 |
|
 |
Lessons Learned... Government Financing isn't Always What it Seems.
In our last article, husband and wife real
estate team, Jeremy and Sarah Cyrier, listed an apartment
complex. (The property was discovered from the daily email alerts
generated by ForeclosuresMass.) Two offers had already been made
on the apartment complex, and it looked like a third offer was on
its way. The homeowner was extremely relieved that he was going
to avoid foreclosure. Things were looking up for everyone.
That was last month. Here's what else
happened . . .
   |
ForeclosuresMass Articles are a Subscriber Benefit
|
|
 |
|
The article you're trying to view is only available to ForeclosuresMass subscribers. To login as a visitor, please enter
your email address below:
|
|
 |
Excerpts from this article
* Next 37 17 investors only!
An offer was finally accepted
...However, it is not as easy as it seems...
In the meantime, another property surfaced
... immediately called the homeowner. They agreed to meet with me...
...
We were able to make a deal
...Again, it was a "win-win" for all involved", says...
Did you like this article? You May Also Like:
 |
Interview with the Expert: Real Estate Savvy Financial Planners Can Save You Big Bucks!
Eileen Schwartz, Real Estate Investor
Let's say you want to pay off your mortgage and buy the retirement home of your dreams by selling one or two of your investment properties. What most people don't consider, explains financial planner and real estate investor Eileen Schwartz, are the tax implications of these real estate transactions. In this interview, Eileen discusses why working with a financial planner who also understands real estate (including 1031 exchanges!) can literally save you big dollars - now and in the future.
|
 |
Success Story: One Deal, $90,000...
Dominic Kirchner II, Exit Realty Center
Full-time realtor and professional investor, Dominic Kirchner II, received his Foreclosures Mass email one Friday afternoon. After reviewing the stats, he quickly downloaded the data and sent out inquiry letters to the people who had received foreclosure notices...
|
 |
Closing the Deal: Watch Out for Sale Contingencies When Selling a Property
David Camiel, Attorney
With a drop in the sheer number of buyers, foreclosure investors who intend to sell properties must pay close attention to the details of any deal. Attorney David Camiel explains what to look for - and what to look out for - before signing an offer to purchase or a purchase and sales agreement. Don't miss this information-packed article!
|
 |
Feature Article: Contacting the Homeowner
Sheila Farragher-Gemma, ForeclosuresMass, Corp.
All of your new foreclosure data has been downloaded and you're ready to contact the homeowner. Before you establish contact, there are some things you should know...
|
 |
Feature Article: Financing of Investment Properties
George Riley, Genesis Funding Resources
When it comes to the financing of investment properties, there are almost as many methods and combinations of methods as there are deals. In this month's feature article, George Riley lays out several approaches (some of which you may not have heard of), and offers insight into when and why some are better than others...
|
 |
Feature Article: Do You Have an Unlimited Liability Company?
George M. Megaloudis, Attorney at Law, Roach and Wise, LLP
A limited liability company provides protection to those investing in pre-foreclosure properties. Simply establishing such an entity however, does not necessarily protect you to the full extent. George Megaloudis explains why, and offers suggestions for making sure your company - and its related actions - are properly aligned.
|
 |
Finance Corner: A Good Fit: Real Estate in Your Investment Portfolio
Christopher P. Gullotti, MSFP
Financial planners hear comments about real estate investments frequently. Does investing in real estate truly offer financial opportunities? Many times yes, but not always for the reasons people think...
|
 |
Feature Article: Is Lease Purchase Investing For Everyone?
James A. Gage
All investing has risk, some more than others. But there is one exception to the rule - lease purchase. With a lease purchase, investors receive all the benefits of control/ownership of the property without ownership - how can you beat that scenario?
|
 |
Finance Corner: What you Need to Know When Financing a Foreclosed Property
Lisa Halpert, Loan Officer, HomeVest Mortgage Corporation
While other investment properties allow a buyer ample occasion to view the property, inspect the systems and bring in experts to assess the improvements necessary for habitation, purchasers of foreclosed properties may have little or no ability to walk through the building. In addition, when foreclosed properties are purchased at auction little time is left for reflection regarding price...
|
 |
Interview with the Expert: Finding a Mortgage Broker You Can Trust
Deborah Siegel
With the media full of stories about unscrupulous lenders pushing loans that people can't afford, you may be wondering if trustworthy mortgage brokers still exist. Rest assured- they do. In this month's Interview with the Expert, Debbie Siegel explains the difference between independent mortgage brokers and lending companies -- and the questions you should ask any potential broker or lender before deciding to do business with one.
|
|
|