Bank Auction properties are preferred by the buyers. The reason being bank auction property is normally available at 20% discount compared to market rate. Most of the properties are auctioned under SARFAESI Act or Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 The biggest concern is the title of the property. In case the title of the bank auction property is clear, there is NO legal dispute and bank is in the physical possession of the property then the buyer can go ahead and participate in bank auction. This video discusses the steps to participate in bank auction. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://www.youtube.com/c/nitinbhatia For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia #Property #Bank Auction
Views: 422197 Nitin Bhatia
(9 Mar 2009) 1. Mid of auctioneer starting bid, UPSOUND: (English) "Just sixty nine thousand dollars." 2. Side shot of auction stage 3. Close of auction guide 4. Close of auctioneer 5. Members of the audience bidding 6. Auctioneer in audience 7. SOUNDBITE (English) Participant at the auction, name unknown, Vox pop: "Starting bid is 79-thousand for a three bed, two and a half bath house. Sounds pretty good to me." 8. SOUNDBITE (English) Tami Burgess, bidder: "There are people here who are first time homeowners that are buying houses for 180-thousand dollars that are worth 360-thousand." 9. Close of potential buyer 10. Person holding up their number to make a bid 11. Wide of auctioneer on stage 12. Wide of audience 13. SOUNDBITE (English) Danesh Patel, bidder: "Yeah, I just bought it. I just bought it, I didn't even look at nothing. I just looked at the price and, hey... No problem." 14. Protesters outside auction holders banners 15. SOUNDBITE (English) Larry Holmes, homeowner facing foreclosure: "We think the auction adds insult to injury to the people who have been thrown out of their homes and all the (m) millions of people who have either been evicted or who face foreclosure." 16. Pan down from building to protesters 17. Close of placard reading (English) "Stop foreclosures and evictions." 18. SOUNDBITE (English) Sharon Black, homeowner facing foreclosure: "It's kind of scary that the values have gone down so much but it doesn't help any of us, the people who are actually the people who are harmed or need to be helped aren't getting helped by this declining value. It just means some investor can profit off it." 19. Various of auctioneers 20. SOUNDBITE (English) Ed Bates, bidder: "I feel sad for them but still, that's the way the world is. It's not that I'm doing anything wrong." 21. Mid of auctioneer and audience STORYLINE: Hundreds of houses, some with starting bids as low as one thousand US dollars were sold to the highest bidders on Sunday in a rare auction of foreclosed properties in the New York metropolitan area. The auction was only California-based Real Estate Disposition Corporations (REDC) second for New York City, although the company runs sales around the country. Auctions of foreclosed properties in locations including Georgia, Colorado, Puerto Rico, Minnesota and Michigan are scheduled later this month. Approximately one thousand bidders attended the auction on Sunday at the Jacob K. Javits Convention Centre in Manhattan, with additional bids coming from the Internet for more than 350 condos, single-family houses and duplexes around New York City and Pennsylvania. Despite descriptions of some homes needing work, with problems including mould, water damage and vandalism, many were eager to get a bargain on the damaged real estate. Tami Burgess paid 340-thousand US dollars for a home she had her eye on since October. She said many first time buyers were getting houses for 180-thousand US dollars that were worth 360-thousand US dollars or more. The sale was protested by a handful of picketers who chanted: "Evictions are a crime! It could be your house next!" One of the protesters, Larry Holmes, who was fighting to save his home said, "the auction adds insult to injury to the people who have been thrown out of their homes and all the (m) millions of people who have either been evicted or who face foreclosure." An REDC spokesperson said the auctions help stimulate the economy by putting people in vacant houses. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/8d6c92267ad76c2bdf5244833efcc925 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 106 AP Archive
How to work with homes that are in pre foreclosure and why they are easier. See how you approach the deals and establish buy price, prepare docs and go to closing. See more Subject To Investing info here: https://cashflowsystems.thinkific.com/courses/get-the-deed Join me on Google+ in the Community section called "CashFlow" Contact Info: [email protected] Website: http://www.cashflowsystems.thinkific.com/courses/get-the-deed Facebook: @mycashflowuniversity
Views: 55191 Alicia Cox
http://JoeCrumpBlog.com - Sign up for free real estate investing training with 25 year real estate veteran, Joe Crump. Learn how to build an automated, sustainable, profitable investing business with no down payments and no credit. Discover the most advanced automation software for investors available today at: http://www.PushButtonAutomarketer.com Learn how it will bring you a flood of motivated seller financed leads every single day. Six Month Mentor Program: http://www.ZeroDownInvesting.com Hey, this is Joe Crump, and welcome to my new series of video blogs. I’ve taken questions and I’m going to give a bunch of answers to people who have sent me emails with questions. The last time requested it, which was about a month ago, and I’m finally catching up here. This first one is from Michelle Wright. It says, “When pursuing pre-foreclosure properties, do you have a script or flow chart of what to say and how to overcome objections?” First of all, I think it’s important to state here that I don’t do pre-foreclosure properties very often. And the reason is that most pre-foreclosure properties have no equity in them, there’s not a way to easily do seller financing with those deals, because if they’re in the pre-foreclosure system, or in the pre-foreclosure process, that means that a notice of default has been filed on them which means that at least four months has passed with them being late on their payments. So on an average property that’s maybe $125,000, with a $1,000 a month payment that means they’re $4,000 a month behind on their payments. They’ve also got attorneys’ fees they got to pay, they’ve got to pay late fees, just in order to bring it current again. So if you paid those fees for them, then you could probably take over their property and they’d let you have the property. But there’s usually no equity in those properties, or it’s a very small amount of equity. So, pre-foreclosures don’t make as much sense as you might think. Now I do have objection handling and scripts and processes for the other types of zero-down structures that we use, and I’ve got a whole hierarchy of zero-down structures. The one that we focus on is what I call the “For Rent Method,” and essentially all that is, is flipping lease option deals, getting control of them and then flipping them to someone else. It makes a lot more sense than taking properties that are in pre-foreclosure because we go right after people who have them who are for sale by owner, we’ve got people that are trying to rent the properties, and this solution for them is much easier because they aren’t behind in their payments most of the time. So it makes it easier to put these deals together for them and it allows you to pull the low hanging fruit rather than having to go and try to track down people that are in pre-foreclosure. So many of these pre-foreclosure lists that I’ve seen in the past, and I’ve tried to work them, it’s very difficult to get hold of them. Sometimes the best way to get hold of a pre-foreclosure is go knock on their door and try to put the deal together. But then you’ve got to find out if they actually have any equity in the deal, and you’ve got to find out if they’re willing to talk to you and what I’ve found, and most of the people that I’ve worked with that have done this have found, when you knock on that door, those people don’t answer the door. They’re in hibernation mode. They don’t want to talk to anybody. They know they’re late. They don’t want to talk to another creditor. If they’re not paying their mortgage, they’re probably not paying their other stuff, too, and there’s nobody that they really want to talk to. It’s very embarrassing when you go through that process. I know this personally when my business crashed back in 1991. It’s not a pleasant experience. So, anyway, but I’m saying that it’s easier to go after other types of zero-down structures from people that are in good standing with their lenders or people who have lots of equity in their property and those usually are not on the pre-foreclosure list. So let’s get into the objection handling in some of the future videos that I’ve got. I’ve got actually some people that have sent me emails asking me how to handle specific situations and I’ll get into that for you as we go along. Of course, all the stuff is in my programs as well. All right. I hope that helps. Good luck. To read this transcript and more of Joe Crump's articles, click here: http://joecrumpblog.com/how-do-you-work-with-preforeclosure-properties/
Views: 16825 Joe Crump
