Tuesday
Making Money This Month In Real Estate
What's the Bradley program all about ?
The "No Nonsense" straight to the point method to purchase your own house or investment property with little money down.
Is it true that you can buy a home without credit?
Wouldn't it be great if you could put very little money down on your first dream home or investment property, and secure it without a credit check?
How about $1-10 down - in the next 30-60 days?
The fantastic Bradley Program is all that and much much more..
Here's in a nutshell what the Bradley Program can help you in :
- How to find and secure a home for $1-10 down, without a credit check! Then
remarket the home to make thousands of dollars in profits
- Create continual and dependable upfront cash flow
- Eliminate “Bank Qualifying”
- How to Secure Good Homes in Good Areas
- How to interview the homeowner and know within five minutes if you have a potential deal, using Power Phone Scripts.
- How to secure a home for 30% below market value using somebody else's money, then re-market the home for immediate up-front profits in the tens of thousands.
- How to also market your $1-10 down homes on a shoestring budget and receive $5,000- 10,000 up-front, and additional $300-500 monthly recurring profits for every deal you make.
- How to pay full price for a home and then immediately turn around and generate profits of thousands of dollars and even a nice monthly cash flow on a property that has no equity in it!
For more information visit the site and listen to the introduction from TC & Vickie Bradley. There are many who claim they have benefited a lot from this one.. and YOU could very well be their next success story.
The "No Nonsense" straight to the point method to purchase your own house or investment property with little money down.
Is it true that you can buy a home without credit?
Wouldn't it be great if you could put very little money down on your first dream home or investment property, and secure it without a credit check?
How about $1-10 down - in the next 30-60 days?
The fantastic Bradley Program is all that and much much more..
Here's in a nutshell what the Bradley Program can help you in :
- How to find and secure a home for $1-10 down, without a credit check! Then
remarket the home to make thousands of dollars in profits
- Create continual and dependable upfront cash flow
- Eliminate “Bank Qualifying”
- How to Secure Good Homes in Good Areas
- How to interview the homeowner and know within five minutes if you have a potential deal, using Power Phone Scripts.
- How to secure a home for 30% below market value using somebody else's money, then re-market the home for immediate up-front profits in the tens of thousands.
- How to also market your $1-10 down homes on a shoestring budget and receive $5,000- 10,000 up-front, and additional $300-500 monthly recurring profits for every deal you make.
- How to pay full price for a home and then immediately turn around and generate profits of thousands of dollars and even a nice monthly cash flow on a property that has no equity in it!
For more information visit the site and listen to the introduction from TC & Vickie Bradley. There are many who claim they have benefited a lot from this one.. and YOU could very well be their next success story.
Monday
Refinance Again! Is it prudent ?
by Craig Romero
Many homeowners are under the mistaken impression that if they have already refinanced their home, that's it, they cannot do it again.
Wrong. Many people can, and do, refinance their homes a second time, sometimes more.
There is a definite increase in the trend of refinancing more than once among homeowners today. It only makes sense that if something saved you money once and can save you money again, you should take advantage of it; and homeowners across the nation seem to be catching on.
More and more people find themselves refinancing a second time. Some homeowners are even refinancing within a few short months of their first refinance process.
When should you refinance a second time? It’s a personal choice and depends on a number of factors, but a safe rule of thumb to follow is to refinance when you can save one to two percent, or more off your current mortgage rate by doing so.
It’s also important to note that when you refinance a second time, you will be able to deduct the points of the entire current loan off of your taxes.
When you're paying the loan off monthly over a period of years, the deductions for points must be taken gradually as well. By refinancing a second time, you get to deduct the points all at once.
The best way to make refinancing a second time affordable to you is to seek out no-cost refinancing options. By doing this, the only costs you will usually incur up front are the appraisal costs, and if you can use the appraisal from the first refinancing, you will save even more money.
The tax savings may even be enough to pay for the costs involved with the refinance. Of course you should consult with a tax advisor to determine exactly how these rules can benefit you.
So when does refinancing a second time not make sense? When there is a prepayment penalty, especially if you have already paid a prepayment penalty with the first refinance. Before refinancing, it is very important for homeowners to check if there is a prepayment penalty policy with their existing mortgage.
In today’s economy it is so important for consumers to save money and tighten the belt in any way they can, and if that means refinancing a second time, they should go for it.
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Written by Craig Romero
Craig Romero is an author and mortgage analyst dedicated to helping homeowners maximize the investment in their homes.
If you need help you can visit www.wisemortgageinfo.com
Many homeowners are under the mistaken impression that if they have already refinanced their home, that's it, they cannot do it again.
Wrong. Many people can, and do, refinance their homes a second time, sometimes more.
There is a definite increase in the trend of refinancing more than once among homeowners today. It only makes sense that if something saved you money once and can save you money again, you should take advantage of it; and homeowners across the nation seem to be catching on.
More and more people find themselves refinancing a second time. Some homeowners are even refinancing within a few short months of their first refinance process.
When should you refinance a second time? It’s a personal choice and depends on a number of factors, but a safe rule of thumb to follow is to refinance when you can save one to two percent, or more off your current mortgage rate by doing so.
It’s also important to note that when you refinance a second time, you will be able to deduct the points of the entire current loan off of your taxes.
When you're paying the loan off monthly over a period of years, the deductions for points must be taken gradually as well. By refinancing a second time, you get to deduct the points all at once.
The best way to make refinancing a second time affordable to you is to seek out no-cost refinancing options. By doing this, the only costs you will usually incur up front are the appraisal costs, and if you can use the appraisal from the first refinancing, you will save even more money.
