distressed property: Robopedia: Short Sale vs. Distressed Property - 11/21/08 05:35 PM
It is easy to get all mixed up with the vocabulary swirling around the real estate market these days. Two very confusing terms being thrown around right now are short sales and distressed properties. While the two are similar and many times both are involved in the sale of a home, … (0 comments)
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distressed property: CoppellLocal REALTOR® Receives Certified Distressed Property Expert Designation - 11/12/08 04:26 PM
Helping Families Avoid Foreclosure
Christi Greene, sales associate at Keller Williams has completed the rigorous training program and has received the designation of "Certified Distressed Property Expert" (CDPE) To help families avoid foreclosure.The training is a 21+ hour course designed to help Realtors counsel homeowners, and help families avoid foreclosure. The developers of … (0 comments)
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distressed property: The housing mess: 5 'dumb' questions: an interesting article... - 11/11/08 12:26 PM
I read an article on MSN this morning and thought that it was not only well written but also made understanding some of today's housing situation easier for a person not in the real estate business.
The article was: The housing Mess: 5 'Dumb' Questions, by Marilyn Lewis. It basically said that … (0 comments)
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distressed property: Previous Orland Park Short Sale Home Now Condemned - 11/10/08 02:17 PM
There was a beautiful Orland Park, Illinois home for sale that had originally been listed at $379,900 in May of 2007. I did not show it at that price and am not sure if the owners still resided in the home when it was first listed. MLS photos showed it fully … (5 comments)
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distressed property: Washington State Foreclosure Rate Fairs Better Than Most - 11/05/08 10:44 PM
The number of home foreclosures in Washington State is lower than many. In the most recent edition of Washington Realtor News, they report:
"According to the Mortgage Bankers Association the current foreclosure rate for Washington State is 1.04%, whereas nationally it is 2.75%. Washington ranked 45 in delinquencies and 44 in … (0 comments)
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distressed property: Certified Distressed Property Expert Course - 11/01/08 10:24 AM
I will be attending the CDPE NOW course on Nov. 17 and 18 in Costa Mesa. IF anyone has clients in the San Diego Area that need assistance regarding Distressed properties, PLEASE contact me. I am fluent in SPANISH as well.
Thank you,
Mauricio Perez
Wright Real Estate … (0 comments)
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distressed property: Why you need Title Insurance now more than ever - 10/30/08 03:50 PM
Lately we have been inundated with reports of real estate foreclosure auctions, short sales, distressed property and seized property sales. If you are contemplating purchasing real estate through one of these means you should consider the many pitfalls that you may encounter. Of utmost importance is that you secure a clear … (0 comments)
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distressed property: Seattle Property For Sale - Seattle, WA Distressed Houses - 10/26/08 10:28 PM
THE SEATTLE WA METRO AREASeattle is the largest of four-county metropolitan cities called the Puget Sound region. Other cities in this region are Bellevue, Everett, Tacoma and Bremerton. They are surrounded by growing cities Redmond, Kent, Renton, Bothell, Issaquah, and Kirkland.
SEATTLE WeatherThe High temperatures in the Seattle area average about 75 … (0 comments)
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distressed property: MAUI SHORT SALES & A REALTOR WHO KNOWS HOW TO DO THEM! - 10/20/08 10:09 PM
Maui Homeowners are feeling the dramatic effects of the current "economic" turmoil. It is quickly becoming more & more of a harsh Reality for some homeowners that they cannot continue the way things are currently heading. I am talking about a Monthly home mortgage they no longer can afford to … (0 comments)
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distressed property: Short Sales & Foreclosures??? How to determine how to proceed......... - 10/20/08 08:42 PM
Changing Markets - I am very concerned about the mortgage crisis not only for its affect on the real estate business but more importantly for its affect on homeowners. The more important thing to understand is that not only are those with subprime loans affected, today we are seeing more and … (0 comments)
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distressed property: Facing Foreclosure? Possible Short Sale? - 10/19/08 11:44 AM
You're facing foreclosure- is a short sale the answer?
For those that know me personally, you know that I am always looking for ways to assist my clients. I am continually learning about the changes in 'our' market and use that knowledge to best serve my client base. As this … (0 comments)
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distressed property: Facing Foreclosure? Considering a Short Sale? - 10/19/08 11:10 AM
This real estate market has caused great stress and heartache.
As a Certified Distressed Property Expert and REALTOR, I can give you the expertise necessary to save your credt, relieve the uncertainty and most of all help your family. Let me show you the options you have. My goal is to keep … (0 comments)
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distressed property: Distressed Property in Estes Park, Colorado - 10/08/08 12:23 AM
In a time where the media is flooded with talk about foreclosures, short sales, and the sub-prime mortgage crisis, you may be wondering how all this affects Estes Park.
First, there may be some confusion between the different types of distressed property.
