Open Source Documents-Unbelievable Resources-Find YOUR topic of Interest

If you’ve never visited http://www.Archive.org, you are missing a wonderful site.  From this site, you will find many resources that are out of copyright and you can download and use them as you wish.  You will find all the classics and some fun things as well.  Just for fun, I have the download of a book called “Little Gardens” which is a book about setting up a garden... [Read more]

FHA Loss Mitigation Options For Those With FHA Loans

Here is the latest FHA Mortgagee letter that explains what options are available for people in default with their FHA mortgage. There are options, you need to explore them if you are in danger of losing your home. FHA Loss Mitigation   Read More →

Sell Your Home Faster-Learn The Home Selling Secrets Of Successful Sellers

Here is a special report that outlines over 450 ideas on how to sell your home faster.  This report is just one of the many home buyer, home seller, and investor reports that I can make available to you.  Read this report and call me to arrange a time to see how I can help.  Download Now   Read More →

Homeowners Assistance Program-Department Of Defense

http://hap.usace.army.mil/ Look at this-From the website: The Department of Defense (DOD) is proud to offer the Homeowners Assistance Program (HAP) to eligible service members and federal civilian, including non-appropriated fund, employees. The program is authorized by law, and administered by the US Army Corps of Engineers (USACE) to assist eligible homeowners who face financial loss... [Read more]

Why Flip Houses

There are many great questions to ask when it comes to real estate investing and one of the many that you should consider if you are thinking of flipping houses for your real estate investment is: why? Why flip houses? It certainly seems as though it’s a great deal of work and it is. It isn’t an easy task to take upon your own shoulders and yet many people around the world... [Read more]

The Risks of Flipping Houses

Real estate investing is a field in which millionaires are made and lost on an almost daily basis. Most of the wealthiest investors in the world will agree that real estate is by far one of the most profitable fields in which you could invest. It also carries some of the biggest risks when it comes to investing at the same time. Real estate investments are large investments for the most... [Read more]

Risks of Real Estate Investing

All good things carry with them some degree of risk. The same holds true with real estate investing. Despite the promise of high rewards you should temper those ambitions with the reality that the risks involved are more often than not just as high as the potential rewards. For this reason you need to take every possible precaution in order to insure that you minimize your exposure to... [Read more]

Rental Ownership Woes

While real estate investing is a great line of business to get into in order to make copious piles of money there are a few things to consider before jumping into the fray. This is particularly true if you are considering going the route of a rental property owner. There are all kinds of reasons that this is a good solid investment for most that are interested in investing in the real... [Read more]

Real Estate Investing-Everything You Need To Know!

I came across this e-book and I wanted to share it with you.  I thought the information was useful, the rolodex link in the back of the book with investor resources was incredible.  I think you will enjoy it-it is a pretty light read.  If you get all fired up and want to start looking for property, just give me a call.   Read More →

Making Home Affordable

Recently the government published an update to what had come out earlier in the year.  This new report shows what is being done to help homeowners sell their home or make an arrangement with their lender.  Download the report at this link.  This should make the process of coming up with a solution that much easier, now that they have defined the guidelines better. http://www.treas.gov/press/releases/docs/05142009FactSheet-MakingHomesAffordable.pdf   Read More →

Introduction of Home Affordable Foreclosure Alternatives – Short Sale and Deed-in-Lieu of Foreclosure

This is FANTASTIC NEWS!!!  FINALLY, they are establishing minimum requirements on resolving the short sale procedural process.  Here is the link to the government news release: https://www.hmpadmin.com/portal/docs/hamp_servicer/sd0909.pdf Short Sales have been difficult to close, and these new measures are a huge step in the right direction. One major highlight: A lender must give a... [Read more]

RECENT News Release: Legal Service Plans Can Benefit Homeowners Facing Foreclosure

Pre-paid legal recently had a news release that explains how their service may benefit homeowners who are in distress and facing a foreclosure. We sell the PPD Pre-Paid Legal service plan at our website https://www.prepaidlegal.com/Multisite/Multisite?site=hub&assoc=mazzara You probably want to look at the family plans unless you are a small business. You can visit the site, watch... [Read more]

