The singular key to real estate investing is making lots of offers to motivated sellers. In order to make offers to motivated sellers investors first have to find them. An area of intense focus by investors is targeting people that have fallen behind on their mortgage payments. This period of time is often referred to as pre-foreclosure. It is not uncommon for people that go into default to start hiding from the bank by not returning phones calls, ignoring mail correspondence, etc. This is a big mistake. It is important […]

January existing home statistics were released with some interesting and revealing trends. The best part about the numbers is they reveal promising trends for investors. The inventory of unsold homes increased 5.5% from December 2007 to January 2008. Inventory levels from January 2007 to January 2008 were up 18.4%. That means there are a lot more houses available for sale now then there were a year ago. What does that mean for investors? More motivated sellers. It is more difficult to sell a house now, so when someone has to […]