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Home Buyer Tax Credit Extension

Posted on November 07, 2009 by admin

Now that Congress has passed the Home Buyer Tax Credit Extension and President Obama has singed off on it, the homebuyers’ tax credit will be extended to April 30, 2010.

The housing credit portion of the bill extends the $8,000 tax credit for home buyers who are purchasing their first home from the current November 30 deadline and expands the program to offer a

New Program that Could Affect Loan Modifications

Posted on November 06, 2009 by admin

Fannie Mae, the program chartered by Congress to provide stability and affordability in the housing and mortgage market, announced a new program for homeowners facing foreclosure. The Deed for Lease program is designed to allow a qualifying homeowner remain in their home by signing a lease in connection with a voluntary transfer of the property deed back to the lender. This will provide another option for people facing foreclosure. It will eliminate some of the uncertainty and keep families in their homes

Home to be Sold Via Owner Finance to Best Bidder

Posted on October 07, 2009 by admin

Home to be sold via owner finance. We are the bank. The most liveral home sellers in High Point today. Th highest and best bidder on down payment and monthly payment, acceptable to seller. View the property on Saturday October 10 from 10 a.m. to 6 p.m. and from Sunday October 11 from 10a.m. to 6 p.m.

Tenant Retention

Posted on September 23, 2009 by admin

As landlords, it’s important for your rental property to be occupied at all times. Vacancies mean lost of income while frequent tenant turnover can mean big expenses for repairs. Not to mention marketing expenses to search for the perfect tenant and holding cost. Due to the number of homes on the market, renters have a huge selection of rentals to choose from. A number of times, it works well to offer incentives for your new tenants. For example, I know a tenant that was searching for a place in the Charlotte area and he found a fully furnished townhouse available and the landlord said if he was to pay 3 months upfront, he would give him 3 months free. Now this is a bit extreme then what I would offer, but this shows you that deals are out there for tenants.

Real Estate, A Sound Investment

Posted on September 18, 2009 by admin

The concept of buying and selling real estate properties, or flipping, is indisputably one of the surest means for the accumulation of wealth. Although the strategy involving flipping is itself short term in nature, it is not a get-rich-quick idea. Garnering a sizable real estate portfolio is a process that can take anywhere from a few years to many years. Currently I’m focusing on building my cash reserve using wholesaling. After which, I’ll focus on buy and holding to accumulate wealth.

The patient and diligent investor who applies a well-defined and systematic approach over time will enjoy a high probability of earning above-average returns for his or her efforts. As a real estate investor

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