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Education - Page 72 - Strategic Real Estate Coach

REAL ESTATE INVESTING NEWS AND INFORMATION

Home Prices Reach Highest Point Since 2006

 Sep 09, 2012 
Josh Cantwell
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. […]

My Life in Real Estate - Live Action Short Sale

 Sep 09, 2012 
Josh Cantwell
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 […]

County Prosecutor Sues Freddie Mac

 Sep 09, 2012 
Josh Cantwell
 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 […]

Homes Just Hitting the Market Selling Faster

 Sep 09, 2012 
Josh Cantwell
 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 […]

My Life in Real Estate - 3332 Marmore Avenue

 Sep 06, 2012 
Josh Cantwell
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 […]

Fairpark Drive Rehab Case Study Part 2

 Aug 26, 2012 
Josh Cantwell
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 […]

New GSE Short Sale Guidelines Begin Nov. 1

 Aug 26, 2012 
Josh Cantwell
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 […]

Everything You Ever Wanted To Know About Buying & Selling HUD Homes

 Aug 24, 2012 
Josh Cantwell
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 […]

Pocket Listings Gaining Popularity

 Aug 19, 2012 
Josh Cantwell
Sometimes, for whatever reason, home sellers just don’t want to publicize the fast that they are selling their house. In this case, the house is a “pocket listing,” and it is not listed on the MLS. Instead, it is marketed directly by a real estate agent or broker. This gives the seller more control over […]

Government Considers Eminent Domain for Foreclosures

 Aug 19, 2012 
Josh Cantwell
There is another great housing foreclosure debate raging in governments – this time over the issue of eminent domain. Some local governments are throwing around the idea of condemning mortgages through eminent domain. It would work like this – a town or county “would seek court approval to pay a ‘fair market’ value to a […]
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