17 January 2009 | 2 replies
Why is the Realtor not pursuing the short sale herself?
17 February 2009 | 11 replies
Wholesaling sounds like birddogging with the added step of actually putting the house under contract, right?
21 January 2009 | 6 replies
When he decides to do something, he pushes ahead full force and does it two steps above what the "average guy" is doing.
22 January 2009 | 14 replies
The negotiator that the bank assigns to the property does not care if you have cash, does not care if it takes nine months to get to the next step, and does not care if you are the greatest savior that can take all her problems away.
19 January 2009 | 1 reply
I would appreciate your feedback once again on this deal to see if I should pursue it.
25 January 2009 | 19 replies
If a lender detects, suspects or decides to allege fraud even at some future date they can unwind these deals and come after everyone they choose to pursue.
6 February 2009 | 8 replies
Welcome and don't be afraid to step in and get your feet wet.
9 February 2009 | 3 replies
First, understand your goals and take the necessary steps to obtain that goal.
27 January 2009 | 1 reply
The Fed announced a plan to bail peole out if they are at risk of foreclosure:
http://news.yahoo.com/s/nm/20090127/ts_nm/us_usa_fed_foreclosure
Of course, if you were responsible and took out a loan that you could a...
18 February 2009 | 10 replies
"To be frank, since the TARP money came in, they are still selling off (properties at auction), but they kind of took a step back." . . .Real Estate Disposition LLC (REDC), which claims to be the nation's largest real estate auction company, held 300 ballroom auctions in 2008 and sold nearly 33,000 foreclosed homes for $3.4 billion -- a seven-fold increase in sales volume and nearly triple the proceeds the company generated in 2007.Company CEO Jeffrey Frieden said he expects to "smash that record" this year as banks and lenders continue to amass a huge inventory of foreclosed homes and are more motivated than ever to sell their inventory. . . .Some observers fear that if the massive amount of debt the government is taking on to stimulate a recovery, inflation -- and higher interest rates -- are inevitable consequences.