Dallas Appraiser L.L.C. wants your help and commentary on our Real Estate Blog
Guide to Finding Homes for Sale
by Dallas Appraiser L.L.C. on 10/27/14
Title:
Guide to Finding Homes for Sale
Word Count:
378
Summary:
If you are looking for homes for sale you have several different options available to you. Regardless of if you are looking for foreclosures to invest in, or a new home to live in, you will be able to find these properties in a number of different places.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
If you are looking for homes for sale you have several different options available to you. Regardless of if you are looking for foreclosures to invest in, or a new home to live in, you will be able to find these properties in a number of different places.
Many years ago the only way to find homes for sale was by driving around the neighborhoods that interested you and looking for real estate signs. Even though this method is a bit outdated, you can still find homes for sale via this route. The main issue with this method is that you may spend a lot of time looking for homes and end up finding nothing. In addition, if you are looking for foreclosures you will not find them this way. Since foreclosures are not listed by real estate agencies, there will not be any signs outside of the homes.
Another option that is also used a lot to find homes for sale is searching the classified ads in the newspaper. This is one of the best ways to find homes for sale without ever having to leaver your home. Not to mention the fact that you will have hundreds of options to choose from. But again, if you are searching for foreclosures this may not be your best option. Even though you may be able to find a couple of foreclosed homes in the newspaper, you will not be able to find the number of properties that you need.
With the advent of the internet, finding homes for sale has become much easier. Every real estate agency has a website that lists their properties. There are also many generic sites that list properties from more than one agency. In addition to these sites, there are also ones that target foreclosures. By finding one of these sites, you will be able to search foreclosed homes in your area. This makes the process of investing in foreclosures much easier.
As you can see, finding homes for sale is not a difficult process. Even though the internet has taken over a large part of the real estate industry, you can still try more traditional methods. Regardless of what option you choose, you should not have any problems finding homes for sale.
Great Starting Ideas For the New Real Estate Investor
by Dallas Appraiser L.L.C. on 10/27/14
Title:
Great Starting Ideas For the New Real Estate Investor
Word Count:
715
Summary:
In his interview with me, John Paul Moses, who is the founder of our Local Memphis Investors Group, was willing to give us some tips about how to start as a real estate investor. After reading ‘Rich Dad, Poor Dad’ by Robert Kiyosaki he decided to start as a real estate investor.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
In his interview with me, John Paul Moses, who is the founder of our Local Memphis Investors Group, was willing to give us some tips about how to start as a real estate investor. After reading ‘Rich Dad, Poor Dad’ by Robert Kiyosaki he decided to start as a real estate investor. The book says to do this you need some preparation, so he went to the Internet and stocked every bit of information from the articles, news groups and discussion forums. By that time he started a long term friendship with Matt Scott who runs a great website called dealmakerscafe.com. That's how he learned the meaning of the word ‘escrow’ and what the difference was between a mortgage and a trust and real estate basic terminology. The Internet might be one learning ground. If you buy a real estate course you have to be very careful. The first course John Paul bought was in his opinion the worst real estate course and never did a deal from knowledge gained in that course. But at least he learned real estate terminology and spending $400 on that course proved to him that he was willing to invest in his education.
John Paul started by making an announcement in a Sunday paper just saying ‘real estate investors group starting, for information give me a call’ and he put a cell phone number there for people to contact him. At their first meeting they were about 16 people. He stood in front of those people telling them that he never done a real estate deal but he was there to learn and make sure that they had those meetings. They needed a leader and he took the initiative of being their 1st president. Since then the organization grew to over 500 members. Now they are a full fledged non profit real estate investors association with over 150 members in the Memphis area and since 2002 John Paul has been a real estate investing guy. He stepped down as the president and he is now serving as the executive director of the group. Most of the deals he has done in some way involve somebody from the real estate investors association, whether they were a buyer or a seller, money partner or whatever the case might be. Start working with people in your club because they are real people. You need to think who the buyers are if they have real cash or if they have access to the hard money. So, what you have to do is to pick only those motivated persons and build yourself a great network of successful people to work with and the investor groups are great places to find those people.