What is a Distressed Property?
When a homeowner gets … (0 comments)
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distressed property: The Mysterious Short Sale Explained - 10/06/08 02:43 PM
View the original article here written by my business partner Johnny Schiro
So you want to invest in real estate, and like any smart investor, you want to buy low (and later, sell high). Logical thought process leads you to distressed property: foreclosures, pre-foreclosures, estate sales, and so on.
Getting Started
… (0 comments)
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distressed property: Now is the time to buy your first home!!! - 10/03/08 01:17 PM
Opportunity is available now to purchase distressed homes that have built in equity. These homes may be damaged, but provide an opportunity to aquire and fix up the home of your dreams. If you are able to qualify under normal loan guidelines and meet the requirement of as little as 3% down payment … (0 comments)
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distressed property: 6601 Deering Circle, Sarasota FL, Lakefront Cutie! Now $250k Short sale opportunity. - 09/25/08 10:28 PM
6601 Deering Circle, Sarasota, FL 34240. For more information, check out
www.WilsonHOMETEAM.com or www.TheSarasotaHOME.com
or call Craig and Brenda Wilson at Keller Williams Realty, 941.321.4410
… (0 comments)
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distressed property: Distressed Property Hawaii Law MUST be Amended to Exclude Realtors. - 09/25/08 02:54 AM
The stated purpose of the new law is to protect the property owners facing foreclosures, liens, or encumbrances from persons who would prey on them.
This act addresses possible misrepresentations by such persons who would offer assistance to these owners and requires them to fully describe their services in a … (3 comments)
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distressed property: Home Buyers Wanted - 09/22/08 05:49 PM
If you are thinking of purchasing a home or property in the Vancouver Wa or Portland OR. area you need to call Dan Bradstreet NOW!.
There are some great deals on homes right Now and I have the time and expearience to help you find that home right now.
Distressed Property List
… (0 comments)
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distressed property: Short Sales, Foreclosures, REO – Myth or Magic? - 09/22/08 09:56 AM
Short Sales, Foreclosures, REO - Myth or Magic?
It seems that everybody I speak with these days is looking for "distressed properties". Having been involved in the distressed market since 1988 and having bought and sold dozens of them over the years both for my own account and for those … (0 comments)
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distressed property: Tacoma Best Buy...Preforeclosure...Get Before the Bank... Remodeled 4 Bed+ - 09/08/08 05:01 PM
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distressed property: Preforeclosure...Get Before the Banks @ a Discount...Updated Home. - 08/16/08 11:32 AM
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distressed property: Become a Certified Distressed Property Expert - Class Offered in Southern California - 08/07/08 10:07 AM
FORECLOSURE! SHORT SALE! PRICE REDUCED! REO! It's in all the headlines and for many real estate professionals, it's not a matter of choice whether we need to work this part of the market...it's only a matter of when. If you're like me, you may be feeling it's time it's time for … (80 comments)
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distressed property: Tacoma Rambler w/ Basement, 4+ Bed - Short Sale...PreForeclosure - 08/06/08 01:59 PM
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distressed property: How to get list of Lender Owned Properties for Free w/no strings attached. - 08/06/08 12:33 AM
I am currently working the REO (Real Estate Owned) side of Real Estate and have been on both sides of the negotiation table when it comes to Lender Owned Properties. I have successfully closed on REO’s and am currently selling these properties for a regional bank in my area. REO’s … (0 comments)
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distressed property: Short Sales, Preforeclosures and Foreclosures in Miami and Miami Beach - 08/02/08 11:30 PM
Many buyers right now are focusing on the many distressed properties available for sale right now. There are without doubt some very good deals, however, there are also many if not more good deals out there for property that is not a short sale or a bank-owned foreclosure.
Many buyers do … (0 comments)
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distressed property: Foreclosures, Short Sales and Deals in the South Beach Luxury Condo Market - 08/02/08 11:06 PM
If you were to guess how many 3 bedroom waterfront condos in South Beach are either bank owned foreclosures or preforeclosures (short sales) that are available for sale, what would you guess the number to be? Keep in mind all of the dire predictions emanating from the many voices of doom … (0 comments)
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distressed property: Some Sellers of Miami Waterfront Condos are offering Owner Financing - 08/02/08 10:50 PM
Out of curiosity I did a search to see how many homeowners are willing to offer owner financing towards the purchase of their waterfront condos in Miami-Dade County. The number is approximately 61 homeowners.
