We are thrilled to announce the launch of ForeclosuresConn.com - our
web site devoted to the Connecticut foreclosure market!
As is the case with our Massachusetts site,
here you'll find all the information you need about new foreclosures, as they're
filed, digitally online and available for review or download with the click of a
mouse. Make sure to give it a look.
This month's edition of ForeclosuresMass Monthly focuses on getting the deal done -
whether with a homeowner, bank, contractor or other party.
We begin with the topic of how to succeed in a Connecticut foreclosure
auction. If
you're familiar with the process in Massachusetts (and are considering expanding your
investments across the state line), you'll certainly want to
read this month's
feature article, written by Hartford attorney, Gregory F. Arcaro of Brown, Paindiris
& Scott, LLP. Greg explains the circumstances under which the high bidder at a
Connecticut foreclosure auction still may not own the property, and offers practical
tips for making sure the deal closes in your favor. (Of course, keep in mind that
while going to auction is an option, a much better method is working directly with
the homeowner from the very beginning.)
Next, Eric Woolhiser, a REALTORŪ with EXIT Advantage Realty in Westford, Mass,
drills down on the topic of REOs (Real Estate Owned) properties. These bank owned
properties are often overlooked by investors. Eric shines a light on what the
opportunity is, and makes specific recommendations for maximizing your investment
return.
Our "Interview With The Expert" this month
covers the topic of negotiation, an
essential skill for any real estate investor. Richard Cohen, a negotiation coach and
consultant, spent time with us to explain why this topic is so confusing and
intimidating for so many. As both a negotiation expert and experienced real estate
investor, Richard provides a wealth of clear and real-world-tested advice on this
often misunderstood topic.
* Next 37 17 investors only!
And finally, this month Debbie Siegel's Mortgage
Minute - our monthly column in which
we explain a critical real estate investing concept - covers the topic of Adjustable
Rate Mortgages. Debbie explains the factors that go into setting the rate, as well
as the elements that may cause it to fluctuate.
Enjoy the issue, and as always, please contact us to send us your
comments.
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Jeremy B. Shapiro
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Sheila Farragher-Gemma
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Co-Founders, ForeclosuresMass.com
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