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OK so you have a value in mind. Well I need you to be honest with yourself about the value and how you came up with it, OK? Does the value indicate a house that is in pristine condition and your house isn't that pristine? Does the value indicate a fixer-upper price and your house doesn't need any work? Those are the things you have to think about when getting the comps from all of your resources above.



The law is the law. Don't get scared into a corner because you are afraid of taking a step in the unknown world of real estate investing. Here is a practical solution. TALK TO A Real Estate Attorney before you make excuses to not invest. Have you been reading too many Google and Yahoo stories about how real estate investors are all a bunch of crooks? You could say the same thing about a guy that is a car salesman. Don't let one or two bad stories steal your dreams of being financial independent. You cannot... &throw out the baby with the bath water&. Get factual information before you let it dictate your decisions.

Ask to see a copy of the law.






<img src="http://www.redata.com/100021/SHOREW/agents/75942ax.jpg" />

Even if you are $10,000 or more in debt, it IS entirely possible to eliminate that debt, live well, and retire comfortably. What is needed is a plan, one that is well thought out, and most importantly, well executed. Consolidating your debt into a manageable situation, invariably leads to debt reduction, and if properly pursued will eventually lead to complete debt reduction. Life will be yours to enjoy once again, without the fear and insecurity of crushing financial burdens.



The lender says your property will appraise for the amount needed for the loan so long as the following repairs are made. The list of repairs upsets you. Time to take a deep breath and think. How can you get them taken care of before settlement? Can you do them? Have them done? Would the buyer be willing to help out? Is details About a Basic Power Of Attorney to walk away from? Regardless of the answer, the key is to make a logical decision not an emotional one.









We felt desperate and hopeless with nowhere to turn. Finally, I took a chance and made an appointment with another lawyer. He wouldn't even take our money. He said he had never seen a contract like the one we had signed. He mentioned really wanting to help us but didn't know how. After he thought a few minutes, he called the title company, told them he was our lawyer and demanded that they give me a copy of everything we had signed. Then he told them he was going to forward all this information to the state attorney general.



&However, legally...and this is the important part...MERS didn't hold any mortgage notes: the true owner of the mortgage notes should have been the REMICs.



If you make a deal be sure and get a title search and title insurance, preferably the day of closing. This is especially important if you are to have a clean title free of workman's liens, tax liens or other debts that you would have to repay in order to have a property you could resell. It's the single most important thing that happens to protect the investment you make that many buyers don't see a need to pay for. It is worth it.



Auctions are being used more and more as foreclosures increase and the inventory stagnates. They offer a quick resolution and are relatively cost efficient for the seller. As demand increases to quickly sell the foreclosure inventory, more and more auction houses may come into existence. Lately, not only foreclosures are being sold at auctions but high end, hard to move properties with a limited buying pool are looking at auctions as a more cost efficient way to sell the property.



HELOC loans are qualified as a good loan as it was cash out. The lender is entitled to get that money back and can attach it to you personally, or another property that you own or even garnish wages.



When an agent lists your house in the Multiple Listing Service, all the agents in your city are now trying to sell your house. If you decide to sell it &For Sale By Owner&, you may not be able to list it in the Multiple Listing Service.