by | Bank REO, Defaulted Mortgages, Flip Bank REO, Flipping Property, Short Sales, Wholesaling
I just watched this great video where Donald Trump was talking about how now is the best time to to buy from banks and how banks are even giving 100% financing on houses. What he says is true. How do I know? Because I have done it and so have my students. If you...
by admin | Defaulted Mortgages, Judgement Liens, Short Sales
When a debtor cannot repay the extended loan or gets behind on financing payments, the lending institution, bank, or individual who initially extended the loan can force repayment of pay due moneys by taking the debtor to court; however, once the judge decides to make...
by | Defaulted Mortgages, Lease options, Short Sales
We are in a new reality in the real estate market. Gone are the days where you can just buy a house and watch it automatically increase $100,000 in equity in a couple of years. As the market conditions change it is up to us as savvy investors to change our...
by | Loan Modifications, Mike's World, Short Sales
Every hear of Twitter? It is a great tool to stay connected with customers, buyers, sellers and friends. I found a great tool that allows you to build a huge following on Twitter without a lot of effort. The tool is totally free. Check it out by going here: ...
by admin | Defaulted Mortgages, Short Sales
A short sale occurs when a property is sold for less than the amount owed on the mortgage or the loan. Financial institutions allow such sales to happen because they fear that the mortgage or loan will not be repaid otherwise. Thus, they can recoup some of the money...
