Foreclosure.com Agent University recently issued its latest monthly newsletter, which is geared toward real estate professionals and real estate professionals only.

This month’s edition covers several important topics, including the new HAFA guidelines, which were introduced to streamline the use of short sales as a means of avoiding foreclosure.

Agents and brokers need to be prepared and make the most of this new situation because distressed real estate transactions (short sales, foreclosures, etc.) are going to account for a serious amount of business (and commissions) over the next few years.

And the new changes will go into effect in one month!

You’ll also hear from high-profile experts, Jeff Cole and Joe Martin, who will share their successful “on the ground” experiences and strategies with you to get the most out of your local market.

Our latest Certified Foreclosure Agent (CFA) and Certified Short Sale Agent (CSSA) graduates are also highlighted, as well as the myriad benefits of our industry-leading training programs provide.

So what are you waiting for? Agent University’s monthly newsletter (read it right here) is jam-packed with juicy nuggets and helpful information that can take your business to the next level. And it’s free.

Sign up to receive the newsletter today! Click here

(Note that the email newsletter sign up is located on the top-left of the page).

To rent or to own, that is the question.

In theory, buying is always better than renting because at some point you will own your house outright whereas renters are perpetually filling the pockets of others.

In reality, it can be tough to make the leap from renter to owner.

That’s because there is a lot on the line — there are several unknown factors that can and often do influence these types of decisions:

Do you have a big enough down payment? Will you qualify for a mortgage? Can you afford maintenance? For how long do you plan to hang on to the property?

The Feb. 2010 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which details everything you need to know about “Rent vs. Own.”

Our goal is to get you thinking about this important decision sooner rather than later. The housing market is still extremely buyer friendly right now — interest rates are still low, limited-time government incentives are still available until April 30, 2010 and chances are good that prices in your area have never been better.

On the flip side, buying a home or investment property is still one of the biggest decisions you will ever make. So you still need to consider all the pros and cons before jumping in head first.

So check out “Rent vs. Own” today so you can decide whether or not a home purchase or lease is in your best interests.

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.

And it’s not just because of the desert heat, according to the Wall Street Journal:

“Bargain hunters here and in many other metropolitan areas are up against a paradox. By far the biggest wave of foreclosures since the Great Depression was expected to be a bonanza for anyone with cash or the ability to get a loan. But prospective home buyers say it is increasingly difficult to find foreclosed homes at attractive prices in desirable neighborhoods. Supply is shrinking largely because of federal and state efforts to help millions of distressed homeowners avert foreclosure, which have delayed many likely foreclosures, keeping the homes off the market for now. The bargain chase is even tougher for those buying with a loan. Investors with cash have an advantage in that their offers aren’t conditional on obtaining a loan so banks often prefer selling to them than taking the risk that another offer will fall through. They are also often quick to react when bargains appear.”

We’ve said it before and we’ll say it again — the best deals often get cherry-picked as soon as they hit the market by savvy investors and/or dedicated house hunters.

Yes, there is more distressed inventory from which to choose these days, but just because a property is classified as a “foreclosure” or “short sale” doesn’t mean it’s bonafide beauty right off the bat.

Finding the best home deals in your area, and then having the ability to move in on them faster than anyone else,  often takes a little bit of homework, preparation, persistence and luck.

A great way to get started is to sign up for our FREE daily foreclosure e-mail alerts. We conveniently deliver all the best deals, depending on the property type(s) and zip code(s) that you select, directly to your inbox.

Of course, you can also search foreclosures in Las Vegas and beyond right now with the limited-time blog reader special discount on our FREE 7-Day Trial.

Hurry!

George and Cindy Anthony — the parents of accused child murderer Casey Anthony — have a past due balance of about $121,000 on their home loan, according to the Orlando Sentinel.

The Anthony’s, in fact, have reportedly not paid their Bank of America-issued mortgage since June 2009. However, the family attorney reveals that the lender has not yet contacted them about any pending foreclosure on the home, which is located at 4937 Hopespring Drive in the Chickasaw Oaks section of Orlando, Florida.

Their grand daughter, Caylee Marie Anthony, was last seen alive near the home in June 2008. And, according to the report, her body was later discovered in a nearby wooded area about six months later.

Casey, the child’s mother and the daughter of George and Cindy, has since been charged with first-degree murder and “is being held without bond at the Orange County Jail.”

Meanwhile, her parents will likely do whatever needs to be done to save their family home, which they purchased for $90,900 in 1989 (and later refinanced), from falling deeper into foreclosure.

Leonard Padilla — the California bounty hunter who helped Casey secure bail in 2008 — has offered his assistance; however, the couple is apparently not interested.