Extension And Expansion Of Home Buyer Credit-4/30/2010

A Big WOW!!  The credit has been expanded to include homeowners who have owned their home for the past 5 years. No longer do you need to be a first time buyer.  The dollar limit is $8000 for first time buyers and $6500 for move up buyers.  This GREAT news.  Combine this with 50 year lows in interest rates, and you’d be crazy not to consider making a move.  If you feel secure... [Read more]

Why Foreclosure Is Often Preferred By The Loan Servicer Instead Of Offering A Loan Modification

Have you ever wondered why a foreclosure occurs when a better solution might have been a modification?  Would you like to read the facts and figures and see how mortgages are bundled, sold and serviced?  You will soon see it is isn’t pretty, we are in the midst of a crisis, and it is likely to get worse before it gets better.  That being said, you can probably guess why-it’s... [Read more]

Home Buyer Tax Credit Information Update

It’s now official!! The tax credit has been extended and expanded. YOU NEED TO HURRY! You now have until the end of April 2010. The following summary of the credit is provided by the National Association Of Realtors. The following two documents cover the changes in the new law. Now get out there and buy a home!! NAR FAQ: Homebuyer Tax Credit Changes NAR Issue Brief: Homebuyer... [Read more]

Freddie Mac Foreclosure Prevention

Are you wondering what the government has to offer as far as resources? Here are a couple of links that will hopefully help you make the right decision. There MAY be options that will help you avoid a foreclosure. http://www.freddiemac.com/avoidforeclosure/ http://www.freddiemac.com/avoidforeclosure/stop_foreclosure.html   Read More →

Postponing a MN foreclosure-New Law

MN allows a foreclosure to be postponed, but there is a tradeoff-shortening the redemption period. This may help someone who is able to get back on their feet and catch up with the back payments. Click Here   Read More →

Minnesota Real Estate Newsletter Gives Access To Great Computer & Life Tips

I maintain a number of real estate sites, blogs, and newsletters. One newsletter that provides a number of computer tips to help you function better with a computer is http://www.REcyber.com/cybertips/r11627 The site is full of cyber space tricks and great places to visit. We have link to this site on the list of MN Real Estate links, but I wanted to highlight this particular newsletter... [Read more]

Buy A Minnesota Investment Property With Confidence

RE/MAX has put together a “how to guide” on how to buy investment property. Since knowledge is power, get the guide and brush up. It’s your money-get the information you need to become a successful Minnesota investment property investor.   Read More →

Foreclosure Secrets-Watch-Listen-Learn Webinar On Buying Foreclosures The Right Way

As a Twin Cities Realtor, I work and market homes within the area of distressed homes as well as the non distressed home marketplace. I work with a group of banks, investors and Realltors that market, sell and invest in foreclosed homes. Many people approach me to buy a foreclosure propery as either a primary residence or as an investment. I would like to make one thing perfectly clear-BUYING... [Read more]

What Would You Do If You Can’t Make Your House Payment?

This question confronts millions of people-daily. Unfortunately, people often don’t know what to do, so they do nothing, until it’s too late to consider anything other than foreclosure. When is the last time you did nothing and had your problem solved miraculously by itself? It just doesn’t happen. YOU must take action. Foreclosure MIGHT be the only option. BUT,... [Read more]

National Mortgage Default Statistics

This information takes us through Q2. What it doesn’t show is the number of option arms and other “prime” type mortgag arms that are re-setting over the next years. It starts the fall of 09 and increases through 2011. The next shoe to drop will be in larger homes with “prime” loans. The solution to the problem is steady employment and job creation. See... [Read more]

Minnesota Foreclosure Data

Here is a report on foreclosures throughout the state of MN.  This is a great report that shows foreclosure data in each of the respective counties. Click below.   Read More →

Learn the different impact between a short sale vs foreclosure

Sometimes, a short sale will be viewed more favorably during underwriting a new loan. A foreclosure will generally have a longer lasting negative affect. This short report give you some things to think about. Of course, things are always subject to change.   Read More →

Minnesota Short Sale Seller’s Guide

Do you owe more than your home is worth?   Do you need to sell your home but can’t bring the cash difference to a closing.  If you have a hardship, you may qualify for a  short sale.  Learn what happens during a short sale and see if you are a candidate.   Read More →

