Short Sales - 5 Ways To Play By The Rules - 02/19/08 06:49 PM
Who do you thing makes he rules when you are doing a short sale? The banks make the rules and you have to play by them. They write them and they can use them against you. But, do you know the rules?
What do you think is going on with the loss mitigator you are speaking with? What do you think is going through his mind?  “I am way too busy to deal with you. I don’t care if you are the President of the United States. If I here one more complaint from you, your file is going to the … (1 comments)

Foreclosure Investing - So, How Is Business? - 02/14/08 05:55 AM
I sure hope that it is booming. If it is not you need to sit back and take a good look at both your business and marketing plans.If you are involved in real estate investing, and I assume that you are, this is a perfect time to be an investor. With all the market turmoil and the general negativity being published by the media opportunities are everywhere.Your negotiating is being done for you. Your customers know things are bad because they have been told so by TV and print media. All you need to do is get in front of them … (3 comments)

Rescue Me Take Me In Your Arms...... - 02/12/08 09:06 PM
Talk about something being an oxymoron. The Feds have done it again and are proposing a a new rescue plan called “Project Lifeline”. Their plan is to let six of the biggest banks, Bank of America Corp., Citigroup Inc., Countrywide Financial Corp., J.P. Morgan Chase & Co., Washington Mutual Inc. and Wells Fargo & Co. — all members of the so-called Hope Now Alliance over see the plan. Talk about letting the fox in the hen house. See this article
This bunch are the same people whose greed and over site brought on the mortgage crisis in the first place. … (3 comments)

Foreclosure Investing - Finding Your Sweet Spot - 02/10/08 07:14 AM
Foreclosure investing is a lot like tennis and golf in that tennis racquet's and golf clubs both have sweet spots and so does your real estate investing business.  Hitting the ball on the sweet spot maximizes your results.  Finding your sweet spot in real estate investing will help to maximize your profits.
To find your investing sweet spot you need to understand and monitor your local real estate market.  Even in the worst markets things are selling.  By carefully following sales you can determine the sweet spot for price, location and housing type.  It is critical to your business that you do … (6 comments)

 

Richard Weiss

Port St Lucie, FL

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My thoughts and hints on foreclosure investing and using short sales to create equity


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