The prices of these condos range from over $4 million for a 2/2 on Fisher Island to … (1 comments)
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distressed property: Where are the Bulk Condo Deals in Miami? - 08/02/08 10:28 PM
There has been a lot of conjecture about developers unloading their projects due to the market. Many buyers still believe that they should be getting properties for 50 cents on the dollar even though many of the properties have already been adjusted down somewhat to meet the market. Developers have become … (0 comments)
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distressed property: 7 things that can make a short sale highly unlikely - 07/30/08 11:17 AM
Short sales require patience, dedication, tenacity, some skill, and some luck to successfully complete. All these factors add up to partially explain that, according to National Association of Realtors (NAR), only 1 out of every 10 short sale listings successfully close. Another main reason, that I believe short sales have become … (2 comments)
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distressed property: Short Sales & Sellers with homes facing Foreclosure- What, Why, When, How, How Much, How Long...Be Careful~ Vancouver, WA/Portland, OR - 07/28/08 07:30 PM
SHORT SALES, PRE-FORECLOSURE SALES, FACING FORECLOSURE
Short Sales: What are they?
A short sale occurs when a seller wants to sell a home that is worth less than what is owed on the property. Therefore net proceeds from the closing are not sufficient to payoff the mortgage/mortgages in full. … (0 comments)
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distressed property: Miami Beach Waterfront Homes-Report on Available Listings - 07/26/08 04:51 PM
There are a total of approximately 323 waterfront houses currently available that are in Miami Beach and Surfside, Bay Harbor Islands, Bal Harbour, Sunny Isles and Eastern Shores, which are all on the beach side of Biscayne Bay and within 10-20 minutes away from South Beach. I also included waterfront homes in northeast … (0 comments)
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distressed property: Distressed Property; Is it a Positive Investment? - 07/25/08 09:37 AM
Distressed Property is defined as property that is either in a dilapidated state or is owned by someone who is facing financial hardships. With the housing market down and many people facing foreclosures, many investors are turning their attention to investing in Distressed Property. It should be noted that not all … (0 comments)
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distressed property: Tips to repairing your credit and get ready to buy a home in the near future - 07/22/08 03:15 PM
We get great questions asking us how to get your credit back in shape to purchase a home. Here are a few things that you can do that will get you on your way! With the real estate market in position to decline for a minimum of next 18 to 24 … (0 comments)
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distressed property: June 2008 Broward County Condo Market Report - 07/12/08 11:37 PM
In June 2008 in Broward County, the inventory was down 1%, sales decreased 12% and pending sales were up over 8% over the last month. Compared to a year ago, the inventory is down about 3% and sales are down over 16%.
Currently there are 23,250 condos available for sale; 740 condos sold … (0 comments)
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distressed property: June 2008 Broward County Market Report -Single Family Homes - 07/12/08 11:18 PM
In June 2008 in Broward County, the inventory was stayed the same, sales increased about 12% and pending sales were up about 8% over the last month. Compared to a year ago, the inventory is up about 3% and sales are down over 16%.
Currently there are 16,453 single family homes available for … (0 comments)
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distressed property: June 2008 Miami-Dade County Condo Market Report - 07/12/08 11:00 PM
In June 2008 in Miami-Dade County, the inventory was down slightly, sales decreased 8% and pending sales were down about 5% over the last month. Compared to a year ago, the inventory is up about 8% and sales are down over 20%.
Currently there are 25,714 condos available for sale; 561 condos sold … (1 comments)
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distressed property: June 2008 Market Report for Single Family Homes in Miami-Dade County - 07/12/08 10:00 PM
In June 2008 in Miami-Dade County, the inventory increased, sales decreased slightly and pending sales increased over the last month. Compared to a year ago, the inventory is up over 20% and sales are down over 35%.
Currently there are 17,474 single family homes available for sale; 443 homes sold for an average … (1 comments)
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distressed property: How to Find Distressed Properties - 07/08/08 12:20 PM
This the third post in a series I am writing on finding distressed properties. Posts 1 & 2 can be found here.
Marketing
Marketing to owners of distressed property is the third method of finding distressed property.
Marketing Costs
For purposes of this post we will define marketing as the … (1 comments)
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distressed property: 3 Bedroom Condos - Short Sale Opportunities in Miami Beach and Miami - 07/05/08 11:29 PM
Here are short sale opportunities for 3 bedroom condos in Miami Beach, Miami and Fisher Island. In each situation, the seller has declared a financial hardship as they are not able to pay the mortgage. In the majority of cases, the seller's lender(s) will accept a sale of the property for … (1 comments)
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distressed property: Short Sale Opportunities in Miami and Miami Beach - 07/05/08 11:15 PM
Here are some other short sale opportunities for 2 bedroom/ 2 bathroom condos in Miami Beach, Miami and Fisher Island. In each situation, the seller has declared a financial hardship as they are not able to pay the mortgage. In the majority of cases, the seller's lender(s) will accept a sale … (1 comments)
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distressed property: Miami Beach Oceanfront Deals and Steals - 07/05/08 09:41 PM
I recently did a search for a client who is looking for 2 bedroom/2 bathroom oceanfront condos for under $950,000. I found 17 condos that range in price from $400,000 to $950,000. Many of the condos are in buildings built after 1990, however, a few are older. Note that some of … (2 comments)
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distressed property: Great Rental in Miami Beach- Huge One Bedroom with Water Views -$1,600 per month - 06/28/08 10:29 PM
Huge,fully renovated One Bedroom with Direct Water views of IntraCoastal and Ocean with Large Balcony. New, modern kitchen and bathrooms. Electricity, A/C, basic cable and Internet are included in Rent. 1,135 sq. ft, of interior living area facing south.
