Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!

Monthly Archives: December 2015

The Importance of The First Impression

The Importance of The First ImpressionNo one can dispute that first impressions matter. When you are listing a property after checking the real estate comps for the area, your next move after purchase is to make sure that the property is rehabbed and ready for sale. Remember, first impressions can be key to getting your property sold quickly.

Here a few things to think of in regard to some last minute touches to get your property sold right away.

1) First, spruce up the yard. Give it that curb appeal that you would want to see if you were buying a property. The ticket to selling a property quickly is making it appealing to the eye of potential buyers. The first thing they will see is the front of the property along with the landscaping.

2) You should also make sure that the basics in the home are functional and working properly.  Making those basics (the kitchen area, the bathrooms, etc.) look esthetically pleasing will take you a long way. Take the time to make sure that the property flows nicely and is clean and ready to sell.  Many investors use furniture staging to model the possibilities of a property.

These two simple things can get a property from listed to sold before you know it. Take the time to make a small investment on the front end to have a larger payout on the other end. If you are interested in taking your real estate investment business to the next level, you should take part in our HUD program which will help you make your next steps successful ones.

What To Consider When Purchasing A HUD Property

What To Consider When Purchasing A HUD PropertyHUD properties are homes that HUD acquires because FHA-insured borrowers defaulted on their FHA mortgages. FHA insurance pays the lender the loan balance, and then transfers the title to HUD. HUD advertises these homes for sale on the HUD website. Did you know you can use real estate comps to make a profitable bid on a HUD home.

HUD foreclosures are initially offered to buyers who intend to use the properties as their primary residences. If after a certain time, when it has not sold, investors have an opportunity to purchase. In fact, you can purchase a HUD home with as little as $500 down on properties that are $50,000 or less. HUD will only cash your deposit if your offer is accepted. You will have time to obtain your financing if you do not intend to pay cash for the property.

Remember, HUD sells its properties at deep discounts way below the market value and in an “as is” condition. If you find a HUD foreclosure, you don’t need a large down payment.  Even if HUD has a property inspection report on the home, it is highly recommended that you obtain your own inspection. HUD does not make any repairs to its homes.

Take these couple of items into account when considering a HUD property, couple them with your InvestorCompsOnline support and you will become a successful investor.

What Is a HUD-1 and Can You Benefit From One?

What Is a HUD-1 and Can You Benefit From One?I’ve been asked many questions about HUD-1 forms.  A HUD-1 is a standard form you will use very often in the real estate investing business. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Using real estate comps to have proper information for your form is highly beneficial.

HUD-1 is a form used by the settlement agent (you) to itemize all incoming funds and all charges paid and accrued by a borrower and seller for a real estate transaction.  It is required that the form be issued in all real estate transactions in the US.  RESPA states that you should be given a copy of the HUD-1 at least one day prior to settlement.

Working with buyers and sellers and doing good business requires you to keep your paperwork in tact.  Be sure to check the forms for accuracy prior to your deal, to ensure success.  Many investors probably leave this up to agents or lenders, I think it is crucial to know and understand the nuts and bolts of a transaction so that you can ensure you’re not leaving money on the table.

Why You Should Use Real Estate Comps

Why You Should Use Real Estate CompsReal estate comps, also known as comparative market analysis (CMA), are an important tool when going into a real estate purchase. They basically allow you to estimate the fair market value of a home based on a number of different criteria.

As a buyer, good real estate comps can give you a general view of the market conditions for the particular neighborhood you are watching.  Knowing the fair market value will allow you to fine tune your decision when and how much you are going to make an offer.   An accurate CMA will allow you to make a bid on a home that will beat out other offers.

The basic definition of real estate comps is to compare similar properties of equal square footage, in the same neighborhood, that have sold in the last six months. To get a more detailed picture you would look at things like upgrades, lot size, and whether the property backs up to a busy street. If you are a seller, don’t be afraid to look at the competition.

There are many important things to know when going to buy or sell a property and good real estate comps are top priority. An accurate comp will help you, the buyer, come up with a profitable offer. It will also help a seller decide how much time they are willing to have their property on the market which will allow you to set the sales price accordingly.

Making A HUD Deal Your Choice

Making A HUD Deal Your ChoiceForeclosure investing is truly a business opportunity that no one should miss. Those who have successfully invested in foreclosed properties know using real estate comps help you get the best deal possible. You can never go wrong with foreclosures, and many focus only on HUD properties. Buying a property that is steeply discounted to as much as sixty percent below the current market value is what keeps investors interested.

Real estate investors that want to make deals happen quickly focus on HUD deals because a purchase and sale can be done in the same day. As the dual closing becomes a norm, more and more money is being made.  HUD deals are made more accessible given the more education you have.  I am a firm believer that you cannot have solid business practices without the proper foundation.

Your HUD education foundation coupled with a great real estate comps are dynamic tools to make your business deal profitable and plentiful.  Wishing you much success!