I received another comment with new information about the Home Valuation Code of Conduct that I posted information on previously. Again, some good content prompted me to post instead of simply leaving it as a comment.
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On Tuesday, Business Week published a list of the top markets for returns on rental income. This is important information because it goes to show you don’t need to wait for the bottom to buy in. You can buy in now and make an excellent return on your investment. Why is this? It’s because of [...]
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I received the email below on a comment on my previous Home Valuation Code of Conduct. I felt that Dana made some good points and decided to create a specific post of its own.
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Cash Flow is King!
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A short sale basically means convincing the bank to accept a value which is less than what the homeowner owes while at the same time convincing the homeowner that you have come to save him from the bank, which could repossess their home due to non-payment of the mortgage. Knowing how to the process works will lead to big profits.
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Understanding what you are doing and following these basic rules and investing in foreclosures can be a very profitable business.
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Local as well as national real estate markets have shown a tendency to change quickly necessitating changes in strategies to sell properties in slow market.
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