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July 2014 Blog Posts (18)

The Probate Process

I wanted to avail this post to provide an overview of the often overlooked but lucrative niche of probate investing. Literally TRILLIONS of dollars will be transferred from one generation to the next. Enter an aging baby boomer population and this fact of life will only balloon in the coming years.

Probate is the legal process to obtain the legal authority…


Added by Donna Roberts on July 29, 2014 at 1:50pm — 1 Comment

The latest mortgage rate trends

Investors in financial commodities such as the dollar and government bonds have been watching very closely at mortgage rate trends, primarily to see if the Fed will push interest rates up. According to, a national survey firm of big lenders, the 30-year fixed rate mortgage level is down from 4.31 to 4.30 per cent. It may…


Added by Pam Maglione on July 25, 2014 at 12:03pm — No Comments

The Single Most Important Factor to Consider When Selling Your Home

To understand the importance of setting the right price, you first need to understand the market place. When selling your home, your market place isn't a specific location, instead it's more of a worldwide economic system for exchanging goods and services. More specifically, the market place for home sales is more a figurative place than a literal place. None the less, in either case, the market place is where the law of supply and demand operates. Understanding how the law of supply and…


Added by Jesus (Jesse) Gonzalez on July 24, 2014 at 2:12pm — 1 Comment

Wisconsin June 2014 Housing Statistics

The Wisconsin housing statistics are in for June of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:



Added by Michael Collins, CDPE, SFR on July 23, 2014 at 2:03pm — No Comments

Addressing Correspondence When Contacting Probate Opportunities

Ideally, when marketing to probates, you should contact the “PR” or Personal Representative, also known as the executor, who has been tasked with the fiduciary duty of liquidating the estate. They are, in short, the decision maker that has the greatest influence into what happens to the real property attached to the estate. (…


Added by Donna Roberts on July 23, 2014 at 6:03am — No Comments

Short Sale vs. Foreclosure

iOn REAL ESTATE | by Michael Humphries | Compass Roads Realty, Inc



It’s likely you’ve heard the term “short sale” thrown around quite a bit. So what exactly is a short…


Added by Michael Humphries on July 22, 2014 at 3:30pm — 5 Comments

Sample Letters To Send To Probates

In the coming years, trillions of dollars will be transferred from one generation to the next. In real estate, probates are the low-hanging fruit because nearly always, the executor of the estate wants to sell the property at some point to pay for taxes and other estate-related expenses, pay creditors and distribute the proceeds to the…


Added by Donna Roberts on July 22, 2014 at 11:28am — No Comments

The Personal Representative In A Probate Proceeding - Defined

What does the Personal Representative, i.e., PR, Administrator or Executor responsible for? Bottom line, all you need to know as an investor is the court has awarded the PR absolute authority to sell the house. Your job is to contract it and buy it or assign to another all cash buyer. This is the crux of Probate Real Estate investing.

In common law jurisdictions, a…


Added by Donna Roberts on July 22, 2014 at 11:06am — No Comments

The Most Popular Property Search Websites for Home Buyers

If you have been searching for homes online, then you know the 3 top sites for real estate listings:, and All 3 have their own unique differences, and you probably have your favorite, I know I do.
Zillow has only been around for less than a decade but has spawned millions of customers…

Added by Pam Maglione on July 18, 2014 at 11:46am — 3 Comments

Probates 101

Probate is the court process to obtain the legal authority to act on behalf of the estate of a person who has died (Decedent). The estate is distributed according to: the decendent’s will or if the decendent did not have a will, according to laws of intestate succession. The probate court appoints legally qualified persons, called …


Added by Donna Roberts on July 16, 2014 at 9:19pm — 1 Comment

3 Things You Must-Do to Win at Homebuying

iOn REAL ESTATE | by Michael Humphries | Compass Roads Realty, Inc

The real estate market has become a competitive arena for homebuyers. Many are getting beat out…


Added by Michael Humphries on July 16, 2014 at 3:30pm — No Comments

Prepare Your Home This Summer

Summer months can bring some of the highest energy costs of the year, because of the high demand for air conditioning or any cooling appliances. In this month, make sure you're ready for hot weather and prepare into it.  Keeping your home comfortable can be expensive, but it can be dangerous as well. If your air conditioner runs too often, your electric system can be stress put you, your family and your home at risk and usually to fire.


Let us embrace the days of summer with…


Added by James Loftis on July 8, 2014 at 8:28am — No Comments

Who is a REO agent?

The real estate market is a very volatile place to conduct your business – and for many of us, it’s an absolute necessity. After all, you need somewhere to live, right? This seems to be the problem for a lot of people, though. Because they feel they “need” a real estate agent, they are less likely to actually take into consideration…

Added by Pam Maglione on July 7, 2014 at 2:59pm — No Comments

The Good Unemployment Data Report is Good for Real Estate, and the Economy Overall

Thu, Jul 04, 2014. Posted in "Real Estate Market News"

Since today is the 4th of July holiday, the unemployment data report came out yesterday  - and the numbers were good!

Unemployment continues to drop, and there are more new jobs in the economy that predicted. Overall this is great news for our recovering economy.

One impact of the report was to normalize interest rates a little, which in this case means going up slightly, but the…


Added by Michael Nash on July 4, 2014 at 7:45pm — 4 Comments

Save Water and Energy This Summer

Summer is the peak time for water and energy use in every state. Heavy water use at peak times during heat waves means to add more and more effort to use energy; in total energy and water is related and both are highly demand in this season. And with energy prices at their highest during peak hours, it costs more to pump and deliver water to your home during peak times – which means higher energy costs for your water agency and higher water and energy bills for you.

And… Continue

Added by James Loftis on July 4, 2014 at 10:14am — No Comments

Common hazards in your old house

Yes, older homes have their charms, and when it well-maintained they are more often command a premium for buyers seeking for history home. But some homes are just old and how hard it can be to keep it maintained and updated. It has plenty problems, from asbestos in the attic to radon in the basement. Before planning to deal the owner, you do need to bring along a knowledgeable architect to check out hazards common in older homes.


Find the problems early enough and you might…


Added by James Loftis on July 3, 2014 at 8:56am — No Comments

Keep Your Family Stay Healthy During the Summer Season

Summer means fun in the sun. This time kids are out of school, adults are going on vacations and it's time for outdoor activities like visiting amusement parks, riding bikes and parties and much more.


Tips to enjoy the summer:


  • Let natural air coming-in to your home. Open your windows during day time. If you don’t have plan yet for vacation, still, you can enjoy the summer season, have your breakfast or lunch be held outdoors, maybe…

Added by James Loftis on July 2, 2014 at 6:32am — No Comments

Buying a Home with Cash

Pros and Cons of Cash Buying

All-cash home purchases hit a record in the first quarter of 2014, reaching 43 percent, according to RealtyTrac, which has been tracking cash-buying trends since 2011. Home-Cash-Purchases This latest figure represents a 19 percent rise from last year—a number industry watchers attribute to stricter mortgage qualification standards…


Added by Michael Collins, CDPE, SFR on July 1, 2014 at 10:08am — No Comments

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