The discounts that banks and lenders are taking on short sales is rising. At least that is what the latest data from the LPS Home Price Index seems to indicate.

Since April 2007, when short sale discounts averaged only 10% while bank owned foreclosures sold for 19 percent discounts, the short sale discounts have jumped to 23% while foreclosures are now selling for a 29% discount.

These numbers are nationwide averages so it will be necessary to research your local markets. However, it appears that short sales have become a more rewarding target for both investors and retail buyers. The difference in discounts can often be easily outweighed by higher repair costs on foreclosed properties who are frequently vacant for an extended time or even vandalized, while short sale properties may be found in much better condition.

Where do you  find the best deals in your local market? Leave a comment below!

You may also like these posts:

• HUD Waives 90-Day Seasoning
• Predicted Foreclosure Tsunami Still At Large
• Shocking Short Sale Reports – Investors Turn
• The Forsaken Children Project
• Mansions Ripe for Short Sales?

When setting out in the business of flipping foreclosures, real estate investors can pursue different strategies to maximize profits.

But how can you determine upfront which one will work best?

Among the different strategies are:

- Buying houses that need a lot of fix up work for bottom dollar, add value by fixing and resell
- Buying houses in good condition that need little work and sell either as is or after a few improvements have been made
- Buying high-end homes that have a high dollar amount of profit potential
- Buying low-end homes that have limited risk exposure

And many more…

All these strategies have a different mix of appeal, risk, competition, need for capital. I read recently on Investor’s Business Daily that the strategy to sell high is a great one, and to be able to do that the house should be nice, and in good condition when you buy it.

A quote from that article states that “Nice foreclosed properties are harder to find. The number available to foreclosed-property investors has slid 25% to 50% in the past six to eight weeks, he estimates. And competition among flippers has heated as large companies have gotten into the market to become landlords.”

This is the case in Riverside County, one of the most depressed areas in the country, second only to some counties in Florida.

Profits are waiting in each of these niches. Don’t hold yourself back thinking this or that strategy is the only one or even the best one. Choose the ne that’s most appealing to you, do some research and start moving.

What is your favorite foreclosure flipping strategy? Leave your comment below.

You may also like these posts:

• Short Sale Discounts Growing
• Predicted Foreclosure Tsunami Still At Large
• HUD Waives 90-Day Seasoning
• The Forsaken Children Project
• Hidden Profits Left Behind by Foreclosures and Tax Sales

The new wave of foreclosures, termed yet again as a “foreclosure tsunami”, and predicted by many major analysts for the past 6 months or so still has not arrived in the overall real estate market.

The WSJ cited data released by LPS Applied Analytics and CoreLogic, which shows that the waters are still relatively calm.

Home repossessions nationwide are at about the same levels of last year, and still below the peak set in 2010.

In many markets, the turn-around time of bank repossessions coming back to market and sale as REO inventory is surprisingly short, sometimes as little as four to eight weeks go by between the foreclosure auction and re-listing.

Overall, the scare and scarcity tactics of the media seem to benefit active buyers at this point.

What are you observing in your own market? Leave a comment below!

You may also like these posts:

• Short Sale Discounts Growing
• HUD Waives 90-Day Seasoning
• Foreclosure Profit System – Review
• Modern Home – Great Flip to 1st-Time Buyer
• Banks Control Foreclosure Market

Do you have questions or suggestions about this video or real estate investing in general? Leave them below and we will answer them in a future video…

You may also like these posts:

• Three Vital Short Sale Disclosures
• Websites Suck Squeeze Pages Rule
• Short Sale Commission Squeeze
• The IndyMac – FDIC – One West Bank Short Sale Scandal
• Mansions Ripe for Short Sales?

Please let me know your opinion or if you’ve had any experiences or challenges that are related.

You may also like these posts:

• Short Sale Discounts Growing
• The Short Sale Killer
• Shocking Short Sale Reports – Investors Turn
• Short Sale Killer: Elimination Beats Short Sales…
• The IndyMac – FDIC – One West Bank Short Sale Scandal

Over the years I have done a lot of investing in real estate and particularly foreclosures.

