As you may know, our government has created many programs to aid homeowners in keeping their houses. This includes loan modification and requiring banks accept short sales.
So, how's that working? Well, the latest report show that foreclosures have increase by 51%. Many talking heads on the financial networks and many so called "real estate gurus" said the bottom was here or very near. We did not stick our heads in the sand and believe the garbage they were spewing forth day after day. We knew the worst was to come and that real estate was not going to be improving anytime soon.
So, the bottom is really here now with the latest figures? Have the real estate gurus considered the 7.9 million homes that will have to come to market?
Do you think that will help real estate price improvements. That's like trying to swim upstream with a lead weight around your neck. It ain't gonna happen!!
Oh, let's not forget, the market is signaling that interest rates are going to move higher. Just another stone around the neck!
Showing posts with label short sales. Show all posts
Showing posts with label short sales. Show all posts
Thursday, April 15, 2010
Saturday, October 3, 2009
Home Seller Assist believes the best paces to invest is...
... in foreclosures and bargain residential real estate.
You can buy foreclosures for as cheap as 30% or 40% below market in some areas.
You can buy foreclosures for as cheap as 30% or 40% below market in some areas.
And according to the Wall Street Journal "“Foreclosed homes are starting to drive down the U.S. home prices faster as lenders put more properties on the market.
The median house price has dropped 8.2% from last year, 2007.”
The median house price has dropped 8.2% from last year, 2007.”
And now Home Seller Assist has found the #1 place to find national foreclosures, bank auction,
HUD homes, VA homes and they even provide investors with 100% of the funds to buy these
great bargains
More info can be by tapping here
Larry G Potter
Monday, September 7, 2009
Home Seller Assist Short Sale Analyzer
Home Seller Assist not only offers 100% funding to buy short sales, but it now has 2 lenders in place to do the B-C financing with no title seasoning issues!
Everything you need to manage your Short Sales
 | Bank Offer |
| Generate HUDs |
| Call Logs |
| REO Analysis |
| Forms |
| Profits |
Short Sale Analyzer: http://budurl.com/shortsaleAnalyzer
Larry G Potter
Thursday, September 3, 2009
Home Seller Assists Funds The A-B of Short Sales/REOs and Has 2 Lenders In Place For The "C" Buyers!!!!
NO TITLE SEASONING ISSUES!!!
Just Tap The Image Now
Home Seller Assist
Just Tap The Image Now
Home Seller Assist
Sunday, June 21, 2009
We Provide 4 Services To Realtors At No Cost...
Four Free Services For Realtors
1. We'll pay you a 9% commission on any of your short sale listings
that you present to us that we buy, we do all the negotiating.
2. We have a loan source that can often close loans in 20-days for
you. More info at http://www.fastsellerloans.com
3. We provide no cost Web 3.0 marketing training and viral marketing
tips for your real estate business or any business.
For more info, visit us right now at http://www.ATRAFFICPLAN.COM
4. 100% Funding for your investors to buy and flip houses with no
credit checks
For more info, send them to http://www.fastbuyerloans.com
Monday, December 8, 2008
Proof of Funds Letters!
Yes, as Platinum Member of HSA, you are entitled to use our Investor’s Private Funds.
Cost to use the funds is 1% plus $300
The fee is paid out of closing!
Which means Nothing is paid uprfront and there are No CREDIT checks!
Now as you may already know, Banks won’t consider your offer on
Short Sales or REO’s without a “Proof of Funds” Letter.
This is the part that stops most investors dead in their tracks…until now.
Here’s a 2 minute video on how to obtain and print out as many of your Proof of Funds Letters as you need:
Click Here for 2 Minute Video!
If you are not a Platinum member yet, visit us at:
http://www.FUNDSFORSHORTSALES.COM
and find out how you can be flipping short sales and
REO homes using NO CREDIT AND NO CASH!
Make sure you sign up for the FREE 30 Day Trial!
It’s time to think big…really BIG!
Larry Potter
Home Seller Assist
847-872-4047
Saturday, November 8, 2008
Staying Focused on Your Goals
I encourage you to take action on whatever goals you have set for yourself. Acquiring any kind of knowledge is worthwhile. Yet, that knowledge is absolutely worthless unless you use it to develop a plan, take action, and channel that action into success.
A good approach is to use the following formula:
1. Dedicate 25 percent of your allotted time to studying.
2. Dedicate 25 percent of your allotted time to observing.
3. Dedicate 50 percent of your allotted time to DOING!
And I think you'll find that the DOING part of the formula is integral to the studying and observing. This works great with the Home Seller Assist program created by John
Alexander and if you will work it continously, you'll succeed!
