lmc: Not So Crazy
- 07/23/07 12:51 AM
"Michael, why are you helping people stay in their homes? Isn't it your job to help people relocate by assisting with buying or selling their home?" In the last year I have gone on many listing appointments. At these appointments it is usually the same thing. People want to sell but owe too much on their home. What if you can't afford your payments? Now I said before and I'll say it again, My #1 Goal is to help people stay in their home. That doesn't mean that I don't sell real estate anymore. If people can't afford their homes what do … (0 comments)
lmc: Waiting for foreclosures? Read This.
- 07/10/07 01:57 AM
Recently I have been getting more and more questions about REO (real estate owned) properties and HUDs. REO are Properties owned by the bank on a conventional loan, where as a HUD is an FHA or VA loan that went belly up. Working with individuals from all over the nation who find me on the web, a huge allure of Central Florida has been Foreclosures and instant equity. To many investors of the past, this was a huge way to make some money. Obviously a bank does not want to hold on to a property. When a Bank holds a property they … (0 comments)
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