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Events for the

Thursday, 18 September 2008

RESOURCES & ARTICLES

How To Determine Your Short Sale Offer

This is a question I'm constantly being asked by my students and other real estate investors. The answer to it is not an exact science. First let's identify some common used terminology. BPO (Broker Price Opinion): A generalized opinion or va...

Sub2 & Insurance

Subject to and the insurance question. What do you do? Guru A says do this, Guru B says do this, Guru C says both of them are crazy because he has done over 500 deals and hasn’t done anything and nothing has ever happened to him.&nbs...

Find The Lowest Rate

So you’ve got your new home picked out and you’re ready to embark upon the long process of securing a home loan and ultimately taking ownership of your dream home. Armed with that excitement, you take to the Internet in hopes of uncoverin...

The Deficiency Topic Dealing With a Short Sale

I was reading more about deficiency questions with short sales and I thought I would elaborate a little on the subject. When you get a lender to accept a short sale the amount of debt forgiven becomes a taxable event. Example: Homeowner owes $250,000...

Subject To: What It Is & What It Isn't

There are so many different ways that are taught to buy Sub2. It is really amazing listening to some of the ways the GURUs are teaching these days.I cringe when I hear of the latest carnival barker on the speaking circuit telling newbies "no equ...