Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!

Monthly Archives: October 2010

New Home Sales Climb

Here’s a bright spot in the current real estate market, property sales have begun to rise. According to the federal government, sales of new homes climbed 6.6 percent in September, representing the second straight month of gains, but still well below the pace when the tax credit was available. On Monday, a report showed sales of existing homes also were stronger than expected, rising 10 percent, and the two reports lend support to some economists who believe housing demand hit a bottom in late summer.

There’s plenty of supply, with the government estimating supply of 8 months of unsold homes. “With little new construction going on, inventories of unsold new homes at least aren’t a problem even with sales at such a severely depressed level,” said David Greenlaw, an economist at Morgan Stanley. The median sales price rose 1.5 percent from August and 3.3 percent from Sept. 2009 to $223,800 — about 30 percent above the median price of an existing home. September’s housing market was only partly affected by a foreclosure moratorium of some leading lenders, which gathered pace in October.

Keeping “in the know” of current RE market conditions will enable you to position yourself to make aggressive and lucrative property deals!

First Time Investor Tips

Many first time real estate investors start out without the help of realtors. They put in the footwork, studying the real estate comps and hunt for the properties themselves. Today let’s take a look at working smart and effectively to reach your financial goals. I want to share with you 3 tips that you can use to locate your ideal property:

1. Get online. As search engines like Google, Yahoo, and even Craigslist has made searching information on the Internet so easy, you should get online and look for property for sale. On the Internet, there are many real estate websites with tons of property listings. In each listing, there will be details like the address, sq ft, number of rooms and pictures. Some of the listings will have selling price too. You can browse through tons of property in your chosen area online without the need to manually visit the properties first. Pick out a few that you like online and arrange appointments with the owners or agents for viewing.

2. Target foreclosure deals. Attend any foreclosure event in your local area to look for bargains and deals.

3. Read your local newspaper. Newspapers are one of the most common channels that people use to list their properties for sale. However, the only disadvantage is that there is limited space available and you will not have the luxury to view pictures of the properties beforehand. Browse through the real estate classified listings and look for potential property for sale.

Ok guys, I hope that you can benefit from these tips that I have shared with you. Use these tips to look for your ideal property now and begin investing now!

Who Owns It?

While dealing with real estate comps and property values investors find many property deals to invest in. Once the papers have been signed is when the rubber hits the road. There are many reasons why mortgages end up in default but I wanted to share two tips with you that you may want to keep in mind should you need it.

Many banks have begun the practice of foreclosing on homes that they do not own the mortgage on. Should you find yourself in this situation the first thing you need to know is who actually owns the mortgage note. Under the Helping Families Save Their Homes Act passed in 2009 borrowers can call the bank to the carpet, so to speak.. and make them prove they own the note.

Sending a letter to the servicer of the note asking who the actual holder of the mortgage is your first step. Reviewing the transfer of ownership paperwork is your next step into tracking down ownership. These will put the wheels in motion to make the servicer provide proof of ownership, while also giving the foreclosee time to possibly gather funds or explore other options while the process is going along.

In this market, even investors are needing to know how to maneuver the foreclosure process and not just for their deals but for their current portfolio also.

Property Valuation

You do not have to be an expert to realize that an accurate property valuation is extremely important. The accuracy of this valuation is determined by the property valuation methods that are used. Depending upon what the real estate comps tell you, this, at the very least determines if you can or can not buy a house. It determines how much you are willing to spend on it and it also determines if the bank will or will not lend you the money to buy it.

For property investors the property valuation methods and total appraisal are exteremly important. For a real estate investor the valuation will determine their ability to continue their investing later. Equity and the ability to leverage later is the life blood of most property investors. This is particularly the case with residential rental property investments. Equity is determined by the original price paid for the real estate and the current value of the property. Both of these are determined by the property appraisal and valuation.

Of all the property valuation methods available, the income or investment approach will be of particular interest to investors. This method uses the ratio between the cost paid for the property and the income from that property to determine whether it is an effective property investment.

Aside from gaining equity and leverage in a property, the income approach to a property appraisal ensures the investor is focusing on the all important bottom line of the investment.

RE Optimisim

More and more real estate investors are faced with real estate comps that are farther and few between, unless you are looking at REOs. Using your InvestorCompsOnline access will net you the most current comps on the market. Learning to truly research the industry as a whole will help you, as an investor, stay on top.

Many Investors were optimistic when the housing market began to boom down in Florida. Properties where popping up and selling so fast, money was made hand over foot. But then out of the blue it all stopped. Take the loss of jobs, coupled with the drop in the economy, as well as the millions of bad loans and you get the current unfortunate state of RE affairs.

Even though the real estate market is attempting to rebound, prepared investors can make the concious business decisions. Making sure you do your do diligence on the front end ensures success at the end of the deal.

Positioning yourself to take ownership of these money making opportunities is the best move you can make. Having all the facts in front of you before buying is another wise choice. Remember guys, speculation never beats good data. Get the best data available, and take the steps to turbo charge your bottom line!