June 20, 2018
Amortization Schedule, Loan Amortization and its Benefits Explained… Introduction First time home buyers are understandably overwhelmed by industry jargon commonly used in the mortgage business. One of the terms that is confusing to a lot of folks is “loan amortization” or “mortgage amortization”. So, what is loan amortization? And, why is it important to understand […]
June 13, 2018
In this blog post, I lay out step by step procedures for making a short sale. Why is it important to craft a well written hardship letter? How can you ensure that you walk away debt free after a short sale? What is the advantage of opting for a HAFA short sale? Read on as […]
June 6, 2018
Discussing Home Affordability Index and Mortgage Affordability Calculators In this blog post, I talk about mortgage affordability or housing affordability. I start off by talking about the housing affordability index. Real estate investors can gauge investing climate by studying this index. Next I provide tips for using a mortgage affordability calculator, and provide insights into […]
May 30, 2018
Have you watched “Fixer Upper”, the popular show hosted by Chip and Joanna Gaines? If yes, you must be familiar with this popular concept. Arguably one of Chip and Joanna’s profitable jobs was a 2013 Waco home purchased for $28,000. The selling price? Hold your breath – a cool $ 1 million! What is a […]
May 23, 2018
Analyzing Regional Real Estate Markets, Mortgage Affordability and HUD Foreclosures Many real estate investors are enamored by the idea of buying a foreclosure. And understandably so. On the face of it, you are being offering a killer deal in your dream location. For instance, you can buy a 3 bed-4 bath foreclosure on Eisenhower Avenue […]
May 16, 2018
Analyzing the Pros and Cons of a Deed in Lieu of Foreclosure Real estate analysts point out that foreclosure rates have been showing a downward trend since the subprime crisis. While this is correct, it is interesting to note that the number of foreclosures in 2016 were, in fact 30% higher than what they were […]
March 1, 2018
Foreclosure purchases are on the rise in the United States, with reportedly over a million occurring in recent years. For anyone interested in setting foot in the foreclosure market, there are plenty of benefits that can be obtained. One thing to note is that foreclosures are generally very complicated, and even the slightest of mistakes […]
January 13, 2018
Flipping real estate has risen in popularity because of the money that one can make during the process. However, there are many risks involved, as one can lead themselves into quite a bit of difficulty if they lack certain qualities that ensure that the house they are flipping doesn’t end up becoming a nightmare […]
January 4, 2018
Real estate wholesale marketing is something that is increasing in popularity nowadays. There are quite a few reasons why this is happening. In essence, real estate wholesaling is when a party contracts a home from a seller and then continues to market it to other interested buyers. The contract of the house is […]
December 28, 2017
Many times, when it comes to selling a home, those renovations that have been put off for a long time get done. No one wants to buy a home with a bunch of holes in the wall due to pictures being hung or the scratched up linoleum due to the family pet. With that […]