I live in Texas and have been wanting to get into real estate. I have met people who rent homes out and make tons of money. We have a lot of natural gas workers in the area and they pay top dollar to rent homes. Anyways, how does one get into this? Do I need schooling? Any info would help, thanks!!!
You do not need a license if you plan to buy and rent out property that you own.
If you plan to manage rentals that you do not own you need a Real Estate Brokers (not agent) license.
Justin Lee from SaveMeFromForeclosure.com gives Darrell Kucan with Kucan & Clark Partners, LLC, a San Diego Foreclosure Prevention Company, a great recomendation. We Stop Foreclosure Now. Avoid Foreclosure by visiting www.problemsolved.us. If we can’t help you avoid foreclosure and keep you house, we will buy it before the foreclosure happens, even if you owe more than it’s worth. Any house, any location, any situation. You Have Options.
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I’m looking for a job in the Real Estate field and I keep coming across Loan Modification Representative listings, but they don’t seem to describe the position. Does anyone know the job description?
Loan modifications are the latest real estate scam. Banks hire underwriters who can handle loan modifications and refinancing. Considering it is pretty much a made up title with no details I would stay far away from that one.
Many scam companies write now are popping up offering mortgage holders assistance with negotiating a new or existing bank loan. They take an up front fee of a few thousand dollars then tell the customer sorry we could not help you. The customer should just call the bank themselves. Basically, it is one expensive phone call. They employ people in call centers to collect the fee and talk someone into the trap.
I don’t want to be hounded by people wanting me to sign up for their foreclosure listings. I am not a real estate agent. Am interested in SW New Mexico, SE Arizona, NE Arizona mostly.
If you want to find the best foreclosure listings in your area, check out this site
http://foreclosure-listings-national.com/
Here you’ll find thousands of exclusive listings for homes being offered for sale at reduced prices
http://www.stopforeclosure-help.info
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Stop foreclosure help is at hand. It’s likely that you’re a few payments behind on your mortgage and if the lender hasn’t already called then you are expecting a potential foreclosure notice to arrive at any time. If you are able to still keep paying the mortgage, or a major part of it then you may be able to avoid foreclosure altogether and save your home. There are some short term tactics that you can employ to keep the wolves from the door initially but remember this will differ from State to State. Firstly though, you need to be honest and open about the problem to the loan company. Don’t expect kind words and sympathy – in fact don’t expect any communication, unfortunately you are a statistic until this is sorted out but you will find taking this initial approach while you get professional help will delay and possibly help stop foreclosure. An often used and sometimes successful delaying tactic is to get your lender to provide the loan note. This is a notice stating how much you owe and is based on the original loan note (ironically up to 30% of loan notes aren’t filed right!) so this means that you can buy time until a potential fix can be put in place – be aware that it will require legal proceedings but at least it’s an option. Getting help with foreclosure looming is extremely important and you will need to recognize that the best help is professional help- you will not be able to do this on your own! Mortgage foreclosure help can also come in the form of a loan modification. If you can still afford to pay your mortgage professionals can assist in properly negotiating and creating a workout plan that will help stop foreclosure. This is why is best to get stop foreclosure help as early as possible and it is more than likely that some form of loan modification to help stop foreclosure.
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I live in Gainesville, FL, and I’m having trouble finding a website that has foreclosure listings for sale. I want the actual street addresses so I can go look at them and not just a pay site with blanks.
If you want to find the best foreclosure listings in your area, check out this site
http://foreclosure-listings-national.com/
Here you’ll find thousands of exclusive listings for homes being offered for sale at reduced prices
After the S&L credit crisis in the late ’80’s, banks had REO departments that dealt directly with buyers. It was huge to have a friend or family member working in a bank’s REO dept because the bank was only looking to cover the principal balance on bad mortgages. The cliche banks used then was that we do not want to own RE, we only finance RE.
The banks learned from that mistake of leaving so much money on the table. Now, they use realtors as a buffer between buyers and themselves and if they are lucky enough to find a buyer willing to pay more than the mortgage number, they pay the foreclosed owner the difference. I was recently in Naples, FL and went to a foreclosure open house where the agent had a stack of 1500 listings for bank-owned properties. Figuring I’d cut out the middleman, I called banks directly to speak with anyone responsible for REO’s. Every time I was directed to a realtor.
Go to one foreclosure open house and tell the realtor you’re looking to buy foreclosed. I’d almost guarantee the realtor will show you more listings than you could visit on a Sunday. The process, even with a realtor, to buy a foreclosure can be extremely frustrating. Most times the realtor knows just as much about where you stand as you do.
http://www.nytimes.com/2010/04/15/business/15mortgages.html
The Treasury Department said it could not explain the growing number of what it called cancellations, almost all of which were apparently prompted by the borrower’s being unable to make the new payment.
Did ANYONE expect it to work??? They couldn’t afford the house before they got the bailout and they damn sure couldn’t afford it after either! No money, no house, that simple!
I have been involved in the short sale process for about a year and a half now. The house has been on the market for almost a year and has no takers. Is it an option to now try to save the house and possibly use it as a rental property. Also will a loan modification lower the mortgage payment?
Home Loans
Check the site thoroughly. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://best-online-loans.info/homeloans.html
I need to find some foreclosure listings in Lincoln City, Oregon without having to put any type of credit card number online.
If you want to find the best foreclosure listings in your area, check out this site
http://foreclosure-listings-national.com/
Here you’ll find thousands of exclusive listings for homes being offered for sale at reduced prices
