Real Estate Marketing – Foreclosures, Loan Modifications and Government Bailout Plans – Part 1; Will the British government allow BP to file for bankruptcy to avoid it’s oil spill liability in the U.S.?

realestatemarketingthisweek.com – Real Estate Marketing – Why you should use a licensed attorney to negotiate your loan modification – With Michael J Barnes and Dan Havey of Real Estate Marketing This Week Part 1 – Dan Havey thanks for taking the time to be with us tonight. Thank you Michael for having me and you are absolutely right 2008 for many people was a very tough year. Tough year for pretty much everybody that I know, how many banks have we lost in 2008? Hopefully the bleeding is gone; hopefully there arent too many more banks to fail. Quite a few banks have picked up some of the slack, but the reality of it is so many people have been faced with such hardships, we have solutions that we are maybe going to talk about today that they can look forward to, to make 2009 a great year. Definitely that is what we are doing here with your organization at Velocity Financial and with the Modification Hotline and with many of the other things I am working on right now to help people out. When I first got into this business it was back in the late 80s, I moved here from Wisconsin after getting a degree in finance and I started selling repos for Fannie Mae, Countrywide, and the RTC. The Resolution Trust Corporation was responsible for getting rid of all the real estate owned by the over 1800 S&Ls that failed. So I cut my teeth selling those reposed properties and got to know a lot about the laws and worked with a lot of attorneys and then in the mid 90s I moved into the
Video Rating: 5 / 5

Question by Rico: Will the British government allow BP to file for bankruptcy to avoid it’s oil spill liability in the U.S.?

Best answer:

Answer by Sjnoring Vjerilood
BP = Bankrupt Petroleum

Give your answer to this question below!

Bookmark/share via AddInto

Real Estate Rental – Why Investors Should Invest In Real Estate Rentals; my home insurance company is terminating my policy because I need a new roof?

www.REIClub.com – Why Is a Real Estate Rental A Good Investment In A Down Market? Here’s Why Real Estate Rentals Are A Good Option For Real Estate Investors… Current Real Estate Rental Market Sources from Fannie Mae and Freddie Mac expect the total number of renters households to increase by another 4.4 million in the next few years, from the already 37million. With the current Unemployment rate being at an all time high, more families are turning to renting than buying because of a) affordability b) flexibility. Buying a home has more liability especially for someone who is unemployed, so renting is safer. Right now, the rental property market is one of the only areas of real estate investing that has increased in the past year. It is expected to grow even more until property values decide to stabilize. One of the main reasons to rent properties is to collect on the appreciation, AND you also get pretty good cash-flow. Why Not Sell in a Down Market – Right now is NOT the best time to sell – Buyers market – Miss out on appreciation – Unless you bought the house during a down market – you’re selling for a loss Pros to Rental Properties – Passive Monthly Income – Commercial Rentals have Exponential Growth – Appearance – does not have to be as nice as “for sale” property – Good Tenant – maintains home and pays rent on time – Security – more options if market changes than stock or bank institutions – Tax Perks – Depreciation – annual tax deduction for the loss in value of
Video Rating: 4 / 5

Question by Sky I: my home insurance company is terminating my policy because I need a new roof?
My home insurance company sent me a letter saying they are going to terminate my policy in few weeks because the roof is worn and needs to be replaced, but I bought my house a year ago and it passed inspection and my inspection paper says i have 3 to 5 more years left on my roof so i don’t understand why or how my home insurance company can just terminate my policy. By the way the home insurance company is TRAVELERS if that helps.

Best answer:

Answer by Zarnev
If the insurance company thinks the roof is in poor shape and is a high risk of future claims there is nothing much you can do. They don’t have to listen to any inspection results. You need to contact your agent. Many times the agent can help get you a stay or at least a delay in the cancellation.

Give your answer to this question below!

Bookmark/share via AddInto