http://www.simonvolkov.com/ Real Estate Note Investor | Note Promissory en Copyright 2010 Fri, 10 Sep 2010 10:01:44 -0800 http://www.sixapart.com/movabletype/ http://blogs.law.harvard.edu/tech/rss property for salechances are you are frustrated with the real estate market and lack of qualified buyers. There is no doubt property owners are having a hard time selling real estate at a reasonable price. Homeowners must compete with discounted foreclosure properties, bank owned homes, and real estate short sales, along with declining property values. In order to profit from property for sale, homeowners are finding they must turn to creative finance options such as seller carry back mortgages and lease options. Seller carry back financing requires property owners to act as the finance company for all or part of the purchase price. Lease option involves leasing the property to tenants who sign a contract to buy the real estate within a predetermined timeframe. ]]> http://www.simonvolkov.com/property-for-sale.html http://www.simonvolkov.com/property-for-sale.html Property for Sale Fri, 10 Sep 2010 10:01:44 -0800 Real estate investing in California probate provides investors and individuals the option to purchase properties at discounted prices. Probate real estate refers to property that belonged to a person who is deceased. When decedents' do not engage in California estate planning prior to death, their estate may be forced to sell their property to settle outstanding debts. Real estate investing in California probate is nearly an untapped market. While a few real estate investors have discovered this potential goldmine, the general public is unaware they can buy properties held in probate. Additionally, the majority of probate personal representatives do not realize that real estate can be sold during the probate process. ]]> http://www.simonvolkov.com/real-estate-investing-in-california-prob.html http://www.simonvolkov.com/real-estate-investing-in-california-prob.html Real Estate Investing in California Probate Wed, 08 Sep 2010 21:05:57 -0800 how does a short sale work? If so, you're not alone. Many homeowners are facing foreclosure and looking for solutions that can reduce the impact to their credit. Entering into a real estate short sale agreement can be a saving grace that allows borrowers to sell their property 'short' of what is owed on their home loan and walk away. To fully understand how does a short sale work, it is best to discuss the details with the servicing lender. Although banks follow similar protocol their policies can vary. The first step involves contacting bank loss mitigation to determine if the property and borrower qualifies for short selling. ]]> http://www.simonvolkov.com/how-does-a-short-sale-work.html http://www.simonvolkov.com/how-does-a-short-sale-work.html How Does a Short Sale Work Tue, 07 Sep 2010 11:16:43 -0800 Structured settlement brokers are professionals who work with lawyers in developing structured settlements. A structured settlement is a financial arrangement often used to compensate individuals who have been severely injured. They are also used to compensate jackpot lottery winners, compensate individuals who win discrimination cases, and as life insurance annuities to provide heirs with inheritance funds. Structured settlement brokers act as consultants and provide information regarding the different types of annuity payment plans which are best suited for attorney's clients. Brokers discuss the advantages and disadvantages of each type of structured settlement and assist in negotiating the best deal for the client. ]]> http://www.simonvolkov.com/structured-settlement-brokers.html http://www.simonvolkov.com/structured-settlement-brokers.html Structured Settlement Brokers Wed, 18 Aug 2010 02:57:54 -0800 structured settlement company handles a variety of annuity programs such as physical injury settlements, malpractice lawsuits, commercial contracts, employment settlements, and discrimination matters. A structured settlement company typically consists of several consultants who specialize in various fields. Consultants are well-versed in the laws associated with the type of structured settlement annuities they establish for their clients. ]]> http://www.simonvolkov.com/structured-settlement-company.html http://www.simonvolkov.com/structured-settlement-company.html Structured Settlement Company Sun, 15 Aug 2010 15:16:49 -0800 Florida real estate market has been on a roller coaster ride for several years. Just a few years ago, Florida was considered one of the premium home buying states. In addition to being a fun-loving place to reside, Florida makes for numerous real estate investment properties to accommodate the millions of tourists who flock to the area annually. Florida real estate was a goldmine for investors. Many made most of their money by offering short-term vacation rentals or providing furnished condos and beach cottages to snowbirds who reside in the Sunshine State during winter months. ]]> http://www.simonvolkov.com/florida-real-estate.html http://www.simonvolkov.com/florida-real-estate.html Florida Real Estate Wed, 11 Aug 2010 15:24:41 -0800 Virgin Money is the brainchild of Sir Richard Branson; most notable for his record label, no-contract cell phone plans, fleet of airplanes, real estate, and private islands. Virgin Money offers a unique program known as 'Social Loans' which allows friends and family to structure personal loans secured by promissory notes and assess appropriate interest according to state usury laws. Virgin Money lets people arrange affordable loans with lower rates of interest than those offered through traditional lending sources. A variety of financing options are available to help borrowers obtain home mortgage loans, business loans, loans to pay off credit cards, finance a wedding, buy a car, obtain college tuition, and nearly anything else that would require a bank loan. ]]> http://www.simonvolkov.com/virgin-money.html http://www.simonvolkov.com/virgin-money.html Virgin Money Sun, 08 Aug 2010 20:20:08 -0800 Structured settlements are a type of financial arrangement which provide regular payments to recipients for a long period of time. Individuals who receive payments are referred to as Annuitants and payments are referred to as annuities or annuity payments. Structured settlements are often used to compensate lottery jackpot winners and individuals who were severely