A good approach is to use the following formula:
1. Dedicate 25 percent of your allotted time to studying.
2. Dedicate 25 percent of your allotted time to observing.
3. Dedicate 50 percent of your allotted time to DOING!
And I think you'll find that the DOING part of the formula is integral to the studying and observing. This works great with the Home Seller Assist program created by John
Alexander and if you will work it continously, you'll succeed!
Friday, November 7, 2008
Rural Areas
Below is the site for the Rural areas that may qualify that
Paul mentioned in our conference call on 11/07/08
which should be up on this site shortly.
It also has additional information on DTI , income ceiling etc.
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
Paul mentioned in our conference call on 11/07/08
which should be up on this site shortly.
It also has additional information on DTI , income ceiling etc.
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
Wednesday, November 5, 2008
Advantages From Bank Foreclosures For Sale
Usually the bank owned property is also called Real Estate Owned property. This is the property which has actually undergone the process of foreclosure due to negligible bids and for this reason it is returned back to the bank. Bank foreclosures for sale provide you some eminent options for investment where you can gain a lot of profit.
The first time buyers can start with very low investment and the people who want to invest in bank foreclosures; there is nothing much better than this. So investors can easily invest in this property and enhance your source of income.
When a mortgage loan is subsidized by a bank to a homeowner and he is not able to make payments then the property is taken back by the bank through the process of foreclosure. On the first default on the installment, the bank sends a "Notice of Default" to make the owner aware of the fact that his property is undergoing foreclosure. Then a legal proceeding is performed with a court order called "Right of Redemption" by which the asset of the owner is sold at an auction.
Bank Foreclosures for Sale are those assets that have already undergone foreclosure and have been returned back to the bank on negligible bids being put up. The opening bid is, generally, kept as the outstanding balance of the mortgage loan. If the successful bidder puts a big offer then the bank is highly profited and if the bid is less than the outstanding loan then the property is given back to the bank.
Now-a-days there are numerous bank foreclosures for sale, to choose from because the rate of foreclosures have increased up to forty percent, from last two years.
When the banks have a huge inventory of bank foreclosures, it gives us an idea about the bad lending judgments made by the bank and the banks never want to spoil the picture in the market. Moreover the banks want to recuperate the money back that was lost in bank foreclosures, their maintenance, taxes, insurance and lot more. So due to such reasons the bank put up bank foreclosures for sale and sells these assets at very low prices. At this moment, the bank tries to get rid of the bank foreclosures, which proves to be very beneficial for buyers and investors.
Now-a-days internet is providing an unproblematic access to different websites that are providing large databases which comprise of various bank foreclosures for sale. The best part of surfing these websites is that the catalog including the latest bank foreclosures for sale is updated twice in a day, for the better convenience of buyers and investors. Just add your name as well as identification details at the website and enjoy the easy access. From these websites you can easily upload all the newest bank foreclosures for sale and furthermore, you can join in the live auctions. So freely search foreclosure databases from these websites and step forward in making a better living.
Article Source: http://EzineArticles.com/?expert=Kevin_Simpson
by Kevin Simpson
The first time buyers can start with very low investment and the people who want to invest in bank foreclosures; there is nothing much better than this. So investors can easily invest in this property and enhance your source of income.
When a mortgage loan is subsidized by a bank to a homeowner and he is not able to make payments then the property is taken back by the bank through the process of foreclosure. On the first default on the installment, the bank sends a "Notice of Default" to make the owner aware of the fact that his property is undergoing foreclosure. Then a legal proceeding is performed with a court order called "Right of Redemption" by which the asset of the owner is sold at an auction.
Bank Foreclosures for Sale are those assets that have already undergone foreclosure and have been returned back to the bank on negligible bids being put up. The opening bid is, generally, kept as the outstanding balance of the mortgage loan. If the successful bidder puts a big offer then the bank is highly profited and if the bid is less than the outstanding loan then the property is given back to the bank.
Now-a-days there are numerous bank foreclosures for sale, to choose from because the rate of foreclosures have increased up to forty percent, from last two years.
When the banks have a huge inventory of bank foreclosures, it gives us an idea about the bad lending judgments made by the bank and the banks never want to spoil the picture in the market. Moreover the banks want to recuperate the money back that was lost in bank foreclosures, their maintenance, taxes, insurance and lot more. So due to such reasons the bank put up bank foreclosures for sale and sells these assets at very low prices. At this moment, the bank tries to get rid of the bank foreclosures, which proves to be very beneficial for buyers and investors.