His advice for somebody who's looking for the structure of an investment group in another city is that you need to join the national real estate investment association; you need to get small groups of people together and join the National REIA (www.nationalreia.com ). They serve as an umbrella organization that supports the local REIA group. Another benefit of these groups is the availability of hard money lenders or private lenders within the group itself. You need to know what your resources are and just capitalize the costs or hard or private money in that part of the deal. For example they visited the National Group and invited some of their board members to have dinner together. That's the second thing John Paul recommends for everybody who wants to start a group: model yourself, don't try to figure out on your own!
Another thing a person should do is get those magnetic We Buy Houses signs for their vehicle. For John Paul they were worth the $87 investment as they brought him $12,000 profit from transactions altogether on wholesale deals. Nobody should be embarrassed of using them on their cars because the one who's embarrassed is letting money pass by.
John Paul's piece of advice for the new real estate investor is to not to be afraid to act, do not let yourself become paralyzed by fear and over-analysis. You need to take some time so don't panic. Give yourself six months and just consume information. A good way is to listen to tele-seminars or find information on the Internet or pick some books from the library.
Gated Communities: A Safe Bet
by Dallas Appraiser L.L.C. on 10/26/14
Title:
Gated Communities: A Safe Bet
Word Count:
439
Summary:
Many of the new property developments on Coast Rica's beautiful "Gold Coast" are gated communities. These are an ideal choice for investment, especially if you aren't planning on living in your property all year round.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
Many of the new property developments on Coast Rica's beautiful "Gold Coast" are gated communities. These are an ideal choice for investment, especially if you aren't planning on living in your property all year round.
Owning land in absentia can pose some unique issues in Costa Rica, where squatter laws give an individual some rights to land if the legitimate owner has allowed them to reside there for over a year. This doesn't mean that you've given them consent to live on your land ñ it simply means that you haven't kicked them off. Squatters look for uninhabited land and set up residence, sometimes planting a few crops, and hope to remain undiscovered long enough to make a claim.
There are many ways to avoid this headache ñ you can have someone local check on your property, employ a caretaker (and keep good records so that they can't claim squatter status), or visit your property every three months. If squatters are discovered within 90 days the police are required to remove them from your property. To have them removed after a year, the legal landowner must go through a lawsuit which is an expense (and headache) that most people would rather avoid, and in some cases they could even lose ownership of their land.
An easy way to avoid this is to buy property in a gated community. This option ensures that your home is watched when you are not in town as well as having additional benefits. Gated communities are generally a more secure option than striking out alone, especially in areas that are big tourist destinations. Costa Rica is a very safe country: violent crime rates are much lower here than in other countries but petty offenses such as theft and property crime are not uncommon, especially in traveler-dense areas. Many condo developments and gated communities offer an entry system and private security included in the residents' fees, and your neighbors offer many sets of eyes to keep watch over your place.
Most of these developments offer infrastructure that is well above the national average, with underground electricity, great roads and community areas, and some even offer their own water systems and shopping areas.
The other advantage of owning in a gated community is that you can easily enter a property management arrangement, turning your empty home into a money making venture that pays for itself when you aren't around. The Guanacaste area has become an increasingly popular resort destination because of its warm weather, amazing beaches and general beauty. There's no doubt that a smart investment in this area will pay dividends and gated communities are a safe bet!
Gated Communities – Are they for you?
by Dallas Appraiser L.L.C. on 10/26/14
Gated Communities – Are they for you?
keywords: #Real_estate_appraiser, #Dallas,
#Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal,
#Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal,
#Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property,
#Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage
#what_is_my_house_size, #Stage, #staging, #Refinance, #value,
#For_sale_By_Owner
There is something uniquely American about
gated communities. Usually tucked away in the suburbs, they are given majestic
titles, such as Yosemite Rivers or Acadia Meadows. They feature narrow, winding
streets that also have cutsey names like Bubbling Brook Circle. If you can
stand the naming, you have the actual houses. While many of them tend to be
large 3-bedrooms or bigger, they do tend to all look the same. Most of them
feature manicured lawns that look better than the local municipal golf course.
But for some people, this is a snapshot of the American Dream. Should you buy a
home in a gated community? Let’s take a look at some of the plusses and
minuses.
