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Short Sale Investing Booming In San Diego, California?

If you’re going to invest in San Diego’s real estate market, what do you think is the best investing strategy that you should use? According to Tom Tarrant of TomTarrant.com, it should be short sales. In his latest post, Tom reveals that one in six distressed homeowners in the Californian city is opting for a strategic default. This presents a huge opportunity for short sale investors as there are lots of property owners who are looking for speedy solutions for their problems. Read the rest of Tom’s post to learn more.

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This Real Estate Market Is What Investors Are Looking For

If you want to invest in real estate, now is a good time to do so. According to Susan Lassiter-Lyons of TheInvestorInsights.com, buying investment properties from today’s market brings tons of benefits for real estate investors. Recent data have shown that home prices have declined in the fourth quarter of 2010 and more households have underwater mortgage. These means investors will have more opportunities to obtain affordable investment properties. Read the rest of Susan’s post to learn more.

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Short Sale Investors To Benefit From Foreclosure Paperwork Fiasco?

Although the whole foreclosure paperwork fiasco has slowed down the recovery of the housing market, Phil Pustejovsky of ShortSaleTeaching.com believes that the whole debacle has provided real estate investors with great opportunities to generate income. Investors, particularly those who specializes in short sale and loan modification deals, are in a better position to find money-making opportunities as more pre-foreclosure deals are “sitting in limbo,” he says. Find out how you can get ahead of the pack amid the whole paperwork debacle by checking out Phil’s article now.

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January Foreclosure Activity Slows Down

Foreclosure activities slowed down in January from a year ago as the number of households that receive default notices fell during the same period. According to Bob Massey of REWealthCoach.com, RealtyTrac statistics have shown that although foreclosure filings climbed by 1% from December 2010 to January, they declined by 17% from last year. He adds that only 75,178 homeowners received default notices last month. The figure was said to be the smallest since July 2007. Read the rest of Bob’s article to learn more.

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Securing Profitable Properties – A Beginner’s Guide To Attending Foreclosure Auctions

If you’re new to the real estate investing game and are interested in making money from foreclosed properties, Trevor of TheREIBrain.com has valuable information that you should see. In his latest post, he discusses what every real estate investor should know about buying repossessed homes as he “demystifies” the foreclosure auction process. What are the things you need to remember when obtaining investment properties from an auction? Check out Trevor’s newest blog entry to find out.

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The Best Places To Buy Multifamily REO Homes Exposed

Considering investing in multifamily bank owned homes? If you are, you might want to check out Susan Lassiter-Lyons’ latest post on TheInvestorInsights.com. In her newest blog entry, she provides nifty hints and tips on where to find multifamily reo buildings. She also explains when is the best time to check out HUD’s website for repossessed multifamily homes. Take a look at her post and discover valuable pointers on investing in REOs.

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“Improper” Foreclosure NOD Filings Exposed

It looks like the highly controversial “robo-signing” scandal is far from over. Citing an article from the “American Banker,” Bob Massey of REWealthCoach.com reveals that some Notice of Default (NOD) filings in several non-judicial states have been “improper.” According to him, the article reported that several bank employees signed NODs without even verifying if there was indeed a default. Check out Bob’s post to learn more about this story.

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Investors Unhappy With Sluggish Short Sale Process

Apparently, one of the reasons why some real estate investors don’t want to invest in short sale deals is because of “non-responsive” banks. According to Bob Massey of REWealthCoach.com, a Short Sale Daily survey showed that 44.7% of investors consider bank lag issues as the biggest road block when investing in short sales. Bank inflexibility was in second place with 42.1%, followed by taking the deal from approval to closing and banks’ reluctance to accept short sales. Although it is a generally accepted fact that these financial institutions would want to get rid of their non-performing assets, Bob says that banks are acting quite the opposite. Read the rest of his post to learn more.

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New HAFA Short Sale Rules To Take Effect In February

The government is set to implement new rules regarding the Home Affordable Foreclosure Alternatives program or HAFA. According to Bob Massey of REWealthCoach.com, the move came after the California Association of Realtors complained that most lenders don’t respond immediately to short sale offers. As part of the changes in the rules, responses to any HAFA short sale request should be made within 30 days. Read the rest of Bob’s post to learn more.

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Investing In REOS: How To Get Banks To Accept Your Offer In A Flash

If you’re having a hard time getting your offers on REOs accepted, Mike Jacka has valuable information that you might find very useful. In his latest post on MikeJacka.com, he shares some tips that will end your frustrations whenever you’re making an offer to buy bank owned homes. Check out Mike’s newest blog entry and discover how you can improve the odds of getting your offers accepted.

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51% Of U.S. Foreclosures Come From 5 States

Did you know that a bulk of foreclosures in the U.S. came from only five states? Citing data from Canadian rating service DBRS, Bob Massey of REWealthCoach.com reveals that 51% of U.S. foreclosures in 2010 occurred in Arizona, California, Florida, Illinois, and Michigan. He says about 1.5 million properties were repossessed in these states last year. Read on to learn more.

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Foreclosure Inventory Almost 8 Times Bigger Than Historic Average

It seems that it would take a long time before we see a decline in the number of distressed properties. Citing data from Lender Processing Services, Bob Massey of REWealthCoach.com reveals that the U.S. inventory of foreclosed properties is 7.7 times higher than the historic average. Recent reports also showed that the number of distressed properties have increased over the last five months. Read on to learn more.

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1 Million Homes Repossessed In 2010

With all the challenges that the housing market and the economy have faced this past year, it may not come as a surprise for some that at least 1 million families have lost their homes in 2010. According to Cory Boatright of ShortSaleFundamentals.com, 1,050,500 residential properties were repossessed last year, up by 14% from 2009. The increase was said to be the biggest since the government started keeping records. But despite of the negative impact of 2010’s foreclosure explosion, Cory believes that this presents a perfect opportunity for investors, particularly those who invest in short sales, to get back in the game. Why does he believe so? Read the rest of his post to find out.