Feb 25
In this webinar, Chris Littleton of the Atlanta franchise delves into his team’s experiences with REO properties (real estate owned by the banks) vs. short sales. Short sales are potential sales by the owner of a property whereby the sale price will not cover the amount owed on that property. In effect, the seller (and buyer) is asking the lender to "short" the loan - i.e. accept less than the amount owed on the loan as full payment. REO properties are those properties already foreclosed by the bank and now owned outright by the same.
Chris explains the differences between the two, how they approach both, and why one is generally easier to work through to a successful purchase than the other.
See Chris and Donna Littleton's presentation at - REOs vs. Short Sales.
Feb 11
This, our first webinar, is a review of how The Real Market Experts® looks at residential rental property in general. The subject in this case is Buckeye, AZ, a western suburb of the Phoenix metropolitan area. To arrive at Buckeye, we looked up newer properties for sale in the Phoenix metro area that are selling for less than $100,000. To define "newer" we chose an arbitrary build date of 2005 or later, which is really nearly brand new in regards to houses. We further limited our search to homes 1,800 sq ft. or bigger as we expected a substantial number of properties in our results.
It is this search, along with the resulting analysis of a "found" property with investment potential, that is the subject of this first RME webinar.
Speaker - Irvin Wilson, Scottsdale, AZ. - Analyzing Investment Properties.
Recent Comments