I’ve gotten this exact question so many times, that I’ve decided to answer you question as thoroughly and completely as possible.

    The easiest way to figure out the value is to check the “comps” – or comparable properties that have sold recently. That is- how much have similar (comparable) homes sold for recently?

    One great resource is Zillow.Com- it’s a great site to check what homes have sold recently, and Zillow.Com will even give you their own “guess” as to what the property is worth, even show you an aerial picture.

    But be careful- DON’T TRUST ZILLOW’S VALUE! Just use them to tell you what other homes have sold for recently. If there are plenty of sales, all within a particular price range, then apply this little formula:

Comps Formula

1. Houses that have sold within 1 year

2. Houses that are within 20% of the same square footage

Check out all of the details here:
http://www.7daysaleguy.com

Tags: 7 Day Sale Guy by cashcorp
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    Adjustable Rate Mortgages, taken out largely by aggressive or “subprime” borrowers during the hot market, are adjusting their rates higher, leaving many homeowners stuck with significantly higher payments.

    Billions of dollars worth of “subprime” ARMs will be subject to higher payments. In fact, according to CNN, more than two million subprime adjustable rate mortgages (ARMs) are poised to reset at much higher rates in coming months, dumping even more houses on an already over loaded market.

    Homeowners who took low “teaser” rates for the first two or three years of the loan may see their monthly mortgage payments go up by 35% or more in some cases.

    Consumer groups, politicians, even President George Bush are worried that hundreds of thousands of subprime ARM borrowers will be unable to make their increasing payments and will lose their homes.

Check out all the details here:
http://www.ultimateforeclosureprofits.com

Tags: Ultimate Foreclosure Profits by cashcorp
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    The very word “Foreclosure” brings Real Estate Investors like ourselves a little thrill. Visions of huge discounts on properties, like sugarplums for 12 year olds, dance in our heads.

    But the realities of Foreclosures are much, much different. There are still fortunes to be had, after all there is gold in them thar homes, but those slam dunk, bought at a huge discount, easy money deals are few and far between for most Real Estate Entrepreneurs.

    “Regular” Real Estate Investors (whatever that means) are at an even greater disadvantage.

    I rarely write a check to buy a house, and I never, ever sign for a loan. I’d rather have my fingernails pulled out than beg for money from a bank.

    In my “ULTIMATE Foreclosure Bootcamp”, I cover the system for buying and selling Foreclosures without risk, and without money or credit. I cover how to get to the BIG MONEY in the Foreclosure market, and more importantly, how to do it with a system. So you can duplicate it whenever you’re ready.

Check out all the details here:
http://www.ultimateforeclosureprofits.com

Tags: Ultimate Foreclosure Profits by cashcorp
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    Across North America and the world, the market correction has caused the biggest increase in Foreclosures in Real Estate History, but is there any way for us, as Investors, to profit?

Here’s an example of what we’re dealing with- The Associated Press had this to say:

“The rate of Homeowners who are more than 90 days behind on their payments in 2006 has increased 64% from 2005, according to an analysis of data collected by RealeSTAT, a commercial firm that gathers foreclosure and default records.

“Experts say the worst is yet to come.

“We know the whale is coming, we just don’t know how big the whale is,” said Mike Flagg, a spokesman for the Center for Responsible Lending, a Washington nonprofit that tracks lending practices.”

    But can we save these homes and their owners from Foreclosure and still be profitable? The short answer… yes, we can.

Check out all the details here:
http://www.ultimateforeclosureprofits.com

Tags: Ultimate Foreclosure Profits by cashcorp
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Since the end of last year, I’ve traveled all over the country and spoken to Real Estate Investors from all walks of life, and the one thing they are all the most afraid of is… getting stuck with a house they can’t sell!

Some of them have houses they can’t sell- and are making payments every month, hoping for a miracle. Others are so scared of getting stuck with a house that they’re too afraid to even make any offers in the first place!

Well, in case you don’t know me, my name is Jason Loucks, and I’m here to forever erase your fear of getting stuck with a house! And once I do that, I’ll show you the fastest and easiest way to start making LOTS of money from pretty houses, even in this market, by selling houses fast and for top dollar!

Check out all of the details here:
http://www.7daysaleguy.com

Tags: 7 Day Sale Guy by cashcorp
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