MA Foreclosure Rates Up 35%

TPMCafe || MA Foreclosure Rates Up 35%: "Massachusetts homeowners are facing the music as payments come due on risky loans that propped up the formerly red-hot housing market. A report released today by ForeclosuresMass shows that foreclosures are up 35% statewide, and 42% in the city of Boston.
And it's not limited to the working poor. 'It spans the whole gamut of income levels,' according to ForeclosureMass's president.
Is this a sign of what's to come for America's middle class?"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Mo., Ill., see fewer foreclosures in November

Mo., Ill., see fewer foreclosures in November - 2005-12-07: "Missouri's numbers are down from October, when there were 2,701 total foreclosed properties and 817 new foreclosures.
Illinois had 3,906 total foreclosed properties and 935 new foreclosures in November, down from 4,067 total foreclosed properties and 899 new foreclosures in October"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Foreclosures up 35 percent this year - Boston.com

Foreclosures up 35 percent this year - Boston.com: "Home mortgage foreclosure filings are on the rise in gritty cities and leafy suburbs, according to a new report showing a 35 percent increase statewide through October."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Wanna Know a Real Estate Estate Secret?

Bob Bruss Real Estate Center: "If you are just starting investing in real estate, or perhaps buying your first home, reading 'Secrets of Buying and Selling Real Estate Without Using Your Own Money' by Robert Shemin will change the way to think. The author recommends, even if you are wealthy, don't use your own cash to buy real estate. Then he explains why.
This well-organized, easy reading book is filled with creative finance ideas. Shemin emphasizes how to buy houses below their market value from sellers who are anxious to sell. 'Why are you selling?' is the author's favorite question, followed by 'What is the least you will accept?' and 'Would you take less?'"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

' Guide Rich Slowly' guide to real estate

Bob Bruss Real Estate Center: "Although the new book 'The Weekend Millionaire's Secrets to Investing in Real Estate' by Mike Summey and Roger Dawson is aimed at beginner real estate investors, experienced realty investors will also enjoy its simple approach to long-term investing. This is definitely not a get-rich-quick real estate book, but rather a 'buy and hold' approach.
The authors have very diverse backgrounds. Mike Summey, a retired businessman, invests in Asheville, N.C., where real estate prices are quite low. By contrast, Roger Dawson, specializes in negotiation techniques, although he once was president of a multi-office Southern California real estate brokerage. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

A Modest Home in a Fancy Community: Always a Good Deal?

: "A prestigious address and a fancy zip code. As a homebuyer, you may not give a hoot about such intangibles. Yet as a purchaser concerned about your net worth, you can't afford to ignore the financial advantages of status, real estate specialists say.
'You're almost always better off trading down on the amenities of a home if the payoff is getting into a classy neighborhood,' says Leo Berard, charter president of the National Association of Exclusive Buyer Agents.
You may not envision yourself in the Jaguar crowd. Yet if you can afford the equivalent of a luxury car when you select a neighborhood, you can expect your property to ascend in value faster than if you bought in an 'economy car' area."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Encouraging a Reluctant Home Seller to Let Go

: "A retired couple were selling their three-level house, with extreme reluctance. The husband cherished it, but was too ill to take care of it. They both felt their best option was to move near a grown son in another state.
The couple went through the motions of selling their home -- hiring an agent and putting out a for-sale sign -- but their heart wasn't in it. They were resistant to showing the house and used the tiniest flaws in offers as excuses to rebuff them."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Recommendations for Inspectors

Agents Online Real Estate Idea Center: Recommendations for Inspectors: "I have been using this one home inspection company very ritually until recently I feel a need to find a different one. Anybody out there who knows of a good MN home inspector that does a good job for the buyer but at the same time does not blow our deals with tiny concerns that aren't even necessary to address"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Worried about Home Inspector

Agents Online Real Estate Idea Center: Worried about Home Inspector: "Hello all;

I am about to put an offer in on a home in San Diego, Ca. The house looks great, but my agent still wants to refer me to a home inspector that she frequently uses and have the house inspected just to be sure. I am on a tight budget, and honestly, can't afford the $325.00 the inspector is charging as a fee. A few of my friends mentioned that I should do the inspection myself and then contact the 'Licensed Professionals' tradesman (like electricians, structural engineers, etc.,)if any major problems exist.One company I have found that provides DIY home inspections is einspect.org (www.einspect.org). Has anyone heard of them and do you think I should perform my own inspection (with the help of my husband)?"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Where To Find These Motivated Sellers?

Where To Find These Motivated Sellers?: "Does anyone know of any way to get listings for people who have been layed off or have large medical bills? I figured these people would surely need some help unloading their homes, and was thinking of marketing to them, but can't find a good source for a listing. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Best Way to Sell a House?

Best Way to Sell a House?: "I don't have any trouble getting leads and houses but I can't seem to sell them .. I have done newspaper ads, forsalebyowner.com and for sale signs near the home... nothing .. any suggestions?"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

8 Biggest Rehabbing Mistakes (Part 2)

Sal Vannutini - 8 Biggest Rehabbing Mistakes (Part 2): "In the second part of The 8 Biggest Rehabbing Mistakes we look at three more areas that can swallow up your profits in no time.


Big Mistake #6: You Pay Too Much When You Buy

You make your profit when you buy. Pure and simple! I will always tell my coaching clients at my workshops that this is the most valuable advice that they will ever receive from me. The added value from the renovation is the icing on the cake. Always research your market well and ensure that the potentialselling price is achievable when all costs and profit margins are taken into consideration"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

8 Biggest Rehabbing Mistakes (Part 1)

Sal Vannutini - 8 Biggest Rehabbing Mistakes (Part 1): "Buying old houses at wholesale price, fixing them up, and then selling them at retail price remains one of the easiest ways to make big profits in real estate. If you are prepared to put in some hard work, property rehabbing remains one of the easiest ways to profit from real estate.

Unfortunately, would be rehabbers can be easily seduced by the promise of fast money. You see it's not simply a case of buying an old house, fixing it and selling it for massive profits. Back in the mid 1990's when I started to fix-up my first investment home, I soon discovered how easily things could go wrong. The following are 8 of the biggest mistakes you can make when fixing up houses. How do I know this to be the case? Yep, you guessed it. I've made them all when starting out."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

10 Tips for Adding Curb Appeal

Sal Vannutini - 10 Tips for Adding Curb Appeal: "First impressions are just as important in real estate as anything other aspect of life; if not more important. Many prospective homebuyers will size up a property within just a few seconds of viewing it! That doesn't even get them in the door.

What this means to real estate investors is the importance of adding curb appeal. Sprucing up the exterior of the property to give it that much desired special touch doesn't have to be expensive or a lot of hard work-it does mean that you need to know what buyers are looking for when they first see a property. Take a look below at a few of the simple and inexpensive ways you can easily add curb appeal to any property. "

How to Find Motivated Sellers

Sal Vannutini - How to Find Motivated Sellers: "Finding a motivated seller is extremely important when you're looking at purchasing real estate for investment purposes. In order to increase your profit margin, it is critical that you locate and purchase properties with the lowest sales price possible. Unless they have a good reason and are extremely motivated, however; many home owners will sit on a property and wait for what they think is the right price-sometimes that's years! Homeowners who have filed for bankruptcy or in the process of having their home foreclosed on by the bank can be very motivated to sell their property at a reduced selling price."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.