This video will help you understand Pre-Foreclosure properties. Check out The Real Estate Coaching Podcast: https://open.spotify.com/show/2X5HdU1ZwCrNnVKw86p6zz SUBSCRIBE to my channel for the latest videos: http://bit.ly/2des1mU -------- GET TO KNOW ME Facebook: https://www.facebook.com/kashwaynenyc Twitter: https://twitter.com/kashwayneglobal Instagram: http://instagram.com/kashwaynecampbell Google+:https://plus.google.com/u/0/+Kashwayn... Snapchat: Kashwaynecampbell -------- CHECK OUT MY BLOG https://www.Kashwaynecampbell.com -------- CONTACT ME Kash-Wayne Campbell Licensed Real Estate Sales Person Fave Reality.Inc Cell: 646-450-5274 Off: 516-519-8049 Fax: 516-519-8020 https://www.kashwaynecampbell.com https://www.FaveReaity.com
Views: 18082 Kashwayne Campbell
Hey Youtube, Today I'm going to give you a few tips for what to look for when bidding on properties using the online auctions. To get started - I'm not going to read through the all the paperwork that was sent over, but I will point out a few interesting things that I noticed as well as provide you with tips moving forward. We've used online auctions to purchase many investment properties and here's what we've learned along the way. Tip #1 Read the Fine Print. It's important to always examine the fine print. For example, one thing that I noticed in your paperwork is that they don't allow e-signatures. Meaning that if and when you submit a proposal, it has to be printed and signed. What's important to notice about that is, if you were to print the paperwork with an e-signature, your offer would be rejected and you would have to do the process all over again wasting time and energy. Also take the time to understand all the contingencies that are involved with that particular property like, inspections, financing, titles, etc. Tip#2 There's usually a Homeowner Round This homowner round is opened up to people who actually plan on living in the property. This stage does have some regulation around it, but it's not likely that someone is going to show up to your front door and make sure that you're actually living in the property. There are ways to get around this, but stay on the safe side and play by the rules. How to get around it? Contact the listing agent of the property, explain that you want to submit a bid as soon as the property opens up to the investor round. The listing agent will know all the rules and regulations and will be able to submit your bid as soon as that round opens up. This way your the first to bid on the property without having to constantly check to see when it opens up to investors. Tip #3 Understand Some Properties have a Reserve Amount The reserve amount is the dollar amount that the auction house, bank or property owner needs to get before they can sell the property. Reserve amounts don't always make sense, you might see a property listed for $30,000 but the reserve amount is $80,000. Why do they do this? They're collecting information from the market. They'll list at a low price and see what type of bids are coming in. If they don't reach the reserve amount, they'll take it down, lower the reserve amount and re post it. Basically, they're trying to get the highest and best offer from the market. Don't let this process frustrate you, instead know that they'll be pulling it down and reposting it with a lower reserve amount. Hope this was helpful! As always, please email us any real estate questions to [email protected] and we will answer them on an upcoming episode! Learn more about The DeRosa Group at http://www.DeRosaGroup.com or on BiggerPockets.com - https://www.biggerpockets.com/renewsblog/author/mattfaircloth/ Matt & Liz, founders of DeRosa Group, were recently second-time guests on the BiggerPockets Podcast. Check it out: https://www.biggerpockets.com/renewsblog/bp-podcast-203-finding-deals-funding-contractors-mentors-matt-liz-faircloth/ Find us on Facebook https://www.facebook.com/thederosagroup/ Learn More about The DeRosa Group by Checking out our suggested videos: How I bought a 18 Unit apartment with NO MONEY out of Pocket https://www.youtube.com/watch?v=3dDRVGYI1wg&t=14s How I turned a Duplex into 20 units https://www.youtube.com/watch?v=JzhkWhyssaM&t=1s How to Remove a Bad Tenant (without having to evict) https://www.youtube.com/watch?v=FnGZQOebixY&t=1s Tips for Hosting a successful Open House https://youtu.be/8DBtD1OcjKQ How to Buy investment Property when you're laid OFF https://youtu.be/fWevXC9ZuZ8
Views: 4419 Derosa Group
Head over to Copart: https://goo.gl/KXFTTY Lot number of Mercedes in Thumbnail for $350: 48328317 Email Me: [email protected] Instagram: https://www.instagram.com/samcracc/ I am not a Copart employee, so this advice is based on my own experience. You should contact Copart before making any purchase if you have any questions. This video is sponsored by Copart.
Views: 86923 Samcrac
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/mortgages-tutorial/v/geometric-series-sum-to-figure-out-mortgage-payments?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/housing/mortgages-tutorial/v/hybrid-arm?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Most people buying a home need a mortgage to do so. This tutorial explains what a mortgage is and then actually does some math to figure out what your payments are (the last video is quite mathy so consider it optional). About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 47069 Khan Academy
Herman Ybarra says he wants his $25,000 down payment back from the people who took it.
Views: 94 KRGV
Foreclosure Angel A woman buys a stranger's foreclosed home... and gives it back to her. If you want to know more about this angel contact her on facebook and send her a message here: http://www.facebook.com/people/Marilyn_Mock/668928839 Marilyn Mock Says 'People Need to Help Each Other' By JONANN BRADY Tracy Pottsboro lost her job and then her home when she couldn't make mortgage payments. On Saturday, she watched as her home was auctioned off in Dallas. "The final farewell to my house," Pottsboro said. "It means so much to all of us. It's not just a house." Auctions on foreclosed houses are an opportunity for some and agony for those who've lost their homes. From July through September of this year, more than 2,700 Americans lost their homes to foreclosure every day, according to The Associated Press. In Texas, almost 9,200 homes entered the foreclosure process in September. On Saturday, Pottsboro took her seat among the crowd, waiting for house No. 73 to be called. Marilyn Mock, a small-business owner from Rockwall, Texas, had accompanied her son, who was interested in buying a house, to the auction that day. Mock was sitting near Pottsboro and noticed that she was upset. "She was crying, and I asked her what is she upset about, and you know, she lost her house," Mock said. When the No. 73 came up and the auction began, Mock said she asked Pottsboro, "Is it worth it?" "She said yes. & I just kept taking her word," Mock said. Mock ended up winning the auction, with a bid of about $30,000. And just like that, Pottsboro's sad goodbye turned into welcome home. Mock told "Good Morning America" that she will take out a bank loan to finance about half the cost and will let Pottsboro and her family live in the house and make payments to her instead of the bank. She said she will pay for about half the house upfront. Mock was straightforward about her motive. "People need to help each other, and that's all there is to it," she said. Pottsboro was moved to tears by Mock's random act of generosity. "Nobody's done anything like that for me before, and I hope that I can repay the favor," she said. Mock said her son and husband have come to expect these "crazy" things. "When I came home and I said, 'Well, honey, guess what?' He just goes, "OK, whatever.' He's used to it," Mock told "GMA." "I do a lot of things, you know, loan money out and give to somebody -- you see somebody in need, you give them money," she said. "Or you see somebody in the grocery store, they don't have enough money to pay for it, I'm usually the one behind saying here, here's $20 or something." http://abcnews.go.com/GMA/SmartHome/story?id=6118522 Marilyn Mock for President, or Foreclosure Angel I defy anyone to watch the this video and not cry. Marilyn Mock went to a foreclosure auction. She met Tracy, a woman whose house was being auctioned. Tracy was there to say goodbye. Tracys house wasnt a palace, but she loved it. She most likely was caught in the same net as hundreds of thousands of other homeowners whose dream of homeownership turned into a nightmare. Ms. Mock bought Tracys house. She gave it back to her. There are no words for this kind of generosity. Lets face it: Id rather watch something like this than Extreme Home Makeover. One more family has a home, and one more person has gone out of her way to help a complete stranger. This reminds me of my Bible college past. Sometimes, one entertains angels unaware. Thank you, Ms. Mock. Tracy, I hope this is a new start. This is a nice story with a happy ending. No matter who you think is at fault in this mortgage meltdown, there are individual stories out there that should be heard. I'm pretty confidant the woman in the story who lost her home wasn't a super slick financier playing the market. I suspect she is a regular wage earner who got into trouble by taking out a 2nd mortgage to feed her family. What a contrast with the 100's of millions the Wall Street fat cats stole. Could have bought a lot of these $50K houses..... Foreclosure auction makes house ownership possible for some By MONIKA DIAZ / WFAA-TV DALLAS - More than 500 bargain hunters hit the Dallas Convention Center Saturday to bid on the American Dream that has ended up in foreclosure. The misfortune of others is now an opportunity for those trying to buy into the housing market. In this tough housing market, more first-time home buyers are attending these auctions, to see if they can get their dream home for less. Today, two families gave the auction a shot and walked out of the convention center saving thousands of dollars.
