Answers to Some of the Most Common Questions About HUD Homes

By Seomul Evans With the financial crisis still looming large over the country’s economy; this sure is a good time to purchase real estate. As a matter of fact, you can get some of the cheapest deals ever seen on HUD homes. If you are interested in buying a HUD code home and have questions about the buying process and the homes in general; then here are some answers for you: What... [Read more]

Buying HUD Homes As Investments

By Steven Gillman Buying HUD (Department of Housing and Urban Development) homes isn’t necessarily a way to get rich quick. These homes are supposed to be sold at market value, after all, which would seemingly make the great deals you hear about a myth. However, there are some profit opportunities here. One of the reasons you still find good deals on HUD homes – even though... [Read more]

Check Out Energy Rebates

EnergyStar.gov — Check Out Energy Rebates This is a government site that offers lots of energy saving tips as well as explains what energy saving grants or credits might be available.   Powered By WP Footer Read More →

Foreclosure Trends Newsletter

Here is the latest issue of my foreclosure trends newsletter.  As you can see, the trend is not our friend, in the sense that the housing market has not recovered.  Until jobs come back and people are employed and feel safe in their employment, they will tend to avoid making a committment. ForeclosureTrends.pdf   Powered By WP Footer Read More →

HUD home buying tips

Provided by Patti Mazzara-Venture Development 952-285-4319 We can finance HUD homes.  While this information was going to be for Realtors to share with buyers, it is applicable for HUD buyers directly. Bidding & Buying HUD homes—it seems to be the hot ticket in town. However – Remember these key points to avoid problems and advise buyers: Only primary residence buyers... [Read more]

Twin Cities Foreclosure Trends-From our MLS & Realty Trac

Besides the board of realtor sites:  http://theThing.mplsrealtor.com and market data posted elsewhere at http://www.MplsRealtor.com I have a subscription to Realty Trac.  My subscription gives me additional data about foreclosures and trends within certain zip codes.  This is in addition to my daily subscription to Finance & Commerce (a business newspaper that prints all the... [Read more]

Real Estate Information

These are a couple of my newsletters that have a ton of valuable information. Go check them out. Foreclosure Market Trends Newsletter http://www.realtytrac.com/MarketTrends/NewsLetter.aspx?guid=131bd355-1b69-4bd1-99cd-2f0c9a936810 Real Estate Cyber Space Tips http://www.REcyber.com/cybertips/r11627   Powered By WP Footer Read More →

Outstanding Video-An Inspiration To All-Be The Best You Can Be!

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Twin Cities Home buyer book

Thinking about buying a home but don’t know where to start? Why not start by reading the home buyer hand book that we have provided below. It is a great place to start to get the information you need. When you’re ready, we would love to help you find and finance a new home. MN Home buyers handbook View more documents from John Mazzara.   Powered By WP Footer Read More →

HAFA Is Here & NOW- Additional Assistance On Getting Short Sales Completed

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FHA ALLOWS Short Sale

Many people mistakenly think short sales can’t or won’t be done on FHA insured loans.  THIS IS NOT TRUE Here is the link to the HUD pdf which outlines their current program guidelines:  http://www.hud.gov/offices/hsg/sfh/nsc/rep/pfsfact.pdf If you are in Minnesota and your home is within the 7 county metro area around the Twin Cities, we can help you list your home and... [Read more]

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Open Source Documents-Unbelievable Resources-Find YOUR topic of Interest

If you’ve never visited http://www.Archive.org, you are missing a wonderful site.  From this site, you will find many resources that are out of copyright and you can download and use them as you wish.  You will find all the classics and some fun things as well.  Just for fun, I have the download of a book called “Little Gardens” which is a book about setting up... [Read more]

Sell Your Home Faster-Learn The Home Selling Secrets Of Successful Sellers

Here is a special report that outlines over 450 ideas on how to sell your home faster.  This report is just one of the many home buyer, home seller, and investor reports that I can make available to you.  Read this report and call me to arrange a time to see how I can help.  Download Now   Powered By WP Footer Read More →

Beginners Guide to Flipping Houses

Flipping houses is becoming big business in the world of real estate investment. Unfortunately it takes all kinds of ‘flippers’ to make the world go around and some of them aren’t nearly as conscientious as others. If you are going to get into the business of flipping houses and want to make a living, and build a good reputation, for producing quality results you... [Read more]

ABCs of Flipping Houses

All new things can be a little frightening or intimidating at first glance. The same is definitely true when it comes to flipping houses. Many people feel several times during their first flip that they have gotten in over their heads. The truth is that it will take more than a few flips to feel comfortable with the process. Most people make very little, if any real profit on their... [Read more]

5 House Flipping Do’s

While many people have very specific dreams of enjoying the bountiful profits that can be made from flipping houses very few people put too terribly much thought into the process or any formulas that might be pertinent to success when it comes to flipping houses as a real estate investment venture or for the sake of building a nice comfortable lifestyle or retirement. You will hear... [Read more]

5 House Flipping Don’ts

When it comes to making money in the business of flipping houses and other real estate investments you will find all kinds of do’s and don’ts along the way. The truth of the matter is that these are extremely useful whether this is your first house flip or you have been flipping houses for years. In fact you might just find that you can learn something new on occasion by... [Read more]

Real Estate Investing-Everything You Need To Know!

