insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6131Great news for real estate investors who focus on short sales – they are on the rise again. Banks are turning to short sales more and more so they can get around the long process of seizing, maintaining and then trying to sell homes through foreclosure. The pace of new foreclosures has slowed slightly, but […]
In this video I am taking you to an actual HUD Wholesale home that I am closing on in just 2 days! As we drive to the house, I take you through the numbers and the process that I used to get this house at an incredible discount – 33% below the original listing price. […]
Earlier this week CoreLogic reported that year over year home prices rose to the highest point since August 2006 – 3.8%. On top of that, July marked the fifth straight month over month increase. CoreLogic chief economist, Mark Fleming, indicated that this growth is likely to result in price gains for the rest of the year. […]
This week the National Association of Realtors announced that the average amount of time a home is on the market has gone from 98 days at this time last year to just 69 days. In fact, one third of the houses on entering the market sold in less than a month. The trend reflects increased buyer […]
In northeast Ohio, the office of Cuyahoga county (which contains Cleveland) prosecutor Bill Mason is suing Freddie Mac and the Federal Housing Finance Agency for $1.1 million in unpaid real estate transfer taxes. This is one of eight identical suits filed across the country. Mason claims in court documents that, “Freddie Mac’s failure to pay the […]
In this short video I am just leaving a house that my Freedom Team and I will be doing a short sale on. It’s in an affluent neighborhood, the owners owe $550,000 on the house and have a lien on it for $200,000. The house is worth about $350,000-$400,000. Watch to find out how our […]
Check out this video. I’m at the location of a property that I’m considering buying. It’s a small bungalow in a nice neighborhood south of Cleveland. This turned into a short sale lead – the current owner is underwater, and owes $135,000. My offer on the house was $30,000, but the bank BPO came back […]
Beginning Nov. 1, the GSEs, Freddie Mac and Fannie Mae, will implement new short sale guidelines, designed to make the approval process easier for eligible borrowers. This is part of the Servicing Alignment Initiative that results in a decrease in documentation requirements. There are a number of additional changes included, all designed to ease the […]
Here another installment of My Life in Real Estate: $88,900 Profit In this video I'm going to take you inside "Fairpark Drive" I bought this house for $45,500, renovated it for $25,500. Its now on the market for $159,900. This thing has $88,900 of Profit in it ($159,900 - $71,000). If you are interested in […]
Buying HUD properties is a simple, fast way to make consistent profits – quickly putting thousands of dollars in your pocket over and over again. Before we find out some of the tips to working with HUD properties, let’s define what a HUD property is. A HUD property is one that used to have an […]