Views: 671706 pharmdmsn
What happens if you don't pay a bank loan? | By Ishan [Hindi] First thing you have to understand that bank would not foreclose the loan even if you defaulted on one or two EMI payments. In fact foreclosure has always been the last option which banks wants to exercise. But yes if you continue to default for 3 months then there is a high probability that bank will seize your property. Banks have their set procedure in such cases. They don’t bother you after the first EMI default, but when you don’t pay 2 EMIs consecutively, they will send you a reminder to pay. It is only after 3 consecutive months of default that banks treat loan as NPA. Thus after 3 defaults banks can enforce, “The Securitization and reconstruction of financial assets and Enforcement of Security Interest act’2002” ( SARFAESI)” and start the process of recovery of property/dues. After three months bank will send you a legal notice and ask you to repay the dues. If you don’t repay at this stage too, then after two months (i.e. five months from the first default) bank will send you notice that it has valued the property for certain amount and will be auctioning the same. Auction date is set for generally 1 month after the date of notice. You have to understand that bank itself does not want to go through this cumbersome process of auctioning and wants to settle things as soon as possible. If you look at the process, then banks give sufficient six months of time before auctioning the house. Within these six months you can approach anytime and try to settle the things out with bank. Personal Loan: If you Can’t pay your Personal loan then the days of trouble is started for you. Basically personal loans are unsecured loan that means you don't have to provide any security so bank can’t seize your property to recover the loan amount. Initially Bank or lenders gives you a time span to start repaying your loan but in case that limit is over pass then bank will take a legal action and file a case against you under section 58. So in this case best thing that an employer can do is, talk to your lender and ask for 10 or 20 days of relaxation then start repaying your personal loan as soon as possible. If you are thinking about taking a new personal loan and you are afraid that what will happen if you failed in paying off personal loan. In this case i have a personal suggestion Just choose a NBFC to take a personal loan over any bank. Because NBFCs are quite flexible in these type of cases. Keep Supporting Us :- Website : https://www.ishanllb.com/ Website : http://www.eisarahi.com/ Email : [email protected] Facebook Official : https://www.facebook.com/eisarahiofficial Facebook Page : https://www.facebook.com/IshanLLB/ Twitter : https://twitter.com/ishanllb Tags:- What happens if you don't pay a bank loan,What will bank do if you don't pay loan amount,unable to pay personal loan emi,What happens if personal loan is not paid in India,legal action against personal loan defaulters,what happens if home loan is not paid,personal loan defaulters punishment,car loan default consequences india,what happens if i don't pay my personal loan in india,ishan llb,bank loan pay na karne par kya hoga,emi pay na karne par kya hoga
Views: 629070 ISHAN LLB
Find an Endorsed Local Provider in your area to help with real-estate! https://goo.gl/Erj53Z Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 1036227 The Dave Ramsey Show
To get the APP Paste this in your iPhone or iPad browser https://itunes.apple.com/gb/app/car-auction-fee-calculator/id1132840803?mt=8 This is my NEW APP that will give you the buyers premiums on your car auction purchases from Manheim and British Car Auctions BCA. Remember to Subscribe to my YouTube channel so you don't miss out on any upgrades. If you have anything you want adding to the app please leave me a comment below Its Free to Download from the App Store https://itunes.apple.com/us/app/car-auction-fee-calculator/id1132840803 An Android App will follow very soon. Please connect with me via... Twitter: https://twitter.com/Flipping_Cars Facebook: https://www.facebook.com/flippingcars.co.uk
Views: 15177 Flipping Cars
Investor Special. Take over payments for $7k. Principal balance of $79k, 6.875% fixed interest rate. Brick 3br/1ba. Just cosmetic repairs. Comps are running around $125k. Go to http://www.AtlantaCheapRehabs.com/
Views: 752 atlantacheaprehabs
http://www.JuliaMSpencer.com - Should you accept payments from someone who lost their property at a Tax Sale Auction to you for Redemption? Sign up for your FREE Guide to Real Estate Investing on this and many other Real Estate topics discussed and backed with 25 years of experience at http://www.JuliaMSpencer.com. New YouTube videos almost daily! https://www.youtube.com/channel/UCZDfwUGeIdS4eJXSy1s50ig Facebook Page: https://www.facebook.com/REjuliamspencer Facebook Profile: https://www.facebook.com/REjuliamspencer/about Twitter: https://twitter.com/REJuliaMSpencer LinkedIn: https://www.linkedin.com/in/juliamspencer Voxer: jmsp78607
Views: 257 Julia M. Spencer
https://www.ibuyhousesboise.com | 208-782-4537 Help! I've missed payments and i'm facing foreclosure. What do I do if I've missed payments? Foreclosure is what occurs when a homeowner fails to pay their mortgage, and in turn, forfeits all rights to their property. While the specifics of foreclosure vary based on state, there are some key stages that occur across all foreclosures. Stage 1: Missed Payments In the first stage of foreclosure, the homeowner, or borrower, misses their mortgage payments, commonly because of upsetting life scenarios like unemployment, divorce, or death. When this occurs, it's essential to talk to your mortgage lender as soon as possible. The foreclosure process costs the lender money just like you, so in most scenarios, they're willing to try to help you out to avoid it. Stage 2: Public Foreclosure & Pre-Foreclosure If you miss 3 to 6 months of mortgage payments, your lender will inform the County Recorder's office that you've defaulted on your mortgage. Depending on the state you live in, the lender may be required to post a notice on the front door of your home, which indicates you're in danger of eviction and foreclosure. After receiving this letter, you'll enter a grace period known as pre-foreclosure, which lasts from 30 to 120 days. During this time period, you have the opportunity to work an arrangement with your lender through a short sale or by paying the mortgage amount you owe. If you work out an arrangement or pay off your default, the foreclosure will end. If you don't pay off your mortgage balance, the foreclosure process will escalate. Stage 4: The Auction & Sale The lender will set a date for your home to be sold at a foreclosure auction when you fail to pay off your mortgage amount during the earlier payment period. The notice of this sale is then delivered to the borrower, posted at your property, and then messaged in your newspaper. This auction will occur either on the steps of your local county courthouse, in the trustee's office, or even possibly at your property. Depending on where you live, you may have the right of redemption, in which you can stop the foreclosure process by paying off the balance. If you cannot, your home will be sold to the highest bidder who can pay in cash. At this time, you can also make an arrangement with your lender, known as a deed in lieu of foreclosure, and take your property back, or the bank will repurchase it. If a third party doesn't buy your home at the foreclosure auction, the lender will take ownership of it. At that point, it'll be known as a bank-owned or real estate owned property. The property will then be listed by a local real estate agent or sold at a liquidation auction. What to Do If You're Facing Foreclosure Now that you know how the foreclosure process works, you're probably wondering the ways you can prevent this from happening. Here are some great strategies for approaching this process in the best way possible: Strike a Deal With Your Lender As we mentioned earlier, your lender most likely doesn't want to deal with your home's foreclosure. So if you can't make your mortgage payments, reach out to your lender as soon as possible to see what your options are. Look into a Short Sale If you know you're home is most likely going to be foreclosed, you may want to look into a reasonable short sale. Take steps to sell your home as soon as possible, and convince your lender that the best move for them is to let you do a short sale. If you want to avoid the whole listing process, there are ways to quickly sell your home, and avoid having to work with real estate agents. Consider Filing for Bankruptcy A last-ditch way of stopping foreclosure is filing for bankruptcy. Once you do this, your mortgage lender and debt collectors will be prohibited from engaging in their collection activities. If this happens, the bankruptcy trustee will play the role of mediator between you and your creditors. It's important to know with this option that this option only buys you some time to recover financially, and doesn't actually let you off the hook. Bankruptcy law will simply set you and your creditors up to create a reasonable payment plan to help you get back on track. Get a Deed In Lieu In this scenario, you sign over the deed of your home to the bank by choice through a deed in lieu. This scenario isn't always appealing to your mortgage lenders because they'll be forced to pay any second or third mortgages or home equity lines of credit. Facing foreclosure is scary, but there are ways to prevent it or handle it in a less scary and stressful way. By educating yourself on how the process works, you can be ready to handle it should it ever occur. Do you live in Boise? Need to sell your house fast? Contact us to see what we can do for you! 208-782-4537 Nampa Foreclosure Boise Foreclosure Caldwell Foreclosure Emmett Foreclosure Garden City Foreclosure Kuna Foreclosure Eagle Foreclosure Meridian Foreclosure
