Years after the real estate meltdown, U.S. regulators are finally catching up to all of the loan modification companies that scammed these distressed homeowners out of millions.

After they learn these principles, then the homework may begin just as they did when they were in school.Having a mentor or coach to assist in their experience can be a plus, so long as that teacher is qualified and does not attempt to teach anything contrary to the basic principle learned, there are some bad ones that should be picking up the basics as well.Your education in RE is never ending, you will always be learning new regulations, keeping up with laws and local customs change, so staying current is a challenge as well.As to learning the basics, your local real estate school is probably the best place to begin.

Stating the obvious by not lying outright, like government and banks tend to do, well bravo.As for the idea of houses improving, that's based on the economy improving more than the actual technological advance.

Therefore, Oxford Houses are not subject to zoning laws regulating the number of unrelated individuals who may live in a single family dwelling” (http://oxfordhouse.org/userfiles/file/legal.php).

We know from past experience that this broker isn't very familiar with FHA regulations (or doesn't have an underwriter than can handle quick FHA deals), and we'll tell the buyer they can't use that broker, as we know the deal will likely fall through.As for the ethics piece, not all agents are Realtors, so it's very possible for NAR ethics rules not to come into play.

Whatever one you find or use get an attorney to review it first to make sure it is compliant with local laws and regulations.

As a consumer, you're not only limited to a broker or S&L institutions that are federally regulated.

seriously guys, look into cheaper ways to buy. using the funds from a re-fi from one house to buy more than one new house is growth. growth is what you want to do. make your money work as hard for you as you can. finding houses that are dirt cheap is the answer. there are several ways to buy real estate that are nonconventional. several years ago, the federal government restricted the number of foreclosures a bank can put back onto the market. consequently, that forced the banks to hold onto the less than desireable foreclosures and market only the best that they have. that added to the carrying costs of the remaining houses that they could not market. finally, they had to make a decision; hold onto those houses until they could market them, or dump them in light of loosing the carrying costs. most banks chose the latter. so, now, you have thousands of houses that the banks just dumped back to the previous owners by filing a release of lein with the counties that they are in. legally, you have a house that the bank no longer has a claim on, and the previous owners either do not know they own it again or they don't want it. there is potential for a hell of a deal.i bought one for $2000 on a tuesday and sold it for $10,000 on thursday. i also bought one for $2250 and picked up the back taxes for $4000. that one i am holding onto to rehab and will be worth $50k when i am done. tax sales are a great place to pick up extraordinary deals too. your problem is NOT on your cash end, its on your buying end

http://www.latimes.com/business/la-fi-fannie-mae-freddie-mac-mortgage-downpayment-20141208-story.html3% down government loans will be back for first time home buyers.

Savvy private lenders and hard money lenders won't loan on an OO property because of the extensive regulations.