It’s time for a property launch! We just finished rehabbing this house on Bailey Road in Cuyahoga Falls and it’s ready for its new owner. In this video, I walk you through the process that we’re going to use to sell this house overnight – in one day – during a massive property launch. We [...]
Archive | Bank owned
How To Sell A House In 90 Minutes – Bailey Road Property Launch
Posted on 31 March 2013.
Posted in Bank owned, Foreclosures, Internet Marketing, Private Money, Real Estate Investing, Rehabbing, Wholesale properties0 Comments
5 Groups Of Homebuyers Flooding The Housing Market
Posted on 24 March 2013.
1. Traditional, entry level buyers – They have been waiting out the housing market downturn from 7 years ago. For this group, if they can provide the proper documentation, they can get a mortgage. 2. & 3. Move up and move down buyers – These buyers had a mortgage a long time ago, and now [...]
Posted in Bank owned, Buyers, Foreclosures, Real Estate Investing0 Comments
Profits Coming In A Month: Melody Lane Rehab Winding Down
Posted on 11 March 2013.
We’re just a few weeks from putting this house on Melody Lane on the market. This is another Fannie Mae bank-owned foreclosure that we are rehabbing. We’ve done a lot of work in this house, but when it’s done, it will be move-in ready for the new owners. We completely redid the bathrooms and kitchen, [...]
Posted in Bank owned, Foreclosures, Private Money, Real Estate Investing, Rehabbing0 Comments
Countdown To Profits: Property Launch Just A Few Weeks Away
Posted on 10 March 2013.
I’m back at the house on Bailey Road in Cuyahoga Falls, OH that we purchased for $31,000. It was a Fannie Mae bank-owned foreclosure, and I bought it using none of my own cash or credit. The house needed a lot of work, but much of it just cosmetic. Our rehab budget was $22,000, and [...]
Posted in Bank owned, Foreclosures, Private Money, Raising Capital, Real Estate Investing, Rehabbing0 Comments
Housing Recovery Moving Along, Thanks To These Factors
Posted on 01 March 2013.
Pretty much everyone is in agreement that the housing market is gaining momentum. Not at the ridiculous pace of the pre-bubble days, but a more steady, sustainable growth. However, there are still bumps in the road to recovery, but overall, signs of sustainable growth can be found in the market. According to the Mortgage Banker’s [...]
Posted in Bank owned, Foreclosures, Pre-foreclosure, Real Estate Investing0 Comments
Have You Checked Out SREC TV Yet?
Posted on 18 February 2013.
Have you been to SREC TV yet? If not, go now and visit http://strategicrealestatecoach.tv and tune in to the latest video and podcast episodes for what’s happening in the world of active real estate investing. It’s Real Estate Made Easy! Join Josh Cantwell as he tours houses he has purchased to rehab and sell, listen [...]
Posted in Bank owned, Buyers, Foreclosures, Internet Marketing, Lease Options, Private Money, Raising Capital, Real Estate Investing, Rehabbing, REO's, Short Sales, Wholesale properties0 Comments
Fannie Mae To Directly Approve Short Sales
Posted on 17 February 2013.
Having successfully completed over 58,000 short sales in 2012, Fannie Mae announced that they are taking additional steps to speed up the short sale process and help troubled homeowners avoid foreclosure. They will do this through their newly introduced HomePath for Short Sales tool, which is designed to help overcome common short sale challenges. Available [...]
Posted in Bank owned, Foreclosures, Real Estate Investing, Real estate short sales, Short Sales0 Comments
Nearly 800,000 Foreclosures Completed in 2012
Posted on 10 February 2013.
The national rate of foreclosures continues to slow, which is a strong indicator that the ailing housing market is starting to heal. “The rate of foreclosures continues to trend down, albeit at a slower rate as we exit 2012,” said Anand Nallathambi, president and CEO of CoreLogic. “This trend should continue into 2013 and is [...]
Posted in Bank owned, Foreclosures0 Comments
My Life In Real Estate – “Good Bones” Real Estate Flip Yields $45,000 profit?
Posted on 24 January 2013.
My offer just got accepted on this house at 1171 Gardner Rd., so come along with me as we go in for our first look. It is a very roomy house with 4 bedrooms, 3 full baths, 2 fireplaces, and a full basement that could be finished. It is a bank-owned property; owned by Bank [...]
Posted in Bank owned, Private Money, Real Estate Investing, Rehabbing, Wholesale properties1 Comment
Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market
Posted on 13 January 2013.
We’ve been seeing a slow turnaround of the housing market over the past year and expect it to continue this year, but there were a few tense moments there when the Mortgage Debt Forgiveness Act was about to expire. That Bush-era Act protected homeowners from paying taxes on the unpaid portion of their debt. If [...]
Posted in Bank owned, Real Estate Investing, Real estate short sales, Short Sales0 Comments
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