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How a Short Sale Can Prevent a Foreclosure
Short sale is an option to prevent foreclosure. A short sale is a transaction where the lender agrees to accept less than what the homeowner currently owes on their home.
11 commentsHow to Buy a Property in Pre-foreclosure
For a property investor, the benefit of buying a pre-foreclosure home is the opportunity to pay less than the property may be worth by offering a short sale to the current owner and therefore the chance to...
33 commentsThe Short Sale Package
You might be wondering what people are referring to when they say the "short sale package". While not knowing can lead your mind to think of the strangest things, it's really quite simple. In fact, it's...
2 commentsStep 8: Preparing and Presenting the Purchase Agreement
First, all states have different terms for purchase agreements (sales contract, offer to purchase, a contract of purchase and sale, an earnest money agreement, deposit receipt, etc.) so be familiar with the...
0 commentsForeclosure Listing Sites–Where to find Pre-Foreclosure and Foreclosed Homes
When considering buying real estate as an investment, finding a good foreclosure listing site should be simple – type in “foreclosure listing,” in the google search box and voila! – A list of sites. ...
42 commentsShort Sales and the FICO Score
It’s not hard to find chatter on the blogs concerning how a short sale or a foreclosure affects a FICO score. Frankly, even if it were the same, the differences between a deficiency judgment and a negotiated...
2 commentsThe Short Sale Process
When it comes to doing a short sale, there are specific things that the banks are looking for when they're considering a short sale. They have files piled to the ceilng right now, and they're all pending...
9 commentsStep 6: Estimating Property Value
You have to be able to estimate property value accurately on a consistent basis in order to make a profit. The greatest danger lies in over-estimating value. Obviously, if you buy a foreclosure property...
0 commentsDoDeals-Pre-Foreclosure-Property-Listings-and-Leads
“Discover How an Under the Radar List of Bargain-Priced “Pre”-Preforeclosure Properties is Helping Real Estate Investors Land Deals in 30 days or Less… And Rake In $5,000 to $30,000 to $40,000 in Profit.... Even for Those Who've Never Invested in Real Estate Before”
0 commentsReal Estate Investor Training in Arlington, Texas Day 3
Lorena Gerlach here with Day Three of my 1:1 with student Rosalind Winn and her team in Arlington, TX. Rosalind will have a need for private money to give her additional money making opportunities....
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