property to know what you really have and avoid expensive surprises." Sometimes properties have undisclosed tenants, physical damage, or other potential costs.
His next tip is to know why the property is for auction. It could be due to a first mortgage, HOA lien, or tax lien. "Each reason for the property being at auction has different implications for the sale--you have to know the details to make money."
Another critical piece of the puzzle is the title filing. There are many different types of filings. Most importantly, some will prevent you from having a free and clear title. If you're buying a property is at auction, beware of Utility Liens, Code Violations, Master HOA disputes, or other unrecorded liens. Several thousand dollars of costs could be waiting to surprise you.
ABOUT CRE-PRO AND GIDEON GRATSIANI
Mr. Gratsiani's background is based in the precision and culture of the Israeli Navy. While serving in the military, he learned the importance of details, discipline, and diligence. He also began his study of real estate law while serving. Soon after he reached the United States, he began utilizing this knowledge.
From his office based in Miami, Florida he invests in properties across the United States. With his leadership, CRE-PRO has earned its reputation for consistent performance since 2009. During that time they have acquired over 670 properties.
SOURCE Gideon Gratsiani
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