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Events for the

Saturday, 20 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...

If You Want to Buy More Houses, Stop Making Offers!

I don't like giving a seller multiple choices. Instead of making offers, I generally offer solutions. This is why it is important to know the seller's & the property's current situation. This is why I do 95% of my deals directly with ...

The BPO Agent Evaluation Model and Perspective

It is good to understand the general perspective of the agent conducting a BPO. Did you know the BPO Agent usually only makes $40-50 for each BPO the lender orders? Consider that for a moment. The BPO Agent has to drive out to property, s...

What does the Mortgage Relief mean for investors?

Foreclosure activity is estimated that this year will include about 2 million subprime loans resetting over the next 12 months in the USA. Florida is in the top 10 states with this type of high activity. While this surge of foreclosed properties is f...