When the market was going up, it was easy to save homes from foreclosure as an investor.

The simplest way to structure a deal was to take over the existing loan, take title to the house, bring the loan current and give the home owner some money to move.

If the numbers where too tight, you could fairly easily get a discount, particularly from the second loan if there was more than one.

Then values started to drop, and short sale became the new buzz word.

But over the last five years of real estate depression, short sales have become increasingly more difficult to get done.

Lenders take forever to approve short sales, and have added new contingencies almost on a weekly basis.

The contingencies are mostly designed to prevent a short sale investor from making any money.

In the banks’ mind, they are entitled to (at least) the full price that an end buyer (aka retail buyer) would pay, minus normal closing costs and commissions.

Investors who have taken on that battle have been forced into legal gray areas to edge out some profits on a few cases, while most short sale deals they try to negotiate fall apart for one reason or another.

Just last week I talked with one of the Nation’s leading short sale “educators” (aka “gurus”), and he told me first hand that one of his most successful students just sent him a copy of a check where he had made $50,000 on a deal.

However, that deal took 8 months to close, and during that time the student spent his full time effort trying to negotiate 20 other deals – none of them came through.

You can easily see how scrupulous real estate “educators” can frame these types of checks into “success stories”, continuing to impress upon their prospective students that short sale investing is still a valid business model.

Meanwhile, the most successful “short sale gurus” make hundreds of thousands of Dollars each month – not from short sale deals, but from the bogus information they are selling to more and more desperate opportunity seekers who are placing their hopes in it.

Over the past 6 months I have no longer participated in this game of chasing the dream, helping desperate home owners, trying to reason with lenders and engineer “win-win solutions” while reaping a healthy profit.

Why? Because it’s a phony game. The decks are always stacked in favor of the banks, and you can never “win” as much as the banks always do.

So I decided to take on the banks at THEIR OWN game, fight them (instead of trying to please them), and pull away the curtain from their unfair advantage.

Yes, I have removed the loans from two of my investment properties, and am now in the process of re-enforcing my rights against the common FRAUD that banks are committing each time they make a so called loan.

I will be posting more information about my journey against the lenders in much more detail. Meanwhile, please share your own experiences in the comments below. What is your story with your lender?

You may also like these posts:

• Short Sale Killer: Elimination Beats Short Sales…
• The IndyMac – FDIC – One West Bank Short Sale Scandal
• How to Get Killer Short Sale Comps
• Short Sale Discounts Growing
• Texas – Produce The Note Challenges

I’d like to share with you some important information about
commercial foreclosure investing.

I know this may sound different from what you typically hear
but its true…

Contrary to what conventional wisdom might tell you,
commercial foreclosure investing is not hard if you know
what you’re doing.

For example, you know those expert insiders you see on TV or
read about in the papers or online?

Well, the truth is, anyone can do this.

These experts have simply learned ONE thing you don’t know
yet.

And that is…

How to find SWEET commercial deals.

D.C. Fawcett and Karen Hanover, two of the nation’s leading
short sale and commercial foreclosure experts, have created
the most hard-hitting video workshop I’ve ever seen, when
it comes to how to make a small fortune investing in
commercial real estate”

Watch it right now at the link below:

http://CaWholesaledeals.com/commercial-short-sales

The strategies are very simple and you might be surprised at
how EASY they truly are.

Here’s what they’re NOT:

1. Complicated
2. Require special skills
3. Work in only specific conditions
4. Require cash or credit

Here’s what they ARE about:

1. How to find NO MONEY DOWN deals fast
2. How to uncover DIAMONDS in the rough
3. Exactly what criteria to use when searching

Go check it out:

http://CaWholesaledeals.com/commercial-short-sales
The reason these techniques are so effective is because
they’re based on one critical thing…knowing the short cuts
to know what to do, and what NOT to do.

You see, Karen and D.C. have teamed up and are pulling back
the curtains on what could be a once in a lifetime
opportunity in the commercial foreclosure market.

And now they want to show you how easy it is.

Sincerely,

Thomas Bartke

PS- If you ever thought commercial foreclosure investing was
hard or risky, you’ll be excited to see how EASY it is.

