Thoughts from Diana
July represents several things for me:
Time to reach goals this year. There is still time to reach your real estate investing goals, check out the class and RECC schedule below to get moving.
Prime selling season for retail real estate. If you are in the market for a property don’t look for a retail deal right now, check out my article on Foreclosures and REO’s, for properties that should have less competition.
Time to celebrate our county. With the 4th of July on the horizon what better time to examine how the face of housing is changing in the country – check out part two of Zani’s article.
THE CHANGING FACE OF AMERICAN HOUSING – PART 2
By Zani Patasin
As discussed in the previous article, forces from the Baby Boomer and Millennial generations are colliding to create a whole new housing market. With the Millennials, the question becomes, will the Millennials ever buy homes? The answer is yes, but at a later date. Consider this, years spent in college is at an all-time high and advanced degrees are growing in commonality. Factor in that marriage is happening much older and often after living together.
THE DIFFERENCE BETWEEN A REO PROPERTY AND A FORECLOSURE PROPERTY
By Diana Hill
One of my biggest hurdles is getting new investors to understand the difference between a foreclosure that is going to auction and a REO (Real Estate Owned). First, let’s start with simple definitions. Foreclosure: A legal action that ends all ownership rights in a home when the homebuyer fails to make the mortgage payment or is otherwise in default under the terms of the mortgage. Federal Trade Commission
Tips and Reviews