Archive for September, 2007

Florida’s Anti-investor Legislation, Stature 501.1377 and the Foreclosure-rescue Consultant

Dave Dinkel asked: On May 28, 2008, Governor Crist of Florida signed into law Statute 501.1377 (HB 643/SB 992) or so called Anti-Fraud Legislation. The real estate investing community has labeled the new legislation as anti-investor, despite the statute formally being called “Foreclosure-rescue Transactions”. The legislation targets certain types of foreclosure-related transactions including any action [...]


For Sale By Owner Guide, Part 5 of 5: Closing the Deal

ForSaleByOwnerDotCom asked: ForSaleByOwner.com’s Home Selling Guide What are common for sale by owner mistakes? We walk you through hiring the right professionals and why homes don’t sell.Content


TYBEE ISLAND GEORGIA NEW HOME FOR SALE BY OWNER

serenitylin42 asked: New Home for Sale by owner, 912-832-5191 for information. Tybee Island with views of Atlantic Ocean and Savannah River.Create a video blog


The Bubble Has Yet to Burst on Existing Homes for Sale

John Harris asked: For months now, the doomsayers have been forecasting a burst in the real estate bubble. The burst has yet to happen. According to data released during the first week of October, the median existing homes for sale price fell in August by 1.7 percent, a first in over ten years of year-to-year [...]


Foreclosure Home: Are Distressed Properties A Profitable Real Estate Investment?

Simon Volkov asked: A foreclosure home can be a profitable real estate investment. However, it is important to understand the pros and cons of this type of investment venture before plunking down your hard earned cash. While you might be fortunate enough to locate a foreclosure home in perfect condition, chances are you will need [...]


Foreclosure Overview & the Foreclosure Process

Sofia Rucci asked: A foreclosure is a legal proceeding taken by a bank or mortgage lender against a homeowner who has defaulted on their mortgage loan.  There are several steps in the foreclosure process; pre-foreclosure, auction, and bank owned.  It is possible to buy homes during each of these foreclosure steps if you know where [...]


Surf the Wave of Profits by Tapping Pre-foreclosure Lists of Motivated Sellers

Robert Lam asked: Pre-foreclosure lists: What they are and why you need themTens of thousands of foreclosed homes are sitting on the market. It’s easy enough to find them, but how do you find the real gems — the homes that are on the brink of foreclosure? Turns out it’s easy to find them, too. [...]


Many Homeowners in Foreclosure Believe in Magic

Julio Martinez-Clark asked: Foreclosure is a financial and legal issue. If you attack the issue from a financial standpoint, you must to have cash to pay your mortgage. If you attack it from a legal standpoint, you must be able to find a flaw in the foreclosure lawsuit to dismiss it. I don’t see any [...]