closing

Real Estate Investing

Do More Deals: How Writing Offers is Like Dating

by Marty Boardman | November 24, 2011
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My friends call him “The Devil” but his real name is Sam.  He earned the nickname because of his outrageous behavior. Now don’t get me wrong.  Sam isn’t a mean person.  He’s actually a very nice guy.  It’s just that when he’s around bad things happen.  At my bachelor party in Las Vegas Sam somehow [...]

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Real Estate Investing

Wholesalers: How to Close A Real Estate Deal with an Out of State Seller

by Sharon Vornholt | November 7, 2011
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I have noticed that a lot of times brand new real estate investors find it hard to understand how to close a deal with an out of state seller. The procedure is actually quite simple once you understand it. I have been working with absentee owners for just about 4 years now, and I can [...]

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Real Estate

So You’ve Gotten a Short Sale Approval Letter… Now What?

by Bill & Jackie Patterson | January 16, 2011

When talking about short sales, everyone focuses on getting an approval letter from the lender. From the day you determine a short sale meets your investment criteria, and you gather the necessary paperwork and submit it to the lender, the primary goal is to obtain a short sale for the client, and get an approval [...]

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Flipping Houses

A Rehabbers Guide to Selling Property

by Steve L. | August 10, 2010

A lot of conversation goes on about buying the right way, and remodeling the property efficiently, but if you can’t get the property sold does it really matter?  According to a California Association of Realtors study, from February 2010, 63% of homes fall out of escrow before they close.  That is almost two out of [...]

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Interest Rates

What Can Investors Negotiate with Mortgage Loan Officers?

by Troy Schuricht | February 29, 2008

Negotiating the terms of your loan can be as important as negotiating the sales price of your new investment property. Interest rates and closing cost a huge part of cash flow and return on investment, with the proper due diligent and negotiations, investors can be rewarded on every real estate transaction. What can actually be [...]

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Real Estate Investing

Techniques for Covering Closing Costs

by Michael Creel | December 21, 2007

Although the days of getting cash credits towards closing costs are seemingly coming to an end with the tightening of mortgage regulations, there are still viable ways to accomplish that goal. Both Non-Agency and Dual-Agency arrangements can be used for this purpose. Often buyers mistakenly believe Dual-Agency is created when buyers approach a listing agent [...]

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Commentary

A Nightmare Closing Saga: Part II

by Jim Watkins | December 20, 2007

(This is the second and final part to the article. Check out Part I) The next afternoon I got a call from the buyers’ agent. She told me that the buyers refused to switch title companies as I had requested (the closing was set to take place four days later). I asked her when she [...]

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Commentary

A Nightmare Closing Saga – Part I

by Jim Watkins | December 16, 2007

Last year, I bought a house, rehabbed it and finally sold it. When I got a contract to sell it, the experience I endured was simply gut-wrenching. I got “sand-bagged” just about every way possible until I fought back… And WON! Here is what happened… This house was the first house deal I had done [...]

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Real Estate Investing

How Real Estate Attorneys Can Save Investors Money. Beware of Legalized Theft!

by Jim Watkins | October 11, 2007

I closed on an investment house in February this year. I was scheduled to close at 4:30pm on a Friday. When it reached 8:00pm and I still had not signed, I told the escrow agent to call me when she “got it right.” The following Monday, I went in after the mess had been cleared [...]

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