Don’t Get in Trouble Flopping a Short Sale

by Ken Corsini | August 1, 2012 | on Orange County Real Estate Deals | no comments

With the declining number of REO foreclosures on the market right now, many investors and wholesalers are having success acquiring properties through short sales. However, dealing with REO foreclosures and short sales can be two very different animals. While buying and selling an REO is typically straight forward, the laws surrounding the reselling of a short sale are quite different.For those new to real estate: a short sale is a real estate transaction in which the seller has received approval

Legislating Disaster in Nevada and Maryland: Good Intentions Gone Wrong

by Steve Cook | | on Orange County Real Estate Deals | no comments

It stands to reason that if you pass a law delaying something bad for your local housing economy, like foreclosures, in hopes of buying time to help a few defaulting borrowers, you’ll be delaying the inevitable and all other homeowners in the market will eventually pay the price in the form of delayed depressed values and extended pain.That’s pretty much what’s happening right now in several states with new laws that lengthens the foreclosure process to give defaulting homeowners more time

The Advantages of Section 8 Rentals

by McKellar Newsom | July 27, 2012 | on Orange County Real Estate Deals | no comments

I felt out of place the first time I walked into the Section 8 office. It didn’t help that the line was long and the lady at the counter actually called me up from the way back to skip everyone and come to the front of the queue.Despite the awkwardness of my first visit, I now know the lady behind the counter can find the right paperwork and know how to talk to potential tenants. If you are thinking about buying Section 8 rentals and are apprehensive about the whole ordeal, take a trip to your

The Convoluted World Of Real Estate Handouts

by Chris Clothier | July 26, 2012 | on Orange County Real Estate Deals | no comments

Two weeks ago, we found our company in a position that, somehow, we had not dealt with in our years of buying real estate in Memphis and Dallas.  After having completed close to 800 transactions in the last 3 years, last week was the first time we had run into a closing where the seller used a government program to assist in the sale of the home.  Not only was a government program used, but the bank involved in the loan got into the act as well and in the end, let’s just say it was very adva

Why Short Sale Discounts are Growing & The Best Banks for Bargains

by Steve Cook | July 18, 2012 | on Orange County Real Estate Deals | no comments

The discounts on distress sales are critical for investors.  Discounts− the price differences between “normal,” full value properties and a distress sales like foreclosures or short sales−set the parameters for capital gains when a property is sold, especially in markets with modest price appreciation.  All things being equal, the greater the discount the greater the potential gain.Discounts for foreclosures versus short sales have been undergoing some fascinating and unanticipated cha

8 Tips for Bidding on and Buying REOs

by McKellar Newsom | July 13, 2012 | on Orange County Real Estate Deals | no comments

Many people visit Jamaica to see waterfalls, parrot fish and nude beaches. But the Jamaican scene that investors enjoy is the bustling marketplace where people are passionate about buying and selling. Want one of those wood figurines? Some jerk chicken? Ackee fruit? Well . . . time to negotiate.Investors thrive on haggling for the best deals. Unfortunately, most are buying REOs from US banks not Jamaican marketplaces. Bidding on REOs can leave an investor wishing for some Jamaican style bargaini

Sunset Newport Beach California William Bamish 1-7-2011

by | February 8, 2012 | on Orange County Wholesale Real Estate | no comments

New Post!! Sunset Newport Beach California William Bamish 1-7-2011. We have direct access to MANY bank owned properties and investor owned properties before they come to market for the general public and Multiple listing Service. Please contact use directly to see how we can help you find homes or investment below market value. Video by William Bamish of TheReal Estate Network, a real estate Brokerage and investment company located in Newport Beach California.

Orange County Real Estate – 3 Common Buyer Mistakes

by | January 30, 2012 | on Orange County Real Estate Deals | one comment

New Post!! Jay O'Brien of RE/MAX Prestige lists the 3 common mistakes Buyers make when purchasing a home and states how to avoid them. Top Recommended Site!!

Orange County Real Estate Market Update by Jim Bishop

by | January 27, 2012 | on Orange County Real Estate Deals | no comments

New Post!! How's the Market? More homes are coming on the market here in South Orange County. See the inventory trends and how many homes are distressed (Short Sales or REO's/Foreclosures). Top Recommended Site!!

Fridays with Fred 12/16/11- Real Estate Investing

by | January 19, 2012 | on Orange County Homes For Sale | no comments

New Post!! How real estate can provide you with positive cash flow and benefit your overall investment strategy. Top Recommended Site!!

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