A big plus for most potential homeowners is
that houses in gated communities keep their value. Since maintenance rules for
most gated communities are so strict and there is very little through-traffic,
the values of homes in most gated communities tends to stay high. Reselling
your home if you have to move away is also easier.
A minus for many is the evil homeowners
association. The scope of what a homeowners association asks of its homeowners
has become the stuff of legend. The ridiculous standards to which a home and
lawn must be kept can drive a person crazy. Everything from the color you’re
allowed to paint your home, to how you decorate it, to what you’re allowed to
keep on your lawn are all up to the local homeowners association, not you. This
is more than most people can stomach after paying a few hundred grand for a
house. But some find the conformity comforting.
A plus if you have kids is the safety of a
gated community. Of course, the community is much safer if your gate is guarded
and the gate mechanism deters people from following the car in front into the
community. But there is little doubt that little Johnny and Sarah will be safer
riding their bikes on streets with very little traffic and excruciatingly slow
speed limits found in most gated communities.
Just like the guard at the gate can work in
your favour to keep riff raff out as well as drunk drivers targeting your kids,
the gate guard can work against you, too. Every time you order a pizza, or if
you need an emergency visit from the plumber, you have to let the gate guard
know and have them buzzed in. This can be a hassle, and more times than not,
you’ll probably forget and this will leave your visitor stranded.
Buying a house is a stressful enough
decision in life but when you factor in the pros and cons of living in a gated
community, the process can seem overwhelming. The best piece of advice of all
is to talk to those that already live in a gated community and see what it’s
really like before you take the plunge.
Garage Construction Plan Ideas
by Dallas Appraiser L.L.C. on 10/26/14
Title:
Garage Construction Plan Ideas
Word Count:
396
Summary:
Garage construction has taken off over the past few years. Many people that have homes have decided that they want to build onto it in one way, shape, or form. And a lot of these people have determined that a new garage would give them what they are looking for.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
Garage construction has taken off over the past few years. Many people that have homes have decided that they want to build onto it in one way, shape, or form. And a lot of these people have determined that a new garage would give them what they are looking for.
When you are looking to take on a garage construction project, you will first need to start out with a plan of the new structure. You can find a garage construction plan in a number of different places.
Deciding whether or not you are going to take on the garage construction project yourself is an important step as far as coming up with a plan is concerned. If you are going to build your own garage, you are going to have to draw up your own plans. But on the opposite end of things, if you are going to hire a contractor to take on your garage construction project, they will be able to supply you with a number of different plans.
But regardless of who is going to be doing the actual building, make sure that you have a detailed plan so that your project follows along as it is supposed to. Never make the mistake of thinking that you will simply build as the project goes along. Even though this may work out in the end, more times than not you will end up missing out on something that you need.
Finding a garage construction plan that suits your needs should be easy. The first thing that you will need to do is determine how much space you have, as well as how big you want your new garage to be. The good thing is that your options are endless. You could opt for a single car garage that offers nothing more than basic shelter, or you could decide to build a multi car unit with a storage space on top. This decision will be based on size as well as necessity.
Also, price is always a determining factor in any garage construction project. Obviously, the smaller the garage the less you will have to pay. And remember, by doing the job yourself you can save a lot of money on labor.
A garage construction project may be all you need to take the look and functionality of your home to the next level.
For Sale By Owner May be a Mistake
by Dallas Appraiser L.L.C. on 10/24/14
Title:
For Sale By Owner May be a Mistake
Word Count:
489
Summary:
Do you think you'll save a lot of money if you sell it yourself? Get ready for a rude awakening, and call a good real estate agent.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
Don't sell it yourself! Sometimes a "FSBO," or house "for sale by owner" can sell as fast, and for as much as it would have if listed with a real estate agent. Sometimes. Before you decide to give it a try though, consider the following ten points.
1. Most buyers work with agents. They look through MLS listings. If you don't list with an agent, most buyers will never see or hear about your home. It's hard to find that "right" buyer or get top dollar when your invisible to most of the market.
2. FSBOs get lower offers. It's only logical. The buyer thinks you'll take less because you're saving the commission! Save $10,000, get $10,000 less - where's the advantage in that?
3. You pay advertising. All the costs the real estate office normally pays are yours if you sell it yourself. How much will you spend on ads if it takes a a year to sell?
