about 2 months ago - 1 comment
A short sale is the sale of real estate in which the sale proceeds fall short of the balance owed on the property.
It generally occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a loss is better than foreclosure.
Both parties must consent to [...]
about 6 months ago - No comments
Over the past few months we’ve been re-launching our Motivated Home Seller brand for real estate agents – HomeFlux.com.
It has been exciting to see how agents are rapidly growing their business through focusing on motivated home sellers – a segment of sellers that is rapidly growing, and is incredibly under-served by most real estate professionals.
With [...]
about 4 years ago - No comments
Foreclosure – A procedure by which the holder of a mortgage—an interest in land providing security for the performance of a duty or the payment of a debt—sells the property upon the failure of the debtor to pay the mortgage debt and, thereby, terminates his or her rights in the property.
In the United States, there [...]
about 4 years ago - No comments
Do you have a system?
I met with a large investor the other day and he (like me) is very systems oriented. What I mean by this is that if you are running a business (i.e. real estate investing) you MUST come up with a documented, reproducible system for everything you do.
So many small business owners [...]
about 4 years ago - No comments
You’ve done your marketing, you are getting calls, but somehow you are having a hard time closing the deal and buying a property. What’s the problem?
Many investors struggle with how to present offers to home owners, while it seems to come naturally to others. This entire process essentially boils down to selling. You are selling [...]
about 4 years ago - No comments
These articles remind me of three things.
1. Make sure you regularly consult your attorney to ensure you are following the law – things change often and you never know when you might inadvertently be doing something illegal. (see HB1823 post).
2. Always double check everything when buying property. There have been a number of times when [...]
about 4 years ago - No comments
“Where there is no vision, the people perish” – Proverbs 29:18
Real estate investing, just like everything else in life requires a plan. You can not float through it without a set path and expect to be successful.
This is more then just “I want to make a million dollars buying houses”. This is a methodical step-by-step [...]
about 4 years ago - No comments
How do you get your leads?
If you have a web site (almost all agents and investors do) that you collect leads from (why do you have a web site if you aren’t collecting leads?), how do you receive that information?
Most people it seems have the home owner fill out information on their web site, which [...]