Archive for foreclosures

Kimberlee Frank, the Real Estate JunkieIf 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. What worked in January 2011 is not working now for Investors or Realtors. 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. The good news is that you don’t have to figure it out all on your own… Kimberlee Frank is here to help. Watch or listen to the webcast replay below for updated information on the most current and evolving industry changes and how they affect your business with Licensed Broker, Investor and Short Sale Expert, Kimberlee Frank! Read More→

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Bill & Kim CookLeslie Mathis, myself and the rest of the attendees wanted to thank Bill and Kim Cook for speaking last night (3/28/11) at the Atlanta REIA West Meeting at the Cherokee Cattle Company on the fascinating topic of how to buy houses at the courthouse foreclosure auction. Bill did an excellent presentation for both new and seasoned investors. This meeting was very well attended and Bill and Kim were asked many excellent questions by the audience. Any time you see Bill and/or Kim speaking, we highly recommend you attend. They have years of experience buying and selling real estate and both specialize buying and the courthouse steps and doing short sales. Thanks again Bill and Kim!

Click here to read Bill’s articles on AtlantaREIA.com

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Real Estate AuctionIt never fails.  Several times each year, we shockingly watch inexperienced real estate investors come to the foreclosure auction and bid on a junior mortgage which they mistakenly think is a senior mortgage.

For example: Let’s say a $100,000 house is being sold at this month’s foreclosure auction.  The mortgage being advertised for foreclosure reads $20,000.  An inexperienced investor, who doesn’t know the difference between junior and senior mortgages or how to look them up, shows up ready to bid.  The bidding opens at $18,968.35.  The inexperienced investor confidently bids $19,000.  Slowly, all of the experienced investors back away.  They’re terrified of catching a terminal case of “stupid disease,” which has obviously infected this inexperienced investor. Read More→

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Bill & Kim CookThese days, with so many BIG-PROFIT deals popping up at each month’s foreclosure auction, lots of real estate investors – both new and experienced alike – are asking how to successfully buy at the foreclosure auction.

Here are the main topics Bill and Kim Cook will cover at March’s Atlanta REIA West Meeting on Monday, March 28, 2011, from 6:30 to 9 PM at the Cherokee Cattle Company at 2710 Canton Road, Marietta, GA (map).

If you want answers to your questions like:

  • How does the foreclosure process work in Georgia?
  • How do you make sense out of the foreclosure ads in the legal section of the newspaper?
  • What do you do when you’re out looking at foreclosure property?  What do you say to a homeowner?
  • How do you prepare for the monthly foreclosure auction?
  • How do you finance your foreclosure deals?
  • What are the biggest mistakes made – by both new and experienced investors – at the foreclosure auction?
  • If you are the high bidder, what do you do next?

Bill and Kim will show you some of their foreclosure deals that went right AND went wrong!  We’re talkin’ pictures, documents and numbers…you know, real-world stuff! Read More→

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YOU CANNOT WIN TODAY’S BALL GAME,
WITH YESTERDAY’S HOME RUN!

WHAT WORKED IN REAL ESTATE IN THE PAST, ISN’T WORKING NOW…
WHAT DO I DO? HELP!

How many times have you had this conversation in the past year? Almost everything we knew in real estate last year has changed immensely. Yes, it’s changing daily!!! This makes it very challenging to launch successfully in 2011… IF you are not educated! Times are financially tough, but never too tough to neglect education! Remember the saying by Derek Bok, the former president of Harvard University: “If you think education is expensive, try ignorance”

Many of us became ‘seminar junkies’ in hopes that we will become the next Donald Trump or at least better our income. Unfortunately, a seminar junkie spends thousands of dollars driving from bootcamp to bootcamp, but never really earns back the investment or fully understands how to put the education into action. After attending these seminars, we are still are afraid to get going due to the minimal education and direction provided at the seminar or due to the lack of money. Even worse, you may have found out that what you have been doing in the past isn’t working now! 2011 is one of the best years ever to invest in real estate and you can do it with “no money” and “no credit!”

What, you say? HOW???? Watch to our new live Real Estate Junkie Webcast on Tuesday, January 11th (and the first Tuesday of each month) from 7:00 PM to 8PM ET!!

Register Now!

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