King Cole Condo is near the end of $8 million of renovations. … (0 comments)
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distressed property: NEW 2/2 IN DOWNTOWN MIAMI- FAST SALE REQUIRED - $395,000 - 06/28/08 09:13 PM
Seller must sell now!!! Very, very motivated to sell immediately this amazing 2 bedroom/2 bathroom (1,174 sf) with wrap-around terrace of 373 sf on 25th floor with water views in Axis on Brickell. Italian kitchen cabinets with stainless steel appliances. One of the nicest luxury buildings. Designed by world renowned and … (0 comments)
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distressed property: Going Once, Going Twice, SOLD . . . Sheriff's Sale, Part 2 - 06/26/08 08:42 PM
This is what I came to see, the rough and tumble world of a sheriff's foreclosure auction. Funny, the people sitting in the lobby around me didn't look like the old west, but then again, looks can be deceiving.
The clerk (and not the sheriff), in her monotone voice, began reading … (0 comments)
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distressed property: Certified Distressed Property Expert - 06/16/08 06:34 PM
Don't throw your clients under the bus! Let's help them save or sell their homes. If you have a client with a Distressed Property - Help them Save It, Sell It, or Refer It to someone who can.
… (10 comments)
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distressed property: Short Sales or "Long Sales" in Miami - 06/08/08 01:35 PM
Many of the best priced properties for sale these days are either short sales or bank owned foreclosures. More often than not these short sales are taking a long time to close. Many take a few months; some much longer. There have been a number of cases where a short … (3 comments)
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distressed property: Market Conditions for Miami-April 2008 - 06/06/08 08:08 AM
In Miami(Miami-Dade County) 829 homes and condos sold in April with sales prices that were 89% of asking price. The average sales price was $510,000 and the median price was $280,000 and stayed on the market for 128 days. Call 1-800-639-3520 Ext. 9009 for Free Reports on Miami (our 24-hour recorded … (0 comments)
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distressed property: Miami and Florida Statistics for Distressed Properties and Foreclosures - 06/06/08 07:35 AM
As of May 11, 2008, the following statistics were found relating to distressed properties.
Miami-Dade County currently has 113,127 Preforeclosures, 38,786 Auctions and 10,122 REOs, which totals over 162,000 distressed properties. The Miami area is believed to be #4 in number of distressed properties.
There were an estimated 2,537,260 Pre-foreclosures, 1,518,436 … (0 comments)
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distressed property: June 12th, Buyers Beware of New State Law - 06/06/08 04:36 AM
On June 12, 2008 in Washington State, a new law goes into effect called The Distressed Property Law. The intent of the bill seems to be to prevent equity skimming which is when a property with equity goes into foreclosure because the owner cannot make payments and an unscrupulous investor talks … (0 comments)
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distressed property: South Beach Condos-Largest Price Declines - 06/04/08 06:39 AM
Out of curiosity the other day, I wanted to see which currently listed condos in South Beach have adjusted their prices down the most from the original list price. Keep in mind that this information has been extracted from the Southeast MLS and is based on the information provided there, so … (0 comments)
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distressed property: New Law to Make Professional Representation Hard to Find for Short Sellers - 06/04/08 02:19 AM
On June 12th the new "Distressed Homeowner Law goes into affect. It is designed to protect people facing foreclosure WITH positive equity in their property from having the equity stolen. Many states (about 20) now have similar laws and in every other case Real Estate Agents have been exempted so they can offer representation to Distressed … (5 comments)
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distressed property: Dear Govenor Gregoire, - 06/04/08 02:04 AM
I have been a fan of much that you have accomplished so please do not take this the wrong way.