2) http://mountmoriahcvbuyhous... | Call 267-507-5388 | Help with Foreclosure Philadelphia | Need Help Facing Foreclosure Sale PA NJ DE. If you miss your mortgage payments, you may lose your home through foreclosure. Your lender can use foreclosure as a legal means to repossess your home. If you owe more than your property is worth, a deficiency judgment is pursued. Both foreclosures and deficiency judgments have a negative impact on your future credit. You should avoid foreclosure if at all possible. Foreclosure is a very scary word and it can happen to anyone if they began to fall behind on their mortgage payments. Lenders and banks do not care about many issues that may concern you, They are not in the home selling industry. They are in the lending money to buy the house mortgage business. Lenders don't want to foreclosure if it can be avoided. Help Avoid Foreclosure Sale PA NJ DE. After about three to six months of missed payments, the lender orders a trustee to record a Notice of Default (NOD). At the County Recorder's Office. This puts the borrower on notice that he or she is facing foreclosure and starts a reinstatement period that typically runs until five days before the home is auctioned off. If the default isn't corrected (the loan must be brought current) within three months, a foreclosure sale date is established. The homeowner will receive a Notice of Sale, and this notice will also be posted on the property. In addition, the Notice of Sale is recorded at the County Recorder's Office in the county where the property is located. Finally, this Notice of Sale is also published in newspapers local to the county in question over a three-week period. Learn foreclosure options Philadelphia with our Free Report. There are two main stages in the foreclosure process, before and after the court filing of the Notice of Default. You must take action and educate yourself on all your available options. Get our free report on 10 available options to help you stop/ avoid Philadelphia PA NJ DE foreclosure Sheriff Sale. The one main thing to remember will be as part of your foreclosure prevention strategies is communication. You must be open and honest with yourself and your family. Communicate with your lender and with your foreclosure solutions specialist. Help Facing Foreclosure Sale PA NJ DE | Call us at 267-507-5388. One of the easiest ways to stop/ avoid foreclosure sheriff sale and free yourself without owing a deficiency balance is through a "short sale," in which the mortgage holder agrees to accept less than the balance owed on the mortgage at sale to prevent foreclosure. The lender would much rather see you sell the property than be forced to take the property through foreclosure, as foreclosure is a costly and time-consuming process. You should contact your mortgage lender to discuss what it can do to assist you in selling the property through a short sale, and what are its procedures and requirements. Explain to the lender that you cannot afford your mortgage payments, and that you need to sell the property through a short sale to prevent foreclosure. Mount Moriah CV Buy Houses that are underwater in financing i.e. Let us help you Short Sale vs foreclosure Philadelphia Call 267-507-5388, today and ask for Devin. Sell Your Philadelphia PA NJ DE Home or Short Sale Fast! For owners who don't care to save the property, or who have no other choice than to let the property go, selling the property may be a smart choice. If you have enough equity in the house to allow you to pay off the mortgage in full, then a sale is usually your best option. This option preserves your equity and what's left of your credit score. Selling also leaves you in a much better financial position should you want to buy another home in the future. Even if you don't have equity, you may be able to arrange a short sale, where the bank agrees to forgive the mortgage debt for less than the total amount owed on the mortgage if you sell the property to a third party. The advantage to the lender is that it does not have to deal with costly foreclosure proceedings. Sell Your Philadelphia PA NJ DE Home or Short Sale Fast! Call us today 267-507-5388. We buy houses in foreclosure to get you out from under your mortgages. Does bankruptcy stop foreclosure Philadelphia we can help answer this for you. Allowing the foreclosure to proceed to the auction is generally the worst choice. By doing nothing, homeowners will lose their home and any equity they have earned. Plus they will damage their credit at the same time. Moreover, some states allow lenders to go after borrowers in court for any deficit between what the house eventually sells for and what the homeowner owes. This is called a deficiency judgment. Unfortunately, many homeowners chose this option, putting their heads in the sand and hoping they'll win the lottery and avoid foreclosure. Help Avoid Foreclosure Sale PA NJ DE | Call 267-507-5388. * http://youtu.be/q-pSID0z4ZQ
Views: 1473 Mount Moriah Capital Ventures, LLC
Special Master Tom Tedeschi and the real estate purchasers talk about their experience working with Tranzon Auction Properties to overmarket the Federal Foreclosure of 199-24 Linden Blvd, Queens NY 11412.
Views: 278 Mike Carey
Here is an easy way to stop paying rent or own a home that doesnt waste space or have a big impact on the environment. MORTGAGE FREE AND DEBT FREE. Getting off the grid with TINY HOMES! Live closer to nature by spending your time outside rather than inside. The tiny home movement is becoming a smarter way to live and start to become self sufficient. Look for our new tiny home in future videos. Thanks for watching
Views: 2041763 Planting Freedom - athatcher85
Link to the Copart Map: https://goo.gl/6Kxh3L The Broker I Use: https://goo.gl/QTw5z4 Email Me: [email protected] Instagram: https://www.instagram.com/samcracc/ I am not a Copart employee, so this advice is based on my own experience. You should contact Copart before making any purchase if you have any questions. This video is sponsored by Copart.
Views: 194266 Samcrac
Imagine paying your mortgage on time every month, and your bank takes your home away anyway. It may not make any sense, but it's happening to some homeowners; Kristine Johnson reports.
Views: 227 CBS Pittsburgh
Real estate investing legend Ron LeGrand’s “Ask Ron” series brings you real answers to real-life investor questions. This week, Ron covers monthly payments, buying at auctions and much, much more in his weekly Q&A session with his Gold Club Members. Members can submit their questions to Ron by email or through his website to be answered every week from the real estate Guru himself! Try Ron's Gold Club for only $1: http://goo.gl/gOsd0O
Views: 468 Ron LeGrand
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 145653 The Dave Ramsey Show
http://LandPie.com is the one stop shop for buying and selling Land. If you're a Real Estate agent or Land Company that needs international visibility on your listings or just an average investor that would like to save money by selling your Land yourself then LANDPIE is here to assist you. National TV and Satellite radio exposure as we will bring the Land Buyers to YOU. You can sell your Land, buy Land, find Lots for Sale, parcels for sale with many options of Land for Sale. You will find Residential, Commercial, Land with Payments, Auctions, Cheap Land for Sale, Waterfront, Homesites and much, much more! If you're ready to buy, get a piece of the Pie at LandPie.com
Views: 108256 LandPie
http://www.GovLiquidation.com - This lot of 32 14x70 Mobile Homes has been sold. The mobile homes were located in Edinburg, IN. The mobile homes are in varying states of disrepair. They are made out of wood, steel and sheetrock with asphalt shingle roofs and vinyl siding. To view a current list of available Trucks and Other Vehicles, visit http://bit.ly/allGLvehicles today! And follow us on social media too! Facebook http://bit.ly/GLonFacebook Twitter http://bit.ly/GLtweets LinkedIn http://bit.ly/GLonLinkedIn Pinterest http://bit.ly/GLPin Google+ http://bit.ly/GLPlus
Views: 65628 Government Liquidation
Learn how to buy properties like the one in this video with little or no money out of pocket! Learn how to do short-sales, land-contracts, wholesale house transactions, effective marketing, and much more! If you are serious about learning real estate the smart way, then contact us today at 513-305-6940 to learn more!
