Harry's Blog

2008! It was the best time to buy real estate, it was the worst time to buy real estate. This years real estate market is definitely going to be one for the books. To be sure, if you have shaky credit or an unsure employment picture this is probably not a great time to be trying to get a loan for...

As the foreclosure market heads toward the next year, things don't appear to be turning around for the better any time soon. But sometimes you can make more money in a bad market than in a good one. I recently read that the time to buy (whether it's stocks or houses), is when prices are falling a...

The real estate market by nature is local, and that applies to buying investment properties as well. Most experienced investors stick to neighborhoods and areas they know well. They know the price ranges as well as what kind of features that the homes in that neighborhood have. For an investor th...

As a side note to my last blog about informative sites on the internet, I just found another site devoted to house flipping. Although it does have a book it is trying to sell, it gives away a lot of first hand advice from an experienced flipper that is very interesting. The link is as follows:htt...

 It never ceases to amaze me at what can be found on the internet, especially for free. The trick is to know how to ask the question on the search engine. Google is very helpful, you can navigate their help site and it will give you all kinds of tips and tricks to make your searches more successf...

 While this blog is primarily for people who like to flip houses and/or buy foreclosure properties, it is always about great ideas for making money in real estate. I ran across a great article on the Real Estate Journal online, a division of the Wall Street Journal. The article, which can be read...

Everybody in real estate knows about the prime real estate market, which tend to include the upper priced to luxury priced homes of the market. Then you have modest homes in the working to middle class neighborhoods. But what happens to the worst homes in the worst areas that the banks get stuck ...

From all the articles and expert opinions I have been seeing and hearing, it looks like the worst is yet to come in real estate market in the way of foreclosures. The number of houses on the market  because of repo's will be somewhat higher as the numbers get worse for the mortgage industry. At p...

One avenue that tends to be overlooked by home investors is offering a rent to own option to their tenents.  There are plenty of lease option buyers, even in a slow market. It's a win-win situation for both investor and resident alike. Once the renters lock in a sales price that the investor has ...

Traditionally, the credit score of 620 is where prime mortgage rates end, and sub prime rates begin. While this can vary from bank to bank, that's kind of the rule of thumb. It looks like with what's happening in the current credit crunch, that dividing line has gone (or is going) to about 680.  ...