Our eBook highlights “18 options to Avoid Foreclosure”, which we will be sharing with you through this blog. Please feel free to post questions and comments, it is easy to learn by studying, but it is through discussion that you begin to understand.

This is only one of the many useful sections of this 50-page eBook. If you are interested in picking up a copy of this coaching guide, please visit http://www.avoidforeclosurehowto.com.

Originally posted 2007-11-30 09:12:51. Republished by Blog Post Promoter

In the spirit of Halloween, I’d like to ask you a question…

Are you afraid?… afraid to make the leap into this wild ride called – (Oooh, dare I say it?) …

Real Estate Investing…

Are you avoiding making an offer? Are you thinking you won’t have the money if you did make an offer and it was accepted? Or what if you can’t find a buyer?

Wow – so many things can go wrong!

Well, if you are afraid- you are not alone. I’d like you to read on to see if there is anything I can say to help you move along with that fear to find the success and happiness I have found both financially and personally from real estate investing.

You notice I said move WITH fear…not get rid of the fear. If you wait for the fear to go away – you may never move forward. A lot of us are afraid to try something we have not tried before. What divides those who actually succeed from those that don’t is this… successful people don’t let that fear stop them.

Grab this free gift designed to help you keep moving!

I am typing this article from my customized, comfortable home-office. I love being able to have the flexibility to do this stuff from wherever  I am at….and today I’m at home. I will be here when my 11 year old daughter gets home. I will give her a hug, make her snack, ask about her day and help her settle in to her plans – then head back to my office – right upstairs. (Or maybe I won’t?) I have the flexibility to do what I want to do. This time freedom is one of the biggest reasons I love real estate investing. The flexibility it gives me to be in another state or at home….and my business moves forward. I can do it from anywhere!

I’d like to ask you a question why do you think so many people read articles like this, get on teleconferences, pay a lot of money for trainings and attend seminars about real estate investing?

Answer…
Because we want to learn the safest, quickest, easiest way to make money!

Exactly!

So do you want to make A Little money or A lot of money?

Answer:
A lot of money!

Now – the big question…Why do YOU want to make money?

• To acquire wealth for our retirement (Can’t depend on SSI)
• To accumulate for our children’s education
• To obtain financial independence (Hopefully before retirement)
• To enjoy a more affluent lifestyle – bigger house, cool car, travel, etc
• To give back to others in need

Any one of these could be reasons for wanting to make more money…or maybe you have other reasons.

This is the most important step of all steps you take on your path to profitable real estate investing (or any new endeavor).  You must know your reasons (or your goals) in order to stay on this path called real estate investing!  When you know your “why” you are able to keep your “eye” on the goal as you are doing the stuff it takes to become a wealthy real estate entrepreneur.

If you aren’t clear on your “why”…stop right now and make a list of what you want. Why do you want to profit from real estate investing?

Let your mind go crazy – step out of your comfort zone. If money and time were not an option – what do you really want?

______________________________________________________________________

Write down a list of what you would “DO-BE-HAVE”… if you had more money!

Go Here to grab this form created by Mark Victor Hansen. It will help you to drill down on your reasons… stretch your mind to really dream about what you and those around you will gain when you make money through real estate investing.

Knowing your “why” is the launch pad for your success…  Click Here to grab this form.

Now, Imagine Making Offers for Real Estate with a crystal clear picture of your much anticipated and deserved profits.

Stay tuned for my next few blog posts showing you how….

Click Here to receive an RSS feed to have these posts sent to your reader directly.

Have a safe and happy Halloween Weekend!

Tamera Aragon
http://www.MassiveProfits4REI.com

Originally posted 2009-10-30 16:35:32. Republished by Blog Post Promoter

(Available on a very limited number of VA loans with lender and/or investor approval) (Called Recast for FHA)
Definition: A restructuring of loan that could result in a lower interest rate, extending the term of your loan, thereby lowering your monthly mortgage payments.

If you have incurred a long term financial hardship and can afford a new agreed upon payment, this might be an option for you. A loan modification is a permanent change to your mortgage. There are costs and fees associated with a modification that you will be responsible for. All property taxes must be current or you must be participating in an approved payment plan with your taxing authority to be eligible for a modification. Any additional liens or mortgagees must agree to be subordinate to the first mortgage. All requests are subject to your lender’s approval.

A loan modification is easier to arrange prior to the Mortgage Company filing a foreclosure lawsuit. Some lenders will not consider this after filing, but it’s worth trying.

For more coaching on How to Avoid Foreclosure

Originally posted 2008-06-24 11:53:22. Republished by Blog Post Promoter

Originally posted 2007-09-13 11:10:03. Republished by Blog Post Promoter

Definition: Joint ownership of a property by one or more owner-investors and one or more owner-occupants. The owner-investors get the benefit of depreciation, and the owner-occupants can treat a part of their monthly mortgage payments as rent, and benefit from tax write-offs for interest and property taxes. When the property is sold, both types of owners share in the profit or loss realized from the sale or refinance.

This might be for you if there is some equity in the house and you would like to continue to hold it. It is vital you involve an attorney to put this together assuring all documents are formally filed correctly, protecting your asset. The benefit to you in utilizing this option is you are able to keep your house and lower your payments. Since the equity sharing partner would see the value of their investment at a later time, a plan for this would need to be in place in agreements filed with attorney, at time of sale.

Steps:

a. Partner(s) put up part of the required cash to cure foreclosure
b. Partner(s) pay part of monthly payment
c. Partner(s) get some percentage of ownership
d. Partner(s) get their money out at refinancing or sale down the road

Click Here for more coaching…

Originally posted 2008-01-11 08:51:08. Republished by Blog Post Promoter