Short Sale Fundamentals - Part 3
 
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05
Apr
Home Prices Rising, If Your Eyes Are Closed

Home Prices Rising, If Your Eyes Are Closed

A new, fascinating, mind blowing, game changing study was just released. Did I get you interested yet? Sorry to disappoint you but that was pretty much all sarcastic. There really was a study but I consider it mostly a bunch of … well, you’ll see. Home prices, the study goes, are actually on the rise....

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04
Apr
Pinterest is Red Hot!

Pinterest is Red Hot!

I finally decided to take a step outside of the RE market and talk about something different. But in the end it turned out that this latest craze actually fits perfectly with RE investing. I’m talking of course about Pinterest. You should definitely check it out. In case you haven’t heard Pinterest is exploding across...

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01
Apr
Principal Reduction Will Cost You BIG

Principal Reduction Will Cost You BIG

The debate on applying principal reductions to underwater homes is really starting to heat up. They’ve started throwing out terms like “moral hazard” and “shared appreciation” and other things that really don’t solve the issues. But at least they’re talking. Basically the only way such a program would be effective (notice I said effective, not...

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30
Mar

What Bill Do You Pay First?

I’ve got a really really practical question that you should be asking yourself. Unfortunately, I’m sure for some of you it’s come up more than once. The question is: What bill do you pay first? - Mortgage - Car loan - Credit cards The answer overwhelmingly for Americans has been for the last 4 years...

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28
Mar
Willow Tufano’s Cool Interview

Willow Tufano’s Cool Interview

This girl Willow is doing a great job of staying in the spotlight. It’s a lesson for all of us out there in the real estate world. Keep people talking, keep them thinking about you, and make a great impression as early on as you can. It’s tough making it in this economy, no one...

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26
Mar
Bank of America’s New Rental Program

Bank of America’s New Rental Program

Apparently, Bank of America is going into the rental business. It’s an interesting idea and, though they’re trying it on a small scale, it could be an interesting game changer. I’ll give you the scoop and you tell me what you think: BofA is taking 1,000 customers who have - exhausted all loan mod options,...

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22
Mar
“Spin” an “Underwater Home” into a “Bargain Home”

“Spin” an “Underwater Home” into a “Bargain Home”

Spin. Spin is a very interesting concept and it’s in use every single day. Spin is all in the context, in how you say something in just the right way that it sounds totally different. Today’s headlines provide a good example. “2011 Home Bargains May Continue This Year” That headline is a great use of...

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21
Mar
How to Create a Life of Opportunity

How to Create a Life of Opportunity

    I know we usually talk about real estate here. And with good reason – you guys are driving the economic recovery by picking up the real estate market and fixing our problems with your hard work and dedication. So I want you to watch this video. TED Talks: Peter Diamandis: Abundance is our...

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19
Mar
Banks Now Giving Away Investors’ Homes FREE

Banks Now Giving Away Investors’ Homes FREE

Want to hear a shocking statistic? 11.1 million borrowers are underwater. Actually, that’s not the shocking one. Here it is: 4.4 million underwater borrowers have both first and second mortgages. That’s not just shocking, it’s downright scary. Now the current government “thinking” regarding helping them get sorted out is principal reductions. And the banks are...

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14
Mar
14-year old Landlord!

14-year old Landlord!

By now I’m sure most of you have heard the inspirational story of Willow Tufano, 14 year old landlord. In case you haven’t here’s the rundown: Willow was constantly tagging along with her Mom, a real estate agent turned investor, and she began selling old junk she found in the homes. After a while she...

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