real estate investing: In this Market - Anyone can Own a Home or Be a Real Estate Investor! - 04/15/12 04:47 AM
I recently included a 3 bed / 2 bth home in Kissimme in an Investor Alert email to my real estate investor buyers.  The property is listed at just below market value but the Seller is offering no hassle Financing with $3500 down payment and monthly PITI of $850.  I got a lot of feedback but it was not what I expected.  Apparently, my investors are well schooled in the characteristics of 'ideal' investments and many were confused at why I included this property.   Several asked "Wanda - is this on your list by mistake?  This property has little cash flow and it is priced at market value?"
Lol, No, I am not ill and … (1 comments)

real estate investing: Will the Housing Market Bounce Back? - 05/04/09 01:00 PM
Will the housing market rebound?
Historically, it always has and there is every indication it will again.  Go back in time and you will find the same doom and gloom predictions for every downturn in the market.  Following are a few examples of how the media predicted the future of real estate profits prior to the last real estate boom, investors who didn't listen to these gloomy predictions realized huge profits: 
January 2001 - There's some question whether there's a bubble or not a bubble, but we're clearly near the top of the market for much of the nation. According to … (2 comments)

real estate investing: Lake Mary Upgraded Condo - $57,500 - 04/28/09 03:17 AM
2 Bedroom/ 1 Bath condo in Gated, Lakefront Community with Upscale Amenities.  Just one mile off I-4 at Lake Mary/Heathrow exit.  Like New condition.  Excellent HOA operating in the Black - few foreclosures - fees $235 per month.
 
Not what you are looking for? SEARCH CENTRAL FLORIDA MLS AT:  WWW.ORLANDOSEARCHMLS.COM   Email: wanda32779@aol.com    Success Investment Realty  800-590-9458
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real estate investing: REO's - 04/22/09 08:49 AM
Real Estate OwnedThe foreclosure process begins when a Borrower misses a mortgage payment.  If they don't catch up or make other arrangements to pay, the lender will file a lis pendens or legal notice which signals the beginning of the foreclosure process or 'Pre foreclosure'.  If the owner does not correct the default the next step (depending on the state) is the Auction or Trustee Sale.  If no one makes an offer sufficient to pay up the liens at the foreclosure sale, the property reverts back to the lender.   Now the property is referred to as an "REO" (real estate owned).  Once the lender owns the property, the mortgage loan and any secondary loans no … (0 comments)

 
Wanda Phillips (Success Investment Realty )

Wanda Phillips

Altamonte Springs, FL

More about me…

Success Investment Realty

Address: 250 Crown Oak Centre Drive, Longwood, FL, 32750

Office: (800) 590-9458



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