Views: 1086 Mr. Foreclosure Saver Cincinnati
In today’s video, Coach Dustin discuss’ the 9 Steps to buying properties for just the Back Taxes Owed.. AKA Tax Deed Investing 101. To learn more about Tax Lien & Deed Investing, and how to earn 8-24% returns on your investments by grabbing this free gift: https://goo.gl/n28N3y At Tax Lien Certificate School, we are committed to bring you the best training out there, when it comes to earning 8-24% returns on your investments, or buying property for just the back taxes owed. Grab our free gift that will outline, and give the solution to the 3 Biggest mistakes that new investors make, and what you can do to avoid them, so you don’t loose all your money on your first couple of deals! Subscribe for more great videos, and to keep up to date on all the hottest Tax Lien & Deed investing strategies! http://www.youtube.com/taxliencertificateschool And on Facebook: http://www.facebook.com/taxliencertificatecshool And on Twitter: http://www.twitter.com/taxlienschool
Views: 27331 Modern REI
A step by step guide on how to buy property in India. Topics covered are: How to find a good property, how to identify a builder, how much downpayment you need to give, How to apply for home loan, how to do legal verification of property, How to do Sales and Construction Agreement and how to register property. . Music Credits: Carefree by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400037 Artist: http://incompetech.com/ Which is the best career for you : https://youtu.be/ukhjWLbyIWs
Views: 241439 Average Indian
You’ve just won a vehicle. What’s next? Visit https://www.Copart.com/Learn for more helpful information on bidding and winning. First, you’ll receive an email confirmation from Copart after the live online auction. You’ll need to set up payment within three business days, including the day of sale, to avoid any issues collecting your vehicle. Copart accepts a number of payment options for your convenience, including cashier’s checks, money orders, wire transfers and credit and debit card payments. For a full list of payment options, visit https://www.Copart.com/Payment. Once you’ve paid in full, you can pick up your vehicle. Remember that payment should include any applicable fees and sales tax. Storage period and storage fees vary by location and can be found on the location’s webpage. Visit Copart.com/Locations to find storage information about your specific Copart location. There are a few things to remember when picking up your vehicle at the facility. Schedule pick up during normal business hours. Have your member number and lot numbers of the vehicles being picked up. Loading is first come, first served. Flatbed trucks are recommended for safe transportation of your vehicle. All heavy and medium duty lots are self-load only. Need assistance transporting your vehicle? Use the delivery quote tool on the Lot Details page. Simply enter the destination zip code to get a real time estimate on transportation cost. Copart works with third-party tow providers to provide shipping on many vehicles. To see if transportation is available on the vehicle you won, visit Payments Due immediately following the sale. If shipping is unavailable, we suggest exploring other third-party providers or contacting a Copart representative for assistance. Visit https://www.Copart.com/Learn for more helpful information on bidding and winning.
Views: 436 Copart
Do you qualify for a pre foreclosure sale if you're not behind on mortgage payments? You can get lender approval for a short sale without missing mortgage payments. For help negotiating a short sale, talk to a short sale real estate agent. Radio personality and author Jeremy Colonna of Colonna & Company is a certified short sale expert (SFR).
Views: 43 SmoovJC
BUYING A HOUSE IN Red Dead Redemption 2! Red Dead Redemption 2 Secrets! 🚩Join my Notification Squad: click the 🔔Bell! 👍 Drop the Video a Like if you enjoy it! 🎮All Social Media: http://Twitter.com/JoblessGarrett http://Instagram.com/JoblessGarrett http://Facebook.com/JoblessGarrett 📱Discord: https://discord.gg/joblessgarrett #RDR2 #RedDeadOnline #Gameplay
Views: 539311 OutlawGarry
Why I Believe 2019 Will Be The Year For TAKING OVER PAYMENTS In Real Estate Investing OWNER FINANCING FOR PROFITS Your Complete Guide To Buying Real Estate Without Using Your Credit or Borrowing From A BANK Never Borrow Money From A Bank To Buy Real Estate Again, And Build Your Passive Income Through Owner Financing WHOLESALERS: The sky opens up to you with owner financing! The truth is not every seller can nor wants to sell at a deep discount with a cash offer. Being able to negotiate terms allows you to create more win-win options. Not only can you get more deals but you now have a new audience that can buy these types of properties, retail buyers and investors that buy seller financing. As wholesaler you can build income each month or replace your job or until you wholesale enough properties to buy one outright and cherry pick to keep a good deal for yourself. LANDLORD INVESTOR: Say bye to borrowing limits! With a loan, Banks cap out how many properties you can own. With Owner Financing, you take back control and have the seller finance it for you and own as many properties as you want. Build passive income for a comfortable nest egg! Fix & Flippers: Why borrow from a hard money lenders with high interest fees, instead, have the seller finance it for you. You can do short term seller financing during renovations, you and your crew fix it up and cash the seller out once rehab is complete! REAL ESTATE AGENTS: New opportunities of income, learn how to invest and close more leads by offering more solutions to sellers. Average homebuyer Not trying to invest just yet? No problem, with no cash or limited credit you can learn this powerful strategy and buy your own personal home or learn how to wholesale. Protect your privacy. Your personal credit or social security is never on the line or affected, use the financing already in place The debt never comes up under your credit report Unlike traditional loan, Learn how to negotiate a non-recourse loan that protects you and your livelihood so they can only come after the collateral. Puts you in Control the entire process: The Financing, Closing date, Closing costs, and recourse Saves you thousands of dollars in Bank junk fees, points. You control the costs. Amortization, Somebody has been paying down the interests so that when you come into the picture, you’re paying down the principle instead of just interest. What Kind of Houses Can You Buy Through Owner Financing? You can buy commercial and residential. You can buy nice homes, ugly homes, fixer uppers, mobile homes, even million dollar houses. Why Choose Owner Financing Over Other Investing Strategies? Owner Financing is a more sophisticated way to buy Real Estate because you are using creative financing strategies instead of borrowing funds. You are targeting a specific market for these homes instead of competing with other investors at an auction. Why is buying Owner Financed Properties a Powerful Strategy? In one word...Control. It puts you in the driver seat and in complete control of the entire process. You control the financing, closing costs and you protect your privacy. Your personal credit is never on the line or affected because the debt never comes up on your credit report. You’re not at the mercy of the stinky bankers, or pay them hundreds of thousands in junk fees and interests over the span of 30 years. Taking back control and being a smart investor is how you get ahead in life. Will This Work In The Next Crash? Yes! As a matter of fact, Now is the best time to learn this strategy! And you want to do it before the next crash hits...there are red flags, stocks, bonds, real estate are hitting all time historic high, all over the worlds from USA, Japan, UK, all at once. As i’ve said before, the next real estate crash will be investor heaven if they apply the very same skills in this course. http://ownerfinancing.myrealestatedojo.com
Views: 170 MyRealEstate DOJO