I came across this e-book and I wanted to share it with you.  I thought the information was useful, the rolodex link in the back of the book with investor resources was incredible.  I think you will enjoy it-it is a pretty light read.  If you get all fired up and want to start looking for property, just give me a call.   Powered By WP Footer Read More →

RECENT News Release: Legal Service Plans Can Benefit Homeowners Facing Foreclosure

Pre-paid legal recently had a news release that explains how their service may benefit homeowners who are in distress and facing a foreclosure. We sell the PPD Pre-Paid Legal service plan at our website https://www.prepaidlegal.com/Multisite/Multisite?site=hub&assoc=mazzara You probably want to look at the family plans unless you are a small business. You can visit the site, watch... [Read more]

Extension And Expansion Of Home Buyer Credit-4/30/2010

A Big WOW!!  The credit has been expanded to include homeowners who have owned their home for the past 5 years. No longer do you need to be a first time buyer.  The dollar limit is $8000 for first time buyers and $6500 for move up buyers.  This GREAT news.  Combine this with 50 year lows in interest rates, and you’d be crazy not to consider making a move.  If you feel secure... [Read more]

Why Foreclosure Is Often Preferred By The Loan Servicer Instead Of Offering A Loan Modification

Have you ever wondered why a foreclosure occurs when a better solution might have been a modification?  Would you like to read the facts and figures and see how mortgages are bundled, sold and serviced?  You will soon see it is isn’t pretty, we are in the midst of a crisis, and it is likely to get worse before it gets better.  That being said, you can probably guess why-it’s... [Read more]

Home Buyer Tax Credit Information Update

It’s now official!! The tax credit has been extended and expanded. YOU NEED TO HURRY! You now have until the end of April 2010. The following summary of the credit is provided by the National Association Of Realtors. The following two documents cover the changes in the new law. Now get out there and buy a home!! NAR FAQ: Homebuyer Tax Credit Changes NAR Issue Brief: Homebuyer... [Read more]

Minnesota Real Estate Newsletter Gives Access To Great Computer & Life Tips

I maintain a number of real estate sites, blogs, and newsletters. One newsletter that provides a number of computer tips to help you function better with a computer is http://www.REcyber.com/cybertips/r11627 The site is full of cyber space tricks and great places to visit. We have link to this site on the list of MN Real Estate links, but I wanted to highlight this particular newsletter... [Read more]

Buy A Minnesota Investment Property With Confidence

RE/MAX has put together a “how to guide” on how to buy investment property.  Since knowledge is power, get the guide and brush up.  It’s your money-get the information you need to become a successful Minnesota investment property investor.   Powered By WP Footer Read More →

New Homebuyer Tax Credit

Back in 2008, there was a $7500 tax credit that was enacted by Congress and it was to be a great incentive for those buying homes for the very first time. It was to help out the over supply of homes out there that are for sale. For the year of 2009, there have been some changes made to this tax credit. Wondering how the new Homebuyer Tax Credit actually works? Here’s a look at... [Read more]

Why Work with a Realtor?

Today there are many people who think about selling their home on their own. However, many of them end up going with a realtor for their needs. It’s definitely a great idea to decide to work with a realtor when you are selling your home or you are trying to purchase a new home. Many real estate agents are not actually realtors, and realtors have quite a bit more to offer consumers.... [Read more]

HUD Special for Police Officer, Teacher, Firefighters-GNND

The Good Neighbor Next Door (GNND) program offered through HUD is a great way for the everyday service heroes in the United States to purchase a home that has gone into a HUD foreclosure.  HUD homes and their mortgages are insured through the FHA or Federal Housing Association and when the buyers who live in those homes can’t afford the payments go into foreclosure, these HUD homes... [Read more]

How Do I Buy a HUD Home?

Buying a HUD home is easier than you think.  HUD homes for sale are abundant and are available because of an FHA insured mortgage where the owner’s can’t pay and it goes through the foreclosed home process.  The myth that you can buy a HUD home for a dollar is just that a myth.  Hudhomes are sold at the current market value by comparing similar home sale prices in the area where... [Read more]

What is a HUD Home?

Hudhomes consist of one to four unit residential pieces of property that HUD owns due to a foreclosure on an FHA insured mortgage.  Because HUD owns these properties, they want to recoup their losses on the foreclosure of the mortgage.  HUD homes can be purchased by anyone who is interested in the property and these government homes can be purchased through brokers who are registered... [Read more]