http://www.deangraziosi.net Dean Graziosi is a prominent author and investment expert on cars and real estate. With his immensely popular books, reliable advice and guidance, he has helped millions of first time investors to make fortune with cars and real estate. Wed, 08 Sep 2010 20:51:36 +0000 http://backend.userland.com/rss092 en Just three years ago, the terms short sale and foreclosure were almost non-existent in the real estate market.  Today, these two solutions for troubled homeowners are everyday terms that describe everyday occurrences.  Today’s real estate market is truly unique in that the slump is national in scope and ... http://www.deangraziosi.net/short-sale-vs-foreclosure.html It seemed a reasonable solution to an unexpected problem. The most recent homebuyer tax credit required buyers to go to contract no later than April 30th, 2010.  Buyers also had to close on their new purchases no later than June 30th 2010.  It all seemed simple enough.   The ... http://www.deangraziosi.net/political-infighting-kills-june-30th-tax-credit-extension.html Before your short sale is concluded, the lender will require a Broker Price Opinion (BPO) from a broker with whom the lender does business.  This BPO is often a sticky point in short sale negotiations.  Many real estate companies are now pushing for legislation to make short sales ... http://www.deangraziosi.net/working-the-bpo.html What every investor would love to know is the lowest price the bank will accept in an REO transaction.  In the first quarter 2010, REO’s in the state of Florida sold 37 percent below market value.  Those are numbers that investors like and that is one of several ... http://www.deangraziosi.net/factors-that-determine-reo-pricing.html Existing home sales fell 2.2 percent in May.  As many buyers doubtlessly rushed to get under the April 30th homebuyer tax credit, many economists thought the downturn might be even sharper.  The drop in new construction was deeper than expected and much more severe than the drop in ... http://www.deangraziosi.net/may-sales-report-not-all-bad.html There are many reasons the rental market is hot.  The instability of the labor market is just one of those reasons.  The instability of the real estate market and the fact that homeowners are walking away from their underwater homes also impact the rental market.  When a buyer ... http://www.deangraziosi.net/hundreds-of-thousands-of-reasons-to-buy-not-rent.html In 2009, commercial loan defaults hit their highest level since 1993 and astonishingly doubled the number of 2008 defaults.  In the fourth quarter alone, the commercial default rate rose 3.8 percent.  In 2009, multi-family property default rates climbed from 1.8 percent to 4.4 percent.   Default rates for all combined ... http://www.deangraziosi.net/commercial-loan-defaults-surge.html There are many theories about how to succeed in real estate investment.  There are high-risk strategies, low risk strategies, new-age theories and proven strategies.  As we have advocated in numerous articles, every investor needs to define their own strategy.   We recommend one of three well-tested strategies.  If the property ... http://www.deangraziosi.net/three-dependable-investment-strategies.html Once the borrower has received the Notice of Default and the notice has been posted publicly and usually printed in the local newspaper, the formal foreclosure process is in motion.  The borrower’s failure to comply with repayment terms has activated the mortgage’s acceleration clause and the lender requires ... http://www.deangraziosi.net/the-sheriff%e2%80%99s-sale.html Lawrence Yun is the Chief Economist for the National Association of Realtors, the nation’s largest trade organization with 1.2 million members.  In early September, Mr. Yun offered members his views on the recession, the recovery and the status of the national real estate market.   From an economist’s perspective, the ... http://www.deangraziosi.net/the-national-association-of-realtors.html