Real Estate For Fun And Profit » banks http://realestateforfunandprofit.com Mon, 21 May 2012 04:48:49 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 How do you make an offer on and buy a foreclosure property? http://realestateforfunandprofit.com/how-do-you-make-an-offer-on-and-buy-a-foreclosure-property/ http://realestateforfunandprofit.com/how-do-you-make-an-offer-on-and-buy-a-foreclosure-property/#comments Sun, 05 Jun 2011 07:04:44 +0000 Anon If the property is already bank-owned, do you make an offer to the bank the same way you would with a seller? I heard that if a property is already bank-owned, you can make outrageous low-ball offers on the property and that some banks would accept next to nothing to unload a foreclosed home. Is there any truth to this? or should i make the offer i would if I were dealing with the original seller?


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    ]]>     http://realestateforfunandprofit.com/how-do-you-make-an-offer-on-and-buy-a-foreclosure-property/feed/ 5     THE “REO” DECEPTION! http://realestateforfunandprofit.com/the-reo-deception/ http://realestateforfunandprofit.com/the-reo-deception/#comments Fri, 28 Jan 2011 12:29:46 +0000 Anon

    LEARN WHAT ALL BANKS SELLING REOs DON”T WANT YOU TO KNOW! What if you bought an REO that you found out later you really don’t own? Lets think ahead folks and come together to stop the REO fraud from circulating.

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    ]]>     http://realestateforfunandprofit.com/the-reo-deception/feed/ 0     Agent, banks and Seller financing……..? http://realestateforfunandprofit.com/agent-banks-and-seller-financing/ http://realestateforfunandprofit.com/agent-banks-and-seller-financing/#comments Sun, 05 Dec 2010 00:00:15 +0000 Anon Hi! I was looking at a neighboring property a few days ago and I found out that it was a bank reo. After having presented the concept of seller financing to the Realtor, he seemed more then willing to try to push for this method of finance – My question is how exactly does the agent get payed when using this method? Could anything give me an example? Also are banks more willing to carry paper on reo these days? how common is that? Thanks


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    ]]>     http://realestateforfunandprofit.com/agent-banks-and-seller-financing/feed/ 2     can the Government buy all foreclosure homes? http://realestateforfunandprofit.com/can-the-government-buy-all-foreclosure-homes/ http://realestateforfunandprofit.com/can-the-government-buy-all-foreclosure-homes/#comments Mon, 11 Oct 2010 19:02:58 +0000 Anon Is it possible for the government to buy all foreclosure homes and resell them to the owners who are at risk with a small interest rate? They would buy all homes in foreclosure up to a specific month, after confronting that task they would force banks, brokers and loan officers to fix the loop holes and the issues thats cause the crisis in the first place…I think they should also enforce a new home owner class where own owners would learn to manage their funds, what they should avoid etc.

    I know thats a big task but thats a serious step…


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    ]]>     http://realestateforfunandprofit.com/can-the-government-buy-all-foreclosure-homes/feed/ 3     I want to buy investment property and I'm wondering if seller carry back financing is easy to obtain still? http://realestateforfunandprofit.com/i-want-to-buy-investment-property-and-im-wondering-if-seller-carry-back-financing-is-easy-to-obtain-still/ http://realestateforfunandprofit.com/i-want-to-buy-investment-property-and-im-wondering-if-seller-carry-back-financing-is-easy-to-obtain-still/#comments Sun, 26 Sep 2010 00:00:13 +0000 Anon Are these sellers usually banks that own foreclosures perhaps?


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    ]]>     http://realestateforfunandprofit.com/i-want-to-buy-investment-property-and-im-wondering-if-seller-carry-back-financing-is-easy-to-obtain-still/feed/ 3     I have heard that some banks are willing to buy you out of your home if you buy their foreclosure. Any truth? http://realestateforfunandprofit.com/i-have-heard-that-some-banks-are-willing-to-buy-you-out-of-your-home-if-you-buy-their-foreclosure-any-truth/ http://realestateforfunandprofit.com/i-have-heard-that-some-banks-are-willing-to-buy-you-out-of-your-home-if-you-buy-their-foreclosure-any-truth/#comments Fri, 25 Jun 2010 07:03:20 +0000 Anon I have heard that some banks for willing to buy you out of your home if you will buy one of their foreclosure’s. Does anyone know if there is truth to this?


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    ]]>     http://realestateforfunandprofit.com/i-have-heard-that-some-banks-are-willing-to-buy-you-out-of-your-home-if-you-buy-their-foreclosure-any-truth/feed/ 2     Can i buy a foreclosure home 30,000 and sell it to a investor for 50000 that same month? http://realestateforfunandprofit.com/can-i-buy-a-foreclosure-home-30000-and-sell-it-to-a-investor-for-50000-that-same-month/ http://realestateforfunandprofit.com/can-i-buy-a-foreclosure-home-30000-and-sell-it-to-a-investor-for-50000-that-same-month/#comments Sat, 22 May 2010 19:09:39 +0000 Anon I am about to get a good settlement and want to invest in this foreclosure homes. I heard u can go and buy some at ur local banks, but can i sell it the same month to a investor for double the amount? Some investors don’t even look at the house, they just give a price based on the year and how much it may be in the market.


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    ]]>     http://realestateforfunandprofit.com/can-i-buy-a-foreclosure-home-30000-and-sell-it-to-a-investor-for-50000-that-same-month/feed/ 5