Now-a-days internet is providing an unproblematic access to different websites that are providing large databases which comprise of various bank foreclosures for sale. The best part of surfing these websites is that the catalog including the latest bank foreclosures for sale is updated twice in a day, for the better convenience of buyers and investors. Just add your name as well as identification details at the website and enjoy the easy access. From these websites you can easily upload all the newest bank foreclosures for sale and furthermore, you can join in the live auctions. So freely search foreclosure databases from these websites and step forward in making a better living.
Article Source: http://EzineArticles.com/?expert=Kevin_Simpson
by Kevin Simpson
Friday, October 31, 2008
Foreclosures - Future Fortunes
In this day and age it is more common to hear of a Foreclosure happening to a family you know, rather than a divorce or death.
We are living in an economic kaleidoscope where every turn you make you see the same picture, just at a different angle.
Gas prices are sky high, real estate is priced to sell, and people who have owned their homes for most of their lifetime are choosing to walk away from them because they are no longer able to repay the debt.
In a recent survey, we found that the top five most common reasons for foreclosure are Divorce, Unemployment, Medical Problems, Death, or Balloon Payments. The end result is all the same, no matter the cause; a homeowner is now left to find a rental property to reside in, and another empty home is on the market listed as "bank owned".
With the flood of these bank owned properties on every multiple listing site nationwide, Investors are coming out of the woodwork to snatch these properties up for thousands below actual market value.
We find that in today's market, the average Joe is making the decision to invest in Real Estate rather than stocks, because the return on their investment is secured by real property, they are able to buy nice homes for pennies on the dollar, and the opportunity to re-sell that investment for large profits is practically guaranteed, when buying below market value!
It is important that the entire process is understood before you make the decision to bid on a foreclosure listing. There are things to consider such as value, ability to re-sell, auction hype, financing requirements, etc. A lot of this knowledge will come from many years of investing lessons learned the hard way, but what if you could go into a Foreclosure Auction with the knowledge of a seasoned investor, simply from what you learned from experiences of others?
For a compelling view on Foreclosures & Foreclosure Investing, and to learn more about how you can become successful even in this market; contact us today at http://www.tedthomas.com
Ted Thomas is known world wide as the Foreclosure Authority. He has written many Home Study Courses to help investors and buyers across the globe realize profits in Foreclosures by unveiling secrets of the business that big bankers don't want you to know!
Article Source: http://EzineArticles.com/?expert=Ted_Thomas
We are living in an economic kaleidoscope where every turn you make you see the same picture, just at a different angle.
Gas prices are sky high, real estate is priced to sell, and people who have owned their homes for most of their lifetime are choosing to walk away from them because they are no longer able to repay the debt.
In a recent survey, we found that the top five most common reasons for foreclosure are Divorce, Unemployment, Medical Problems, Death, or Balloon Payments. The end result is all the same, no matter the cause; a homeowner is now left to find a rental property to reside in, and another empty home is on the market listed as "bank owned".
With the flood of these bank owned properties on every multiple listing site nationwide, Investors are coming out of the woodwork to snatch these properties up for thousands below actual market value.
We find that in today's market, the average Joe is making the decision to invest in Real Estate rather than stocks, because the return on their investment is secured by real property, they are able to buy nice homes for pennies on the dollar, and the opportunity to re-sell that investment for large profits is practically guaranteed, when buying below market value!
It is important that the entire process is understood before you make the decision to bid on a foreclosure listing. There are things to consider such as value, ability to re-sell, auction hype, financing requirements, etc. A lot of this knowledge will come from many years of investing lessons learned the hard way, but what if you could go into a Foreclosure Auction with the knowledge of a seasoned investor, simply from what you learned from experiences of others?
For a compelling view on Foreclosures & Foreclosure Investing, and to learn more about how you can become successful even in this market; contact us today at http://www.tedthomas.com
Ted Thomas is known world wide as the Foreclosure Authority. He has written many Home Study Courses to help investors and buyers across the globe realize profits in Foreclosures by unveiling secrets of the business that big bankers don't want you to know!
Article Source: http://EzineArticles.com/?expert=Ted_Thomas
Sunday, October 26, 2008
Searching for a Short Sale Buyer's Agent
In soft or falling real estate markets, many buyer's agents find the bulk of sales comprise bank-owned homes and short sales. If you can find a busy buyer's agent (not an agent who closes 3 or 4 deals a year), most likely this agent will represent a lot of REO and short sale buyers. Here are ways to find an REO / short sale buyer's agent:
Referral From Friends, Coworkers or Family to REO - Short Sale Agents
Chances are someone you know has recently purchased a home. Ask for a referral to that agent, then call to inquire about REO - short sale experience. Referrals are the preferred and most popular method of finding an agent.