This video will show you how to list an update on eBay to sell. I will show you every step from listing to shipping. ================= ** Digital Scales you can purchase: 1) Smart Weigh Digital Shipping and Postal Weight Scale, 110 lbs http://amzn.to/2wbw9uk 2) Smart Weigh Digital Heavy Duty Shipping and Postal Scale 440 lbs http://amzn.to/2gc2HQM ================= ** I HAVE LISTED THE COMMON Q & A. PLEASE READ IT FIRST BEFORE POSTING QUESTIONS. THANK YOU ** Q: So when you sell an item on ebay and select a shipping method do you go to any postal place and give it to them? A: You can print and prepay for the item at home, then take it post office and mail it, or print a mailing label and take it post office and pay for shipping there. Q: What happens if you sell the item, sent it to their home, and they do a charge back and lie about not receiving item when they did? what do you do? A: All you can do is use tracking to confirm delivery, and hope people are honest. You also have the ebay rating for the person. So hopefully that will vet out who is scamming others. Q: So if i don't have a printer i can just go to my local post office and ship it there? What information do i need when using this method? A: You need a mailing label with sender and receiver address. This can be hand written if you want. Then post office will place the postage sticker on the package. Q: So after purchasing the shipping label, if I go to my local post office, can I just hand it in and no additional costs will apply? A: Once you purchase that postal label, it's paid for, and you need to stick it on the box, and take it to the post office. It's paid already so you don't pay anymore,. You are just dropping the package off to have it shipped out. Q: With all the fees and postage, how do you figure asking price to not end up losing money? A: Your asking price is solely dependent on what other sellers are selling the same item for. If you ask for more than what others are selling at, nobody will buy your item. If you are not comfortable selling it at the market price, then you are better off not selling it. Q: I am confused when it comes to the shipping cost. You originally set the shipping cost at $9, but once you chose the way you wanted to ship the item it came out to $10 plus. So did the difference come out of your pocket, or did the buyers? A: Yes, I paid out the difference. When you preset a shipping cost, you really don't know where that winning buyer is located. If that person lives in your state, then shipping is cheap and you can make money on the shipping. But if the person lives across the country, then it can cost a lot. When you preset a postage price in your auction, you have to be prepared for this to happen. Just choose a reasonable shipping rate so it will attract buyers and cover most of your cost. For people that might say...how about charge more for shipping....well be careful as you might price yourself way higher than all the other sellers and never sell your item. My only advice is don't get too hung up on loosing couple dollars on the shipping, if you are able to sell your item, and you made some money, then it's money in your pocket. Versus not selling anything and have that item sit at home and you made $0. Q: Do you need to get your own boxes? And also how do you know how much you'll have to charge shipping? A: Yes you supply your own box, unless you ship using USPS Priority mail, then you use there boxes. As to how much you charge shipping, you can go on USPS and get an estimate. The difficulty is estimating where the winning bidder is from (near you or opposite side of the country which will be higher shipping). You can just charge a flat rate shipping and expect to either pay a few dollars more to ship at the end if the person lives far away. If you charge too much shipping right off the bat, then you risk no one buying it. Q: Can you use FedEx or any shipping method that you like? A: You can ship however you like as long as you get it to the buyer in a timely manner. Preferably with tracking information. Q: So will I have the money in my PayPal account before I purchase the shipping label or do they have to receive it first before I get paid? A: You don't ship until you get the money deposited in your Paypal. Ebay will also only give you the option to ship after payment has been made by the buyer. Q: You say you can pick up free boxes at the post office. Are flat rate boxes free or not? A: Priority Mail Flat Rate shipping is a fixed shipping rate you pay USPS. In order for you to ship using the Flat rate with USPS, you need to use their 'free' boxes which you can pick up for free at USPS. The reason for using their box is they predetermine the size and how much you can fit in it to qualify for their flat rate. When you go to the post office, you will see a shelves with these boxes which you can take as many as you want.
Views: 1320696 dial2fast
How To Save Money For your own Small House for Cash, Buying a Bank foreclosure home No mortgage https://youtu.be/jIyZtqJb-jM Please watch: "ZIMALETA MOTORS ONLINE STORE Grand Opening Today Mercedes Sprinter Parts Please Check it out Guys" https://www.youtube.com/watch?v=cNJQ7fxtPqI --~-- I Bought a Bank Foreclosure House For $13,000 Here’s what Renovations it needs Hello Guys My name is Serge Zimaleta, I Enjoy Making YouTube Videos and I upload Daily Content every evening at 6pm My Bank Foreclosure House For $13,000 Consider Subscribing if you have not done so already. My Ray-Ban Aviator Polarized Sunglasses https://amzn.to/2K6LH99 My Sony ECMAW4 Wireless Microphone https://amzn.to/2K9FbOT Sony ECMCS3 Clip style Omnidirectional Stereo Microphone https://amzn.to/2vBYwoH Rode smartLav+ Lavalier Microphone for iPhone and Smartphones https://amzn.to/2K66iuc Rode SC4 3 inches Microphone Cable https://amzn.to/2vBI4Fb My LG Tone Platinum HBS-1100 Headset https://amzn.to/2HSnMts My Jaybird X2 Sport Wireless Bluetooth https://amzn.to/2Hl8Kv5 MY SWAGTRON T6 on Amazon https://amzn.to/2vCPcAP My 3DR Solo Aerial Drone https://amzn.to/2K8BRDV My 3DR Solo, Smart Drone, 3-Axis Gimbal https://amzn.to/2HU3v6y My 3DR Solo Backpack https://amzn.to/2JefBqA My 3DR Solo Alfa 2.4HGz WiFi Antenna https://amzn.to/2K847GD My GoPro Hero 4 Silver https://amzn.to/2HUi0Ym My GoPro Hero 4 Session https://amzn.to/2K7lrvb My iPhone 8 Plus https://amzn.to/2Hk74Gf My Scan Tool Autel AL619 Autolink Engine,ABS,SRS Auto OBD2 Scanner https://amzn.to/2HR9kle U-POL Raptor Black Urethane Spray-On Truck Bed Liner Kit https://amzn.to/2Jf7MBd My Rosso Motors Kids ATV Kids Quad 4 Wheeler Ride https://amzn.to/2JdX9P1 https://www.youtube.com/watch?v=WpBr6Y1jD64 Here is what to expect from my channel, I specialize in Expedite and Mercedes Sprinter Service and repairs, my goal is to help my viewers save money, by helping them figure out there Sprinter troubles trough watching my videos and in comments section, so if you have a question just ask. Comments and Questions will be answered within an Hr or sooner, if I am driving it might take a Day, but I check daily. My Email [email protected] you can send me any pictures or videos here or ask questions that you would like to keep private, just keep in mind it takes me longer to check Email, I am recording videos daily and very busy in editing them and uploading not to mention running a company, so if you ask a question in my email or Facebook and I do t get to you right away just go to my YouTube and leave a comment on any video letting me know that you sent an email, then I will go and check, because I check YouTube all day everyday because notifications are on, just keep that in mind, and just know I don’t ignore any emails or comments, Website is www.zimaleta.com on my website I have Sprinter information and working on getting Expedite content page and sources for company’s to help you guys more, also I have a store there, to sell my Channel Merchandise. Donations, I have a button for donations on my main YouTube page, if you feel like supporting my channel feel free even if it’s a Dollar, I invest allot of time into my channel and equipment to make this videos, but keep in mind I would still do it if it was free, I enjoy doing what I do and helping people so enjoy.
