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Archive of entries posted on October 2009

Just because it’s foreclosed, doesn’t mean it’s unoccupied.

Freep has an interesting story about how one can still be in their home even when it’s being foreclosed.
For starters, you don’t have to move right away. And if you work out a payment arrangement with your lender, there’s still a chance you can stay in your home.
Helpful information for those in trouble. Good information [...]

Renovation Tax Credit in Sherwood Forest area of Detroit

Did you know that Sherwood Forest is recognized by the state of Michigan as a local historic district? Historic designation helps preserve the character of our neighborhood and the value of our homes for generations to come. It also means certain restrictions on renovation projects, in order to maintain this distinctive character.
Sherwood Forest has been [...]

Your Foreclosure Real Estate Investment Team

A solid foreclosure investment team consisting of the following members:

Real estate agent
Real estate attorney
Mortgage broker
Accountant
Title company
Home inspector
Contractor

Now, with a solid team in place, you take on the role of manager and major decision maker and can create an efficient system that minimizes risk while maximizing profit.

Why You Need a Team for your Real Estate Business

I love reading things by wealth-builder Robert Kiyosaki. And one of the things he is ALWAYS advocating is building a team. Don’t try to do everything yourself. You can’t possibly be expert at everything. You can be knowledgeable – a preferred – then you hire someone who is expert to do the things they are [...]