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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, 2010

Home Path Mortgage

Fannie Mae's Home Path Mortgage is a home buying program offering multiple incentives to purchase bank owned homes. Money saving incentives include being able to purchase Fannie Mae homes with minimal down payment requirements and flexible mortgage terms which allow borrowers to pay additional monies toward their mortgage note without incurring penalties.

Buyers of Home Path Mortgage properties can select from most types of residential real estate including single family homes, townhomes and condominiums. Properties offered through HomePath are owned by Fannie Mae and consist of bank foreclosure and repossessed homes.

Real Estate Investing article on "Home Path Mortgage"

February 15, 2010

How to Sell a Home on Your Own

Learning how to sell a home on your own can be both challenging and rewarding. Those who master the art can save a bundle in realtor commissions. Those who do not take time to learn the intricacies of selling real estate can end up embroiled in legal battles or lose thousands of dollars in profit.

Many venues exist for learning how to sell a home on your own. The Internet is the preferred choice for most. However, libraries are another excellent choice and many loan real estate courses on DVD. Several private investors and real estate gurus offer home selling courses and seminars. Before whipping out your credit card, engage in due diligence to ensure the information you are buying is from a credible source.

Real Estate Investing article on "How to Sell a Home on Your Own"

January 23, 2010

First Time Home Buyer Programs

First time home buyer programs provide mortgage assistance and new home buyer tax credits to eligible applicants. Many programs exist for first time home buyers, so it is important to conduct research or consult with a mortgage advisor to determine which programs offer the best incentives and tax breaks.

One of the most prevalent first time home buyer programs is the American Recovery and Reinvestment Act of 2009 which expanded first time home buyers tax credit to $8,000 for housing purchases made prior to December 1, 2009. The first time home owner tax credit was later extended by the Worker, Homeownership and Business Assistance Act of 2009 to individuals who close the home purchase before July 1, 2010.

Real Estate Investing article on "First Time Home Buyer Programs"

February 23, 2009

Buy House for Cash

"Buy House for Cash" programs are quickly becoming a popular way to buy and sell real estate. Although there can be drawbacks to paying cash for houses, real estate investors oftentimes obtain significant savings for a cash offer and sellers can unload their property in a stale market.

The primary downside of buy house for cash transactions is the loss of mortgage tax deductions. In many cases, investors purchasing homes with cash are using them as investment properties. Others are obtained for the purpose of house flipping.

Real Estate Investing article on "Buy House for Cash"

February 15, 2009

Bank Owned Properties

Bank owned properties refer to real estate which has been returned to the lender. Also referred to as real estate owned or REO, bank owned properties can consist of land, single dwelling homes, condominiums, apartment buildings, manufactured homes and commercial real estate.

Bank owned properties can be sold directly through the lender or a licensed realtor. Most REO property is priced under market value. In some cases, buyers can purchase bank owned real estate at savings of up to 40-percent. However, the average savings hovers between 10- and 15-percent

Real Estate Investing article on "Bank Owned Properties"

September 02, 2008

Divorce Lawyer

Few people want to hire a divorce lawyer, but with one of every two marriages ending in divorce, chances are you might need one. While the decision to file divorce is painful, lack of appropriate legal counsel can leave divorcees in dire straits.

Retaining the services of a good divorce lawyer is a necessary part of the process. While there are plenty of law firms and attorneys who specialize in divorce and family law, it is important to choose one with experience in your type of divorce.

Real Estate Investing article on "Divorce Lawyer "

August 26, 2008

Flipping Houses

Flipping houses has been popular amongst real estate investors for nearly a decade. This type of real estate transaction involves purchasing low-cost homes and quickly reselling them for profit. Oftentimes, investors purchase distressed properties through foreclosure auctions or banks who offer real estate owned (REO) houses.

There are two ways to make money flipping houses. The most common is to purchase houses significantly under market value, make necessary repairs and renovations, than sell the home within a short timeframe. The majority of investors involved in house flipping generally attempt to complete deals within 90 days or less

Real Estate Investing article on "Flipping Houses "

April 01, 2008

"Real Estate Investing" Is House Flipping the Way to Get Started?

Real estate investing is certainly not new, but today's real estate market is considerably different than it was just a decade ago. Although the real estate market is currently cool, investing has never been hotter.

Every day, people flock by the dozens to real estate investing seminars in hopes of achieving their financial dreams. They know there is money to be made in realestate and are willing to plunk down a few thousand bucks to obtain the knowledge.

Real Estate Investing article on ""Real Estate Investing" Is House Flipping the Way to Get Started?"

March 03, 2008

Types of Homes for Sale

When looking at homes for sale, there are many options to consider. Are you looking for single family residence home or multi-family real estate such as a duplex or apartment building? Are you looking for a fixer-upper home or a brand new home that requires no additional work?

Many homes for sale are being offered as FSBO (For Sale by Owner), which may or may not be the best choice for you. Others are offered as REO (real estate owned) foreclosure homes, while other homes for sale are offered directly through a real estate agent.

Real Estate Investing article on "Types of Homes for Sale"