I am a Real Estate Agent, ok, maybe not the first you have heard from lately and you can probably guess why I am writing but I need to ask if … (1 comments)
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distressed property: Advantages of a Miami Short Sale - 06/01/08 10:51 PM
Here is the short version. Going into foreclosure can stay on your credit record for more than the 7 years they say, and your credit score typically goes down over 300 points, whereas, a short sale may cause a reduction of your credit score by 50-100 points and does not stay … (1 comments)
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distressed property: Miami Real Estate Stalemate - 05/29/08 09:59 PM
We are in the midst of a stalemate where the sellers are not lowering their prices enough to sell, and the buyers are firm in their belief that the prices are not low enough. Also contributing to this is the perception that the market still has not bottomed out. With dire … (0 comments)
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distressed property: Sunny Isles Beach Real Estate Statistics for April 2008 - 05/29/08 07:32 AM
During the month of April, there were 42 residential sales in Sunny Isles that sold for an average of $477,386 and were on the market for an average of 171 days before going to contract. In March 2008 there were 33 closed sales. One year ago, there were 35 closed sales during April … (0 comments)
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distressed property: Bank-related transactions in April 2008 - 05/27/08 11:30 PM
At a recent sales meeting these numbers were shared with our office, which show how prevalent bank-related properties are in our marketplace in Miami-Dade County. Bank-related properties are defined as pre-foreclosures and REOs.
Single-Family Homes in Miami-Dade County
19% of all active listings are bank-related
29% of all closings are bank-related … (1 comments)
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distressed property: Best Deals for Waterfront Houses in Miami Beach - 05/27/08 10:46 PM
Here are 6 single-family waterfront houses that are among the best values for Miami Beach waterfront real estate. They range in price from $1,099,999 (a short sale) for a 4/4 with 3,100 sf on Normandy Isle to the lowest priced waterfront house on North Bay Road for $3,495,000 to a renovated 5 bedroom/7 bathroom … (1 comments)
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distressed property: Bank-owned, short sale and rehab properties update for 5/27/08- Braintree, Holbrook & Randolph - 05/27/08 11:49 AM
Bank Owned, Short Sale and Rehab Property hot list update 5/27/08
Featured towns: Braintree, Holbrook & Randolph
The majority of these properties are located in Randolph and Holbrook. If you would like more information about any of these properties or if you would like a detailed report about distressed … (0 comments)
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distressed property: It's A Down Market, What Down Market? - 05/25/08 01:12 PM
I don't know about any other Realtors, but I have been keeping pretty busy. While most agents around the country are struggling, I am doing pretty well. Grant it this isn't 2005, but I'll take it. You see I recognized early on that we would be in this situation (somewhere around … (0 comments)
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distressed property: What Is A Certified Distressed Property Expert? - 05/17/08 02:17 PM
What Is A Certified Distressed Property Expert?Eighty-five percent of homeowners experiencing financial distress say their first contact will be to a licensed agent. Yet, less than 1 percent of agents consider themselves foreclosure or distressed property experts. The Nathanson Brothers have taken the time and money to invest in the education … (2 comments)
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distressed property: Having Trouble Making Your Mortgage Payments? Call An Experienced and Educated Realtor First. - 05/16/08 06:53 PM
Having Trouble Making Your Mortgage Payments? Call An Experienced and Educated Realtor First.
We believe that the most important person to talk to if you are having trouble making your mortgage payments is an experienced and educated Realtor.
Notice that we qualified ourselves by saying experienced and educated. In reality, the majority of agents are not experienced … (0 comments)
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distressed property: Why Not Just "Let The Bank Take It Back" - 05/16/08 05:49 PM
Unfortunately, many frustrated and scared homeowners say that they will simply "give it back to the bank." There are many who have been so frightened by the bank's bill collectors, that they simply move out in the middle of the night!
What they don't realize is that a foreclosure doesn't come … (2 comments)
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distressed property: Worried About Losing Your Home To Foreclosure? - 05/15/08 06:51 PM
Worried About Losing Your Home To Foreclosure?
You are not alone. Florida alone has almost 1 million distressed homes (pre-foreclosure, bank auctioned, and bank owned homes), and makes up over 15% of the national distressed property market. In Broward and Palm Beach Counties, approximately 1 in 25 homes are in some stage … (2 comments)
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distressed property: Absolute Auction end of May 2008, Assessed at $383k Pembroke Pines - 05/14/08 01:44 PM
Intereseted in picking up a "steal"? Contact me today re: an upcoming auction at the end of May. Many properties will be sold absolute to the highest bidder. No financing contingencies. $5k escrow check and the ability to close within 30 days are needed. 7.5% Buyers premium, with or w/o the … (0 comments)