4. You don't have the resources. The agent has books of sold properties to look at, for example, to determine the best price for your home. You can get that information by digging through county records, but you do have to value your time too, right?
5. You may not know the market. What's the target market for your house? Young couples, retirees? What features are they looking for? You should know these things before you write your ads. An experienced real estate salesperson will know.
6. You may not know the laws. What about written disclosures, and who pays the real estate transfer tax? Just because you sell it yourself doesn't mean you get to ignore the laws.
7. You may not be a good salesperson. How do you develop rapport and properly answer objections? Will your defensiveness scare off a buyer who criticizes your home? Think back to your own purchases. You know a good salesperson makes a difference.
8. A real estate agent handles the paperwork. Can you help the buyer properly fill out an offer to purchase? Do you have the other closing documents ready?
9. Real estate agents negotiate for you. When is the last time you learned a new negotiating technique? Do you know how to counter-offer without angering a buyer? A good salesperson is trained in these skills.
10. You may not save a penny. Documents, newspaper advertising, signs for the yard, and more - it's all your expense when you sell it yourself. Then after your hard work, you get low offers, and negotiate poorly? The truth is that sellers often net less money from the sale when they try to save the commission.
You can see why most "FSBO" sellers may eventually turn to a real estate agent for help. You can learn to do many of the things an agent does, but is it worth it to spend all that time and maybe not even save any money? Don't sell it yourself unless you really know what you're doing, and you're ready for the hassle.
For Sale By Owner Financing
by Dallas Appraiser L.L.C. on 10/24/14
Title:
For Sale By Owner Financing
Word Count:
323
Summary:
The FSBO market is growing rapidly as many home owners have chosen to forego the usual method of utilizing a real estate agent to list their home. The most common reason for this is to avoid paying the agent's commission out of the profit of the sale of their home. This process, however, is not as simple as it appears to be. It takes a special kind of seller to properly sell their own home, and in accordance with that, it takes a special kind of buyer to ensure that they get the best value for their money in an FSBO situation.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
The FSBO market is growing rapidly as many home owners have chosen to forego the usual method of utilizing a real estate agent to list their home. The most common reason for this is to avoid paying the agent's commission out of the profit of the sale of their home. This process, however, is not as simple as it appears to be. It takes a special kind of seller to properly sell their own home, and in accordance with that, it takes a special kind of buyer to ensure that they get the best value for their money in an FSBO situation.
As with most home sales, the ease of the transaction boils down to the financing that is involved with the purchase. Typically mortgage companies rely on the local real estate agents to bring them the bulk of their business. For this reason, many mortgage companies are not experienced in supplying financing options that are suited for an FSBO sale. In order to secure both your position and financing for a FSBO sale, its wise to enlist the services of a mortgage company that is experienced or even specializes in FSBO financing. A mortgage company that specializes in FSBO financing will supply the buyer with a range of services that are typically dealt with by a real estate agent in a usual sale. This includes aspects of the sale such as contacts, inspections, and legal matters pertaining to the sale.
This service is highly valuable in a FSBO sale as contracts and legal matters can be very confusing for someone who is not trained in the art of contracts. Mortgage companies that specialize in FSBO are experienced in providing protection and security for their clients that is normally provided by the realtor. A good FSBO mortgage company will guide their borrower through the home purchase process as it is in their best interests for their borrower to get the best deal possible.
For Sale By Owner Check List
by Dallas Appraiser L.L.C. on 10/24/14
Title:
For Sale By Owner Check List
Word Count:
630
Summary:
Many people believe that in order to get the best price for their home they need to sell it themselves. Why pay thousands of dollars to a broker for a job that they can do themselves? Even though close to 25 percent of the homes sold last year were sales by owner, at least half said they would hire a professional the next time around.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
Many people believe that in order to get the best price for their home they need to sell it themselves. Why pay thousands of dollars to a broker for a job that they can do themselves? Even though close to 25 percent of the homes sold last year were sales by owner, at least half said they would hire a professional the next time around.
