real estate investors: MLS and "Re-Listing" Issues
- 05/25/11 07:02 AM
Many real estate investors contractually arrange to be able to immediately list the property for sale (at a higher price). Legally, there is no problem with this (if done correctly). For example, I recommend stating that the seller is a "contract buyer". This removes the property from the stigma of being a short sale since the contract buyer is paying cash and re-selling as the "B" buyer in an A to B to C transaction.
This has served investors well. However, a problem has developed with the MLS. The MLS in some areas (and presumably more in the future) will … (1 comments)
real estate investors: Real Estate Investment Considerations for New Investors
- 05/21/11 10:17 PM
With the tremendous number of investment opportunities available today, many investors find themselves wondering where to begin. Some investors discover that it may not make sense to invest in their own market, so they investigate opportunities in other states. Other investors find that there are so many investment opportunities specific to their area, that they become overloaded with information and confusion sets in. Whatever the case, investors intuitively know that there are good investments to be made right now. What is really interesting, however, is the vast universe of information and opinions that exists concerning where and what kind of investment … (0 comments)
real estate investors: GREAT News for Real Estate Investors
- 04/14/11 06:00 PM
As reported by the Los Angeles Times, and others, those servicers involved in the robo-signing settlement may now be forced to permit modifications, principle reduction settlements, and short sales. While the terms of this proposed settlement are still being negotiated, the impact of the settlement could have some positive effects for both short sale sellers and purchasers of short sales. As a result of the settlement, it would seem that banks would have to be significantly more flexible with respect to their determinations of value. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> As it stands right now, it is often … (3 comments)
real estate investors: THIS is WHY We Need Real Estate Investors
- 04/13/11 03:37 PM
While many families struggle to find the funds to purchase their own home in today’s market where the deals abound but credit is tight, real estate investors are making the market work by buying in bulk. According to the National Association of Realtors, real estate investors represented 17 percent of all home sales nationwide in 2010. And that number is likely to grow as conventional funding continues to be difficult to obtain and the ability to spot and make a creative deal becomes more and more valuable. As foreclosures continue to drag home prices downward, more and more real estate investors … (2 comments)
real estate investors: Where there is a will....I want to be in it! LOL
- 03/10/11 10:20 PM
Actually, I did want to complete the original thought...here is a true "Where there is a will, there is a way story". In speaking with an agent from Florida tonight..he relayed the story of a client invetor that offered $500,000 on a commercial short sale. The smaller regional bank countered at $1.8 M - a seemingly insurmountable spread, especially when the bank indocated that it cannot take less due to banking regs. Knowing banking law very well, I realized that this means that this one loan could sink the bank.
I structured a proposal that makes the investor VERY happy … (2 comments)
Author Bio: Paddy Deighan earned his Juris Doctorate and PhD Paddy consults with taxpayers in regard to tax liens, tax levies, tax levy, offer in compromise, tax debt, tax settlement
Many real estate investors contractually arrange to be able to immediately list the property for sale (at a higher price). Legally, there is no problem with this (if done correctly). For example, I recommend stating that the seller is a "contract buyer". This removes the property from the stigma of being a short sale since the contract buyer is paying cash and re-selling as the "B" buyer in an A to B to C transaction.
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