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distressed property: The Upside of a Down Market – The Foreclosure Factor - 04/21/08 05:11 PM
Everyone in the real estate business is in the same boat. With the exception of foreclosure attorneys, this troubled market has taken a bite out of anyone who makes their living from real estate. A number of mortgage brokers have shut down; numerous agents have taken second jobs or left the … (0 comments)
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distressed property: Distressed Listings in Long Beach, and More - 04/02/08 02:52 PM
Market samples:Zip code 90803 (Bluff Park, Belmont Shore, Belmont Heights, Naples) - Single family: 5 properties listed as short pay and/or pre-foreclosure, out of 109 single family listings, or 5.5% of the MLS listings are distressed. Condos: 6 properties listed as short pay/NOD (notice of default), out of a total of … (2 comments)
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distressed property: Are you in trouble with your property? Call an EDUCATED agent first. - 03/21/08 06:00 AM
I believe that the most important person to talk to if you are in financial trouble with a property is an educated REALTOR. Notice I use the qualifier educatedthe reality is that the vast majority of agents are not experienced in working with homeowners experiencing financial distress however those that are can … (3 comments)
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distressed property: Foreclosures, REO Bank Properties, Short Sales, For Kailua Kona, HI. Real Estate as of 8/6/2008 - 03/06/08 01:14 PM
This is the short list on Kailua Kona Foreclosures, Short Sales, REO, Bank Owned Properties, If you are interested in a particular area, subdivision, or complex - please email me directly. It seems as though other agents were using the full list - So I will be just posting partial lists … (0 comments)
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distressed property: Drastically REDUCED below $400K ! Craftsman with 9 Foot Ceilings in Monrovia, Foreclosure, Short Sale ! - 02/27/08 02:18 PM
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distressed property: Consumer Steps to A Short Sale - 02/22/08 09:40 AM
What are the steps to a short sale? There are many ways to negotiate a short sale but here are the basics steps that you need to accomplish:Find a Realtor experienced withshort sales, preferable one who has earned the CDPE (Certified Distressed Property Expert) Designation and hire them. Since many banks are requiring … (3 comments)
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distressed property: Deed Adendum - New Tactic Being Used by Investors - Be Careful - 02/21/08 08:09 AM
There is a new devious tactic being used by investors to prey on homeowners that are in distress and are trying to sell via short sale. It is similar to the old tactic of "equity stripping" or taking a property "subject to" where the owner signs a deed over to the … (8 comments)
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distressed property: REO, Bank Owned Property asking $235,900 3/2 in P Pines! - 02/14/08 10:42 AM
BANK FORECLOSURE, BUYERS MUST HAVE PRE-QUAL LETTER FROM WELLS FARGO, BUT CAN USE ANY LENDER, SELLER'S TITLE COMPANY, GREAT CONDITION, LARGE CORNER LOT, NEWER ROOF, RECENT PAINT, NEWER APPLIANCES, SHED, LARGE PATIO MADE TO FAMILY ROOM - LOVELY AREA … (0 comments)
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distressed property: Foreclosures in Rhode Island - 02/01/08 05:48 PM
People are always asking me how to find a foreclosure to buy in Rhode Island. I don't think everyone understands the procedure so I thought I would clear it up.
Where can you find a property before foreclosure?
In Rhode Island, the foreclosure does not need to be filed in the courthouse as … (1 comments)
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distressed property: Long Beach and Lakewood Foreclosures: Deals and Helping Owners OUT! - 01/20/08 01:02 AM
2008! The year where the market is supposed to correct. Unfortunately , there are is an 800lb gorrilla in the room. That is the Foreclosure, short sale, bank owned and REO market. In my last blog post, I mentioned that the market is great for buyers. I didn’t mean to … (0 comments)
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distressed property: Special Financing Programs for First Time Home Buyers or Real Estate Investors with Low Income or Credit Problems - 01/06/08 06:17 PM
Building Dreams for the Future...One Home at a Time-We Specialize in the Best for Less! Do you dream of owning your own home or creating wealth through investment income property? Are you currently working on getting out of foreclosure or repairing your bruised credit? Do you wish to refinance your property at … (0 comments)
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distressed property: Duck! Your Mortgage has Raised the ARM, it is Swinging at you and About to Knock You Down! Kendra Pack is your Body Guard from Bloomfield Financial Services, Inc and she will Fight Back and Break the ARM! - 01/06/08 06:15 PM
FHASecure is a Great Program for Assisting Borrowers who are Currently in a Conventional Adjustable Rate Loan. Are you delinquent in your mortgage payments? Is your delinquency a direct result of the adjustable rate reset? FHASecure is a new program, available until December 31, 2008, designed to offer relief to this situation … (1 comments)
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distressed property: REO, Bank Owned property ONLY asking $219,900! - 12/20/07 01:17 PM
REDUCED!!!!!!! CORPORATE OWNED!!! A REALLY NICE TOWNHOUSE IN A VERY CONVENIENT LOCATION!!! AN END UNIT. CLOSE TO SHOPPING, BUSINESS CENTERS, AND MORE!!! SOLD AS-IS. A NICE SIZE FENCED PATIO!!
