Leveraging Non Traditional Real Estate Investing In Todays Market
The skills and benefits of negotiation and compromise seem to have been forgotten in the 21st century, and that’s a shame. These are exactly the skills that could be used to solve many of our collective present day economic problems, and this broad statement can be applied to a number of fields, the hard-hit real [...] Read more »
According to Freddie Mac’s Primary Mortgage Market Survey, due to yet another disappointing report from the March employment report, mortgage rates are now at the lowest point that they have ever been. This is following three consecutive weeks where the mortgage rates have fallen for both the 15-year fixed-rate and the 30-year fixed rate. You [...] Read more »
Thanks to settlements by the nation’s five largest banks, the foreclosure process is about to get much quicker due to the fact that the robo signing scandal is now settled to the tune of $26 billion. Now, lenders will take their fingers off the pause button again and foreclosures will proceed at a much quicker pace. [...] Read more »
Ellie Mae has initiated a new monthly report detailing the state of the mortgage origination market. Ellie Mae is a company which focuses on providing a mortgage origination network and software to those in the industry. The report is designed to review and compare data collected from loan applications stored in their database. They [...] Read more »
When beginning real estate investors do not have a lot of money to use in order to purchase real estate properties, there are a number of creative real estate investing strategies that they can use. One option is subject to financing agreements, where the purchaser agrees to assume the current mortgage payments in exchange for [...] Read more »
If you would like to buy a property but don’t have a lot of money to put down, have suspect credit, or are self employed, and don’t know if you would qualify for a home loan with a low mortgage rate, there are some creative real estate investing strategies that you can take advantage of [...] Read more »
As per the weekly survey of rates done by Freddie Mac for conventional mortgages, the mortgage rates are gripping near record lows with 30-year fixed-rate mortgage averaging for 3.95% for the week. The customers are supposed to pay attention to the increase in mortgage rates because this can be symbol of high increase in government-backed [...] Read more »
According to the National Association of Realtors (NAR), the Housing Affordability Index rose to a record high 206.1 in January, marking the highest housing affordability index level since record keeping began in 1970. The Housing Affordability Index measures the relationship between median home price, median family income and average mortgage interest rate. The higher the index, [...] Read more »
Ever wonder how the REI Maverick Phill Grove analyzes a real estate transaction? As luck would have it, Phill Grove happened to bring along his camera at a recent walk through for a house he just purchased using the Assignment of Mortgage Payments System strategy. Here is the financial details of this real estate transaction for this [...] Read more »
If you are in danger of an upcoming foreclosure and you’re looking for another way out, knowing what an owner financing contract is absolutely essential. Here we’ll explain exactly what an owner financing contract entails, how you go about getting one, and what the risks are when using an owner financing contract. Owner Financing Contract [...] Read more »
