short sale: Do Homeowners Still Owe Money After a Foreclosure? - 04/08/08 11:11 AM
Do the homeowners still owe the bank money after a real estate foreclosure? That is up to the bank. When you negotiate a successful short sale, keep in mind that the agreed upon price is payment in full so the title is clear for you to close. However, the homeowners may … (1 comments)
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short sale: The Secret to Success in Any Area That Real Estate Investors Cannot Afford to Neglect - 02/21/08 08:40 AM
You probably have - or used to have - a co-worker like Jonathan. He's not really that remarkable. Maybe he spent a couple of years in college, maybe he dropped out before he finished. He's average looking, kind of quiet and doesn't really stand out in a crowd. In fact, you're … (1 comments)
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short sale: OFTEN IMITATED — NEVER DUPLICATED - 01/24/08 10:06 AM
Dear StudentI've had the privilege to teach short sales to over 20,000 people in the last 8 years. During that time I personally managed to purchase more than 350 houses from people facing foreclosure. And our team continues to do so every day. This real life momentum has spawned thousands of … (1 comments)
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short sale: Why You Will Love Doing Short Sales - 01/14/08 12:11 PM
Negotiating Short Sales is a great way to supplement your income, or even replace your full-time job with a more lucrative and less time-consuming alternative. But the unlimited potential income is just one of many reasons that you're going to love doing short sales. Here are some other reasons that you … (0 comments)
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short sale: Preforeclosure Training and Information Perspective - 12/10/07 07:52 PM
Trying to find a great deal in real estate, even if the market is attractive and competitive it only means bargains do exist. In comparison to most financial portfolios where there's simply too much risk, real estate is still the most attractive path.
Fundamentally the sure way to find a great real … (0 comments)
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short sale: Market to Market Real Estate - 12/06/07 12:56 PM
Market to Market Real Estate
The glut of foreclosed properties is causing problems for those wanting to sell their homes. It's a good buyer market right now but as far as selling...it's problematic. From July through September of this year, California alone reported one foreclosure filing for every 88 households.With homeowners … (0 comments)
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short sale: Foreclosure Toolbox - 12/06/07 12:42 PM
The signs are apparent for any homeowner. Home foreclosure is right around the corner if you've fallen behind on repayment of loan and the house is serving as collateral. However there are tools available for these situations. Anyone who is facing the threat of home foreclosure needs loss mitigation services or … (1 comments)
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short sale: The Good, Bad and Pre-Foreclosure - 12/04/07 08:51 PM
Just because the housing market is horrible for some and great for others does not mean there are capital gains opportunities in high-yielding Real Estate Investment Trusts (REITs) for everyone. While the idea of making money is good, foreclosure investing might seem appealing but there is a downside. In many cases, … (0 comments)
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short sale: State Foreclosures Only Produce More Questions - 12/03/07 10:36 PM
Nationally, much of the blame for the current housing downturn has been placed on easy access mortgages that targeted many consumers who are now unable to pay.Although clearly the market is going down, the foreclosure issue is far more complicated to some. Industry insiders who make their living from mortgages say … (3 comments)
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short sale: Foreclosure Wars - 12/03/07 10:35 PM
As in any war, the force that's winning will continue to take everything it can from the weaker force until it is halted by a stronger power. In the "foreclosure wars," the battles rage on producing wounded and causalities alike.The neighborhoods hit the hardest by foreclosures were not always a haven … (0 comments)
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short sale: Preforeclosure Training and Information Perspective - 12/03/07 10:34 PM
Trying to find a great deal in real estate, even if the market is attractive and competitive it only means bargains do exist. In comparison to most financial portfolios where there's simply too much risk, real estate is still the most attractive path.Fundamentally the sure way to find a great real … (0 comments)
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short sale: Lien Priority - 12/03/07 10:33 PM
When you buy a home, the lender who gives you the loan creates a lien on the property, making the property collateral. In case the homeowner does not make the payments for some reason, the home can be sold by the lender so that the loan will be paid. Often there … (0 comments)
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