This is not to say you cannot complete a successful sale without a professional, but a home owner needs to understand the risks and be as organized and as knowledgeable about the sales process as any agent. Here are some of the main points to consider before you make your decision to fly solo:
Property Value
Realistic pricing of your home is crucial to the successful sale of your property. If it's priced too low, you could potentially lose money. If it's price too high, you may also lose money due to accumulated costs from the home remaining on the market for an extended length of time. Two years ago, when I sold my last home, there was a sale by owner in the same neighborhood. The property was priced much higher than it was worth, and last I heard, the place was still for sale.
Determining the value of your home involves an in depth understanding of your market area. You can begin by doing comparative studies of similar properties that are for sale or that have sold recently in your area. It's probably a good idea to hire an appraiser to give you an accurate market value.
Marketing
A good realtor will advertise your home on their own web site, the MLS web site, in print, as well as through word of mouth. You have to compete with this strategy in order to effectively promote your property. Your home needs to stand out amongst all those realtor listings and the longer it remains for sale, the more it will cost you in marketing.
A good place to start is with one of the numerous online 'sale by owner' type sites that offer reasonable advertising packages. You may also want to promote a cash incentive for a sale initiated by a realtor; otherwise you may experience some sparse open houses.
Commitment
One of the key contributors to a home remaining on the market longer than necessary is the owner's lack of commitment to show the home regularly, and this includes organizing and promoting open houses. A certain amount of time needs to be dedicated each day to selling your home.
Dealing With the Customers
One thing realtors do very effectively is filter out the serious buyers from the window shoppers or low-ballers. You will have to learn how to deal with these people and not fall for an offer that you'll regret down the road.
Providing useful information to the potential buyer will lend to your credibility. A realtor is always waiting in the wings to field questions on financing options, costs of home repairs related to the purchase, recommendations for house inspectors, lawyers, etc.
Meet the Professionals
Get familiar with any appraisers, inspectors, lawyers or title reps involved in your sale. You don't want a delay in process because you've chosen the wrong people to deal with.
Knowledge of the Legal Process
Many closings have fallen apart due to inaccurate or incomplete paperwork. Have the necessary legal documents ready and know the process inside out. Any financial incentives, or inclusions need to be documented, signed and dated; verbal agreements don't count.
If this all sounds like a lot to think about, it is. Don't worry, many successful sale by owner transactions are completed every year, by home owners who took the time to educate themselves on the process and details of an effective property sale.
Foreclosure loss mitigation business opportunities are all around us
by Dallas Appraiser L.L.C. on 10/23/14
Title:
Foreclosure loss mitigation business opportunities are all around us
Word Count:
864
Summary:
Foreclosure loss mitigation business opportunities are all around us. Most people do not know this industry exists. Or they hear negative things in the media about how foreclosure investors rip off homeowners by stealing their houses. Well that is what the media’s job is.
keywords: #Real_estate_appraiser, #Dallas, #Tarrant, #Johnson, #Dallas, #home_appraiser, #home_appraisal, #Property_appraiser, #home_value, #real_estate_appraisal, #Appraisal, #Appraiser, #Home_size, #casa, #Arlington_Tx, #Mansfield_Tx, #foreclosure, #property, #Home, #House, #Real_Estate, #Measure, #house_size, #DFW, #square_footage #what_is_my_house_size, #Stage, #staging, #Refinance, #value, #For_sale_By_Owner
Article Body:
Tampa, FL - There has been a lot of talk in the media about the real estate investing market and the increasing number of bank foreclosures. The media is showing a negative outlook on the real estate market because they are saying that home sales are slow.
The general public believes this because during a downturn it takes longer to sell homes because there are more homes on the market. There are a lot of bank foreclosures and reo properties on the market which has added to the inventory. Smart foreclosure investors know this is all BS because they know that a home can sell just as fast if it has more exposure in the marketplace. The reason why homes don’t have as much exposure in a slow market than in a hot market is because the homes have more competition. The fact of the matter is; Now is the best time to get started in real estate foreclosure investing because the opportunities to create huge profits and wealth is endless.
To get a FREE Foreclosure Training course, go here right now <a href="http://www.realestateforeclosuresinvesting.com">Bank Foreclosures</a>.
More millionaires have been made in a down real estate market by buying investment properties than any other market. Anyone can make huge profits in a down real estate market if they take some time to go to real estate investing classes. The hottest class to attend right now is on short sale training.
