Archive | Real estate short sales

Fannie Mae To Directly Approve Short Sales

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 [...]

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Posted in Bank owned, Foreclosures, Real Estate Investing, Real estate short sales, Short Sales0 Comments

Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market

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 [...]

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Posted in Bank owned, Real Estate Investing, Real estate short sales, Short Sales0 Comments

2013 Is Your Year To Be Daring, I’m Going To Help

The New Year is just around the corner; it’s a time to start fresh and focus on new goals and what you want to change in your life. So I’m setting out a challenge for you:   I DARE YOU to make it the best year yet. I DARE YOU to make more money this [...]

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Posted in Bank owned, Buyers, Commercial Real Estate Investing, Foreclosures, Internet Marketing, Lease Options, Pre-foreclosure, Private Money, Raising Capital, Real Estate Investing, Real estate short sales, Rehabbing, REO's, Short Sales, Wholesale properties1 Comment

Home Ownership Possible After Foreclosure or Short Sale

 There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market. [...]

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Posted in Buyers, Foreclosures, Pre-foreclosure, Real estate short sales, Short Sales0 Comments

How to Create Multiple Streams of Income

Last week I went to visit a house I recently bought that’s spitting out checks left and right.

I’m being paid 4 different ways from this one property.

I grabbed my video guy and recorded the whole thing including the contracts and paperwork I used, the lead source, the HUD 1, the funding and how I’m going to exit out of this property and make about $25k.

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Posted in Private Money, Raising Capital, Real Estate Investing, Real estate short sales, Short Sales0 Comments

Short Sales On The Rise Again

Great news for real estate investors who focus on short sales – they are on the rise again. Banks are turning to short sales more and more so they can get around the long process of seizing, maintaining and then trying to sell homes through foreclosure. The pace of new foreclosures has slowed slightly, but [...]

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Posted in Pre-foreclosure, Real Estate Investing, Real estate short sales2 Comments

My Life in Real Estate – Live Action Short Sale

In this short video I am just leaving a house that my Freedom Team and I will be doing a short sale on. It’s in an affluent neighborhood, the owners owe $550,000 on the house and have a lien on it for $200,000. The house is worth about $350,000-$400,000. Watch to find out how our [...]

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Posted in Real Estate Investing, Real estate short sales, Short Sales2 Comments

My Life in Real Estate – 3332 Marmore Avenue

Check out this video. I’m at the location of a property that I’m considering buying. It’s a small bungalow in a nice neighborhood south of Cleveland. This turned into a short sale lead – the current owner is underwater, and owes $135,000. My offer on the house was $30,000, but the bank BPO came back [...]

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Posted in Private Money, Raising Capital, Real Estate Investing, Real estate short sales, Short Sales5 Comments

Best Cities for Buying and Selling Houses

Where are the best markets in the country for buying and selling houses? Zillow recently ranked the top 10 markets to find out where buyers or sellers hold the most power. Zillow defines a buyer’s market as one in which “buyers have more bargaining power” because houses tend to stay on the market longer and [...]

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Posted in Buyers, Private Money, Raising Capital, Real Estate Investing, Real estate short sales0 Comments

HOPE NOW Releases May Short Sale Numbers

According to Faith Schwartz, executive director of HOPE NOW, short sales are drastically helping their overall foreclosure prevention efforts. The month of May brought nearly $38,000 completed short sales, bring the program’s total to over 900,000. In addition, 63,000 homeowners received permanent, affordable home loan modifications, with more than 17,500 through HAMP and 45,000 through proprietary [...]

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Posted in Foreclosures, Real Estate Investing, Real estate short sales0 Comments



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