The Real Deal Team of Realty Executives®—Sparta will present The Ins and Outs of Buying Foreclosed Properties — a free real estate seminar designed for buyers, new investors, and flippers to learn about the process of purchasing foreclosed properties on Thursday, Feb. 8 at 6:30 p.m. at the Lake Mohawk Country Club.

Attendees will hear from Northern New Jersey's leading experts in real estate and will learn about the risks and rewards of buying foreclosed homes.

Topics covered will include:

Understanding the different types of foreclosure properties

Financing options available for buying foreclosed properties.

Legal risks when purchasing foreclosed homes.

What to expect when buying a foreclosed property

How much below asking price can I go and be considered a serious buyer?

Title Insurance and its importance when buying foreclosures.

Inspections—most concerning issues

Q&A — we'll answer any real estate question you have!

The group has assembled experts in real estate law, lending institutions, title companies, and home inspections to provide a learning forum for our community to learn more about the current market. Attendees will learn what to expect during a foreclosure purchase and will have an opportunity to ask questions to anyone from our panel. Appetizers and refreshments during our meet-and-greet cocktail hour will be provided and attendees will have the chance to win door prizes in our Real Deal Raffle.

“First-time homebuyers, flippers, new investors, renters, or anyone simply looking for a good real estate deal should attend,” said Jeannette Burke, Partner of the Real Deal Team. “Last year’s session was very well-attended and everyone left happy and a little more knowledgeable.”

Admission is free, but space is limited. Anyone interested in attending should call Jeannette Burke at 973-670-1960 to register or go to www.burkesmarketingworks.com to register online.