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Foreclosure investing: Free real estate tips

May 16, 2008 By Leave a Comment

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We just want to quickly remind our readers that our monthly real estate newsletter, “Investment Exchange” was just emailed out to those who have already signed up to receive it.

The May edition covers foreclosure investing riches — it was the final installment of a two-part series that went back to April 2008.

“Investment Exchange” is a FREE resource that Foreclosure.com provides its site visitors. Sign up to receive the educational real estate newsletter each month at no cost right here.

To check the May 2008 installment and all of the others click here.

Filed Under: Foreclosure News, Foreclosure Training, Foreclosure.com News

Financing real estate investments tips

May 15, 2008 By 1 Comment

Foreclosure Flipping Financing Made Easy

Get the best mortgage rates to finance foreclosure deals fast and for unreal profits with inside tips from one of the top loan officers in the nation, Ed McEnry, during this interactive 90-minute online real estate training course.

“Foreclosure Flipping Financing Made Easy” is slated for Tuesday, May 20 at 4 p.m. ET. To catch the LIVE “how to” instructional session CLICK HERE.

Ed generated more than $25 million in volume in 2007 alone, earning him the distinction of being one of the most creative minds in the real estate financing industry today. He’s going to teach you how to get the right mortgage financing in place before purchasing a foreclosure to ensure maximum financial return.

Register for this training experience now if you want to learn:

  • HUD foreclosure purchases
  • HUD renovation programs
  • Hard equity solutions
  • Conventional investor financing

Finding money to finance deals is a primary reason that most “would-be” foreclosure investors never get in on the incredible action. That’s about to change thanks to this course … no more excuses!

Foreclosure financing is readily available at low rates and you can qualify fast!

Register for “Foreclosure Flipping Financing Made Easy” now and qualify fast to lock-in foreclosure financing at amazingly low rates!!! CLICK HERE … class sizes are limited.

Webinars are LIVE educational sessions that let participants see, hear and interact with real estate experts right from their personal computer screens. In fact, Webinars are driven in part by visitor feedback and questions that are posed during the sessions. For more information and course offerings click here.

Filed Under: Foreclosure Training, Foreclosure training workshops, Foreclosure Webinar, Foreclosure Webinars, Investing, Real Estate Investing, Real Estate Loans Tips, Real Estate School, Real Estate Training, Uncategorized Tagged With: , , , , , ,

Latrell Sprewell foreclosure home goes to public auction

May 14, 2008 By 4 Comments

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Former NBA All-Star Latrell Sprewell walked away from his River Hills home in Milwaukee, Wisc., failing to appear in court recently to contest the foreclosure filing from his lender, RBS Citizens Bank, according to JSOnline.com.

Sprewell owed $320,284 on the home, which he purchased for $405,000 in 1994.

He defaulted on his mortgage because he refused to make monthly payments to RBS Citizens Bank on the loan and the lender had no choice but to repossess the property.

The report also indicates that the state filed a lawsuit against the 37-year-old in 2007 because of unpaid taxes to the tune of more than $72,000. In addition, Community Bank Group earlier this year obtained a $72,698 judgment against Sprewell.

For more on this situation, including information about the foreclosure on Sprewell’s yacht, click here.

Filed Under: Celebrity Foreclosures Tagged With: , , ,

Recession proof cities

May 13, 2008 By Leave a Comment

Recession Proof Cities

Forbes.com has the Top 10 list, which includes:

  1. Oklahoma City, Okla.
  2. San Antonio, Texas
  3. Austin, Texas
  4. San Jose, Calif.
  5. Raleigh, N.C.
  6. Salt Lake City, Utah
  7. Houston, Texas
  8. Seattle, Wash.
  9. Charlotte, N.C.
  10. Dallas-Fort Worth, Texas


To check out homes and the hottest real estate deals in these desirable areas right now click here.

Filed Under: Foreclosure Listings, Real Estate Investing Tagged With: , , ,

Michael Jackson Neverland Ranch foreclosure will not go to auction

May 12, 2008 By Leave a Comment

The Santa Barbara County, Calif., foreclosure auction that is set for this Wednesday will not include the 2,500-acre Michael Jackson mansion, according to the Los Angeles Times.

No financial details were revealed at this time; however the article mentions that an investment company called Colony Capital LLC purchased the defaulted loan. Jackson owed the lender $24.5 million, which he was either unwilling to or incapable of paying to remain the rightful homeowner.

Here’s what he had to say about the eleventh-hour development:

“… pleased with recent developments involving Neverland Ranch … that would allow me to focus on the future.”

The report indicates that Jackson “still gets to keep Neverland Ranch,” which perhaps means that he was able to strike a deal with Colony Capitol to purchase the loan on his behalf.

No one currently resides in the mansion nor is it clear what its future holds. Stay tuned for more details.

Filed Under: Celebrity Foreclosures
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