property: Critical Mistakes for the Investor to Avoid: The Loan
- 08/19/07 10:49 AM
Critical Mistakes for the Investor to Avoid: The Loanby John Occhi REALTORRealtor Consultant to Foreclosure Investors View More Articles on Investor Mistakes That Can Really Bit by Clicking Here Many real estate investment mistakes can be avoided all together if the investor simply compares apples to apples when considering different loans. I know, it sounds obvious, but sometimes I think loan packages are as confusing as buying a mattress. You know, you have seen the news expose on the mattress industry where a manufacturer will produce the exact same mattress and sell it under a different model name to each of (3 comments)
property: Critical Mistakes for the Investor to Avoid: Down Payment
- 08/19/07 07:58 AM
Critical Mistakes for the Investor to Avoid: Down Paymentby John Occhi REALTORRealtor Consultant to Foreclosure Investors View More Articles on Investor Mistakes That Can Really Bite by Clicking Here When an Investor is looking to purchase Investment property there are many different factors to be considered in every transaction - especially true if we need to make sure there is a positive cash flow every month.One such critical decision that must be reached before the offer to purchase real estate can be consummated is the buyer must determine how much of a down payment he (or she) will be putting into (2 comments)
property: Investor Mistakes that Can Really Bite: Interest Rate
- 08/19/07 03:45 AM
Investor Mistakes that Can Really Bite: Interest Rateby John Occhi REALTORRealtor Consultant to Foreclosure Investors View More Articles on Investor Mistakes That Can Really Bit by Clicking Here Minor mistakes can often make or break an otherwise great real estate investment deal. There are some very subtle differences in the way an investment deal is packaged that can have a ripple effect and can literally either cost or save you thousands of dollars over the lifetime of the particular deal. Conduct each real estate investment deal the same as the one before it and you will multiply either the savings or (2 comments)
property: What Factors will Influence a Lender to Accept a Short Sale
- 07/03/07 07:28 AM
What Factors will Influence a Lender to Accept a Short Saleby John Occhi REALTORRealtor Consultant to Foreclosure Investors When working a short sale, typically one of the first contacts you will have with the mortgage lender will be when you present your short sell package. The package has to be complete and thorough and most importantly it must compel the lender to accept your short sale offer.The mortgage lender must be able to satisfy them selves that this is in the best interest of the bank. The short sale package must answer several critical questions from the lenders perspective:The concerns that the (2 comments)