Mark Walters has an amazing arsenal of foreclosure and bank owned information, and he can tap into some experience. Not months or years, but 3 GENERATIONS of real estate investing experience. Do you think he knows a thing or two about different real estate markets? – You bet! Read his informative article about buying REO’s [...]
Here is a great video that explains and illustrates the changes in the mortgage industry through the real estate bubble, and now back through the downturn of the market. Among other things, it’s a perfect illustration of why you need alternatives to conventional financing right now. One great alternative is “Temporary Seller Financing“. Knowing about [...]
Will the Fed’s takeover of mortgage giants Fannie Mae and Freddie Mac help investors and home buyers? Well, it might. The takeover is designed to shore up liquidity of the largest mortgage purchasers so that loan originators don’t get stuck with their newly originated loans. In many cases, loan approval for qualified buyers was slow [...]
If you have been following my blog for any amount of time, you probably know that to me bad news spells opportunity… worsening credit crunch = opportunity Here is the problem: Dealing with buyers who need new financing that has to be approved by the bank. (If you have a story about that, go ahead [...]
The negative press that real estate is currently getting has many rehabbers on edge, on the sidelines or out of business. They’re missing the boat, because they can’t seem to find the niche that will allow them a healthy profit while adding value to the market place. The three big mistakes are: 1. Letting “foreclosure [...]