… (0 comments)
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distressed property: REO, Bank Owned property ONLY $159,900!! - 12/20/07 10:34 AM
CORP OWNED-SOLD IN CURR.COND.NOREPAIRS,WARRANTS,DISCLOSRS. OR INSPECTNS. PROVIDED BY SELLR. SPEC. ADDEN. REQ. SELLR RESERVS THE RIGHT TO NEGOTIATE OFFERS IN ANY ORDER. 24-72 HRS. SELLER WILL PAY NO R.E. TRANSFER TAXES. FOR SELLR VERB. RESPSE. SELLR HRS. ARE M-F 9-5. PRE-Q LTR FR A DESIGNTD WELLS FARGO HOME MORTG. CONSULT. MUST … (0 comments)
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distressed property: Nice area, HOPA 1/1 @ only $54,900!! Yes, not a misprint! - 12/08/07 01:06 PM
HOPA Community, why rent when you can own? This property is a first floor unit and is PRICED TO SELL IMMEDIATELY! This is an as-is transaction, dishwasher and stove needed; Unfortunately, NO PETS ALLOWED. $150 fee for credit and criminal background check; Personal interview required. What will your mortgage payment be … (0 comments)
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distressed property: Corporate Owned 2/2.5 in Westview asking only $167,500! - 11/30/07 11:17 AM
Corporate owned foreclousre, NOT A SHORT SALE! Let me help you submit an offer and only wait 72 hours for an answer. Have instant equity! This is an as-is sale, no exceptions!
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distressed property: Foreclosures in San Diego County - 11/26/07 11:53 PM
There's a lot of talk these days about foreclosures, reos, and defaults. In an effort to answer our client's questions about what was going on in the market, we implemented Foreclosure maps, where we take the current data and plot it on the map. This allows our clients (and us) to … (0 comments)
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distressed property: A Funny World (1): Holly See or Holly Shit? - 11/24/07 01:07 PM
Are You A Real Estate Contrarian Investor?
Governor Schwarzenegger Lobbies Congress for California Homebuyer Assistance
****** ******* *******
I admit that I am a book warm. I read a lot of enlightening articles every day. So many articles inspired me so much yesterday that I would like to write an article entitled: "From K to … (2 comments)
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distressed property: Check out the pool! Zestimate is over $270,000, but list is $189,812!! - 11/03/07 12:16 PM
NICE POOL HOME.LARGE MASTER,LOTS OF CLOSET SPACE. PRE-FORCLOSURE! THIS IS A SHORT SALE SUBJECT TO BANK APPROVAL. BANK APPROVALS MAY TAKE UP TO 90 DAYS. PROPERTY BEING SOLD IN "AS-IS" … (1 comments)
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distressed property: I am in Foreclosure -- Why not just send the bank my keys?!?! - 10/09/07 02:12 PM
Here are our top ten reasons to do everything you can to avoid a foreclosure:
10. You will always have to disclose that you have had a foreclosure on any future mortgage application you submit in the future and this can have an adverse affect on your future mortgage rates.
9. You … (0 comments)
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distressed property: Renovation and Rehab programs from Fannie and Freddie - 10/05/07 07:04 PM
These can be complicated little files - significantly more work that than most and relatively few lenders who will support them but....
If you as a Realtor have a customer who sees an opportunity in a property that is distressed, but with some renovation/rehabilitation could be a gem, help them to explore … (2 comments)
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distressed property: Westview #4 Lowest price in all of Westview!! $175,900 - 09/27/07 11:25 AM
CORP OWNED-SOLD IN CURR.COND.NOREPAIRS,WARRANTS,DISCLOSRS. OR INSPECTNS. PROVIDED BY SELLR. SPEC. ADDEN. REQ. SELLR RESERVS THE RIGHT TO NEGOTIATE OFFERS IN ANY ORDER. 24-72 HRS. SELLER WILL PAY NO R.E. TRANSFER TAXES. FOR SELLR VERB. RESPSE. SELLR HRS. ARE M-F 9-5. PRE-Q LTR FR A DESIGNTD WELLS FARGO HOME MORTG. CONSULT. MUST … (0 comments)
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distressed property: Santa Catalina, REO, Bank Owned 2/2 1238 under air $160,000 - 09/18/07 10:36 AM
Bank-owned foreclosure/REO priced below Market. Unit has 2 Master bedrooms, both with walk-in closets. No neighbors in back. Sold As-is.
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distressed property: La Perla, Sunny Isles High rise as low at $394/sq. ft!! - 09/11/07 09:55 AM
Developed by Cornerstone Premier Communities, the La Perla condo was completed in 2006. The 43-story, oceanfront property has 1 & 2 bedrooms for sale. Prices start at $580,000. The condos have water views and range from 1,037 - 1,887 square feet.
Property features
· Oceanfront park
· Cascading fountains
· Tropical gardens
· Landscaped sun deck
· … (0 comments)
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distressed property: La Perla 2/2.5 27th Floor $400/sq. ft @ $569,000 on the SAND! - 09/10/07 04:15 PM
BRAND NEW 2 BR./2 BATH UNIT. 180 DEGREE VIEW FROM ITS OVERSIZED GREAT ROOM , CONDO OFFERS MANY AMENITIES.VALET PARKING, OCEAN FRONT, POOL AND MUCH MORE. RIGHT ON THE BEACH AND CLOSE TO SHOPPING, RESTAURANTS, MOVIES, ETC. OCEAN FRONT PROPERTY AT LESS THAN $400 PER SQUARE FOOT.
