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Surefire Ways to Sell Your Properties FAST
You’ve located a hot wholesale property and have put it under contract.  Now what do you do?  Most investors will tell you that locating a buyer when you’ve got just a limited period of time to do so is the most nerve-wracking part of being a real estate investor.  The most successful investors will actually [...]

Surefire Ways to Sell Your Properties FAST is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Fed Pledges Low Interest Rates Through 2014
At the Federal Reserve’s latest meeting the Board of Governors decided to continue its policy of quantitative easing by pledging to maintain low interest rates at least until the end of 2014.  The action is based on analysis that anticipates unemployment will remain high and inflation will remain relatively low during that period of time. [...]

Fed Pledges Low Interest Rates Through 2014 is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Obama Administration: Millions to Get Refinance at Favorable Terms
Most were expecting the President to announce a breakthrough in the AG negotiations with the major lenders over robo-signing in his State of the Union.  That announcement did not come.  Instead the President Obama announced a program to help more homeowners refinance to today’s low interest rates in order to save about $3000 per year [...]

Obama Administration: Millions to Get Refinance at Favorable Terms is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Government Revamps HAMP Loan Modification Program
In an effort to encourage investors to settle HAMP loan modifications with principal reduction by tripling incentives from 18 to 63 cents on the dollar depending on the loan to value change that would be made by the modification. Currently, Fannie Mae and Freddie Mac are prohibited form doing loan modifications.  Treasury has told the [...]

Government Revamps HAMP Loan Modification Program is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

The Best Real Estate Investing Markets in 2012?
So where are the best real estate investing markets? Actually, there are bargains in every market that can sustain a wholesale business even during the top of the housing cycle.  Remember the good old days when the main strategies in looking for bargains were to find probate, divorce and bankruptcy leads, and to market to [...]

The Best Real Estate Investing Markets in 2012? is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Home Values May Prove Political Football in Battleground States
Home values dropped an average of 16% in 15 of 16 key presidential battleground states since the financial crisis.  Despite this key fact most of the Republican presidential candidates have chosen to be largely silent on what they would do to end the housing crisis. They have preferred to concentrate on jobs and unemployment issues. [...]

Home Values May Prove Political Football in Battleground States is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Survey Shows Real Estate Cash Buyers Place Downward Pressure on Home Values
A report associated with the Campbell Housing Pulse Tracking Survey concludes that real estate investors buying with all cash are putting downward pressure on home values. In December 2011 cash buyers represented 33.2% of the market, according to the Campbell study.  Most of these real estate cash buyers are real estate investors buying investment properties [...]

Survey Shows Real Estate Cash Buyers Place Downward Pressure on Home Values is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Housing Inventory Declines
The NAR also released statistics on the inventory of homes for sale and shows a decline of 22.29% from a year ago.  The 146 MSAs monitored by the NAR survey found that at the end of 2011 there were 1.89 million single family homes on the market in the U.S., a drop of 6% from [...]

Housing Inventory Declines is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Existing Home Sales Up 5% in December: NAR
According to the National Association of Realtors existing home sales surged 5% from 4.39 million units in November to 4.61 million units in December. Investors represented 21% of the market, up from 19% in November. All cash sales were 31% of all closed deals compared to 28% in November.  The median home price was $164,500 [...]

Existing Home Sales Up 5% in December: NAR is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

How is BOA Short Sale Incentive Test Going in Florida?
One would think that desperate homeowners would be jumping for joy in Florida with the opportunity of making up to $20,000 as an incentive for selling an under water house through a Short Sale or deeding it back to the bank with a Deed-In-Lieu for foreclosure.  The results of Bank of America’s test program have [...]

How is BOA Short Sale Incentive Test Going in Florida? is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Is There Consumer Demand to Refinance?
A recent Harris Interactive poll asked a group of 2,237 adults who were online in December about their planned financial behaviors in 2012.  One of the questions asked whether respondents planned on refinancing a mortgage in the new year.  Only 5% responded positively, the same percentage as those who answered the same question in 2009 [...]

