Happy New Year - 2008 Things Are Changing In Foreclosure Investing

By
Services for Real Estate Pros with Angle Consulting

It is almost 2008 and it is time to really take a really good look at your foreclosure investng strategy for 2008.  I was reading an interesting email today from at realestateinvestor.com.  Colin, the administrator of the forum made some reall interesting points about the future of foreclosure investing in 2008.  His thoughts indicate that things are rapidly changing in the world of short sale investing. Title companies are getting tougher on underwriting short sale flips, see this Private Letter.

If you want to maintain the level of your foreclosure and short sale business in 2008 you will need to stay on the cutting edge of short sale technologies and also maintain the level of your education.  You will also need to more effectively utilize Realtors and private investors in your business. 

I will do my best to keep my readers ahead of the curve, on both foreclosures and short sales. As my company works on new and more creative ways to do business in the current and future market place I will keep you up to date.

With this in mind I truly wish you and yours a very Happy, Healthy and Prosperous New Year!

Yours in Success,

Dick Weiss

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Ambassador
802,035
Russ Ravary
Keller Williams Commerce - Commerce, MI
Metro Detroit homes - Michigan Real estate & Mortg
It is good that banks are so tough on title work now.  That was one piece of the mortgage problem that drove prices up and inflated homes in low income areas.  Especially when the homes were not really worth it and the mortgage people and the appraiser were working together to up the values.
Dec 31, 2007 07:42 AM #1
Rainer
333,112
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo

yes they look so nice but Foreclosures are such tough on to stomach.

 
Jan 23, 2012 12:07 AM #2
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Richard Weiss

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