Home > December, 2008

Foreclosures in the country have pushed past over one million homes. Couple that with folks just trying to sell their home for whatever reason and there is a glut of homes in many markets. While this level is high it is within many historical swings of the past. The point of this discussion is to [...]

Need info on investing in multi-family investments in STL?

Archived in the category: foreclosure investing
Posted by admin on 30 Dec 08 - 1 Comment

Hi! I'm starting research on investing in multi-family apartments/townhomes in St. Louis. Any good foreclosure listing sites or do I use an Agent? Any websites on the ins and outs of investing in homes? Looking for any info in this matter along with financing. Thanks!
Hello there! I'm just getting started in investing myself. The best [...]

Purchase your First Home With Slow Credit

Archived in the category: foreclosures
Posted by admin on 29 Dec 08 - 0 Comments

It used to be that if you had less-than-perfect credit you had little chance of finding a mortgage lender willing to do business with you. But times have changed and that’s good because in today’s home mortgage and mortgage refinance market it’s common to find just as many applicants with good credit as there are [...]

Are there any good real estate chat rooms or maybe blogs?

Archived in the category: foreclosure investing
Posted by admin on 28 Dec 08 - 2 Comments

I have some money and am considering doing some foreclosure investing. Just need some clarification on some specifics. Thanks.
this site may help you. it contains a Buying Guide, info on rent, rental yields, taxes, and such.
http://globalpropertyguide.com/
Good luck.

100% Loans. are They Gone for Good?

Archived in the category: foreclosures
Posted by admin on 27 Dec 08 - 0 Comments

With recent news of sub prime lenders such as New Century Title closing its division triggered scare among many other lenders. All major lenders in sub prime market or anyone who has a bad credit, credit score (FICO) below 600 will not be able to apply for 100% loans anymore. Today, you will have to [...]

Option Arm Loans — Why the Bad Wrap?

Archived in the category: foreclosures
Posted by admin on 25 Dec 08 - 0 Comments

Definition. An Option ARM mortgage loan is a “Negative Amortization Mortgage,” which means that if the borrower only pays the minimum payment each month, the principal will build. By definition, a negative amortization mortgage is one, which has a low monthly payment that does not fully cover the accrued interest each month. Since the interest [...]

Bernanke, in the recent past, had been urging in a passive way for the two heavy weights to lighten their portfolios. Now, it is more pointed with a strong message to Fannie Mae and Freddie Mac to focus more on affordable housing and less risky loans. The Option ARMs where massive foreclosures are occurring are [...]

i want to investing in real estate by foreclosure and tax sale, so i wonder do you need good credit to do that
Welcome aboard!! I was wondering when I was going to begin getting some feedback for the answers I wrote. YOU ARE THE FIRST- for me! I’m flattered! Thank you very much! Just [...]

Top 4 Problems Of Online Real Estate Training Courses!

Archived in the category: foreclosures
Posted by admin on 23 Dec 08 - 0 Comments

The real estate industry is a great industry: With the proper know how, effort, and mentorship you can become financially free.
Real estate usually involves investing in homes, offices, or other land or buildings. For example, a real estate investor might choose to buy a house at a particular location. If he thinks it is in [...]

As I am a first time home buyer , I don't have too much of capital to invest,as you may have guessed it. However, I am considering various options that I can avail as a first time buyer therefore foreclosure was one of the options to consider. I am currently looking in Santa [...]