Archives for “Preforeclosures”


This is a great time to buy a property from someone because the owner likely wants to avoid foreclosure. Foreclosures drastically decrease credit scores and ...

When a bank takes back a property as a result of foreclosure, it's called an REO (real estate owned) property. Since banks aren't in the business of ...

I'm always reminded by the plaque on my wall that says, "We are compensated only to the extent that we add value to the other ...

Ever Consider Investing In Pre Foreclosures? Here’s A Quick Video Teaching You More About Investing In Pre Foreclosure Real Estate...

The Pre-foreclosure investing niche is the process leading up to the final day a property in pre-foreclosure is possessed by the bank.  In part 1 ...

In my last blog I talked about Homeowners in the  Pre-Notice Of Default Phase of Foreclosure Part1 and Part2.

Investing in Short Sales can be profitable, but here are four (4) common Short Sale Mistakes that prevent you from taking home those BIG paychecks…

If you see any of the “get rich quick” real estate ads, most of them say that one of the best types of properties to ...

A very reputable publication, the San Francisco Chronicle, recently posted a story on their website that is a true sign of the times; "Your Mortgage: ...

Do you remember the story of Rip Van Winkle?  As we listened to the story as a child we thought that it was impossible for ...

ORLANDO, FL - It was quite an honor to be asked by the folks at Rich Dad to speak on the subject of Short Sales ...

Banks across America are mounting a hiring surge right now. Why? They are gearing up for what lies ahead...more defaults, more short sales and more ...

HUD announced Friday that the 90 day title seasoning requirement on FHA, Fannie Mae and Freddie Mac loans will be waived beginning February 1, 2010 ...

A breaking new short sale trend for 2010 is shaping up that you need to know about...$500,0000+ deals. That's right, loans with principal balances above ...

Don’t Be Fooled

Don't be fooled...we're not out of the woods yet. Although sales temporarily increased in November (and now spilling into early December), property values continue to ...

For the eighth straight consecutive month, national foreclosure activity in the U.S. was dominated by a small set of states.

The next 12 calendar days will be the most active buyer feeding frenzy in the past 2 years. So if you have a deal right ...

Hype vs HUD1s

In this information age, it can be very difficult to decipher between hype and reality. The good news about real estate is that a closing ...

A MEGA short sale tsunami of epic proportions is on the horizon. Five separate economic factors are all coming together at the same time to ...

The Department of the Treasury is just days away from announcing their new plans for short sales. Obama's Housing Rescue Plan has focused primarily ...

According to recent research from ForeclosureListings.com, there have been decreases in the number of foreclosure filings in each state and increases in prices in many ...

WARNING - What I call “the WRONG way to do short sales,” is a practice that is gaining significant popularity as of late but could land those who ...

WASHINGTON, DC - A federal court ruled last week that Countrywide, formerly the largest mortgage company but now owned by Bank of America, must ...

NASHVILLE, TN - At 6AM on Saturday morning, with the sun just beginning to take flight over the horizon, while in the solitude of birds ...

The Department of the Treasury is about to release a plan geared towards making the short sale process faster and easier. Representatives from 25 major mortgage servicers ...