FHA has new flipping law for homes

Are you an investor that loves getting junkers below market value, fixing them up, and then reselling for a profit? It's a great strategy that can really allow you to build wealth in Real Estate. One of the challenges is always how quickly can you sell your property once the renovation is complete?

We all know time is money, so the sooner, the better. What about if you were approached by a buyer who was getting financing using an FHA loan? Well, you should be aware that you'll have to have been on title for a MINIMUM of 90 days. If you're not on title for 180 days, FHA may still ask for additional documentation.

At www.SaveMeFromForeclosure.com we recommend working with your own mortgage broker. The kind who knows which lenders are okay with you (the seller) only being on title for a few months.

We like to offer our buyers a closing cost credit to work with our preferred lender to ensure that the transaction closes on time.

Need a network of lenders? www.SaveMeFromForeclosure.com has strategic partners with lenders across the country, and you can benefit by earning referrals fees once you're in our network. For more information, please visit us on the web.

Dallas Foreclosures increase from last year

It seems as though the Dallas market might be a great place for investors to target. Early numbers that are out show an increase in the number of foreclosures in most of the counties in the greater Dallas area.

Dallas, Collin, Tarrant, Dentown and Rockwell counties all saw an increase in foreclosures when comparing July 2006 to the same month last year.

Arizona Foreclosures increase

Foreclosures are increasing in Pima County as the housing market slows, inflation accelerates and creative financing plans mature.

Dennis Rosen, a Tucson lawyer who deals in foreclosures and also holds a mortgage broker's license, confirms what most investors already know:

"Lenders seem to be very creative in ways to refinance because most lenders lend money with the thought of being repaid. Banks and others just don't want to own real estate,"

It seems as thought plenty of short sale opporunities could lie ahead for savvy Pima County investors.

Marketing to Preforeclosures

Marketing to preforeclosures is usually thought of as profitbale. However this foreclosure article based on the Las Vegas market tells us that previously hot markets that are now cooling aren't always full of deals. Make sure you're checking the numbers: even if the seller is motivated, they might be upside down in their home, and a short sale might be the only solution.

Forbes' magazine Foreclosure hotspots

Forbes magazine just published an article illustrating both metro areas with above average foreclosure rates, and where foreclosure rates are growing the fastest.

Welcome to the Real Estate Investors Marketing Blog

Hello fellow Real Estaste Investors!

I've started this blog to provide and share information about marketing for Real Estate Investors. Your comments are always welcome, as we'll look at different types of marketing, and how well they do (or don't) work.

One area that we'll be focusing on is marketing to preforeclosures.

We'll also discuss different marketing techniques, and what works best in cold, hot and flat markets, as well as examining differeces in markets across North America.