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Short Sales Less Risky Than REO Sales?

Bob Massey of REWealthCoach.com stresses that it would be better for a lender to sell property through a short sale than let it become real estate owned (REO). According to him, A Clayton Holding analysis on nine loan servicing companies showed that loss severities for real estate sold through short sales are 13% lower than REO loss severities. Want to learn more about this case study? Check out Bob’s latest post now.

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REO Inventories Grow 355% Since ‘08

It seems that a bank is the perfect place to go to if you’re considering investing in foreclosed properties. Citing data from a SNL Financial report, Bob Massey of REWealthCoach.com reveals that the number of real estate owned properties (REOs) stashed by banks has grown by 355% since the start of the housing crisis in 2008. He also says that the figure is expected to increase in the coming months as there are about $78.6-billion worth of real estate assets that are set to undergo the foreclosure process.

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Foreclosures Plaguing Affluent Markets?

Even the rich and famous are suffering the brunt of the economic recession. Citing data from an MDA DataQuick study, Bob Massey of REWealthCoach.com reveals that upscale markets, particularly in the California Bay Area, are being plagued by foreclosures. According to him, more than 1000 homes worth $730,000 and above in nine counties in northern California have become bank owned in just two years. What are the possible causes of such an alarming trend? Read Bob’s latest post and find out.

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Bank Owned Homes Fewer Than Expected

If you’re considering buying bank owned homes or real estate owned (REO) properties, you should read Bob Massey’s latest entry on REWealthCoach.com. According to his post, banks and lenders are holding fewer REOs than have previously estimated. Citing data from a Barclay’s Capital study, however, Bob warns that a decline in REO inventories doesn’t necessarily mean that the housing market is no longer in trouble. Find out why he believes so by reading his post now.

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Investing In REOs: Persistence Is The Key

Among the hottest investment properties nowadays are real estate owned homes, or REOs. Some investors, however, shy away from investing in such properties because they don’t want to compete with other home buyers and deal with all the hassle of negotiating with banks and lenders. Bob Massey of REWealthCoach.com, however, believes that persistence is the key to a successful REO investing career. Find out why he believes so and discover the benefits of being a persistent REO investor.

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Foreclosures Down, Repossessions Up: What’s Happening To The Housing Market?

The housing market is sending mixed signals nowadays. Citing data from Realtytrac, Bob Massey of www.REWealthCoach.com writes that while the annual rate of foreclosure filings fell in April, the number of repossessed homes hit a record high in the same month. Find out more about this issue now.

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When Should You Use Transactional Funding?

Can you use transactional funding to pay for an earnest money deposit? Find out the answer to this question as Steph Davis sheds light on this topic on www.FlipThisWholesaler.net. In her latest video, Steph Davis explains what transactional funding is and how it is used when wholesaling bank owned homes. Learn more about this important aspect of wholesaling houses.

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Options To Get Lock Box Codes – Without A License

You don’t necessarily need to be licensed to get lock box codes for REOs. Steph Davis of FlipThisWholeSaler.net gives us several options to check the interior of a bank-owned home even if you are not represented by a buyer’s agent. Learn the tricks now!