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mortgage - Page 7 - Strategic Real Estate Coach

Pending Expiration Fuels Strategic Defaults

Tag: mortgage

Pending Expiration Fuels Strategic Defaults

The current Mortgage Debt Relief Act of 2007 is set to expire on December 31 of this year. While there is a bill in the House that would extend it to 2015, homeowners are getting twitchy. So much so, in fact, that according to YouWalkAway.com, a foreclosure prevention agency, conducted a survey of borrowers and […]

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Mortgage Delinquencies at Lowest Since 2008

Mortgage delinquencies have hit their lowest point in 4 years, according to the Mortgage Bankers Association, down from 7.58% to 7.4%. This includes mortgage payments that are at least one payment behind, but does not include loans already somewhere in the foreclosure process. The peak number was over 10%, during the height of the housing […]

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5 Tips For Investing In Bank Owned Properties

There are unique income opportunities for the savvy real estate investor in today's market. Over 46% of all home purchase transactions are distressed properties according to Inside Mortgage Finance Magazine and thier Housing Pulse Newsletter. So what does that mean for you? Bank owned properties, or real estate owned properties (REOs), are homes that went […]

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How to prepare for the future of real estate investing...

Yesterday I told you about my friend Peter. He's one of the guys I attribute to me starting out in real estate. In 2003 I picked up his book one day in the book store and I've made millions in real estate investing since. Trust me, a lot has chance since then! That's why I'm […]

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”I’ll Take a Case of Water, A Flat-Screen TV and a Mortgage”

Wholesale clubs truly are becoming one-stop shops for everything you need... giant boxes of cereal, lawn furniture, bulk toiletries, and now… mortgages. After testing for a year, Costco is launching a full-service mortgage lending program on its website, in conjunction with First Choice Bank and 10-other lenders. To date, the lending partners have issued over […]

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Buyers on Fire is Crushing!

161 new leads in 30 hours plus a mortgage broker is going to pay me $2000 a month to provide him these leads. Booyahh!!! www.strategicrealestatecoach.com/buyersonfire 440-623-0531 www.surveymonkey.com/s/acceleratedinvestor

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Short Sales Making a Comeback With Investors

This is good news for real estate investors, but honestly, something we at SREC never stopped doing, even when things got really tough. Short sales are once again are becoming popular with investors. According to a recent survey by HousingPulse, the percentage of investors pursuing short sales rose by nearly 3.5% in a six-month period. […]

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Incentive Payments to Mortgage Investors Could Triple

I just got this article from Jerry Kayser, my broker at Sharp Concepts Realty and one of my SREC coaches, and I had to pass it along to you – this is really big news! Right now, Freddie Mac and Fannie Mae own 3.3 million of the 11.1 million mortgages where borrowers own more than […]

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860,000+ Foreclosures Completed in 2011

Recently, CoreLogic released their annual National Foreclosure Report. Corelogic is a leader in providing financial, real estate and consumer data used by top industry experts. In this report, they provide information on foreclosures by month, total foreclosure inventory and delinquency rates. Their findings include the five states with the highest foreclosure rates. The leaders are […]

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BOA Settles, Brings Mortgage Relief to 200,000 Homeowners

Last week, Bank of America announced that they were reducing the amount owed for 200,000 underwater homeowners. This is huge for the homeowners, because it means a chance to eliminate the underwater portion of their mortgages. The anticipated average reduction is $100,000. Homeowners are eligible for the reduction if they were at least 60 days […]

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