America's Largest Social Network for Default Real Estate Professionals
What actually happens during a home inspection? It depends who you ask. Home inspectors are called upon every day to look at properties, but what do their moms, clients and the rest of the world think they do? “What is a Home Inspector?” is a funny video that answers that question from a variety of perspectives.
People often have different ideas about how a home inspector’s job gets done. Whether helping keep people safe…
Added by Molly Koch on February 25, 2013 at 8:10pm — No Comments
Hedge funds and investment firms are buying up Florida foreclosures, beating out homebuyers and local flippers, while steering the state into what some fear is another real estate bubble.
The companies, including New York-based Blackstone Group and Lake Success Rentals, a partner of Toronto-based Tricon Capital Group, purchased an estimated 5,300 Florida homes last year that were in some stage of foreclosure, according to a report from RealtyTrac.
In Palm Beach County,…
This is Michael's second such designation in the distressed property and pre-foreclosure field. He also holds the …Continue
Added by Michael Collins, CDPE, SFR on February 14, 2013 at 1:20pm — No Comments
January brought us another new low in inventory in Bend and Redmond since starting this project in late 2009. We of course expect lower inventory in winter and higher in summer which the first two Bend charts show very well. What is worth noting is all categories show a long-term trend of inventory decline for over 3 years.
Reminder: the charts and tables do not include bare land, multi-family homes, time shares or mobile homes without land.
The summer inventory peaks and the…Continue
Added by Robert Page on February 13, 2013 at 2:37pm — No Comments
PDF Version of this article - 10 Underwater Homeowner Options
Slipping toward foreclosure can lead to feelings of anxiety, depression, and loss of self-esteem. Don’t give up. There are options available to help millions of homeowners rescue themselves from…Continue
Added by Michael Collins, CDPE, SFR on February 13, 2013 at 12:26pm — No Comments
I have a SS where a Veteran is a buyer. Got the FHA participation letter, offer matching BPO value, all docs complete. Can't get the approval letter from the bank for more than a month! If they delay approval process even for 2 more days a Veteran loses his loan, has to vacate rental because did not extend a lease. Underwriter for his loan fully cooperates,
will give a clear to close as soon as she gets the approval letter. I sent begging letters to bank's negotiator.…Continue
REOPro Launches www.MatherNetwork.com for Investors
Friday 2/8/2013, REOPro, the nation's largest foreclosure network of agents, asset managers, attorneys, property preservationist and others, launches a sister site, www.MatherNetwork.com, focused on self directed real estate investors.
As with REOPro, the Mather Network has blogs, forums, real time live…Continue
Added by Jesus (Jesse) Gonzalez on February 8, 2013 at 9:04am — No Comments
The low supply of housing inventory is giving some economist reason to believe we are in for much bigger price gains this year. As of January 31st, there were 111 active single family homes on the market in South Lake Tahoe. We haven't seen numbers that low since the Spring of 2005. That's less than a 3 month supply of housing inventory. This means that buyers are dominating the market while there are relatively few sellers.
The tightening in supply is not expected to continue,…Continue
Added by Robert Stiles, SFR on February 5, 2013 at 9:58pm — No Comments
Here are six reasons, along with a three minute video proving each of these things, on why you should immediately cancel your Advanced Distressed Property Expert website and set up a Short Sale Lead Machine website for $1:
Real Estate has had quite a roller coaster ride this past decade in Las Vegas.
The latest info for the ups and downs of the market…Continue
Added by Phil Scheinman on February 3, 2013 at 12:19pm — No Comments
After the holidays, buyers tend to get more aggressive with their house hunting. Search activity usually peaks around March or April in most states, according to a new study of home searches from 2007 to 2012 conducted by Trulia.
In September, searches slow down. By December, buyer searches ebb to their lowest point of the year.
“Home-search activity swings with the seasons in every state,” says Jed Kolko, chief economist of Trulia. “Buyers and sellers can use these ups…
Added by Anil Alex Moonasar on February 2, 2013 at 12:24pm — No Comments