Views: 369116 ZIMALETA HOW TO SHOW & UNBOXING
Foreclosed Homes - Foreclosure Homes For Sale Buying Tips Nationwide foreclosure listings: http://realrealestatebargains.com/ FORECLOSURE BUYING HIGHLIGHTS Foreclosures are properties that have been taken back by the lenders because the previous owners were unable to continue making payments on the property. When buying a foreclosed home consider these few advantages: * Since houses aren't selling, lenders are doing everything they can to entice buyers, including low lending rates. * Home prices are lower now than last year, and down in most states according to the National Association of Realtors. * Buyers with sound credit have a ton of foreclosure bargaining power. * Real estate appraisals are producing lower home values, allowing buyers to renegotiate the price. * Rates on ARM's, which are almost always based on Treasury yields, have fallen. This brings prices down all around. * What better time than now to buy that home you've been putting off for so long. * Now is the time to buy a foreclosed because it probably won't get much better than this. * Foreclosured homes are offered up for auction to the highest bidder and there are some really good deals to be had at that point. * Lenders holding foreclosed properties are essentially attempting to recoup their investment in the property. * Lenders are often willing to take less than the market value of pre-foreclosed property if that is what is owed on the property. * Many repairs needed in foreclosed homes are not expensive to repair. Other Real Estate Bargains: * Home Purchase and Home Repair Grants: http://realrealestatebargains.com/homebuyergrants * Goverment Foreclosures Bargains: http://realrealestatebargains.com/governmentauctions * Tax Lien Home Buying Bargains: http://realrealestatebargains.com/taxlienbargains * FREE Clever Investor Webinar Featuring Barbara from the Hit TV Show "Shark Tank": http://realrealestatebargains.com/realestatemoney Refer Family and Friends to: https://www.youtube.com/watch?v=SHoB3h3u4vE
Views: 383 Leo Wiles
Ok, not really. You can find the real definition of the term "Auction" here: http://realtystore.com/article/how-buy-home/defining-our-terms-what-auction RealtyStore.com is the nation's largest database of bargain homes, including home auctions, tax sales, foreclosure listings, HUD homes for sale, FSBO (including short sales) and other bargain homes. Search for homes in your area today! http://realtystore.com/bargain-homes/ A home auction takes place when a bank or Government agency repossesses a home as the result of delinquency in payments. For more information on all types of auctions, you can look at these other sites: Auction.com | Real Estate Auctions http://www.auction.com/California/Los-Angeles-County/residential-real-estate-home-auctions.html The Nation's Leading Online Real Estate Marketplace conducting foreclosed home auctions, trustee sale foreclosure auctions, commercial real estate & notes IRS Auction - Main Menu http://www.treasury.gov/auctions/irs/ Under authority of the Internal Revenue Code, the property described here has been seized or acquired for ... Subscribe to Treasury Auctions e-mail updates. Property Auctions - Orange County California - County of Orange http://egov.ocgov.com/ocgov/Info%20OC/Departments%20&%20Agencies/Treasurer-Tax%20Collector/Property%20Auctions If you would like to receive information on properties that may be offered at the next Orange County Property Tax Sale Auction, please complete the following form HUD Home Auctions - US Government Info - About.com http://usgovinfo.about.com/od/consumerawareness/a/Hud-Home-Auctions.htm The U.S. Department of Housing and Urban Development (HUD) regularly offers thousands of highly affordable homes and apartments for sale to the lowest . Home Auctions and Foreclosure Auctions | AOL Real Estate http://realestate.aol.com/blog/2008/09/09/home-auctions-and-foreclosure-auctions Learn how to cash in on a home deal by buying a home at auction. Home auctions and foreclosure auctions are more popular these days. Government Sales and Auctions | USA.gov http://www.usa.gov/shopping/shopping.shtml Buy new, seized, and surplus merchandise and real estate from the government. Some items sold online by auction or fixed price. Dorothy's dress from 'The Wizard of Oz' finds new home CNN http://www.cnn.com/2012/11/11/showbiz/california-wizard-oz-auction/index.html
Views: 25053 realtystoredotcom
Here's this week's viewer question. "If I pay off the back taxes on a home, will I own it?" Not quite. Watch today's Real Estate Minute to find out why. Looking for more of my real estate and personal finance tips? Subscribe to my YouTube channel: https://www.youtube.com/user/ExpertRe... Read my blog: http://thinkglink.com See my tweets: http://www.twitter.com/glink Follow me on Facebook: http://www.facebook.com/ilyceglink
Views: 16969 ExpertRealEstateTips
Bank owned homes in Davis County Utah. http://Utah-distressedhomes.com and Blake Rounkles team are here to help you save $15,000 on your next bank owned home or foreclosure. Davis County Bank Owned Homes - Davis County Foreclosures Davis County Bank Owned homes, Davis County Foreclosures, or Davis County REO's ( Real Estate Owned) are houses or properties that have gone back to the lending institution as collateral when a home owner has not paid on their mortgage payment. They are also call non conforming loans. These properties have gone to auction with no bids causing the Banks or Lenders to take the house or property back. Call me or send me a text to find out how to make an offer on a Davis County bank owned homes from listings off of the Davis County MLS. There is a right way and a wrong way. Davis County Short Sales - Davis County Pre Foreclosures Davis County Short Sales or Davis County Pre Foreclosures Homes are properties that the seller has control over and still Owns. Most of these Davis County properties are behind on their payments, have to sell because of job transfer, divorce or are upside down in the home. The term short sale comes from the lender taking less then what is owed or a shortage of the payoff. (Buyer Beware) 85% of all For Sale by Owners fall into this category. Find out how you can buy these homes without being upside down. We can can do an analysis on any home so you can see what homes have sold for in any given area. Call me or text me at (801) 820-0049. Davis County Hud Homes for Sale - Housing and Urban Development Davis County Hud Homes for Sale. These hud homes were once FHA loans back by the federal government. Home Owners defaulted on payments and as a result these properties went to auction with no bids. If you want to buy one of these Bank Owned Homes in Davis County for pennies on the dollar If you would like more information or would like to view a home please call or text us at 801-820-0049 for your next Davis County Home. In your Davis County property search, see maps, areas, subdivisions, that may have a new home that matches your desires. Search New Home Builders like Fieldstone Homes Davis County, Ivory Homes, Richmond American Homes, Candle Light Homes, DR Horton Homes and Salisbury Homes. We have all your new construction listings for your Davis County Home Search just like the Davis County mls. Although our Davis County property search won't answer these home buying questions, we can so don't worry. Here are some of the questions that most buyers have: 1. Where can I get Davis County Bank Owned Homes? 2. Where can I find a foreclosures list in UT? 3. Do you have all Davis County properties from the WFRMLS? 4. How do I buy houses in Davis County? 5. How do I buy a Short Sales? 6. How are people buying foreclosure homes? 7. How do I learn about buying bank owned properties? 8. What are Davis County Home prices? 9. Does your website have the same information as the Davis County MLS? 10 .What is a Hud Home? Utah-distressedhomes.com is one of the best Real Estate Resource Center made for finding ski homes, top luxury homes, mls listings, short sales, hud property, and buying homes in UT. Davis County real estate can be bought with for sale by owner financing or through a local Davis County Bank. If you would like more information on how to buy a bank owned home or would like to view a foreclosure house please call or text us at 801-820-0049. http://youtu.be/Ppri2H86QzE
Views: 41 MLS Homes Utah - Northern Realty
http://www.TheLotGuy.com Reveals 8 Things You ABSOLUTELY MUST KNOW Before Investing a Penny In Land In Florida Imagine how it would feel if you were to buy a piece of land in Florida only to later find out is was "swampland in Florida" That would feel terrible wouldn't it? Here is a small portion of what I am going to reveal to you and WARN YOU AHEAD OF TIME what exactly to look out for. ➢ Scrub-Jays ... The little birds that destroy property values and fortunes ➢ Swamp Land ... What specifically to watch out for ➢ Tax Deed Lots ... the dirty little secret behind them and how they cost multiple thousands in hidden fees later. ➢ Lot Access ... How would you like to own a lot and not have access to it? ➢ Lot Size ... There are many lots too small to build on -- You Do Not Want To Get Stuck With One of These! You could get stuck with a piece of land that isn't worth a pot to pee in, nor a window to throw it out! ➢ Lot Utilities ... Believe it or not, there are beautiful subdivisions all over Florida without electric to them. Keep reading -- you will learn more! By The Time You Complete Reading About 70% of This Report, You Will Begin To Feel a Sense of Calmness and Feel Any Fear of Investing in Land In Florida Fall Away Because You Are Getting The Education You Need Ahead Of Time and Will Know What To Look Out For and What Questions To Ask. You Are Getting The Straight Scoop You Need Before Investing A Dime of Your Hard Earned Money! If You Have Any Questions About Lot Sizes Please Contact Me Through The Website. http://www.TheLotGuy.com Good luck on your land investments.
