Author Archive
How To Buy Health Insurance And Not Empty Your Walet
If you thought buying life insurance was tough, just wait until you shop around for health coverage. Unlike an employer sponsored plan that has to accept everyone at the same price, private plans in most states are underwritten based on your age, weight, smoking status and health history.
In some cases, applicants will even have […]
Will All Banks Do Short Sales?
The typical uneducated real estate investor in todays market is running like a acared rabbit away from any deal that doesn’t have tons of equity instead of trying to be a bit more creative in structuring the transaction for the benefit of all involved. Yes, including or friend the loss mitigation officer at the bank.
It […]
Foreclosure Wars In Your Area?
The neighborhoods hit the hardest by foreclosures were not always a haven for criminals and despair, but with hundreds of foreclosures, it can destabilize any community.
Some neighborhoods around the country have upwards of 800 houses going through foreclosure. Essentially entire streets are being abandoned. And of course crime increases as vacant properties offered […]
Brass Balls Real Estate Investing
There are plenty of homes for sale, a record number nationally and perhaps an all-time high in your neighborhood as well. But apart from those folks who must move for one reason or another, there just aren’t many buyers. Even the looky-loos are staying away.
The reason is that people are afraid to dive in at […]
7 Secrets to Enormously Profitable Real Estate Investing
Knowing how to negotiate and close a deal is one thing. Being able to structure different types of transactions and think on your feet when in front of a seller is quite another. You need to become a transaction engineer so whatever comes your way you can handle. Here are some examples to work from […]
Pre-Foreclosures The Millionaire Maker
If you truly want financial freedom, now is the time to invest in pre-foreclosures. Yes, now is the time because foreclosures are at an all time high nationwide, and it isn’t going to get better any time soon.
Properly done there will be many millionaires made in this market for the next few years. It’s quite […]
The Importance of Agreeing On The Closing Date
When you make an offer to purchase a property, you will sign a purchase or purchase and sales agreement with the seller. This document will be the binding contract and agreement between you and the Seller and the provisions in that document will spell out certain events which must take place before your escrow can […]
Overcoming the Seller’s Objections When Buying Subject-To
It is my opinion that building rapport and getting your seller to feel comfortable with, dare I say “like you, is the biggest step toward overcoming any fears or questions that they may have.
Whether sophisticated or not, some sellers ARE going to have questions and you had better be able to answer them in […]
How to Save Up to 90% On Title Insurance
If you have ever bought or sold real estate, you have probably paid for title insurance. What exactly is title insurance? Why do we need it? How can I save money on title insurance? These are common questions asked by real estate investors.
Whenever title passes, the seller usually gives a deed containing certain guarantees or […]
Secret Loopholes Of The Due On Sale Clause
The Garn St. Germain Act carves several exceptions in which the lender may not enforce the due-on-sale:
With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on […]