The tax savings may even be enough to pay for the costs involved with the refinance. Of course you should consult with a tax advisor to determine exactly how these rules can benefit you.
So when does refinancing a second time not make sense? When there is a prepayment penalty, especially if you have already paid a prepayment penalty with the first refinance. Before refinancing, it is very important for homeowners to check if there is a prepayment penalty policy with their existing mortgage.
In today’s economy it is so important for consumers to save money and tighten the belt in any way they can, and if that means refinancing a second time, they should go for it.
--------------------------------------------------------------------------------------------------
Written by Craig Romero
Craig Romero is an author and mortgage analyst dedicated to helping homeowners maximize the investment in their homes.
If you need help you can visit www.wisemortgageinfo.com
Thursday
How to make money with foreclosures
Matt Landry is a Licensed Real Estate Broker/Owner Federal Homes, New York
His work on "How to make real money buying foreclosures properties" is available for download here
His work on "How to make real money buying foreclosures properties" is available for download here
Real Estate Resources
Real Estate Investing
No Money Down Resources
Real Estate with No Credit Resources
Real Estate Training Course Resources
Real Estate Foreclosure Resources
No Money Down Resources
Real Estate with No Credit Resources
Real Estate Training Course Resources
Real Estate Foreclosure Resources
Buying A Home - Important Tips
Buying A Home - Important Tips
1. Don't buy if you can't stay put.
If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the costs of buying and selling a home, you may end up losing money if you sell any sooner.
2. Start by shoring up your credit.
Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start househunting, get copies of your credit report. Make sure the facts are correct. Fix any problems you discover. If you need help click here
3. Aim for a home you can really afford.
The rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you'll do better to use one of the Internet's many calculators to get a better handle on your income, debts, and expenses and how those affect what you can afford.
4. Don't worry if you can't put down the usual 20 percent.
There are a variety of public and private lenders who, if you qualify, offer low-interest mortgages that require a down payment as small as 3 percent of the purchase price.
5. Buy in a district with good schools.
This advice applies even if you don't have school-age children. Reason: When it comes time to sell, you'll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.
6. Get professional help.
Even though the Internet gives buyers unprecedented access to home listings, it's still a good idea to use an agent. Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process. If you need help click here.
7. Choose carefully between points and rate.
When picking a mortgage, you usually have the option of paying additional points -- a portion of the interest that you pay at closing -- in exchange for a lower interest rate. If you stay in the house for a long time -- say five to seven years or more -- it's usually a better deal to take the points. The lower interest rate will save you more in the long run.
8. When househunting, bring your camera.
Or at least a notebook to jot down reminders, since after you look at a half-dozen or so houses the details begin to blur in your mind. The best choice would either be an electronic camera that lets you take notes right on the image, or a Polaroid so that you can scribble comments in the margins.
9. Do your homework before bidding.
Your opening bid should be based on the sales trend of similar homes in the neighborhood. So before making it, consider sales of similar homes in the last three months. If homes have recently sold at 5 percent less than the asking price, you should make a bid that's about eight to 10 percent lower than what the seller is asking.
10. Hire a home inspector.
Sure, your lender will require a home appraisal anyway. But that's just the bank's way of determining whether the house is worth the price you've agreed to pay. Separately, you should hire your own home inspector, preferably an engineer with experience in doing home surveys in the area where you are buying. His or her job will be to point out potential problems that could require costly repairs down the road.
1. Don't buy if you can't stay put.
If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the costs of buying and selling a home, you may end up losing money if you sell any sooner.
2. Start by shoring up your credit.
Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start househunting, get copies of your credit report. Make sure the facts are correct. Fix any problems you discover. If you need help click here
3. Aim for a home you can really afford.
The rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you'll do better to use one of the Internet's many calculators to get a better handle on your income, debts, and expenses and how those affect what you can afford.
4. Don't worry if you can't put down the usual 20 percent.
There are a variety of public and private lenders who, if you qualify, offer low-interest mortgages that require a down payment as small as 3 percent of the purchase price.
5. Buy in a district with good schools.
This advice applies even if you don't have school-age children. Reason: When it comes time to sell, you'll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.
6. Get professional help.
Even though the Internet gives buyers unprecedented access to home listings, it's still a good idea to use an agent. Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process. If you need help click here.
7. Choose carefully between points and rate.
When picking a mortgage, you usually have the option of paying additional points -- a portion of the interest that you pay at closing -- in exchange for a lower interest rate. If you stay in the house for a long time -- say five to seven years or more -- it's usually a better deal to take the points. The lower interest rate will save you more in the long run.
8. When househunting, bring your camera.
Or at least a notebook to jot down reminders, since after you look at a half-dozen or so houses the details begin to blur in your mind. The best choice would either be an electronic camera that lets you take notes right on the image, or a Polaroid so that you can scribble comments in the margins.
9. Do your homework before bidding.
Your opening bid should be based on the sales trend of similar homes in the neighborhood. So before making it, consider sales of similar homes in the last three months. If homes have recently sold at 5 percent less than the asking price, you should make a bid that's about eight to 10 percent lower than what the seller is asking.
10. Hire a home inspector.
Sure, your lender will require a home appraisal anyway. But that's just the bank's way of determining whether the house is worth the price you've agreed to pay. Separately, you should hire your own home inspector, preferably an engineer with experience in doing home surveys in the area where you are buying. His or her job will be to point out potential problems that could require costly repairs down the road.