Is There Consumer Demand to Refinance? is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Freddie Mac Cuts Refi Credit Score Requirements for Some
In an effort to make refinancing available to more homeowners Freddie Mac announced that it would no longer require homeowners to have credit scores of 620 or higher as long as the loan is current, the LTV at 80% or higher, and the refinance is being completed with their existing lender. The new rule became [...]

Freddie Mac Cuts Refi Credit Score Requirements for Some is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Fed Makes Recommendations to Improve Health of Housing Market
This past week two Federal Reserve officials made suggestions to improve the housing market in addition to Fed chairman, Ben Bernanke, who came out with a game-changing white paper with numerous suggestions on how to reduce foreclosures and their negative impact on home values. Federal Reserve Bank of New York president, William Dudley, espouses the [...]

Fed Makes Recommendations to Improve Health of Housing Market is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Voters’ Biggest Concerns: Jobs and Housing
A Houselogic survey demonstrates that voters are most concerned about jobs and housing policy as election year issues for 2012.  Respondents were asked: “What issue area will have the greatest impact on your vote in 2012?” Jobs were mentioned as the top issue by 54% of respondents.  The next most critical issue was housing, which [...]

Voters’ Biggest Concerns: Jobs and Housing is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Federal Reserve Findings: Real Estate Investors to Blame for Housing Bubble
A research report by the Federal Reserve Bank of New York finds that amateur real estate investors were more to blame for the housing bubble in markets in California, Nevada, Arizona and Florida than was previously thought. More than one-third of the mortgages granted in 2006 went to people who owned more than one house.  [...]

Federal Reserve Findings: Real Estate Investors to Blame for Housing Bubble is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Foreclosure Dockets are Crowded
LPS reported that foreclosure starts jumped 5.7% between September and October as processors served notices on 232,865 families. On the positive side, delinquencies are down significantly.  Homeowners who were 90 days late but not yet in foreclosure in October were down 19% from last January.  A total of 1.76 million homes were in that category, [...]

Foreclosure Dockets are Crowded is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

BOA Developing Foreclosure Rental Program
Ron Stuzenegger, head of Bank of America’s legacy asset servicing division, has indicated that the bank is in the process of preparing a rental program for former homeowners of property it is taking back as REOs.  BOA is currently looking through 1.1 million loans that are 60 days or more delinquent to determine which might [...]

BOA Developing Foreclosure Rental Program is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Fiserv Optimistic About Housing Market Stability
Even though 2011 home values dropped an average of 5.1% and prices fell in 302 of 384 housing markets tracked by the Fiserv Case-Shiller Indexes, the picture should get considerably brighter as housing approaches 2013. Fiserv’s chief economist, David Shiff, believes that the housing market will see greater stability in 2012 than in the past [...]

Fiserv Optimistic About Housing Market Stability is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

FHA Extends Allowance of Flipping Houses Another Year
FHA has traditionally (and incorrectly) considered flipping houses—the practice of Investors immediately reselling a distressed property for more money—to be a red flag for abuse.  The practice does tend to lower the value of homes around the distressed property, but the FHA agrees that the alternative would be slower restoration of distressed properties to normal [...]

FHA Extends Allowance of Flipping Houses Another Year is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

Payroll Tax Break Extension Bad Deal for New Mortgage-Holders
In December, the U.S. House approved a 2 month extension of the payroll tax break in order to avoid a 2% New Year tax boost on millions of workers that would have impacted the GDP negatively by nearly 1%.  The agreement comes at a price to those who sign up for a new mortgage or [...]

Payroll Tax Break Extension Bad Deal for New Mortgage-Holders is a post from: REWealthCoach.com, Bob Massey's site for real estate investment news, information, tips, videos and podcasts. Visit today! All material is copyright © 2010 Foundation Publishing, LLC.

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