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Posted by promote, at 12:49PM 07/03/08 :
Is Foreclosure Right For You?
Note: The foreclosure rate is up 60% in February and homeowners nationwide are struggling to make ends meet. The most common options are 1) Hang on and hope, 2) Sell if you have equity, 3) Foreclosure, 4) Bankruptcy, 5) Short Sale, and 6) Deed In Lieu of Foreclosure.
Posted by promote, at 12:48PM 07/03/08 :
What Is A Short Sale
Note: Short Sale: In real estate, a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagee. Extenuating circumstances delegate whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market climate and the individual borrower’s financial situation. A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. Here’s a free site completely dedicated to short sales and foreclosure investing. Author: Gerald Romine
Posted by promote, at 12:47PM 07/03/08 :
Fannie Mae Short Sale Guidelines
Note: Have you ever wanted to know the rules the loss mitigator is following when you are negotiating a short sale? Here’s the rules from Fannie Mae that should be very enlightening if you take the time to read them.
Posted by promote, at 12:46PM 07/03/08 :
Types Of Real Estate Foreclosures
Note: Foreclosure is the equitable proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner’s failure to comply with an agreement between the lender and borrower called a “mortgage” or “deed of trust.” Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, it is typically said that “the lender has foreclosed its mortgage or lien.”
Posted by promote, at 12:46PM 07/03/08 :
What Is A Deficiency Judgment?
Note: A deficiency judgment is a judgment lien against a debtor, defendant or borrower whose foreclosure sale did not produce sufficient funds to pay the mortgage in full. This option may or may not be available to the lender, depending on whether they have made a recourse or non recourse loan.
Posted by promote, at 12:45PM 07/03/08 :
Tax Implications Of A Short Sale
Note: When doing a short sale the debtor may receive a form 1099-C for the amount of the lender’s losses. This is considered loan forgiveness in the eyes of the IRS and the lender may issue a form 1099-C.
Posted by promote, at 12:44PM 07/03/08 :
What Is A Deed In Lieu Of Foreclosure
Note: A Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e., the borrower) conveys all interest in a real property to the mortgagee (i.e., the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.
Posted by promote, at 12:42PM 07/03/08 :
How to Successfully Buy Pre-Foreclosures
Note: Buying properties in pre-foreclosure can be the most profitable segment of a real estate entrepreneur’s business! Unfortunately, it is also the most misunderstood. Hopefully, this article will shed some much-needed light on pre-foreclosures and how and why you should become involved.
Posted by promote, at 12:40PM 07/03/08 :
Getting Better Cash Flow With Real Estate Rentals
Note: When is the last time you looked at your real estate loans to see if they are in times with the market? Are you paying 8%? Do you have ARMS with low interest rates that could be adjusting up? Do you have 80/20 seconds on rentals or your own house that is at 10%? Many people do and NOW is the time to do something about it.
Posted by promote, at 12:10PM 07/03/08 :
?It?s the small hinges that swing the big doors.?
Note: He was referring to little tweaks, habits or little things that make a profound difference. Quite frankly, having a system in place to quickly analyze and prepare all of the paperwork for real estate deals is one of those ’small hinges’.
Posted by 22jakes22, at 07:13PM 07/02/08 :
Make Money Taking Surveys !
Note: Your opinion is worth gold to big business........and they're ready to pay you right now for your time !!!
Posted by kickassre, at 06:59PM 06/30/08 and by 1 others:
Gerald Romine Is Back - Get Ready For Some Real Estate Investing
Note: Three weeks ago to the day my house was robbed in the middle of the day and I had to clean up the mess, deal with the insurance paperwork nightmare, and then deal with identity theft. I would have told you sooner but since I was going on vacation I di...
Posted by watkin29, at 11:46AM 06/24/08 :
Identifying market Trends
Note: Use these resources to identify ongoing market trends.
Posted by billu, at 09:25AM 06/24/08 :
Max New York Life Insurance: Life Insurance and Other Insurance Plans of India
Note: Max New York life insurance provides life insurance solutions, children's plan and retirement solution. Max New York Life offers a range of products that are designed to cater to specific individual life insurance needs
Posted by promote, at 01:32PM 06/19/08 :
Are You a Committed Real Estate Investor
Note: This could be the most important real estate tip you ever receive, and by taking daily action, you could change your financial life forever!
Posted by promote, at 01:31PM 06/19/08 :
What Bad Economy? An Inside Look At The Hard Truth Nobody Wants To Admit
Posted by promote, at 01:30PM 06/19/08 :
Bankruptcy Option Exposed For Real Estate Investors
Note: The truth is most people hear bankruptcy and because they do not understand much about the process they give up thinking it is too difficult or that they need a lot more knowledge to pursue bankruptcy investing. That’s BIG Mistake #1.
