Investors

view current
Real Estate Investments instantly.


Get an email or an
RSS Feed sent to you automatically.


Email Subscription


Delivered by FeedBurner

RSS Subscription

  • What's RSS?
  • How do I subscribe?

Sign up for RSS   Sign up!


 

1 2 3 4 5 6 ... Next

10 result(s) displayed (1 - 10):

April 15, 2013

Residential Real Estate Auctions

Buying property through residential real estate auctions is a great way to get a bargain. However, buyers need to be aware of the rules and have their finances in order prior to placing a bid. Doing so will let them find houses that fit into their budget and help them attain the best price.

Houses which are sold through residential real estate auctions generally consist of foreclosure homes and properties which need to be sold quickly. This might include probate real estate or properties owned by banks, investors, or organizations that need to liquidate multiple dwellings.

In order to get the best return on investment, buyers will need to spend time exploring their options. One of the first steps is figuring out how much they can afford. When people buy auction properties using bank loans they generally have to get pre-approved before submitting bids. Most often, buyers are required to provide payment in cash or cashier's check when they win the bid.

Real Estate Investing article on "Residential Real Estate Auctions "

March 15, 2013

Tax Lien Sales

Investors often avoid tax lien sales because they can be complicated. However, with a little research and detective work this strategy can pay off handsomely. At the very least, it's a good way to generate profits or acquire low-cost investment property.

As with most investments, tax lien sales can be risky. Becoming educated about the process is vital. A good place to start is local real estate investing networking groups. Check organizations like LinkedIn or MeetUp to find meetings in your area.

A simple explanation is tax liens are placed against property owners who fail to pay their taxes. Owners are given a certain amount of time to pay delinquent property tax. If they fail to do so in the allotted timeframe, tax collectors put the lien up for auction.

Real Estate Investing article on "Tax Lien Sales "

August 14, 2012

Mello Roos

Mello Roos is a type of real estate property tax assessed in the state of California when people buy homes in areas designated as Community Facilities Districts (CFD). This special tax is levied to pay back municipal bonds acquired to provide residents with public utilities and services.

The special Mello Roos tax was established in 1982 by Senators Henry Mello and Mike Roos. Its purpose was to overcome tax deficiencies that occurred when Proposition 13 was signed into legislation.

This special tax only applies to properties situated in CFDs. In order for a neighborhood to be classified as a community facilities district at least two-thirds of residents have to vote in favor of implementing the Mello Roos property tax.

Real Estate Investing article on "Mello Roos "

May 24, 2012

Freddie Mac Foreclosures

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.

Real Estate Investing article on "Freddie Mac Foreclosures "

December 28, 2011

REO Property

REO property refers to real estate owned by banks. It can consist of residential homes, commercial real estate, or undeveloped land. Buyers' present purchase offers through real estate agents just as with any other type of transaction. The only difference is banks own the property instead of a private owner.

REO property can be a good choice for everyone from first time home buyers to seasoned real estate investors. These properties are typically priced below market value and sold with a clear title. All are sold 'as is' and the majority is in need of some degree of repair.

There are a few differences between buying bank foreclosures vs properties listed by private sellers. Bank owned homes are usually in worse condition, but not always. Many have sat vacant for long periods of time, leaving them musty, dirty, and in need of a lot of TLC. Some have been vandalized or used as refuge by squatters.

Real Estate Investing article on "REO Property "

July 12, 2011

Strategic Foreclosure

"Strategic foreclosure" is the newest phrase circulating throughout the media. It refers to homeowners who elect to walk away from their underwater mortgage even if they can afford payments. As property values continue to decline, experts predict many homeowners will elect to walk away.

The problem with strategic foreclosure is walking away does not give homeowners immunity from paying their mortgage. In fact, those who engage in this strategy could end up owing money on property they no longer own.

Real Estate Investing article on "Strategic Foreclosure "

May 11, 2011

HUD Housing Counseling

Anyone requiring HUD housing counseling should jump in now before budget cuts obliterate the program later this year. Remember the looming government shutdown in early April? Well, the Republicans and Democrats decided one way to balance the budget was to slash HUD funding for counseling services that have helped thousands of homeowners avoid foreclosure.

I've referred many people to HUD housing counseling. Especially, those participating in Obama's Making Home Affordable program. MHA originated in 2009 as a way to help "millions" of homeowners stay in their home via loan modification. The program hasn't been very successful and is likely to be scraped as well.

Real Estate Investing article on "HUD Housing Counseling"

May 02, 2011

Improper Foreclosure

Improper foreclosure is something you'll be hearing about a lot. The media is abuzz over bank regulators launching a plan to provide monetary compensation to homeowners whose homes were illegally seized.

Improper foreclosure occurs when banks do not have proper mortgage assignment documents. In recent weeks, much has been publicized about mortgage lenders hiring robo-signers to forge signatures on loan documents; allowing banks to foreclose via fraudulent means.

Real Estate Investing article on "Improper Foreclosure"

April 26, 2011

ForeclosureGate

ForeclosureGate is the latest term being used to describe the mortgage fiasco. In recent weeks, numerous reports have surfaced claiming banks are responsible for the chaos and that things will only get worse for American homeowners.

ForeclosureGate seems an appropriate term considering the level of cover-up, lies and deceit which are being brought to light. An investigation into the mortgage debacle began in October 2010 after Attorney Generals from all 50 states demanded answers.

Last week, the Office of the Comptroller of the Currency, along with the Federal Reserve completed their investigation. The report claims over $535 billion in real estate mortgages may require foreclosure review due to fraudulent loan documents.

Real Estate Investing article on "ForeclosureGate"

January 26, 2011

Debtor

The word 'debtor' refers to a person who owes money to a lending institution or private individual. People and companies that lend money are referred to as creditors. This can encompass banks, credit unions, credit card companies, department stores, and private funding sources such as hard money lenders, family or friends.

In the financial world, debtor can also be referred to as borrower or mortgagor. The latter is used in deed of trust contracts and mortgage notes. These descriptions are interchangeable, but also refer to the persons who borrowed funds and are responsible for repayment of outstanding debts.

Real Estate Investing article on "Debtor"

1 2 3 4 5 6 ... Next