Views: 47877 FloridaLotGuy
ibuyhousesboise.com - What to Do if You're Facing Foreclosure Are you currently facing foreclosure or fear you will be soon? If so, you know how scary and embarrassing the idea of losing your home can be. By educating yourself on the ins-and-outs of foreclosure, you can either avoid this scary process or navigate it as painlessly as possible should it occur. Here are some facts, tips, and best practices for anyone facing foreclosure and how you can possibly save your home. What is Foreclosure & How Does It Work? Foreclosure is what occurs when a homeowner fails to pay their mortgage, and in turn, forfeits all rights to their property. While the specifics of foreclosure vary based on state, there are some key stages that occur across all foreclosures. Here's a stage by stage breakdown of how foreclosure works: Stage 1: Missed Payments. In the first stage of foreclosure, the homeowner, or borrower, misses their mortgage payments, commonly because of upsetting life scenarios like unemployment, divorce, or death. When this occurs, it's essential to talk to your mortgage lender as soon as possible, as there are options to help you avoid forfeiting your home. Stage 2: Public Foreclosure & Pre-Foreclosure. If you miss 3 to 6 months of mortgage payments, your lender will inform the County Recorder's office that you've defaulted on your mortgage. Depending on the state you live in, the lender may be required to post a notice on the front door of your home, which indicates you're in danger of eviction and foreclosure. After receiving this letter, you'll enter a grace period known as pre-foreclosure, which lasts from 30 to 120 days. During this time period, you have the opportunity to work an arrangement with your lender through a short sale or by paying the mortgage amount you owe. If you work out an arrangement or pay off your default, the foreclosure will end and you'll dodge eviction or home sale. If you don't pay off your mortgage balance, however, the foreclosure process will escalate. Stage 4: The Auction & Sale. The lender will set a date for your home to be sold at a foreclosure auction when you fail to pay off your mortgage amount during the earlier payment period. The notice of this sale is then delivered to the borrower, posted at your property, and then messaged in your newspaper. Depending on where you live, you may have the right of redemption, in which you can stop the foreclosure process by paying off the balance. If you cannot, your home will be sold to the highest bidder who can pay in cash. At this time, you can also make an arrangement with your lender, known as a deed in lieu of foreclosure, and take your property back, or the bank will repurchase it. If a third party doesn't buy your home at the foreclosure auction, the lender will take ownership of it. At that point, it'll be known as a bank-owned or real estate owned property. The property will then be listed by a local real estate agent or sold at a liquidation auction. What to Do If You're Facing Foreclosure Now that you know how the foreclosure process works, you're probably wondering the ways you can prevent this from happening. Here are some strategies for approaching this process in the best way possible: Strike a Deal With Your Lender. As we mentioned earlier, your lender most likely doesn't want to deal with your home's foreclosure. So if you can't make your mortgage payments, reach out to your lender as soon as possible to see what your options are to avoid foreclosure. Look into a Short Sale. If you know you're home is most likely going to be foreclosed, you may want to look into a reasonable short sale. Consider putting your home on the market. Take steps to sell your home as soon as possible, and convince your lender that this is the best move. Consider Filing for Bankruptcy. A last-ditch way of stopping foreclosure is filing for bankruptcy. Once you do this, your mortgage lender and debt collectors will be prohibited from engaging in their collection activities. It's important to know with this option that this option only buys you some time to recover financially, and doesn't actually let you off the hook. Bankruptcy law will simply set you and your creditors up to create a reasonable payment plan to help you get back on track. Get a Deed In Lieu. In this scenario, you sign over the deed of your home to the bank by choice through a deed in lieu. This scenario isn't always appealing to your mortgage lenders because they'll be forced to pay any second or third mortgages or home equity lines of credit. Final Thoughts on Foreclosure Facing foreclosure is scary, but there are ways to prevent it or handle it in a less scary and stressful way. By educating yourself on how the process works, you can be ready to handle it should it ever occur. Do you live in Boise? Need to sell your house fast? Contact us to see what we can do for you!
Views: 98 We Buy Houses Fast with Cash Boise, ID
http://anchoredsunshine.com Can someone take over my house payments? We can take over your house payment. We offer quick debt relief. We offer fast mortgage relief. Avoid foreclosure. We buy houses fast. Stop foreclosure. Sell my house fast. We buy houses in Bexar county Texas, comal county Texas, Guadalupe county Texas, and Wilson county Texas.
Views: 6670 Anchored Sunshine
We purchased Pine Meadows Hobby farm for REALLY CHEAP from our County's surplus property auction. We realized the American Dream. I had no money in my bank account, I borrowed the down payment from a loan company. Now we have our own property.
Views: 84864 Pine Meadows Hobby Farm A Modern Homestead
http://www.amerifirst.com/usda-rural-development/ This 60 Second Mortgage Tip from AmeriFirst Home Mortgage covers the issue of no down payment when buying a home. Here's the script: How to buy a house with no down payment...it's a tough situation. But it's not impossible. Hi I'm Dan Moyle with AmeriFirst Home Mortgage and THIS... is your "60 Second Mortgage Tip." "No down payment" isn't always accurate. You may need less of a down payment than you think. With as little as 3-percent down you could buy a Fannie Mae-owned home with HomePath. Many of these properties are selling for less than market value. FHA requires 3-and-a-half percent down. Or if you're truly looking for a loan that finances the entire house, you have the VA loan if you're a member of the military. OR you have U-S-D-A rural development if you're willing to live outside of a city. Many villages, small towns and other areas qualify for rural under this mortgage. You'll still need some cash for things like escrow at the closing table, but there's no down payment. Learn more with the rural development fact sheet down below. Thanks for watching. Be sure to subscribe above for more video tips and visit our blog. And if you like it, hit the thumbs up below for us! Again I'm Dan Moyle with AmeriFirst Home Mortgage. This has been your "60 Second Mortgage Tip." Music: Disintegrating in the Clouds from Dan-O Songs http://www.danosongs.com/
Views: 6472 Amerifirst Home Mortgage
This video goes over how to buy a house with no money down - low money down. Visit: http://bit.ly/1ruScsc to view down payment assistance options that you may be eligible for. Contact me at http://www.tampa2enjoy.com/contact-us/ and Check out http://www.tampa2enjoy.com to view all homes for sale in Tampa and surrounding areas. This video covers how to buy a house with no money down or very little money down. There are many different loan programs out there and I’ll go over some of them to give you a general idea about these options when it comes to how to buy property with no money down. As always, double check and make sure with your realtor and more importantly your lender to see what options are available to you and your particular situation. There are government loans like the popular FHA loan– FHA’s insure the loan in case of default. FHA’s usually have 3.5% down payments and varying closing cost factors. Keep in mind that some states have higher/lower closing costs. With an FHA loan program, you can buy a house with no money down because you are allowed to get the down payment and closings costs as a gift from a relative. You can cover both the down payment and closing costs or one or the other. Sometimes you can get the seller to cover the closing costs as well. If you are a veteran or have VA eligibility, then you can get a VA loan. VA is one of the better options out there if you are a veteran or are in the reserves. VA has a no down payment program and you can get the closing cost money from a 401k, a gift from a relative, or ask the seller to cover it. Another one is Fannie Mae – which has 5% and 3% down programs. In most cases, try not to go for the 3% program because it will usually have a higher interest rate, higher mortgage premiums, etc. With these, you can also use the down payment as a gift from a relative or ask the seller to cover closing costs. In the Tampa bay area, we have something called USDA – we have it in our outlining cities. Go to their website and see if you qualify for USDA eligibility. It is a 100% financing program and it’s offered throughout the country but you have to make sure that it is offered in your area where you are located. I’ve also attached some links that will take you to websites that help with down payment assistance. Visit: http://bit.ly/1ruScsc to view down payment assistance options that you may be eligible for. There are many programs out there for down payment assistance and most people don’t know about them, and a lot of people don’t know where to even begin. Do your own research/homework and see which one works for you. Remember, if you are using a big banking institution – always try to use a local loan officer. You know what they say, out of sight, out of mind. So make sure you’ve got someone who’s local who can help you the option of a no money down mortgage. Be sure to also use a real estate agent that knows what they’re doing so that you are in good hands in the home buying process. Get statistics and information on local schools in Tampa, etc... Click here: http://www.tampa2enjoy.com/area-info/school-info/ Please contact me if you have any questions or would like to set up a free consultation. If you like this video, please give it a thumbs up or give me a comment. Don't forget to "Subscribe" to my YouTube Channel. Love this? Like our page on Facebook.com/TampaRealEstateExpert Follow us on Twitter.com/tampa2enjoy Lance Mohr Mohr Realty Group at Keller Williams 813-317-4009 http://www.tampa2enjoy.com http://www.tampabayrealtypros.com *************************************************************** Click here to find out how you can buy a house with no money down: https://www.youtube.com/watch?v=iyfNjj2n6Q4
Views: 45584 Lance Mohr