County Records Research
The Premier Source
for Foreclosure Information.
 
gray C
---

Foreclosures Basics
Buying from the Owner
Buyer REO's Raising Cash
Buying at the Trustee Sale



 
 

Swim with the Tide....

If you have not already heard... the tide of foreclosures is coming in again.   The months of delays have created a huge backlog among lenders and now that values are high and the Fed is considering pulling back on QE, there is a pressure on the lenders to take these properties to sale.   The threat of increased intereste rates is also prompting an uptick in defaults by those still stuck with adjustable paper.  So start shopping and have a plan.  Fortune favors the Bold!

Now is the Time... To Take the Road Less Traveled

If you are considering getting into Real Estate for Investment or for your own personal use...  Consider that the time is now to take the Road less Traveled.  There are thousands of potential homebuyers who are following the old school path of going through a realtor and making offers on existing listings.  You may know some of these folks or you may be among them banging your head against the wall and being told that you have to raise your offer higher and higher if you want a shot at the Brass Ring.  If you are also hearing the rumors of interest rate increases on the horizon, then you may be feeling an added sense of urgency, like the music might stop and there won't be a chair for you.  ...But what if there is another way to do this?




What if you can find properties that most realtors don't have at their fingertips because there is no listing?  What if you can make offers BEFORE the listing is published?  What if you can find those properties where the owner is teetering on the edge financially and they have no way out other than to sell the property that is dragging at them like the anchor of a great ship. And what if you can call someone for advice and get a straight answer because they know how things work and they want you to know what they know? 




County Records Research has the information on properties that are not yet listed but are all in line to get there due to the fact that the owners are not making payments.  There are a number of ways to buy these properties and often you can determine your best path by looking at the loans that are on the property and considering the situation.  Sometimes one path is better than another, and often you have several good paths to follow.  The point is that you should give yourself options that you would otherwise never have.  That is what we do here.  We teach you to give yourself options.




 

Past vs Present: How to Play the Trustee's Sales with our Trustees' Sales Bidding Service

While there is no school like the old school, there is always more than one way to do things.  The last few years have witnessed a change in the dynamics of the Trustees' Sales that has left folks practicing the old method of chasing drop bids feeling a liitle burnt out.  Frankly, there are more players today, especially with the Hedge Funds and other New Players sending bidders to auction with a minset to buy even at market price in anticipation of increasing values in the months to come.  While this does seem to be a problem for those of you who are chasing drop bids, only to be chased out by the higher bidders at the Sale, it is not a disabling factor if you alter your methods accordingly.




First of all, only one of ten drop bids is known the day of the sale.  These same properties are also subject to postponements.  In addition, the HomeOwner's Bill of Rights has caused a Host of Cancellations on properties that are still actively in Foreclosure. That is because a lender cannot keep the Notice of Sale active if they are considering a work-out or a Short Sale.  In addition, a number of cancellations have come about as reactions to Bankruptcy Filings that are taking longer to resolve than they once did.  Add to that the fact that these newer Players are adopting the old strategy of chasing drop bids and the whole thing can be overwhelming.




Don't let it be.  Master the new environment.  Learn to set traps instead of hunting.  Make educated guesses as to where the lender SHOULD set their opening bids.  Make your max bid amount slightly higher so IF YOU GUESS RIGHT YOU WIN.  Do this with as many properties as possible 5 days a week. Use our Bidding Service if you can't get to the auction every day.  You will discover that we have invented a machine for you that promises results.  But don't take our word for it.  Apply this strategy for one month and see what happens.  You will be a believer.


<< June 2013 >>
Sun Mon Tue Wed Thu Fri Sat
  1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30  

recent posts

archives

SimpleBlog 2.3 by 8pixel.net  rss feed