Archive | May, 2010

Helpful Investing Private Lending Program

Are you ready for an investment that doesn’t end with .com?

Countless Americans owe their financial success to real estate!

 
We have several programs available to anyone who desires to build long term wealth through real estate, and we are always looking for partners that we can pull up the ladder of success.

Maybe you don’t have the time or knowledge to get started on your own, but you do have:

  • Cash to Invest

  • Retirement funds to invest (Grow

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Inventory Snapshot as of 4/10

Here are the latest stats to share about our local housing market. This gives a great overview on what the market in this area is doing. As you can see, properties are still averaging over 100+ days on the market. We hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Read more

Permanent Loan Mods on the Rise… Will It Continue?

The Obama administration recently announced that its program to prevent foreclosures has continued to make slow but steady progress, with the number of homeowners who have received permanently modified mortgages up about 13% in April 2010. The 295,348 permanent modifications amount to about a quarter of the 1.2 million trial modifications started under the program, which began last year. During the trial, banks and mortgage servicers reduced a homeowner’s monthly payment for 90 days, with a median reduction of about $500. If the homeowner made the payments and submitted additional paperwork, the servicer made the modification permanent and became eligible for cash incentives from the government. Read more

Fannie Mae: Your Landlord?

fannie_mae copyFannie Mae wants to let borrowers facing foreclosure hand their deed over and then remain in the home as a renter. What? Isn’t this in direct violation of every short sale approval letter you have ever read and every investment rule we have ever known?

The D4L (Deed for Lease) program is getting mixed reviews. After all, Fannie Mae is already not managing their huge inventory of properties. Now, they want to be Mr. Furley for millions of “can’t afford” …

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Funding for Back to Back Closes – Don’t Believe all the Hype on the Internet!

Before you jump into the latest “Guru selling a REO or short sale funding program” do your research because it might not be all it is cracked up to be! Listen in as I talk about the “new” back to back funding that is the entire buzz on the internet and what to watch out for in the coming weeks. I also cover which loans the 00 short sale credit that sellers are going to get from the government will …
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