A foreclosure short sale is when a lender accepts less than what is owed on the mortgage. It is a critical part of any real estate foreclosure investing strategy in today’s market because 95% of all homes entering foreclosure have equity in them. Short Sale training can separate the men from the boys when it comes to making it big in today’s real estate foreclosure investing market.
It always important to have a mentor when buying investment properties or when you are a real estate investing beginner. Getting advice on real estate investing can make or break your new entrepreneurial venture because you have to understand you make money on a property when you buy it and you realize it when you sell it. If you buy properties the wrong way or overpay for an investment property, you are putting yourself in a risky position.
Foreclosure loss mitigation business opportunities are all around us. Most people do not know this industry exists. Or they hear negative things in the media about how foreclosure investors rip off homeowners by stealing their houses. Well that is what the media’s job is.
They need to spin the stories to make it more interesting for the people watching their shows so they don’t go to another channel. If they go to another channel, they will get lower rates and less money from their advertisers. So take everything with a grain of salt. You need to treat everyone you help with a foreclosure listing with respect and not take advantage of them. This is why the media has so much to say about bank foreclosures.
Loss Mitigation is the department at the mortgage company that negotiates the defaulted loan or loan in foreclosure with homeowners. The Loss mitigation department negotiates real estate short sales for their bank or their investor. Negotiating with mortgage companies gets into advanced foreclosure training because if the loss mitigation specialist working at the bank finds out that you are a real estate investing beginner, they will take advantage of you.
Real estate investing beginners can also invest in a foreclosure course if they can’t dedicate the time out of their schedule to attend a foreclosure class or other real estate investing classes. The best investment for a real estate investing beginner is to get a foreclosure investing short sale course. This is the best advice on real estate investing you can get for today’s rapidly exploding foreclosures market. Short sale training is sometimes referred to as loss mitigation training.
There are resources on the internet for free foreclosure listings, however you have to remember; ìYou get what you pay for.î Usually these free foreclosure listings are not accurate because they compile these free foreclosure listings from old information from public sources. The best way to find quality foreclosure listings is from your local courthouse. In some areas, there are companies that go to the courthouse for you and will sell the foreclosure leads to you. The most important thing is that you get the foreclosure listings on a daily basis.
We are in the greatest real estate market you may see in your lifetime. You can start your own foreclosure investing business right now. You don’t need good credit, a ton of cash, or any experience to get started because all Foreclosure deals are down with no money down when you that the right foreclosure training.
Are you going to let this once in a lifetime opportunity to help distressed homeowners and make a ton of cash along the way pass you by?
Foreclosure Loans May Save Your Home From Foreclosure
by Dallas Appraiser L.L.C. on 10/23/14
Title:
Foreclosure Loans May Save Your Home From Foreclosure
Word Count:
268
Summary:
Foreclosure loans may offer a solution to homeowners that are facing a foreclosure. Investigate all your options during a foreclosure, yes, you have options use one of them to save your home and avoid foreclosure.
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Article Body:
Foreclosure loans are available to people that are facing a home foreclosure. If you are having a financial hardship and the bills and mortgage payment are getting behind, you still may have some hope with a foreclosure loan. There are some options to protect your home from foreclosure, and places that offer home foreclosure help by providing valuable information and resources that may be able to help prevent foreclosure.
Foreclosure loans offer borrowers a second chance to avoid foreclosure on your home. Foreclosure loan companies often look at personal finances and credit worthiness of each individual situation to determine if you qualify for a home foreclosure loan. Taking the time to provide the information that a home foreclosure loan requires is usually time well spent.
If you find that, a home foreclosure loan is not suitable option there are still other ways to prevent foreclosure of your property. Investigate all the options that you have available before you let the bank take your home.
Reduce your expense, pick up another job or somehow create another source of income. This may be all that you need to protect your home and avoid foreclosure. Reducing your expenses is a priority reduce the all the unnecessary monthly expenses. Cut the cable bill, cancel memberships and shop with coupons reducing your monthly expenses by only a few hundred dollars a month may be the answer to getting back on track.
If you are facing a home foreclosure there are web sites that offer home foreclosure help, use them. They offer valuable information and resources to people that are facing a home foreclosure.
