We hope that 2010 was chock full of happiness, health and the start of a prosperous real estate investment career.

Now it’s time to decide if you want to relax and enjoy your success or take your business up a notch in the New Year and beyond.

The December 2010 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which focuses on helping you assess you situation, as well as the bevvy of fantastic investment opportunities hiding right in your backyard.

It has literally never been easier to take advantage of the world’s simplest business principle of buying low and selling high.

Grab the last great buys of 2010 and start hunting down the deals for 2011. Hang onto those properties until the next market upswing and you’ll be looking forward to some tidy profits to fatten your bank account.

To learn everything you need to know about “Repeat or Relax” click here.

You’ve gotten the ball rolling, so keep it rolling. Let’s finish the year off with a bang and start 2011 off with a KA-BLAM!

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

Buying Fannie Mae-owned homes just got easier.

The largest mortgage buyer/backer in the nation recently rolled out HomePath Online Offers, which gives real estate agents the power to submit bids on behalf of clients who are interested in buying foreclosed — also known as Real Estate-Owned (REO) — homes.

Buyers/investors in Orlando, Fla., San Diego, Calif., and Detroit, Mich., will be the first to test out the new program.

Jim Tiegen, Vice President of Fannie Mae’s REO regional offices, had this to say to DSNews.com about the innovation:

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Distressed property is often an amazing investment, but before you can enjoy the fruits of your labor, you’ve got to close the deal.

Getting everything all wrapped up is often trickier with foreclosures and short sales than with more conventional real estate transactions. It takes time to get the inspections and approvals necessary to be able to purchase a property for less than it’s actually worth.

Here’s the good news: With a little planning and advanced preparation, you can get to the finish line that much more quickly.

The October 2010 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which is focused on getting you up to speed on closing your real estate deals smoothly and on time.

To learn everything you need to know about “Close the deal” click here.

It’s the last hurdle between you and your great deal, so make sure you give this important step all the attention it merits.

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

This house, located at 1819 Herbert Street in Lansing, according to BusinessLansing.com:

See what $25 will get you after the jump:

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Michael Murphy at MarketWatch.com lays out the compelling, and concise, case (bullets have been shortened):

1. Desperate sellers. Not the homeowners, of course. It’s the banks that financed the mortgages that are desperate…. That gives the few buyers out there big leverage.
2. Little competition. … those investors willing to be patient and do the work will reap big rewards down the road.
3. Low financing rates. … getting 4-to-1 to 32-to-1 leverage at a low fixed rate of interest is like having someone give you money … rates for 30-year fixed mortgages are an incredible 4.5%. That’s the lowest in 39 years….

To drive his point home, Murphy correctly points out that the real estate summer sales season is almost over. Most house hunters prefer to get settled before school starts and certainly before the holiday season begins to heat up.

Indeed, the time between Labor Day (Sept. 6, 2010) and New Year’s Day (Jan. 1, 2011) is the perfect time to “seriously consider making a low-ball bid on a distressed situation.”

Get a headstart today with a seven-day trial to search Foreclosure.com for the best deals in you’re area — it’s FREE! Click here.