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REOs and Foreclosures

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Where do I start checking for foreclosures in Illinois?How do I get the list from banks of their foreclosures?

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This video is from the show Open House on CNN. This video briefly explains what some tax & credit consequences homeowners may face after a short sale or a foreclosure. Consult with a CPA or your attorney for specifics. More information at: sccrealestateuncensored.com/2007/shortsale-foreclosure-pt4/ micasamidinero.com/2007/shortsale-foreclosure-pt4/ Video Rating: 3 / 5 Question by missthanku: Where do...
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Can the IRS place a taxlien on Real Estate owned by 2 People?

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Can the IRS place a taxlien on Real Estate owned by 2 People?

Tips you need to know to save you Money, Time and Stress when buying a Bank Owned property. Bank Owned real estate is a perfect investment for the First Time Home Buyer as well as the Real Estate Investor and Move Up Buyers. Learn how to find properties eligible for 0 down FHA Financing...
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Sweet aroma of rib joint going sour on neighbors?

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Sweet aroma of rib joint going sour on neighbors?

1936 Reo Flying Cloud Image by aldenjewell The last of the Reo cars was proclaimed to be "America’s Finest Six" on this colorful postcard issued by Reo in 1936. It also asks people to "See And Drive A Reo Today!" on the reverse side, but apparently few people did. Sweet aroma of rib joint...
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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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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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How To Find Underpriced Real Estate Deals

How To Find Underpriced Real Estate Deals

In real estate, there is a saying that you don’t make your money when you sell, you make your money when you buy. The name of the game is finding amazing deals and then either keeping them for the long term or turning around and flipping for a handsome profit. Of course, if great deals...
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Was Lita as over in ECW as she was in the WWE and how did you like Sandman in WCW?What happen to Essa Reos?

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Was Lita as over in ECW as she was in the WWE and how did you like Sandman in WCW?What happen to Essa Reos?

www.bankreopropertydeals.com How to Make Money with BULK Bank REO Properties. The Most Amazing Deals in Real Estate – Bulk REO LOI, POF, LOA, NCND, Master Fee Agreement – Do they really mean anything if either investor or bank aren’t able to perform? How many times have your been frustrated by this? Would you be...
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Foreclosures

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Foreclosures

Legal Defenses to Foreclosure The following are legal defenses to foreclosure to beat the bank:  1.       Truth in Lending Act (TILA) violations enabling rescission.  If your loan is a refinance, the bank must have provided you a set of disclosures at the time of closing.  If these disclosures are inaccurate, the loan is...
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Simons to play with big acts

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Simons to play with big acts

1931 Reo Speed Wagon Panel Truck Image by aldenjewell Reo, or REO (Ransom E. Olds) made trucks from 1905 to 1967 when the name was merged with Diamond T into Diamond-Reo, a subsidiary of White Trucks. Diamond-Reo closed in 1975. Simons to play with big acts Singer/guitarist Keaton Simons will join legendary rock artists...
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