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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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Attention Investors! Stay Away From These 3 Short Sale Traps

As you may know, there are seven deadly sins that church leaders are telling us to avoid. In the real estate investing business, however, there are only three deadly sins that you must stay away from, according to Cory Boatright. In his latest post on ShortSaleFundamentals.com, Cory reveals the three real estate traps that every short sale investor should avoid if they want to make it big in this business. Find out what these deadly “short sale sins” are by checking out his post now.

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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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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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Rehabbing Homes: Why Everything Doesn’t Go According To Plan At Times

While it is true that planning and doing your homework can help ensure your success in the real estate business, there are times that you can’t exactly predict what will happen to your investments. In his latest post, Steve of BuildBankRoll.com talks about a similar experience. According to him, they have recently made decent profits from a nice property. However, selling the fix and flip project wasn’t exactly that easy because despite the property being a potential profit magnet, they had a hard time finding buyers for it. Read the rest of Steve’s story by checking out his newest blog entry now.

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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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[VIDEO] A Day In The Life Of A Short Sale Investor

Watch and learn how a short sale investor does his daily business as Justin McClelland of JustinMcClelland.com gives us a peek into his daily real estate activities. In his latest post, he uploads a video of him talking to a real estate agent about a property on a short sale listing. Check out Justin’s post to watch the video.

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Foresight – A Vital Ingredient Of Short Sale Success

In the second part of his “Short Sale Resolution” series, Cory Boatright of ShortSaleFundamentals.com is encouraging investors to be more proactive this year. After looking for real estate opportunities in your neighborhood or city, the next thing you need to do is to do something about what you’ve seen, he says. As you may know, taking the chance and having foresight are some of the keys to becoming a successful short sale investor. Read the rest of Cory’s post to learn more.

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Valuable Short Sale Lessons That Real Estate Investors Should Learn

As you may know, the life of a real estate investor is not always a bed of roses. There are times that you may feel that you want to quit because of the challenges that come your way. In his newest blog entry, Justin McClelland of Justin McClelland.com talks about his bad experience with a seller who refused to sell his properties even if the latter have already signed a letter expressing his consent. Although Justin admits that he really felt about the deal, he says that he learned a lot of valuable lessons from this experience. Check out his post to learn more about his story.

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Recognizing A “Need” – Your 1st Step Towards Becoming An Efficient Short Sale Investor

A few days ago, Cory Boatright of ShortSaleFundamentals.com talked about the importance of setting “short sale resolutions” to help invigorate your short sale investing business this year. In his latest post, he says your first resolution is to look around in your neighborhood and “recognize a need.” According to him, this will enable you to find opportunities to generate income in your own backyard. Check out Cory’s post to read the rest of his article.

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Short Sales – A Big Hit In 2011?

If you’re considering investing in short sales, 2011 may be a good year to jump start your real estate investing career. Citing data from Fitch Ratings, Bob Massey of REWealthCoach.com says that the number of short sales is likely to increase this year. According to him, a 5% to 10% growth is expected in 2011 as more lenders are recognizing the “economic advantage” of agreeing to a short sale over having to foreclose on a property. Check out Bob’s post to read the rest of the article.

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What’s Your “Short Sale Resolution?”

Have you started making a New Year’s resolution? If you haven’t, you should start working on your real estate investing plans and “short sale resolutions” for the year because according to Cory Boatright of ShortSaleFundamentals.com, it can boost your productivity for 2011. Check out Cory’s post and discover how you can start the new year right.