News

  • Did underwater mortgages kill the economy? by

    The housing market, finally, is recovering. Home prices are up 8 percent over the past year. And that is providing relief to a particular set of homeowners – the underwater borrowers who owe more than their properties are worth. Over past year alone, 1.7 million homeowners have climbed out from being underwater.

  • Proving Ability to Pay, the Paperless Way by

    Like many entrepreneurs with a business idea, mine was born out of personal frustration. When I was buying a house in Athens, Georgia, I became dumbfounded by the amount of important paper documents I had to submit in order to close the deal. Having spent years creating technologies for the financial services industry, I thought we’d passed the age of photocopies and faxes. But we hadn't and I knew there had to be a better way.

  • 3 Reasons The Housing Market Recovery May Not Last by

    (CNNMoney) --The housing market has made a big comeback over the past year; home prices have surged some 8% and homebuyers can't seem to buy up properties fast enough.

  • 7 HUD-1 Statement Lines Investors Check For Accuracy by

    You have a closing scheduled for a real estate deal all lined up and the Title Company sends you (usually 24 – 48 hours ahead a time), a copy of your HUD-1 Settlement. If you are buying - it will let you know how much money you need to bring to the table and if your selling - it will show anticipated net proceeds or profits on your real estate investment. Hold the Phone. Wait right there!

  • They’re Back: Mortgage Schemes by

    (NAR) - If there was one major takeaway from the National Crime Prevention Council’s 2013 Mortgage Fraud Virtual Conference, it was this: The mortgage market, while no longer a wicked stepchild of the housing crisis, must still be carefully monitored. Though its tantrum-throwing days may be over, the $1.1 trillion government loan industry has the potential to cause serious economic damage should fraudulent mortgage activity persist unchecked.

  • Tax Deeds & Liens Investing Explained For Real Estate Investors by

    I am sure that you've been up late one night and caught an infomercial that touted that they picked up a single family home $432.00 or something ridiculously low compared to it's market value in a tax sale or via a tax lien certificate . If you are interested in investing in tax-distressed properties, you should take the time to develop learn more about the tax-distressed real estate investing niche and the different investing options out there. For example, did you know that different states are categorized as either Tax Lien States or Tax Deed states?

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