Minnesota Short Sale Buyer’s Guide

Are you considering buying a property that is being marketed as a short sale?  If so, why not get this guide today.  It it free and useful.  Once you understand the process, you will know what to expect.  One of the biggest problems I see in the marketplace is people not willing to get the knowledge upfront and then expecting a different outcome.  Don’t let a short sale be a... [Read more]

Find out if your home has a Freddie Mac or Fannie Mae Loan

Fannie Mae Lookup http://www.loanlookup.fanniemae.com/loanlookup Freddie Mac Loan Lookup https://www.ww3.freddiemac.com/corporate   Read More →

National Foreclosure & Homeowner Resources

The Home Affordable Refinance Program http://www.MakingHomeAffordable.gov HOPE Now http://www.HopeNow.com   Read More →

Minnesota Homeowners In Foreclosure

One of the best places to get more information is at http://www.Hocmn.org Please visit their site and download their informational PDF’s explaining the foreclosure procedure in Minnesota.   Read More →

Facing Foreclosure In MN

You need to understand all your options.  Make sure you visit http://www.hocmn.org and get the information you need.  This link is to a non profit site that has counselors that can help.   Read More →

Minnesota Foreclosure Data

Foreclosures in Minnesota:  Click Here to Read A Report Based on County Sheriff’s Sale Data   Read More →

Applying For A Mortgage Loan Modification

Many people are now facing a lot of trouble with their mortgage payments simply because of the type of loan that they signed for. Those with adjustable rate mortgages have watched their payments go up a good bit and sometimes their payments can be double the amount that they used to be. With so many people living paycheck-to-paycheck, especially in this rough economy, there is no room... [Read more]

Real Estate Owned Properties for Sale

If you have a mortgage and failed to repay the monthly payment, you are in the risk of getting a foreclosure. The lender, mainly the banks will file for Notice of Default and there is nothing you can do once the foreclosure is finalized. However, there are many ways you can avoid and stop a foreclosure from happening. You can find out more about this online or get a professional point... [Read more]

The Foreclosure Process and Alternative Options

Unfortunately there is a huge amount of foreclosure that are going on across the United States, and Minnesota is no exception. There have been many people who have ended up bailing out on a Minnesota mortgage, only to end up having their home foreclosed on. It is both difficult for mortgage companies as well as homeowners and so many foreclosures are occurring. Even though there is a redemption... [Read more]

Foreclosure Sales - A Real Estate Agent Can Help

Today you’ll find that there is a lot of money that you can make by going to foreclosure sales and purchasing them to sell again and make money. This is one great way that many investors make their money today. Although some of these properties are considered to be distressed properties, you’ll find that they are worth investing in. In fact, many investors make their money... [Read more]

Foreclosure Options: What Happens When You Can’t Make the Payment?

If you are facing a foreclosure, you will often feel as if there is just one option and it is by no means pleasant for you!  With that in mind, there is a good chance that you are feeling stressed, panicked and upset.  While foreclosure on a home that you are living is very much cause for alarm, take a moment to breathe and to really consider your options.  There are many different... [Read more]

Save Your Home From Foreclosure-WORK It Out

When you are in a place where you are facing foreclosure, you may very feel as though the world is very frightening place.  Having your home threatened and feeling as though there is nothing that you can do about is terrifying, but the truth of the matter is that there are many things that you can do.  Don’t let panic and increasingly angry calls from your lender get you down. ... [Read more]

Third Party Advocates You Need To Know If You Are Foreclosure

If you are facing foreclosure, it can often feel as though your life is falling apart around you.  The truth is that with more and more households looking at the specter of foreclosure and with the current economic climate making this a frightening reality, this may well be something that you need to consider.  The problem that many people run into when they are facing foreclosure is... [Read more]

10 Reasons why A Distressed Mortgage Situation Occurs

A number of ways exist to end up in a situation that has you facing the loss of your home. Some of these you may have control over such as overwhelming debt other reasons may be completely beyond your control such as the death of a loved one. Whatever the reason it can be easy to get into a situation where you are in default or having difficulty making payments. One of the biggest and... [Read more]

What happens When Foreclosure Occurs – The Basic Process Of Foreclosure

Foreclosure is something no one wants to face but in current economic times it is something more and more people are looking at as possibilities. More and more homes are being listed as foreclosures and more and more people are losing their homes to this financial process. There is a basic procedure that accompanies every foreclosure and while many people are facing it and have faced it... [Read more]