Go now and check out the video:

http://CaWholesaledeals.com/commercial-short-sales

You may also like these posts:

• Short Sales Taking Too Long? 5 Ways to Generate Cashflow
• Overwhelmed by Short Sales?
• SIMS Profits Launch Confession
• What Do You Want to Talk About?
• SIMS Video Contest Help

Investors are turning away from short sales in droves as new reports of scary legal tactics come to light.

Many investors who have dealt in short sales over the past three to four years have unknowingly exposed themselves to prosecution as former home owners wake up to their old lenders garnishing their wages.

Of course they blame the investor who did not disclose that risk to them.

In the meantime, others are finding their investments save and cash flowing well.

Doug Fath, for example, a 28-year old real estate multi-millionaire, has made his imprint in a completely different niche, that is considered by most as one of the “scariest markets” in real estate.

After revealing what that niche is and how he has profitted from his investments, literally hundreds of comments poured in to his web site, asking for the  “secret code” to be revealed.

Doug’s “secret niche” has the potential for immediate revenue streams, as well as long term wealth building features, as market analysis reveals strong demand and stable values in this market for years to come.

In fact, it is Doug’s long term market analysis which is based on demographics and specific needs of large groups of the population that has led Doug Fath to this profitable real estate niche in the first place.

Find out more and watch Doug’s free videos, and see the hundreds of comments that were left on his web site.

Click here to get the video

You may also like these posts:

• Short Sale Discounts Growing
• HUD Waives 90-Day Seasoning
• Mansions Ripe for Short Sales?
• Top 5 Must-Dos in Real Estate Market Research
• Lake Los Angeles Homes for Sale

The Big Short Sale Lie

The short sale business model has long been touted as one of the best ways to make money in this housing foreclosure crisis.

What the gurus won’t tell you is the true numbers behind that business model.

That’s a big reason why so many beginning real estate investors fail with short sales!

• It’s a lot of work (whether you outsource it or not, it’s still A LOT of work…)
• Many more short sales don’t work out than the ones that do
• It’s NOT easy to pre-select them and work only on the ones that will work
• Banks and lenders are changing the rules every other week, tripping you up on promising deals at the last minute
• You need A LOT of potential deals to make A FEW of them work out (they call that “a numbers game”, but hey, roulette is a numbers game too, right?)
• Lenders make you feel like you’re doing something wrong even though you are the one providing a solution to their problem
• Big Money scams and government being in cahoots with banks makes the whole business model ludicrous and frustrating

…and on and on!

What To Do If Your Short Sales Don’t Work For You?

In the following section I wil give you links to educate you about MERS, the scam of mortgage processing and administration.

I will show you a way that will help you beat back the system, not only for yourself, but for your clients as well.

And make great money in real estate when you fly under the Short Sale Radar to beat the system.

First, the most important link is this:

http://TurnDebt2Cash.com – watch the testimonial video and sign up so you get access to free webinars and reports about how to eliminate mortgages quickly and legally.

Supporting files and documentation:

Read up on what the mortgage industry is talking about (“Strategic Defaults“)

Why lenders are afraid of “Forensic Audits“?

Scary for MERS: Enforcability of Securitized Mortgages

MERS legal cases: This is really bad for the banks!

And here is the info on the solution for you:

http://TurnDebt2Cash.com

Leave your comments and opinions below andmake a difference today!

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You may also like these posts:

• The Short Sale Killer
• The IndyMac – FDIC – One West Bank Short Sale Scandal
• How to Get Killer Short Sale Comps
• Short Sale Discounts Growing
• Texas – Produce The Note Challenges

This must be one of the biggest and most scandalous eye-openers that unfold in the foreclosure crisis, which is saturated with propaganda about foreclosure rescue scams and banks’ unwillingness to work with short sale investors.

Remember this video the next time you talk to a bank, and click below to discover
how you can strike back:

You may also like these posts:

• The Short Sale Killer
• Short Sale Killer: Elimination Beats Short Sales…
• How to Get Killer Short Sale Comps
• Short Sale Discounts Growing
• Texas – Produce The Note Challenges