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Feature Article: Three Steps to Rebuilding Your Credit After Foreclosure
Stephen R. Elias, Attorney
Gone are the days when rebuilding one's credit history after going through bankruptcy or foreclosure was straightforward. With the crash of the sub-prime lending market, consumers are under intense scrutiny when applying for mortgages and credit cards, which means rebuilding credit can now take three to five years - or longer!. In his article, bankruptcy attorney and author Stephen R. Elias provides three key steps that you can pass on to your clients who need advice on how to recover from foreclosure.
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Feature Article: Don't Become Another Statistic! Choose Your ARM Program Wisely
Jeffrey Chalmers, Real Solutions LLC
If you listen to the media, ARMs have become the new "dirty word" in real estate lending. Despite the negative press, a number of ARM programs exist that won't have you turning into another foreclosure statistic. In this article, Jeffrey Chalmers explains ARM programs, the terminology you'll encounter, and how to choose the right loan for you.
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Legal Corner: Do your Homework before Investing
Suzanne Brunelle, Portnoy and Greene, PC
So, you heard you could make a financial killing or find your dream home buying property at foreclosure? That may be possible, but first you need to beware the pitfalls of the novice and, as my father always said, "Do your homework"...
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Feature Article: Talk Like a Contractor to Explode Your Rehabbing Profits
Paul Esajian
What's the number one fear that prevents investors from rehabbing properties? The potential nightmare of working with contractors! The star of A&E's popular "Flip this House," TV show, Paul Esajian gives you three steps for establishing expectations with contractors up front. Learn how to talk their language - and reap the benefits!
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Feature Article: How To Protect Yourself In A Lease Purchase Deal
James A. Gage
Lease purchasing is when a potential seller transfers control of and rents a property to a potential buyer, until the buyer exercises his or her option to purchase the property. The benefits to both seller and buyer can be significant, however there are any number of factors which can derail the deal along the way. Jim Gage offers 11 practical tips for keeping things on track to the finish line.
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ForeclosuresMass Tips: Maximizing the ForeclosuresMass Website
Jeremy B. Shapiro, ForeclosuresMass, Corp.
"There are 142 NEW Foreclosures in your counties!" Each week, a message similar to this one appears in your inbox, notifying you of all the new foreclosures that have started in your counties. With so many new foreclosures filed each week, knowing what to do with them is as critical as knowing that there are new foreclosures...
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Success Story: How a Father and Son Team Meet their Goals
Adam Scarcella
In the beginning...
Adam Scarcella, software engineer by day, real estate investor by night, stumbled across ForeclosuresMass 14 months ago. After reading, Are You Dumb Enough To Be Rich?, Adam decided that pre-foreclosures were the best way to break into the real estate business...
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Feature Article: Note Buyers Help Investors Seal the Deal
George Riley, Genesis Funding Resources
One of the common reasons investors look towards foreclosures is because foreclosed properties can be purchased for below market prices. One of the ways you can further a negotiation along is by asking the seller to "hold paper"...
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Feature Article: Four Marketing Secrets Turn Connections into Gold
Ken Lizotte, CMC
Beyond the usual blah-blah marketing advice of putting up a website, printing out a stack of business cards and designing a lavish four-color brochure, exists four powerful marketing techniques that are so little-used, they can for all practical purposes be labeled "secret." Read on as Ken Lizotte tells all...
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Interview with the Expert: The Nitty-Gritty Rehabbing Tips You Must Know
Kevin Lacasse
What's the biggest mistake real estate investors make when it comes to rehabbing properties? According to expert rehabber Kevin Lacasse, it's paying too much for a property! Read his tips for figuring out how much you should pay - and how to budget for those unexpected cost overruns.
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