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Posted by promote, at 12:49PM 07/03/08 :Is Foreclosure Right For You?
Note: The foreclosure rate is up 60% in February and homeowners nationwide are struggling to make ends meet. The most common options are 1) Hang on and hope, 2) Sell if you have equity, 3) Foreclosure, 4) Bankruptcy, 5) Short Sale, and 6) Deed In Lieu of Foreclosure.
Posted by promote, at 12:48PM 07/03/08 :What Is A Short Sale
Note: Short Sale: In real estate, a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagee. Extenuating circumstances delegate whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market climate and the individual borrower’s financial situation. A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. Here’s a free site completely dedicated to short sales and foreclosure investing. Author: Gerald Romine
Posted by promote, at 12:47PM 07/03/08 :Fannie Mae Short Sale Guidelines
Note: Have you ever wanted to know the rules the loss mitigator is following when you are negotiating a short sale? Here’s the rules from Fannie Mae that should be very enlightening if you take the time to read them.
Posted by promote, at 12:46PM 07/03/08 :Types Of Real Estate Foreclosures
Note: Foreclosure is the equitable proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner’s failure to comply with an agreement between the lender and borrower called a “mortgage” or “deed of trust.” Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, it is typically said that “the lender has foreclosed its mortgage or lien.”
Posted by promote, at 12:46PM 07/03/08 :What Is A Deficiency Judgment?
Note: A deficiency judgment is a judgment lien against a debtor, defendant or borrower whose foreclosure sale did not produce sufficient funds to pay the mortgage in full. This option may or may not be available to the lender, depending on whether they have made a recourse or non recourse loan.
Posted by promote, at 12:45PM 07/03/08 :Tax Implications Of A Short Sale
Note: When doing a short sale the debtor may receive a form 1099-C for the amount of the lender’s losses. This is considered loan forgiveness in the eyes of the IRS and the lender may issue a form 1099-C.
Posted by promote, at 12:44PM 07/03/08 :What Is A Deed In Lieu Of Foreclosure
Note: A Deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e., the borrower) conveys all interest in a real property to the mortgagee (i.e., the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.
Posted by promote, at 12:42PM 07/03/08 :How to Successfully Buy Pre-Foreclosures
Note: Buying properties in pre-foreclosure can be the most profitable segment of a real estate entrepreneur’s business! Unfortunately, it is also the most misunderstood. Hopefully, this article will shed some much-needed light on pre-foreclosures and how and why you should become involved.
Posted by promote, at 12:40PM 07/03/08 :Getting Better Cash Flow With Real Estate Rentals
Note: When is the last time you looked at your real estate loans to see if they are in times with the market? Are you paying 8%? Do you have ARMS with low interest rates that could be adjusting up? Do you have 80/20 seconds on rentals or your own house that is at 10%? Many people do and NOW is the time to do something about it.
Posted by promote, at 12:10PM 07/03/08 :?It?s the small hinges that swing the big doors.?
Note: He was referring to little tweaks, habits or little things that make a profound difference. Quite frankly, having a system in place to quickly analyze and prepare all of the paperwork for real estate deals is one of those ’small hinges’.
Posted by 22jakes22, at 07:13PM 07/02/08 :Make Money Taking Surveys !
Note: Your opinion is worth gold to big business........and they're ready to pay you right now for your time !!!
Posted by kickassre, at 06:59PM 06/30/08 and by 1 others:Gerald Romine Is Back - Get Ready For Some Real Estate Investing
Note: Three weeks ago to the day my house was robbed in the middle of the day and I had to clean up the mess, deal with the insurance paperwork nightmare, and then deal with identity theft. I would have told you sooner but since I was going on vacation I di...
Posted by watkin29, at 11:46AM 06/24/08 :Identifying market Trends
Note: Use these resources to identify ongoing market trends.
Posted by billu, at 09:25AM 06/24/08 :Max New York Life Insurance: Life Insurance and Other Insurance Plans of India
Note: Max New York life insurance provides life insurance solutions, children's plan and retirement solution. Max New York Life offers a range of products that are designed to cater to specific individual life insurance needs
Posted by promote, at 01:32PM 06/19/08 :Are You a Committed Real Estate Investor
Note: This could be the most important real estate tip you ever receive, and by taking daily action, you could change your financial life forever!
Posted by promote, at 01:31PM 06/19/08 :What Bad Economy? An Inside Look At The Hard Truth Nobody Wants To Admit
Posted by promote, at 01:30PM 06/19/08 :Bankruptcy Option Exposed For Real Estate Investors
Note: The truth is most people hear bankruptcy and because they do not understand much about the process they give up thinking it is too difficult or that they need a lot more knowledge to pursue bankruptcy investing. That’s BIG Mistake #1.
