Historically when a homeowner goes into foreclosure and the only resolution is the lender getting back a deed, this likely results in a deficiency between the amounts owed from the final judgment when the property is eventually sold. This “deficient” amount can be handled by the lender in two different ways. The lender can [...]
Posts Tagged ‘Mortgage Payments’
What is a 1099-c Form and How Does it Relate to a Foreclosure?
December 28th, 2009 
Admin 
Posted in Articles 
Tags: 10 Years, 1099c, Assets, Attitude, Deficiency Judgment, Deficiency Judgments, Eviction, Final Judgment, Foreclosure, Form, Form 1099, Garnishment, Irs Form, Legislation, Lenders, Mortgage Payments, Personal Residence, President Bush, Relate, Target, Taxable Income, Turnip, Two Different Ways 
No Comments »Creative Real Estate Financing Ideas for Investors
December 5th, 2009 Admin Creative Financing For InvestorsFor decades, the golden rule of property investment was 80-20, with 20 percent going toward a down payment, and the remaining 80 toward the loan. Now, there are dozens of ways to finance the purchase of a new property, whether it is for pure investment or a primary residence.One of the most [...]
Posted in Articles Tags: Creative Financing, Creative Real Estate, Finance Options, Financing Options, Golden Rule, Home Loans, Interest Rate, Lenders, Ltv, Mortgage Buyers, Mortgage Payments, New Developments, Planned Communities, Private Mortgage Insurance, Property Investment, Real Estate Financing, Second Mortgage, Taking Possession, Title Deals, Tracts No Comments »How Listening to the Guru’s Almost Got This Investor Thrown Into Jail
September 1st, 2009 Admin I thought I’d heard it all when it comes to real estate investing stories until I heard this one!I was speaking with one of my real estate investing student’s the other day and he told me a frightening story.Here it is, in his own words:“When I began investing in real estatehe was somewhat clueless! Granted, [...]