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distressed property: Let's Make Some Money Together! - 09/08/07 01:55 AM
Hello Everyone,
I thought I would let you know a little more about what I'm doing and hopefully we can do some business! I am a Realtor/Investor specializing in Maricopa County, AZ. I have been on the Acquisition end for the last 4 years, BUT since the turn of the … (6 comments)
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distressed property: You Can Be A Hero! - 08/25/07 12:53 PM
Short Sales The educational portion of our weekly sales meeting was on the topic of "Short Sales." With the growing number of foreclosures nationwide and most definitely in the State of Georgia where we do business, I think every sales agent needs to be cognizant of this possibility. The majority in … (1 comments)
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distressed property: Short Sale/ Pre-Foreclosure 3/2 Malibu Bay @ $230,000 - 08/23/07 11:06 AM
Must have minimum $3-5k for escrow deposit, good credit. ***PRE FORCLOSURE**** SHORT SALE *** DEAL MUST USE LAWYER'S ADVANTAGE TITLE CO.** PLANTATION **- NO SELLER CONCESSION ** MUST BE IN FAR 9 CONTRACT*** … (0 comments)
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distressed property: Need Distressed PropertIES! - 08/02/07 02:20 PM
Howdy everyone!I need to find some discounted properties ASAP! I do not care what type of "issues" are involved in the home, or if you have an assignment fee tacked on! What I do need is pictures of the property, price, ARV if applicable, desired price, and anything else about your … (2 comments)
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distressed property: Can I get cash from my home if I sell it in a Short Sale? - 08/02/07 11:16 AM
The answer is simple - absolutely not. Now some investors will argue with me that while its true that a seller cannot be compensated for selling their home in a short sale why can't the investor buy say a couch or clothing or some other asset from the seller after closing … (5 comments)
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distressed property: What is pre-foreclosure and what should I do?? - 08/01/07 03:31 PM
What is pre-foreclosure and what should I do?? -- This is a question my wife and I answer on a daily basis.
Along with:
What is Lis Pendens? What is pre-foreclosure?How much time do I have before my house is taken?What if I can't pay? What if I owe more than my … (2 comments)
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distressed property: Short Sale Opp. in Viscaya Las Terrazas 3/2.5 $279,000 - 07/25/07 02:33 PM
New townhome - Diagonal tile downstairs, creme carpet upstairs, freshly painted with neutral colors, granite kitchen and stainless steel appliances, crown molding downstairs,master bath-dual sinks and roman tub. Covered patio. Largest model in Las Terraza's. Has large bedrooms, split floorplan for all bedrooms. Clubhouse has pool , gym, and jacuzzi. Gated … (0 comments)
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distressed property: Short Sale Opp. in Viscaya Las Terrazas 3/2.5 $279,000 - 07/25/07 02:23 PM
New townhome - Diagonal tile downstairs, creme carpet upstairs, freshly painted with neutral colors, granite kitchen and stainless steel appliances, crown molding downstairs,master bath-dual sinks and roman tub. Covered patio. Largest model in Las Terraza's. Has large bedrooms, split floorplan for all bedrooms. Clubhouse has pool , gym, and jacuzzi. Gated … (0 comments)
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distressed property: REO, as-is 2/2.5/ 1 car garage Weston San Simeon @ $249,900! - 07/23/07 12:02 PM
REO with very agreeable terms. Great neighborhood. Call me for more info. on this property. Make an offer with a PQ letter and only $1,000 escrow deposit.
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distressed property: Lowest price 3 bedroom in Tuscany, Short Sale @ $279,000 - 07/11/07 02:29 PM
Pre-Foreclosure-Short Sale: Lowest priced 3 bedroom....New construction as of Jan 2006: 3 bedrooms- all upstairs, 2 1/2 baths, newer appliances, light maple kitchen cabinets, tile flooring on first floor, carpeting on second, washer and dryer upstairs, patio for peaceful sunsets. Community offers resort stykl pool, basketball court, clubhouse, park, picnic area, … (0 comments)
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distressed property: Miramar's Tuscany- Short Sale Opp. for patient buyer 3/2.5 @$284k - 07/03/07 02:08 PM
PRE-FORECLOSURE SHORT SALE, NEW CONSTRUCTION. 3 BEDROOMS ALL UPSTAIRS, 2 1/2 BATHS, NEWER APPLIANCES, GRANITE COUNTER TOP, TILE FLOORS AND CARPET ALL UPSTAIRS.THIRD PARTY APPROVAL REQUIRED.
CALL TODAY!!
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