injured and require long term care or were disabled due to the injury and require financial compensation to cover living expenses. Annuity payments can also be established through life insurance trusts to provide inheritance money to heirs. ]]> http://www.simonvolkov.com/structured-settlements.html http://www.simonvolkov.com/structured-settlements.html Structured Settlements Wed, 28 Jul 2010 09:09:17 -0800 REO properties refer to real estate which is owned by the bank. Often referenced as real estate owned, bank owned, and bank foreclosures, these properties were once foreclosure homes that did not sell through public auction. REO properties have become a preferred choice amongst real estate investors. Although real estate owned homes generally have a higher price tag than houses sold through foreclosure auctions, they are sold with a clean title. The bank removes any tax or creditor liens which may have been attached and evicts foreclosed homeowners if they refuse to vacate the premises. ]]> http://www.simonvolkov.com/reo-properties.html http://www.simonvolkov.com/reo-properties.html Bank Foreclosure Foreclosure Homes Home Equity Home Path Mortgage Real Estate Investors REO Properties REO Properties Article Tue, 27 Jul 2010 14:59:58 -0800 Buying bank owned real estate is becoming a common practice amongst investors. Real estate owned by banks can often be purchased at 10- to 30-percent below market value. While many bank owned properties require repairs, they are priced accordingly and borrowers can apply for additional financing for rehabilitation construction. Real estate buying bank owned properties may qualify for HUDs Section 203(k) program, which falls under the Community Reinvestment Act (CRA). Under normal home buying circumstances, when buyers purchase homes in need of major repairs or renovation, they usually must apply for a high-interest construction loan. Once the work is completed, buyers pay off interim loans by obtaining a permanent mortgage note. ]]> http://www.simonvolkov.com/buying-bank-owned-real-estate.html http://www.simonvolkov.com/buying-bank-owned-real-estate.html Buying Bank Owned Real Estate Fri, 16 Jul 2010 13:54:05 -0800 Loss mitigation is a banking division that handles delinquent accounts. Employees of this division are known as loss mitigators. Their primary job function is to work with borrowers that have fallen behind with mortgage payments and devise a payment plan that keeps financial losses to a minimum. Loss mitigation handles a variety of real estate transactions including loan modifications, mortgage refinance, pre-foreclosure and foreclosure, mortgage forbearance, real estate short sales, and deed in lieu of foreclosure. ]]> http://www.simonvolkov.com/loss-mitigation.html http://www.simonvolkov.com/loss-mitigation.html Deeds in Lieu Forbearance Agreement Foreclosure Loan Modification Loss Mitigation Loss Mitigation Articles Loss Mitigator Mortgage Refinance Real Estate Short Sale Sat, 10 Jul 2010 13:33:35 -0800 sell structured settlement payments, Annuitants must first determine if their state allows this type of transaction. Approximately two-thirds of states' prohibit selling annuity payments. States which allow selling or transferring payment rights often require Annuitants to obtain court approval. People elect to sell structured settlement annuities to obtain lump sum of cash to pay off debts or for investment purposes. Individuals who obtain approval to sell annuities can do whatever they choose with the money. The exception is when court approval is required. States requiring court authorization generally require Annuitants to provide good reason for selling future annuity payments and require funds to be used according to the reason presented in court. ]]> http://www.simonvolkov.com/sell-structured-settlement.html http://www.simonvolkov.com/sell-structured-settlement.html Sell Structured Settlement Thu, 08 Jul 2010 12:02:11 -0800 real estate market. Turn on any newscast and you're certain to hear a tragic story of a family who has lost their home to foreclosure. Switch to late night TV and you're certain to see an infomercial showing how to capitalize on distressed real estate. Flip to cable and you'll find a dozen shows about house flipping, creating curb appeal, or selling mega mansions in Beverly Hills or Malibu. The million dollar question is what's really going on in the real estate market? Unfortunately, the answers are clear as mud. The National Association of Realtors reports a continual increase in buyers purchasing previously owned homes. NYU's Stern School of Business claims the rise stems from the federal housing tax credit offered through first time home buyer programs. Both agree housing sales will decline in the coming months ]]> http://www.simonvolkov.com/real-estate-market.html http://www.simonvolkov.com/real-estate-market.html Real Estate Market Thu, 17 Jun 2010 16:58:02 -0800 AZ refi refers to mortgage refinancing in the state of Arizona. Many residents are entering into mortgage refinance in order to reduce interest and monthly loan installments. This is particularly true for real estate investors holding rental properties. AZ refi allows investors to extend the terms of their note and reduce loan payments. Arizona has been hit hard by foreclosure and many previous homeowners are seeking rental properties. In order to compete in a declining market, investors find they must reduce rental rates to attract tenants. Investors turn to mortgage refinance to prevent negative cash flow. ]]> http://www.simonvolkov.com/az-refi.html http://www.simonvolkov.com/az-refi.html AZ Refi Sun, 13 Jun 2010 22:14:17 -0800 Florida refi is becoming a popular choice amongst property owners in the Sunshine State. Homeowners enter into mortgage refinance for a variety of reasons. The most common include: refinancing to obtain a lower interest rate, consolidating multiple loans, and cash-out refinancing. Another reason to enter into Florida refi is to extend mortgage loan terms. Many homes in Florida have decreased in value. Investors who own real estate for use as long term or vacation rentals find they must decrease rental rates to remain competitive. By refinancing mortgages investors can reduce their monthly payment and lower rental rates to attract tenants. ]]> http://www.simonvolkov.com/florida-refi.html http://www.simonvolkov.com/florida-refi.html Florida Refi Sun, 13 Jun 2010 21:55:03 -0800