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Events for the week :
22 September 2008 - 28 September 2008
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RESOURCES & ARTICLES

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 ...

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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...

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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...

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Prepayment Penalties Erode Your Worth

When a home buyer gets involved with buying a home, thoughts usually tend to center on staying in that home for a lengthy period of time, building both a family and equity. However, as we all know, your life can change in an instant and you never kno...

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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...

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