Foreclosure University
Your Online Real Estate Investing Resource
In short, Yes! Even if a house is in probate, the bank can foreclose. Death does not release the obligation to pay the mortgage payment. Yet, for whatever reason, a lot of people who lose a family member, forget about these kinds of obligations until they realize it’s too late and lose out on property or assets that could have been theirs.
[Read more…] about House in Probate, Can the Bank Foreclose?
I have terrible credit, no credit cards and not even a bank account. Is it possible to still make money in real estate or short sales? I imagine you bring in an investment partner, right?
There are several different “chapters” of bankruptcy. Some are work-out others are wipe-out, but here is the general idea. When someone files bankruptcy it’s almost like someone builds a “bullet-proof” barrier around the house. No one can touch them! However they are not free of all responsibility and most people do not understand that.
[Read more…] about Chapter 13 vs. Chapter 7 Bankruptcy. Which Is Better When In Foreclosure?
Surplus Fund Master – Spencer Vann, reveals the dirty little secrets to claiming money for homeowners who don’t even know it’s there… Is this legal? Is this even a real thing? Are there really MILLIONS of dollars in money that goes unclaimed? Let’s jump deeper into this unique strategy and discover the truth about surplus funds…
Surplus funds is not a new concept or strategy. While it may or may not be new to you, you may also know it as Overages, Tax Sale Overage, Surplus Recovery, Tax Sale Surplus, Unclaimed Funds from Tax Sale, Mortgage Surplus … I could on and on the different names people have used to describe this strategy.
So what exactly is this strategy and how does it work…
Well if you watched the webinar, Spencer did a good job explaining how the process works.
[Read more…] about Surplus Fund Mastery Review – Spencer Vann
PB Code Review
Well I’m glad you’re here because I think once you read what I have to say, you’ll be able to make that decision one way or the other.
All I ask is that you read this PB Code review in it’s entirety because I’ve been trading options now for 6 months and it’s definitely not for everyone. I’ll talk about who this is for and who this is not for in just a minute.
Like previously mentioned, working with REO listing agents is a big deal. The best situation is to find a lock box on the door with no “For Sale” sign.
This is a good indication that the home is vacant and the listing is still pending. There is no “For Sale” sign yet because the REO listing agent doesn’t have the listing yet.
So you have a few weeks, while the property is in transition, to contact the REO listing agent, and let them know you are interested in making an offer.
Now, before you call the listing agent, you need to make sure you know what the value of the property is and what you are willing to offer.
I will go through all this later… [Read more…] about Working Directly with REO Listing Agents