Patient Buyers Who Are Qualified Seem To Be Smiling

Lets begin by going over what I am NOT saying. I am not saying that today is the day to buy. I am not saying that we are at the bottom of the market. What exactly does that mean anyway? How does anyone declare a bottom to a real estate market? Isn’t it more realistic to say that certain types of real estate in different areas are likely to bottom out at different times? Does every floor plan in every condo just magically bottom out one month? Does every floor plan in a single condominium bottom... Read more »

Why You Will Not Get Cheap Properties At Tax Sale

Many, if not most, of my subscribers initially come to my site because they are interested in learning more about tax sales in general. I’m going to give you the information you’re looking for right here. I’ll tell you how bargain purchases are made at tax sales, and why I don’t think most people should try to buy at tax sales. When a property owner does not pay his taxes for a certain period of time, the city, county, or state will take action to collect those back taxes.... Read more »

Get Your Best Leads from Tax Sale Pre-Foreclosures

Are you buying bargain properties by contacting owners facing a mortgage foreclosure? This is a tried and true method for finding motivated sellers. However, I’ve discovered a better source of leads, which you should consider trying, or adding to your mortgage preforeclosure business: tax sale preforeclosures. You’ll contact owners who are about to lose their property due to non-payment of their property taxes. Everywhere in the country, owners of real estate are required to pay... Read more »

Foreclosing on Real Estate Opportunities

You’re a new home buyer. You recognize there is an opportunity to purchase a home that was once out of reach for you and your family and you’re scouting the raft of foreclosures in your price range. It’s exciting to contemplate finding an affordable home - perhaps one that needs a little TLC - and enjoying the many benefits of home ownership. As a former licensed real estate agent and business journalist who have purchased such homes in the past, I both congratulate and caution... Read more »

Interested in a No Doc Mortgage Loan?

No Doc Mortgage Loans may also be referred to as Low Doc Mortgages. Contrary to its title, at least a report on credit standing and a valuation of property to support the application is still needed. There is, however the undeniable decrease in document requirements compared to standard loan applications. Many borrowers are self-employed or thrive on commissions. Due to the variable nature of their income unlike paycheck earners, documentation of specific earnings is preferred to be kept hidden... Read more »

Bridge Loans: An Interim Solution

Let’s say you have decided to move to a new neighborhood. You have placed your current home in the market and presently in the final stages of closing the sale with a buyer. You intend to use the proceeds of this sale to purchase your new home. Then, an irresistible offer presents itself. You’ve found your dream home in the new location. Unfortunately, the property is hot in the market and if you do not settle down payments now, you run the big risk of losing the bid. Your income... Read more »

Buying Property - 3 Things To Note When Buying Your First Property

Buying your first property is definitely a great experience for you, and you will most likely wish to get involved in the process as much as possible. The DIY feeling will make you feel great once you have secured your ideal first property. However, searching for your first property might be a tedious process for you. Let me share with you some tips that you can take note of when you are looking for your property: The first thing that you need to do is to find out the market rate of the type of property... Read more »

Real Estate Ideas for Buying a Home

Think you are ready to buy a new home? It’s not as easy as visiting a few open houses and rifling through pictures online. Before you take the plunge, consider some of the following questions to help guide you through the complex process of buying a home. Home buying is a big financial investment. There are a number of things you can do to make the buying process enjoyable and successful. 1. Is this the right time for me to buy? Besides taking the current real estate market into account, give... Read more »

The Lowdown On Home Information Packs

For years the property market has been criticised for being inefficient and slow; it is now hoped that the introduction of home information packs will be able to speed up the process and in general make it clearer for both buyers and sellers. But what information does the home information pack contain? How will they help the property market and where can you get them from? Fundamentally home information packs will contain the following information and documents. The terms of sale and evidence of... Read more »

Mortgage Preforeclosure Investing Vs. DeedGrabbing

Have you ever looked into working with mortgage preforeclosures? By this I mean contacting the owner of a property who is about to lose it due to non-payment of their mortgage, and attempting to buy the property. This technique has been around forever, and a lot of people have made good money practicing it. Deedgrabbing is essentially the same concept, only we’re going after owners of tax-delinquent property, not mortgage-delinquent property. You may have made money in your area going after... Read more »