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40k Flips - Page 19 - Strategic Real Estate Coach

Freddie CEO: Mortgage forbearance is preferable to foreclosure

Category: 40k Flips

Freddie CEO: Mortgage forbearance is preferable to foreclosure

CEO Charles E. Haldeman Jr. said that foreclosure is the least attractive option from a secondary markets perspective and considers forbearance a viable option to keeping seriously delinquent borrowers in their homes. A full transcript of that conversation is in the October issue of HousingWire magazine. Haldeman said that forbearance, as an option in loss […]

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Partner With Me And Let My Team Do All The Work!

It's time for you to be well on your way to short sale investing success! Check this out... Accept my offer today to get full digital access to my best selling Real Estate Millionaire System & Apprentice Partnering Program. This will not only show you the best cutting edge methods for short sale success, but […]

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Thieves Cart Off St. Louis Bricks

Whoa... this one jumped out at me.  When I got in the business I was surprised to learn that scavengers would steal aluminum siding from houses in broad daylight.  Then I grew alarmed that houses were being gutted of copper pipes, even in the better part of town. But stealing bricks?  I didn’t see this […]

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House Bill Would Force Lenders to Decide on Short Sales in 45 Days

While I’m an optimist by nature, what chances do you give this bill of passing?  And even if it is passed, what will force the banks to sell at price that reflects what people can actually afford in the area where the subject property is located? Read more at DSnews.com

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Bill Would Force Lenders to Decide on Short Sale in 45 Days

There’s some encouraging news on the horizon for homeowners hoping to sell their homes via a short sale – in the form of a new bill being introduced into the U.S. House. The bipartisan Prompt Decision for Qualification of Short Sale Act of 2010 would impose a deadline on lenders to respond to short sale […]

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A Downside of Short Sales

Since we started SREC, Jeff Watson and I have been adamant that if you’re going to get into the short sale business, then you need to do the business the right way.  What does that mean?  Well, for starters it means that all of your transactions are open and transparent to each party involved. Unfortunately, […]

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Final Replay Of Watson's Historic GSE Reform Update

Good Morning, I’m looking forward to a nice Sunday relaxing with my family, and maybe catching a football game, too! I wanted to make sure you knew about tonight’s special replay of Jeff Watson’s historic GSE reform update webinar. It starts at 8:30pm Eastern, 5:30 Pacific. Click here to register. Thursday’s webinar was full to […]

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Volatile Housing Market Baffles Homeowners

This audio on NPR ran a couple days ago and I replayed it during an early am workout.  It’s a good discussion with some interesting highlights about what’s going on in the housing market... and what it means to homeowners, buyers, sellers and renters. Investors can draw their own conclusions! See NPR ~Josh

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SAN BERNARDINO: Two brothers charged with foreclosure fraud

At SREC we’ve often discussed the troubled public perception of using land trusts as a vehicle to successfully complete short sale back-to-back transactions.  Of course, there’s a legal way to use this tool, which we describe in our Dovetail program. The following article references yet another pair of scalawags using land trusts to rip people […]

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Fannie and Freddie Reform (This impacts you)

Freddie Mac and Fannie Mae reform is inevitable. Together they have amassed trillions of dollars of assets, and billions of dollars of liability. The question is what is going to happen, and who is going to get what? How we buy and sell real estate in America will change forever. This just doesn’t impact real […]

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