real estate investments in the united states

Short sales are already picking up in the distressed-property market, and the trend is expected to explode in coming weeks, when the government starts handing out cash to encourage lenders to close these deals. “Banks have ramped up short sale approvals,” said Duane Legate of House Buyer Network. “They’re hiring a lot of the people [...]

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Property flips are legal if done correctly in an open and transparent manner. Legitimate, solid sources have documented their changes recently. Wells Fargo, Bank of America and now FHA, all have acknowledged Legitimate Property Flips. Banks are finally catching up with the market and opening up their guidelines to allow more investors to revitalize the [...]

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On Saturday January 23rd and Sunday January 24th, Memphis Invest and Fortune Builders are hosting the first Buyer’s Conference and Bus Tour of the new year. It’s not every day that you have the chance to come see a wholesale operation that is selling 20-30 cash flow properties a month!  So, here is your opportunity [...]

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If short sales are becoming  or are already a big part of your business, this article from DS News is very important to you. http://www.dsnews.com/articles/treasury-releases-guidance-for-making-home-affordable-short-sales-2009-12-01 The Treasury Department has passed new gudlines that should make closing short sales much easier. Some highlights include: 1. The Treasury Dept. offering $1,000 incentive to servicers who approve a short sale. 2. [...]

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Expanded foreclosure program So many foreclosures are about to roll through the system that the Obama administration plans to expand a program aimed at helping people remain in their homes.  The goal of the announcement, expected today, is to increase the rate at which troubled home loans are converted into new loans with lower monthly [...]

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