Author Archives: Steve

BUYING A FORECLOSURE

Current market conditions make it the ideal time for a small investor to purchase an  Arizona bank foreclosure. There are some rare jewels out there with a price tag between 30%-40% below market value.  However,  the average foreclosure sells for … Continue reading

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30% off foreclosures?

Realtytrac, the marketer of foreclosed properties, reported that one third of sales in the first quarter of 2010 where from foreclosed properties.  These foreclosed properties sold, on average, at 27% less than traditional homes sales. Homes taken back from borrowers, … Continue reading

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Flipping Houses – A quick start guide

Flipping a house means buying a home and selling it quickly for a profit. Flipping houses for profit is one of the most popular ways to make money from the property market, especially in this economy. If you make the … Continue reading

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FHA REO properties

Do you fall into one of the following categories? law enforcement officers teachers firefighters emergency medical technicians nonprofits local governments If so, you may be eligible to purchase FHA REO (reposed) homes through HUD in a designated revitalization area. Revitalization … Continue reading

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Quick Tips: Foreclosure properties for investors

As a real estate investor, foreclosed homes can be some of the best deals in real estate if you know where to find them. Start your search for foreclosures with these tips: Identify the type of home that suits you … Continue reading

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What’s up with the forclosure market?

It looks like there may be some signs of slowdown in the foreclosure market. According to RealtyTrac, the online marketer of foreclosed properties, the number of foreclosures fell during the first six months of 2010. There was a 5% decline … Continue reading

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Bank Owned Properties for First Time Buyers

Buying a bank owned home is a detailed process that requires extensive planning and research.  In today’s market, you have the opportunity to purchase homes at below their market price.  Even first time buyers can benefit from buying bank owned … Continue reading

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Homebuyer credit extension heads to Obama

On Wednesday,  July 12, the Senate passed a bill to extend the $8000 first time home buyer credit until September 2010. It’s expected that President Obama will sign the bill which has already been approved by the House. This bill … Continue reading

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Make Building Improvements

There are four (4) ways you can create value for your real estate investment: 1. Raising Occupancy 2. Raising Rental Rates 3. Reduce Operating Expenses 4. Make Building Improvements There is no better time than right now to update your … Continue reading

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Reduce Operating Expenses

This blog relates to the third step in adding value to your investment or “Reducing Operating Expenses”. The four (4) ways you can create value for your real estate investment are: 1. Raising Occupancy 2. Raising Rental Rates 3. Reduce … Continue reading

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