Real Estate Investing Articles on Promissory Notes, Short Sales, Pre Foreclosures and other Cash Flow Investments
July 09, 2012 | Comments: 1
Putting together a real estate newsletter is a great way to develop customer relations and brand your realty or investing company. Newsletters provide many opportunities to share information, offer properties for sale, and provide solutions to common problems that buyers and sellers face.
There are countless options for offering a real estate newsletter. They can be as simple as a one paragraph email or a detailed monthly magazine filled with articles, photos and advertisements.
Most people find it easiest to signup with a newsletter service provider that offers preformatted templates. It's important to comparison shop providers because prices vary widely.
July 02, 2012
Mortgagor vs. mortgagee is a term that anyone planning to buy a house with bank funds needs to learn about. When people obtain home loans they mortgage the property by entering into a legal contract with the bank.
Mortgage notes identify the mortgagor vs. mortgagee, along with details of the loan including interest rates, installment amounts, and payment dates. Mortgages are secured with promissory notes that include mortgagors' signatures to verify they understand the terms of the agreement and will pay back borrowed funds.
Mortgagee refers to the individual or lending institution providing funds needed to buy real estate. The property is used as collateral and the Mortgagee places a lien against it until the note is paid in full.
June 11, 2012
If you're thinking about buying a short sale it is imperative to spend time learning about the process. People are often under the impression this is the best approach for getting cheap homes, but this is rarely the case.
For the most part, buying a short sale leaves buyers at the mercy of the bank. Unfortunately, banks can change their rules throughout the negotiation process. They might ask for more money, demand property inspections and appraisals, and other items that increase the original purchase price.
Short sale properties include residential homes, commercial property, and vacant land that have entered into preforeclosure because borrowers defaulted on their mortgage loan. Banks allow property owners to list their realty through an agent at a price lower than their loan balance.
June 05, 2012
Trustor is the name given to individuals that establish trusts. Trusts are used to safeguard property and establish beneficiaries to receive assets upon the Trustor's death. A Trustee is designated to manage the trust. In most cases, this is the person that sets up the trust, but there are times when another person is in charge.
The term, Trustor is used with all kinds of trusts including living, land, testamentary, and irrevocable life insurance trusts. Trusts are commonly used with estate planning to avoid probate and reduce estate taxes.
Probate is always needed when estate assets are not transferred to a trust or protected by other estate planning strategies. The process is usually quite slow; especially in heavily populated areas where courts are overburdened.
May 24, 2012
Homeowners facing Freddie Mac foreclosures ought to become familiar with programs that can help keep their house or exit gracefully. There are several programs that offer foreclosure assistance, but it's important to become proactive at the first sign of financial distress.
The first step to avoid Freddie Mac foreclosures is to get in touch with your lender. You will have access to more options by opening the line of communication with the bank. Options include refinance, mortgage forbearance, reinstatement, repayment plan, and loan modification.
It's important to become educated about the pros and cons of each option. Homeowners can obtain free housing counseling through community agencies approved by HUD. Housing counselors can review your situation to determine which programs you might qualify for.
April 11, 2012
As an investor, I'm always interested in real estate news and trends. I enjoy reading about what's happening in other parts of the country and around the globe. I like to find out how other investors overcome challenges and find creative ways to make things happen when times are hard.
For the most part, real estate news hasn't changed much. Investors want to know how to grab the next best deal. Newbies want to learn about investing principles and how to avoid going broke. Realtors want to find out how to sell houses fast even when the odds are stacked against them.
Over time, I've gathered a few of my favorite spots for real estate articles and housing market news. Most have been around for years and have continually evolved as trends change. Each offers something for Newbies to seasoned pros, as well as realtors, buyers, and sellers
March 23, 2012
Improving home value is a top priority for people that want to receive the best offer when selling their house. There are several ways to go about making a home more valuable to buyers. However, it's important to conduct research to determine what buyers are looking for before spending money on home renovations.
It's important to note home value isn't the same as real estate appraisals. While a property might be appraised at $100,000, buyers might feel it is worth more or less depending on the types of amenities.
It can be helpful to think back to the selling point when you purchased the home. Was it because of the community where the house is located? Was it the built-in swimming pool or gourmet kitchen? Perhaps it was the size of the lot or the fenced-in back yard. Whatever made the house attractive to you might also be the selling point for buyers.
February 20, 2012
Mergers and acquisitions are one of the biggest aspects of corporate finance. Mergers refer to companies that are purchased for the purpose of merging with other companies to create one large entity. Acquisitions refer to established companies that are taken over by another company.
Mergers and acquisitions are of particular interest to investors because they can cause stock values to rise or fall. They are also vital to business owners because they can result in positive or negative tax consequences when a company they own is merged or acquired.
A lot of people are familiar with the term 'hostile takeover' which refers to a company being taken over against their will. This occurs when a company is being purchased by another company, but the owner doesn't want to sell or doesn't want to be part of the parent company. Hostile takeovers only occur with companies that offer public stock that is purchased and sold via stock markets.
February 03, 2012 | Comments: 2
Owning property has been the foundation of America since proclaiming independence in 1776. Becoming a property owner has become considerably more difficult in the past four years as banks collapsed and mortgage providers repossessed homes in record number.
The level of foreclosure property is staggering, with estimates of over 6 million repossessed homes since 2007. While foreclosure rates dropped in 2011 they are expected to increase in 2012.
To make matters worse, an increase in bank foreclosures could cause home values to decline further. This could lead to an increase in the number of people that enter into strategic foreclosure.
January 27, 2012
Determining home values is important for buyers and real estate investors. Although not the same as the asking price, the value of a home can increase or decrease depending on buyers' perceived 'value' of amenities.
Another factor that affects home values is data collected through comparable sales reports. Comp reports provide information about recent home sales in the area. They are relatively easy to acquire in markets where there is considerable activity, but are harder to find in rural areas or communities where people stay put.
Buyers can obtain comp reports from realtors and real estate websites like PropertyShark.com and Zillow.com. When reviewing data it's important to compare apples to apples. Review prices of homes that have similar square footage, number of bedrooms and baths, lot sizes, and built within the same decade.