Wednesday, February 22, 2006

60 Days To Your First Bargain Purchase

60 Days To Your First Bargain Purchase: "Finding good real estate deals is an art that takes time to master. Like any business, customers are what drive it. Your primary customer is the seller who is motivated to sell below market value. Finding motivated sellers requires advertising, marketing, salesmanship, and, like any business, keeping your nose to the ground.

Nothing happens and nothing matters in real estate until you find a deal. You cannot put together a deal without a motivated seller and you can only convince a motivated seller to do something creative or that involves a discounted price. A motivated seller is one with a very good and pressing reason to sell below market"
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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.

7 Big Reasons To Invest In Pre-Foreclosures

Ben 7 Big Reasons To Invest In Pre-Foreclosures: "Looking for an 'in' to real estate investing? Working a nine to five job swapping time for money can be incredibly dispiriting. After the futility of it all hits home, it's all you can do to limit the number of home business opportunities you investigate to twenty per week. One of the more compelling home business opportunities is real estate investing. Real estate investing is the perennial wealth builder, and the transition from working a job to achieving wealth through real estate investing is becoming increasingly well documented. You've probably thought about investing in real state yourself but you've not gone for it because you thought you needed tens of thousands in savings for a down payment, and perfect credit along with strong banking relationships"
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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.

What's the Best Way to Get Started?

What's the Best Way to Get Started?: "That's probably one of the most common questions asked by people wanting to begin real estate investing. Another common question is, �How do I find a mentor to work with?� Of course there is no one perfect answer for everyone. It depends on a number of factors including; money available, goals and current skill level. But, for my money the answer to both questions is bird dogging or as I call it Real Estate Jobbing.

A Real Estate Jobber is a person who finds qualified leads for professional Investors, through a variety of sources using a systematic process."
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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.

Letters: Culprit in home-sales drop actually is rising interest rates

Letters: Culprit in home-sales drop actually is rising interest rates: "As 30-year fixed-mortgage rates dropped to all-time lows, the prices of houses skyrocketed. Interest rates for 30-year fixed mortgages have been rising. What was 4.5 percent three years ago is now 6.5 percent, and that is for folks with excellent credit. That means that monthly mortgage payments are one-third higher than they were three years ago for the same-priced property."
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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.

Foundation Assists In Foreclosures

ClickOnDetroit.com - LOCAL 4 FINANCE - Foundation Assists In Foreclosures: "Foreclosures are an issue for many individuals, and recently Detroit was ranked fifth out of the Top 20 American Cities in Most Mortgage Foreclosures in 2005, Local 4 reported.
If a mortgage payment wasn't made or submitted late, there are things to do to avoid foreclosure situations.
The Homeownership Preservation Foundation is a free service that helps to protect your home, credit scores and home equity, according to the station's reports.
The foundation offers clients in need HUD certified credit counselors who will help prioritize bills, contact lenders and buy time before the foreclosure process begins."
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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.

U.S. minority foreclosures are rising

U.S. minority foreclosures are rising: "Foreclosures among U.S. minorities are increasing and experts say the trend will continue.
At the root of the problem is the fact that minority homeowners have taken out a disproportionately large number of expensive subprime mortgages, The New York Times said Wednesday. Such mortgages, including so-called balloon notes and interest-only deals, are particularly risky and costly for poor people."
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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.

USATODAY.com - Home price surge may be leveling off

USATODAY.com - Home price surge may be leveling off: "Home prices in the fourth quarter of 2005 posted double-digit increases in 72 metro areas � a record number that likely marked a high point in this real estate cycle, the National Association of Realtors said Wednesday.
Nationwide, the median sales price for an existing single-family house rose to $213,000 in the fourth quarter, up 13.6% from the October-December period of 2004. But David Lereah, the NAR's chief economist, cautioned that the market is rapidly cooling."
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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.

MONEY Magazine: Foreclosures: Bargain hunters beware! - Feb. 16, 2006

MONEY Magazine: Foreclosures: Bargain hunters beware! - Feb. 16, 2006: " Buying foreclosures once appealed mainly to the small group of hard-core real estate investors who were willing to dig into untouchable rehab projects and wrestle with deadbeat tenants.
But in recent years, scores of self-help books, Web sites, gurus and classes have sprung up, touting the notion that buying property from distressed homeowners is not only the surest path to real estate wealth but also within easy reach of anyone with spare time and gumption."
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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.