Foreclosure Myths

Foreclosure Myths
Author: Ralph R. Roberts
Publisher: John Wiley & Sons
Total Pages: 221
Release: 2008-07-23
Genre: Business & Economics
ISBN: 0470392576

Learn the whole truth about foreclosures and discover some real bargains with the myth-busting information in Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties!. Find out the truth about seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of tremendous profit potential. Understand how to find, evaluate, and buy foreclosure properties at a discount, including how you can use other people's money to finance your investments through firsthand stories from top industry professionals and handy resources like government foreclosure guidelines.

Turning Myths into Money

Turning Myths into Money
Author: H. Richard Steinhoff
Publisher: Morgan James Publishing
Total Pages: 230
Release: 2011-03-25
Genre: Business & Economics
ISBN: 1600379435

What would you do if your real estate wealth suddenly dropped 30 percent? Well, that is exactly what happened to the American homeowner in 2009-2010. Real estate in America today is a disaster! Property values have fallen dramatically, resulting in a loss of real estate wealth averaging over $70,000 per household, with a total loss nationwide of 5.5 trillion dollars. Foreclosures are on the rise, and short sales are rampant. Homeowners are in trouble, homebuyers are afraid, and they all need help. "Turning Myths into Money: An Insider’s Guide to Winning the Real Estate Game" will provide that help. This is a “one-source” text filled with insider secrets-- plus answers, tips, and real solutions to guide homeowners, homebuyers, and investors through these turbulent times. Insight is provided into the topics of agent selection, buying a house, and selling a house as well as: Short sales, Foreclosures, Investing, and Financing. The author also reveals insider secrets and tips to protect and build wealth.

The Complete Idiot's Guide to Buying Foreclosures

The Complete Idiot's Guide to Buying Foreclosures
Author: Bobbi Dempsey
Publisher: Penguin
Total Pages: 388
Release: 2008
Genre: Business & Economics
ISBN: 9781592577217

One person's loss is another person's gain. This invaluable guide explains everything readers need to know about finding and financing foreclosed and soon-to-be foreclosed residential properties with the highest potential return. Completely updated, this new edition reflects recent changes in the way banks and the government dispose of foreclosed properties, covers new laws, and advises how to steer clear of scams. * First edition sold more than 30,000 copies in a year and a half * The national residential foreclosure rate rose to from .75% to 1.16% (of all mortgages) by the end of 2006-the biggest jump in 30 years * Foreclosures are expected to continue to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans make homes unaffordable

The Complete Guide to Preventing Foreclosure on Your Home

The Complete Guide to Preventing Foreclosure on Your Home
Author: Martha Maeda
Publisher: Atlantic Publishing Company
Total Pages: 290
Release: 2010
Genre: Business & Economics
ISBN: 1601382308

This guide provides you with strategies for getting legal advice, keeping current on your mortgage payments, negotiating temporary delays in payments, restructuring loans, refinancing, filing for bankruptcy, and creating and sticking to a budget. You will learn about debt counselling and income maintenance, tax abatement, and public assistance programs. This book also provides details on the March 2010 modifications to the Home Affordable Modification Program (HAMP) and to the Federal Housing Administration (FHA) programs offered by the federal government to assist homeowners who have been affected by the economic crisis through no fault of their own. In addition, this book will show you how to decide if your property is worth saving, how to figure out how much time you have to act, how to use the courts to stop foreclosure, how to decide whether bankruptcy is your best option, and how to use your military status to prevent foreclosure. You will also learn about foreclosure rescue scams, non-judicial foreclosure, judicial foreclosure, and notice of default. Also included is an explanation of the alternatives to foreclosure, such as special forbearance, mortgage modification, partial claim, pre-foreclosure, and deed-in-lieu of foreclosure. With foreclosures on the rise, it makes sense to know how to protect your home. The guide also provides you with tips, tricks, strategies, and secrets to prevent your home s foreclosure now before it is too late.

Foreclosure Problems and Solutions

Foreclosure Problems and Solutions
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
Total Pages: 544
Release: 2008
Genre: Law
ISBN:

Mortgage Myths

Mortgage Myths
Author: Ralph R. Roberts
Publisher: John Wiley & Sons
Total Pages: 306
Release: 2008-02-13
Genre: Business & Economics
ISBN: 0470228644

In Mortgage Myths, Realtor Ralph Roberts and mortgage consultant Chip Cummings take aim at the 77 mortgage myths that prevent so many would-be homeowners and real estate investors from pursuing their dreams of homeownership. You’ll learn the difference between good and bad debt, how to make mortgage approval easier and simpler, and how to use other people’s money to leverage your investments. This is the ultimate guide to getting the great deal you deserve.

Financing Real Estate Investments For Dummies

Financing Real Estate Investments For Dummies
Author: Ralph R. Roberts
Publisher: John Wiley & Sons
Total Pages: 245
Release: 2011-02-04
Genre: Business & Economics
ISBN: 0470496975

Your practical guide to scoring cash to fuel your real estate investments Want to be a smart, successful real estate investor? This no-nonsense guide contains everything you must know to make the right choices about financing your investments from the various options available and the impact on cash flow to the tax implications and risk factors involved. You also get tried-and-true tips for surviving a down market and using current investments to finance future ones. A crash course in real estate financing understand standard terms and concepts, learn the various sources of investment capital, and gather all essential facts and figures Weigh your options decide which type of financing is best for your circumstances and incorporate it into your real estate investing plan Finance residential properties evaluate residential loan programs, navigate the loan application and processing, and handle the closing Invest in commercial properties know the different property types, choose the one that meets your investment goals, and discover unique sources for financing Tap into unconventional sources discover the pros and cons of "hard money," capitalize on seller financing, partner to share risk and equity, and invest on the cheap with no-money-down deals Open the book and find: Real-world advice on financing without tying up all your capital How to get prequalified or preapproved for a loan Questions to ask your lender upfront Ways to avoid common beginner blunders How to protect your personal assets from investment risks Bargain-hunting hints for low-cost loans Strategies for surviving a credit crunch Ten pre-closing steps you must take

Loan Modification For Dummies

Loan Modification For Dummies
Author: Ralph R. Roberts
Publisher: John Wiley & Sons
Total Pages: 316
Release: 2009-08-31
Genre: Business & Economics
ISBN: 0470501995

The crucial information you need to secure a reliable loan modification and save your home Behind on your mortgage payments? Worried about losing your home? Don't panic. Loan Modification For Dummies gives you the reliable, authoritative, easy-to-understand guidance you need to apply for and secure a loan modification that lowers your monthly house payment and keeps you in your home. This practical, plain-English guide leads you step by step through the loan modification process, from contacting your lender to applying for a loan modification, evaluating the lender's initial offer, and negotiating a modification that lowers your monthly payment while helping you catch up on any past-due amounts. You'll learn how to communicate with your bank or loan servicer, recognize and avoid loan-modification scams, and find a knowledgeable loan modification specialist, if you choose not to do it yourself. Advice on determining whether you're likely to qualify for your lender's loan modification program Guidance on preparing and submitting a loan modification application that improves your chances of success Helps you figure out a monthly payment you really can afford Tips on modifying your loan even when you owe more than your home's current market value Negotiation advice for securing the best possible terms and lowest monthly payment Resources for contacting your lender, obtaining free or affordable third-party assistance, and getting government agencies on your side Read Loan Modification For Dummies and start saving your home today.