Welcome to Our Real Estate Community Blog!
We hope that you find lots of useful information here to aid you as a Real Estate investor! Please feel free to post comments and share your thoughts!
CRISIS = OPPORTUNITY
The current downturn in the economy offers an unprecedented opportunity to buy single family homes and condo units at incredibly low prices. Banks are literally swamped with foreclosed properties that they must dispose of very quickly. Owners of properties, short on cash and facing unmanageable mortgages, are looking to sell their homes and investment properties regardless of the losses they will incur.
In California there are now condos available for under $50,000 and 4 bedroom houses for under $100,000. In many locations, there are recently built 4 bedroom homes for under $50,000.
For buyers and investors who have done their research, lined up their financing sources and know how to buy REO's, foreclosures and short sales at deep discounts, the opportunities are almost endless. Despite the large number of homes being abandoned by their owners, the rental market for these homes and condos remains very strong. Investment properties can now be purchased, rehabbed and rented or sold to end users while delivering good returns on investment.
REAL Strategies works with clients who want to learn how to enter the current market and avoid the pitfalls that often frustrate inexperienced investors.
Marc S. Hyman has a Law degree from Yeshiva University in New York City and a Mathematics degree from Tufts University in Boston MA. He has been a licensed Real Estate Salesperson in California. Mr. Hyman has been involved in real estate for the past 25 years as an owner, investor, consultant , agent and brings to his clients a wealth of practical knowledge and experience has developed over the years.
Marc S. Hyman can be reached at
REAL Strategies
Phone 805.729.2666
eMail: AV.Homes@yahoo.com
Things You Should Know About a Remodeling Coach
Written by our guest author, Reva Kussmaul, Remodeling Coach and CEO of Eye for Detail, Inc.
A remodeling coach is a person with experience and extensive knowledge in the home improvement industry and offers customized teaching and mentoring to homeowners and contractors. Remodel coaching is a unique service designed to help bridge the communication gap between homeowners and contractors helping both to navigate the challenges of home remodeling projects.
WHO CAN BE YOUR EYES AND EARS IN YOUR TENANT’S PROPERTY?
Wednesday, February 6, 2008
Since you are the one ultimately responsible for your property if you are a landlord in the case of mold. (Some tenants leave wet or damp things against the wall or they have created mold over a period of time by their own actions.) In either case you the landlord are held responsible.
Credit Repair
Wednesday, January 30, 2008
Credit Repair: 10 tips for improving your credit history and raising your credit score
Summary: The best person to repair your credit is you. Ilyce shares 10 tips for you to repair your credit. Credit can be repaired when you don't co-sign for loans, make on-time payments and don't over-extend yourself.
When it comes to repairing your credit, you're the best person for the job.
Mortgage Shopping Tips
Wednesday, January 23, 2008
GUIDE TO SKILLFUL BORROWING
People are often misled by myths that state that it is almost impossible to get a mortgage, or that all mortgages are about the same with lender’s rates being almost identical. In actuality, most people just don’t get the right information before they jump into the mortgage pool. Educate yourself before your next loan. Here are seven handy tips for skillful borrowing:
How Do You Extend An Escrow When Financing Has Taken Too Long?
Wednesday, January 16, 2008
When you fill out the purchase contract, put under additional terms:
“If, through no fault of buyer, financing should exceed the escrow period, escrow is to be extended to accommodate same.”
Stop Foreclosure and help the seller!
Wednesday, January 9, 2008
HOW
DO YOU STOP FORECLOSURE