Archive for February, 2010
Live! From Mesa, AZ: President Barack Obama Holds News Conference [FIRST PART - 11:12] (Bloomberg News)
Subscribe Unsubscribe vabrickhouse September 10, 2009 (more info) (less info) Want to Subscribe? Sign In or Sign Up now! Brick Smith, a Real Estate Broker, with Joyner Fine Properties in central Virginia offers his 2 best buys currently available for Bank Owned Properties in the greater Richmond VA area. A new episod… Brick Smith, a Real Estate Broker, with Joyner Fine Properties in central Virginia offers his 2 best buys currently available for Bank Owned Properties in the greater Richmond VA area. A new episode every Friday.
Welcome to How to buy a Foreclosure video series. In this video series I explain One of Five ways to buy reo’s. reo’s are Real Estate properties owned by a Lender. Why would a lender take a loss and work with you to buy a property under market value? Because lenders are not in the rental property or property owning business. If a lender has a large backlog of unsold foreclosures. Such as new homes, unfinished homes, condos or even apartments. That lender is losing money very fast. If the market is slow they can foresee big losses. This creates an opportunity to save big and buy below market value.
Even Hitler, apparently, was a sucker for easy credit.
More often than not, credit counselors on the phone with distressed homeowners were probably mortgage brokers who dealt in subprime loans. The ap’s John Mone visited one such call center in southern California’s foreclosure country. (March 5)
In less than ten minutes, learn the basics of how a trustee sale foreclosure auction works. •How to find the actual location of the auction •The three possible outcomes: postponement, cancellation, or sale •Things to watch out for, such as -Multiple auctioneers, possibly operating simultaneously -How to make sure you bid on the property youre interested in -The implications of a sale as-is •Qualifying as a bidder •A typical bidding scenario •What happens when you win
Here is a phone conversation I had today, October 6, 2009, with US Bank representative, Leann (California), regarding the foreclosure and auction, on October 21, 2009, of my home of 14 years in Colorado. I begged US Bank to work with me, and offered to pay them 00.00 today and 00.00 for the next 6 months, so that I may bring my default current, but Leann wanted 000.00 today. I did not initially advise Leann of the recording because the content of this call is not confidential; my foreclosure is public record.
screencastprofits.com - This video is part of an experimental “smart mob” project. It uses techniques covered in the Screencast Profits course from Lon Naylor at screencastprofits.com
Larry King interviews Jeremy Brandt, CEO of 1-800-cashoffer on Short Sales, foreclosures, and how home owners can save their house.