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April 02, 2009
Sell House Fast
Today's real estate motto is "sell house fast". Problem is there are a bounty of houses on the market and only a handful of qualified buyers. There is no question the real estate market is in one of the worst slumps in recorded history. Foreclosure filings are occurring at record speed. Experts predict nearly 4 million Americans will file for bankruptcy protection this year. Nearly half of those filings will be an attempt to save homes from foreclosure.
Type in 'sell my house fast ' at any search engine and you'll discover thousands of websites offering house selling advice. The problem is a large percentage of these websites are operated by internet marketing entrepreneurs with no training in real estate
Real Estate Investing article on "Sell House Fast"
March 25, 2009
Foreclosure Homes
Foreclosure homes are houses which borrowers still owe money on but can no longer afford to maintain their payments. Once borrowers become 31 days delinquent on their mortgage note lenders can initiate pre-foreclosure and force the borrower out of their home. Although the process takes several months to complete, foreclosure is a stressful event that will darken your credit history for up to a decade.
Once banks take possession of foreclosure homes they attempt to sell them through foreclosure auctions. More often than not, foreclosed homes require repairs and renovations. It is not uncommon for previous homeowners to trash the place when they are evicted.
Real Estate Investing article on "Foreclosure Homes"
March 09, 2009
Sell My House Fast
Help me sell my house fast and I will... fill in the blank. What would you be willing to do? How far would you go to unsaddle yourself from the financial burden and stress caused by your mortgage loan? How low are you willing to price your real estate in this ultra-competitive market?
Sell my house fast programs are popping up all over the place. In fact, this very topic was featured on the morning news. People are being warned of foreclosure rescue scams and mortgage bailout programs. As you well know, scammers love to prey on desperate people and there are a lot of desperate people dealing with their personal mortgage crisis.
Real Estate Investing article on "Sell My House Fast"
March 07, 2009
Buy My House
Are you wondering, "Is anybody going to buy my house?" If so, you can join the ranks of the worried homeowners association. Although it probably won't make you feel any better, you aren't alone in your quest to find a qualified buyer. Nearly everyone is feeling the pinch of the downturned economy and nearly crippled real estate market.
Buy my house is the chant of the day. Over the past few months I have seen sellers carrying "buy my house" signs to attract the attention of bus tour home buyers. Buy my house signs are posted throughout every neighborhood and busy intersection.
Real Estate Investing article on "Buy My House"
February 27, 2009
I Buy Houses
As a private investor I buy houses on a regular basis. On average, I view around 100 houses per month. Every day, I hear incredible stories of the life struggles people are facing. Many of the homeowners are facing foreclosure or bankruptcy. Others are going through a divorce or have recently lost their spouse due to illness or accident. Some need to sell their house because they have lost their job.
When I entered the "I buy houses" arena, my primary goal was to make money. I didn't realize that buying houses would ultimately offer distressed homeowners the opportunity to make a fresh start. While making money is fun, helping people out of bad situations is even better!
Real Estate Investing article on "I Buy Houses"
February 25, 2009
Buying Houses
Not so long ago people were buying houses at neck-breaking speed. Today, few people qualify for a mortgage loan. There is no doubt the housing market is in a serious slump. Lenders are carrying billions of dollars worth of non-performing loans and bank owned properties. Many homeowners are in serious financial distress; unable to make their house payments and waiting for impending foreclosure.
When I began buying houses, my primary goal was to locate distressed properties below market value. I engaged in house flipping and purchased rental properties. It was rewarding and profitable.
Real Estate Investing article on "Buying Houses"
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 21, 2009
We Buy Houses
Today, "We Buy Houses" signs dot the horizons of communities across the nation. The majority of these signs belong to private real estate investors or investment groups looking for cheap houses and distressed properties.
At Simon Volkov, we buy houses that are average or above average. Why? Because there are few resources available for homeowners with houses priced $300,000 above median or who carry mortgage notes higher than $500,000. There are a significant number of people who bought overpriced houses using subprime loans. Today, these people are facing foreclosure because their mortgage payment went up and their property value went down
Real Estate Investing article on "We Buy Houses"
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