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When Good Credit Marries Bad Credit
November 2, 1998, Revised November 22, 2004 "My fiancee and I are first time buyers and would like to purchase a single family home in New Jersey. He has an outstanding credit report and I have a bad one (collections, ... more...

Mortgage Payment Problems: What If You Can't Pay?
April 21, 2003 "I lost my job and have been making my mortgage payment from savings.  At some point, I will run out of savings.  What should I do? Some variant of this letter is appearing in my mailbox with ... more...

foreclosure buy out related definitions

Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more...

Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more...

More about foreclosure buy out

Get Free foreclosure buy out Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Real Estate Investing: Where Do I Get My Leads?
Real Estate Investing: Where do I get my leads?The most important part of real estate always comes back to finding leads. If you have no leads you have no deals and without deals you will make absolutely nothing. I know when I first started in real estate investing; I gave up real quickly because ... more...

Bahamas Real Estate Guide to Permits, Residency and More
In 1993, the International Persons Landholding Act was put into motion to encourage foreigners to purchase a second home in The Bahamas. And it couldnt be simpler. If a foreigner buys a single family dwelling or vacant land to be used in the construction of such a dwelling, then he no longer needs ... more...

17 Sure Fire Tips for a Successful Open House
The Sunday open house is a longstanding ritual in the real estate market, and many a home has been sold on a lazy Sunday afternoon. When used properly, the Sunday open house can be a great marketing tool.The following steps will help you get the most out of your open house and increase your ... more...

No Money! Does It Really Matter? (Free E-Books)
You can use the sellers existing financing for part of the purchase price. Buying "subject to" you only have to fund the money for the sellers equity! You can get a cash buyer and do a simultaneous close or flip your deal to the buyer for a cash assignment fee. You can sell your contract to another ... more...

Why Good Houses Don't Sell?
When a house doesn't sell as quickly as expected, it's easy (for the owner anyway) to lay the blame on a soft real estate market, or a lousy selling season. After all, neither of those things are the sellers faults, nor under the seller's control. The fact is, though, that 90% of the time when a ... more...

How I Became a Real Estate Investor
Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. However, beyond these two similarities, the two deals were very different from each other. Let me discuss in more detail the similarities and differences of the two deals.My business ... more...

Donald Trump on Real Estate
I love what Trump says about the business of real estate.I am a big believer in setting up business systems for all my clients. So it is cool to hear from a master like Trump about the importance of systems!Sincerely, Tom KishTHE REAL ESTATE BUBBLE OF 2005?'What Donald Trump has to say about the ... more...

Wealth Creation and Mortgage Planning - Two Great Tastes that Taste Great Together
What if I were to tell you that almost everything you have been told about what to do with your home has been absolutely wrong and that one of the worst ways to build wealth is through your home? And what if I further went on to show you that anyone who perpetuates this myth probably is not your ... more...

Set Aside Foreclosure and Decree and Motion for New Trial
Prove Up of the ClaimTo recover on a promissory note the Plaintiff (lender) must prove existence of the note.To recover on a promissory note, the plaintiff must prove:(1) the existence of the note in question;(2) that the party sued signed the note;(3) that the plaintiff is the owner or holder of ... more...

No Money Down - How To Buy Property With Nothing Down
If you have ever watched TV after about 11:30 at night, you've seen people talking about courses on buying real estate with no money down. They show vacation paradises, gorgeous girls, fancy cars, and huge mansions. All of this is promised to you if you buy their course on making a million with ... more...

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