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Why do banks want to get rid of the REOs?

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Foreclosure REO Specialist – “REOS” Designation – 4 Series “REO – Real Estate Opportunities” We have over 5 million properties on the market today. During the third quarter of 2009, over 803000 foreclosure filings went out across the nation. Over 70% of the sales transaction in September were Short Sales and REO, reported by...
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A Look At REOs Images

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A Look At REOs Images

REO Image by Pete Zarria An old REO ghost found in Litchfield on 66. 1930s Reo Light Delivery Express Image by aldenjewell Can any of you Reo experts tell me what year these trucks are? This is a 5" x 8" postcard issued by Reo, and I’m guessing it’s around 1933 or 1934. My...
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Lastest Self-directed IRA News

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Lastest Self-directed IRA News

Kihei Bay Surf #130 Image by kaiscapes Kihei Bay Surf #130, Maui, Hawaii. Self-directed IRA real estate investment. White House’s Romer Sees No Sign of a Double-Dip Recession The U.S. economy doesn’t show signs that it will relapse into another recession, said Christina Romer, President Barack Obama’s chief economist. Read more on BusinessWeek Guidant’s...
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Short Sales?

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Short Sales?

Question by Fabio G: Short Sales? who knows any details on how to make a short sale ? I have properties that I can get cash out from to purchase other properties during this decline in property values and I heard about shor sales but have no idea as to the details if you...
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Spock buys a suit: New at Short Sales?

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Spock buys a suit: New at Short Sales?

Short Sale 101 This article will attempt to address the following: 1. Define a short sale 2. Talk about the different ways it can come about and be structured 3. Talk about how it’s different that foreclosure or bankruptcy 4. Talk about the implications for the seller 5. Talk about the implications for...
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Lastest Real Estate Investing News

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Lastest Real Estate Investing News

Taking a test at the Real Estate Investing College Image by Casey Serin Gloucester blog: Supervisor Crewe pitches bumping real estate tax rate to raise M for assessments Supervisor Bobby Crewe envisions bumping the real estate tax rate by a penny a year for the next five years as a means of raising million...
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Lavender: A feast for the senses

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Lavender: A feast for the senses

Image by margolove I get way too much enjoyment out of finishing rows. 1. Day Something Plus Two, 2. Xyryl, 3. Arch in Arc, 4. Day 155 – Outside the Ayala Museum, 5. Day 152 – Sukhothai, 6. Day 145 – Spring Inside, 7. Day 140 – Serendipity in the Bottom of a Water...
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The double flip: New at House Flip?

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The double flip: New at House Flip?

House Flipping Tips Flipping houses has become a very popular activity in the housing market, this can be very financially rewarding; however, if not done right, it could turn out in catastrophe and cost more on the property than you  make on it.  House flipping is not for everyone, it takes much more work...
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Pink Floyd – Money – Live 8

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Pink Floyd – Money – Live 8

Pink Floyd playing Money at Live 8 Still more to come Money! Image by Tracy O Pretty self-explanatory. A heap full of money. Yes, I took it myself. Thousands Sucked Dry By Hard Money Parasites- How To Avoid The Loan Leech! Thousands Sucked Dry By Hard Money Parasites- How To Avoid The Loan Leech!...
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Sometimes Bank Owned Works Out

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Sometimes Bank Owned Works Out

Bank Business Loan – is a Bank Business Loan the Answer? It is a fact that at one point in time or another nearly all entrepreneurs need a bank business loan, either to start up the enterprise, expend it, or to bridge difficult times when the consumer turns fickle. Of the many lenders and...
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