Call an Agent Friend and Ask for an REO - Short Sale Referral
Agents who don't negotiate a lot of bank-owned or short sale transactions generally know which agents do. Agents judge each other by harsher standards, I have discovered, than buyers judge agents, so you're likely to be directed to a top-producing buyer's agent. Plus, agents regularly pay each other referral fees, which means the referring agent has an added incentive to make sure you end up in the right hands -- because if it doesn't close, they don't get a referral fee for you.
Talk to Agents at Open Houses
Whether the host of the open house is the actual listing agent or another agent from the same office doesn't really matter as long as you aren't there to buy that particular home. Open houses give buyers a relaxed, non-threatening atmosphere to talk with other agents. You can ask the agents to describe for you a recent REO or short sale experience and find out how many of these types of transactions the agents typically close every year.
Search for REO /Short Sale Agents Online
Many agents write blogs about their experiences. It's almost like reading a diary because you're given an inside peek at what goes on behind the scenes. Be careful you aren't suckered into a site where the agent relies solely on keywords for Internet traffic and doesn't really handle very many REO or short sale transactions. Ask direct questions, don't be afraid or timid.
One of my favorite agent sites is Active Rain. Scroll down to the menu of states, select a county, then a city, and read the blogs of agents who interest you. You can also search by "REO" or "short sale" from your favorite search engine site.
Sort MLS records by REO and Short Sale Agents
If you have a friend in the real estate business with access to MLS, run a search by limiting the returns to REOs and short sales, and pull up the closed sales for the past six months in your preferred ZIP code or neighborhood. Look up the buyer's agent name on each of the sales, and then go to that agent's web site for more information.
www.fundsforshortsales.com
Referral From Friends, Coworkers or Family to REO - Short Sale Agents
Chances are someone you know has recently purchased a home. Ask for a referral to that agent, then call to inquire about REO - short sale experience. Referrals are the preferred and most popular method of finding an agent.
Call an Agent Friend and Ask for an REO - Short Sale Referral
Agents who don't negotiate a lot of bank-owned or short sale transactions generally know which agents do. Agents judge each other by harsher standards, I have discovered, than buyers judge agents, so you're likely to be directed to a top-producing buyer's agent. Plus, agents regularly pay each other referral fees, which means the referring agent has an added incentive to make sure you end up in the right hands -- because if it doesn't close, they don't get a referral fee for you.
Talk to Agents at Open Houses
Whether the host of the open house is the actual listing agent or another agent from the same office doesn't really matter as long as you aren't there to buy that particular home. Open houses give buyers a relaxed, non-threatening atmosphere to talk with other agents. You can ask the agents to describe for you a recent REO or short sale experience and find out how many of these types of transactions the agents typically close every year.
Search for REO /Short Sale Agents Online
Many agents write blogs about their experiences. It's almost like reading a diary because you're given an inside peek at what goes on behind the scenes. Be careful you aren't suckered into a site where the agent relies solely on keywords for Internet traffic and doesn't really handle very many REO or short sale transactions. Ask direct questions, don't be afraid or timid.
One of my favorite agent sites is Active Rain. Scroll down to the menu of states, select a county, then a city, and read the blogs of agents who interest you. You can also search by "REO" or "short sale" from your favorite search engine site.
Sort MLS records by REO and Short Sale Agents
If you have a friend in the real estate business with access to MLS, run a search by limiting the returns to REOs and short sales, and pull up the closed sales for the past six months in your preferred ZIP code or neighborhood. Look up the buyer's agent name on each of the sales, and then go to that agent's web site for more information.
www.fundsforshortsales.com
Thursday, October 23, 2008
Up 71% ----> Foreclosures
Yep, the number of homeowners ensnared in the foreclosure crisis grew
by more than 70 percent in the third quarter of this year compared
with the same period in 2007, according to data released today.
Nationwide, nearly 766,000 homes received at least one foreclosure
related notice from July through September, up 71 percent from a
year earlier.
By the end of the year, they expect more than a million bank-owned
properties to have piled up on the market, representing around a
third of all properties for sale in the U.S.
That's bad news for anyone who lives nearby and wants to sell their
home. While foreclosure sales are booming in many areas, those
properties are commanding deep discounts and pulling down neighboring
property values. It has a pretty significant impact in terms of pricing.
More than 250,000 properties were repossessed by lenders nationwide
in the third quarter, 81,000 of which were taken back last month.
That's why the new funding program for buying short sales (without
use of the buyer's credit) is exploding the business over at
www.FundsForShortSales.com and is bringing me in over $8000 per
month by just sending people to one website. And for my readers
who are working this business, we have our conference call this
evening at 8pm-Central. We'll be sharing more tips on how to
make this business even more profitable for you and hopefully
surpass my earnings. Remember, I am only 4 months into this and
it is only getting better.
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