Qualifying buyers has become harder than it used to be mainly due to the poor credit profiles. However one area that I think is being abused is the aspect of identity theft. Now more than ever identity theft is a big issue. Thieves are now more advanced in the ways of obtaining YOUR information and [...]
WASHINGTON, D.C. - On Wednesday, July 30, 2008, the President signed into law The Housing and Economic Recovery Act of 2008, which authorizes the Department of the Treasury to purchase obligations of housing Government Sponsored Enterprises (GSEs); reforms the regulatory supervision of the housing GSEs; provides reform of the Federal Housing Administration; provides homeownership assistance [...]
Las Vegas, Miami and Phoenix all saw prices plummet by at least 20%. And so far, there is no sign of a bottom.
NEW YORK (CNNMoney.com) — Home prices have posted another record decline, as most of the nation’s largest markets suffered double-digit drops over last year, a survey released Tuesday shows.
The S&P Case/Shiller Home Price [...]
In this market where the homes below market are plentiful is the absolute best time to buy a home with zero down. The plan is simple, locate a home that is being sold below market value. Where? Contact a Real Estate Investor or a Real Estate agent with access to shortsales. The question to ask [...]
By Eric Dash
THE NEW YORK TIMES
Even as financial shares led a stock market rally on Thursday, the crisis in the credit markets threatened to engulf one of the nation’s largest commercial finance companies.
The CIT Group, a century-old company that lends money to small businesses and midsize corporations, was forced to draw on $7.3 billion of [...]
0 comments Werner Robles | Business Finance, Real Estate, Uncategorized |
I have noticed a definite shift in the marketing strategy of Realtors, starting with their Association Advertising campaign. Their whole mantra for the last few years while we were in a seller’s market was to convince the sellers that this was a good time to sell, often helping the process of overbiding a home [...]
Slowly but surely we have been working the system to be able to sell our homes to buyers in the 580 range (We are doing one with 520!). This is the time to pick up as many houses as possible with large profit spreads that you can flip quickly. Even deals with less than [...]
Update 1: As you all know we have been very proactive in obtaining homes for our members to transact on. The Realtors Report and the Home Builders report is one of the main reason for our present success. As we enter in a buyers market, sellers of all types are looking for alternatives [...]
