Archive for foreclosure

Did You Give Up on Short Sales?

Posted on April 11, 2011 by

Webcast with Kimberlee Frank on changes in the short sale industry“When you are through changing, you are through.” ~Bruce Barton

If you are counting on the past real estate trends and regulations to help you close deals today, that is enough to put you out of business. The short sale industry is changing and if you don’t change, your short sales deals will fall apart. NO CLOSINGS = NO CA$H. For the past couple years, I have watched the short sale industry change on a monthly basis for Investors and Realtors. What worked in the past is not working now; what worked in January 2011 is not working now. Since I am a Real Estate Broker and an Investor, I have had to watch with a keen eye in order to adapt quickly and successfully to the changes.

In order to allow your business to grow and be successful, you must also invest the time to “sharpen the saw” and renew the “mind” of your business………for the sake of your business. The only guarantee we have is that change will always continue. It’s scary and often we want to bury our head in the sand and wait until it passes, but that’s not a choice here. We must arm ourselves with education and turn change from our enemy into our friend. Join us Tuesday evening at 7 PM ET on the Real Estate Junkie Webcast to find out how!

Real Estate Junkie Webcast
Tuesday at 7 PM ET
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Webcast is FREE!

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The Three Faces of Foreclosures

Posted on March 8, 2011 by

So you want to invest in residential foreclosures?  Not sure quite where to start?  It is helpful to understand first that there are three faces to “foreclosures”, each with very different characteristics.

The first face of foreclosure investing is the “pre-foreclosure”.  The pre-foreclosure period begins when a homeowner gets behind on his or her loan, and ends with the foreclosure sale.  The pre-foreclosure phase itself is divided into two stages.

The first stage covers the period of time beginning when the homeowner misses their first mortgage payment, and ends in the final month preceding the impending foreclosure sale.  During this time if a homeowner is not already marketing their home, it will be up to the investor to reach out to and find these distressed homeowners through ads (“We buy homes fast” and “We have CASH for homes”) and networking.

The second stage occurs during the final month leading up to foreclosure.  The precise laws differ from state to state, but most states require some form of public notification of a pending foreclosure.  Investors can seek out these notifications, and many have ample contact information for the investors to approach the distressed homeowner. Many larger communities have a number of online and subscription services which compile the pending foreclosures in a specific geographic range.  You can also network within your local real estate investors association and/or do an internet search (e.g. “foreclosure listings in order to find these publications and services). Read More→

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Tonight’s FREE Webcast: Tuesday, September, 28, 2010 at 7PM ET on GoToWebinar.com (Register Now!) with Stefan Kasian and Special Guest.

Tonight’s Topic: “Group Restructures Your Mortgages Below Today’s Values… And You Still Keep The House!” That is great news! Tonight’s webcast at 7PM ET will feature the principals of an incredible mastermind. They are based in California and claim over 100 successful cases (and growing). In this informative call, they will explain step-by-step how you can get better-than-short-sale results with your home or investment properties and still keep the house!

Register Now!

Here is how they describe it… Read More→

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