May 23, 2012

Real Estate Investing Tips For Spring 2012

Real Estate Investing Tips For Spring 2012
Believe it or not, but we’re already more than one-quarter complete with 2012. It’s high time we ask: How are those New Year’s resolutions panning out? It wouldn’t be shocking if they are dead in the water. Life kind of — and often does — get in the way of making good on dreams and… [Continue Reading]


Believe it or not, but we’re already more than one-quarter complete with 2012. It’s high time we ask: How are those New Year’s resolutions panning out?

It wouldn’t be shocking if they are dead in the water. Life kind of — and often does — get in the way of making good on dreams and goals, especially when they’re not something that comes natural like cracking into real estate investing.

However, we’re here to pass along a friendly reminder that resolutions will only stick if you keep at them. And money investing in real estate investing can only be made, well, if you make the initial investment.

The good news is there (still) has never been a better time than right now to get in the game.

Short sales and foreclosures offer opportunities every which way you turn: For buyers, it can mean mega-profits, while for homeowners, it may be a way out of dire financial situations that have been holding them back.

The April 2012 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which is loaded with all kinds of resources to get you, your credit and your distressed real estate investment career back on track.

Articles include:

Right now, there is a virtually unlimited spring of opportunity just waiting to be seized by those proactive individuals who don’t let their resolutions rest.

Seize the moment now and don’t look back!

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.



Report: Short Sales Surpass Foreclosure Sales

Report: Short Sales Surpass Foreclosure Sales
More and more lenders are apparently looking to avoid the foreclosure process, opting instead to sell the distressed assets for less than their original loan amounts. That’s the latest, at least, from Lender Processing Services Inc. (LPS), which revealed short sales accounted for nearly one-quarter (23.9 percent) of home purchases in Jan. 2012, which is… [Continue Reading]

More and more lenders are apparently looking to avoid the foreclosure process, opting instead to sell the distressed assets for less than their original loan amounts.

That’s the latest, at least, from Lender Processing Services Inc. (LPS), which revealed short sales accounted for nearly one-quarter (23.9 percent) of home purchases in Jan. 2012, which is more than the monthly foreclosure tally (19.7 percent). All told, based on these statistics, short sales and foreclosure sales accounted for more than 40 percent of all real estate purchases to start the New Year.

There are many reasons for the uptick, most notably the massive costs that lenders incur because of foreclosures, particularly at such a high volume. In fact, some lenders (Wells Fargo and JPMorgan Chase & Co.) are so eager to avoid the foreclosure process that they are offering distressed homeowners as much as $35,000 to accelerate their departures. In addition, streamlined short sale procedures have been introduced that compel loan servicers to respond to all short sale offers in 30 days or less.

So if a bank is willing to reduce the price on a desirable home, incentivize the homeowner who can no longer afford his or mortgage to relocate and get a “non-performing” asset of its books as soon as possible, it appears that everyone — all things considered — comes out a winner. Even neighborhoods, which have been scarred with the black marks of foreclosure and its deleterious effects, and in turn their collective property values, appear to benefit from short sales.

But you be the judge: Check out available short sale homes for sale in your neighborhood today at Foreclosure.com. Yes, we have short sales — along with many other distressed property listings — available on our site, many of which are 30 to 50 percent less than market value.