Landlord Newsletter June 21, 2011 |
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Subscribe to Our Free E-mail Newsletter June 21, 2011 Dear Fellow Landlord, In this issue:
Please e-mail us if you have any questions or would like to add or share any material / information. How to Sell a Home with No Equity by Phill Grove Understanding How to Sell a Home with No Equity in Today's Economy Provides a Valuable Service to Everyone Do You Know How to Sell a Home with No Equity in Today's Market? Consider this scenario: As a real estate professional, you find a distressed homeowner who wants to sell his or her house but has no equity. The market value is $125,000 and the mortgage note is $124,500. If they sell conventionally, the seller would have to pay closing costs, and that would run them close to $10,000. The seller cannot pay $10,000 to cover Realtor fees and other closing costs. If you understand how to sell a home with no equity, then you make this real estate transaction occur, and the seller, new buyer, the neighborhood, and you all win. If not, then this distressed seller's house will go to auction, and everyone involved loses. The difference between foreclosure and a successful sale is the knowledge of the real estate professional. If you don't understand how to sell a home with no equity, then you owe it to this industry to educate yourself, or you will be providing a disservice to all real estate professionals. How to Sell a Home with No Equity | The facts If the answer is 'I don't know' or 'I can't sell this house', then you are leaving hundreds of thousands of dollars on the table. In fact, you're doing a major disservice to the industry and every homeowner because your lack of knowledge is leading to more foreclosures... click here for information on How to Sell a Home with No Equity About the REI Maverick, Phill Grove: Phill Grove’s claim to fame is that he has conducted over 1,000 short sales over the last 8 years, as well as 200 other residential & commercial transactions. More recently, Mr. Grove has become a highly sought after speaker and trainer in real estate investing circles nationwide, teaching his ’12 Ways to Buy and Sell Real Estate’ and most recently his ‘Assignment of Mortgage Payments System.’ The Assignment of Mortgage Payments system is designed to teach people how to sell a home with no equity. His Phillosophy (pun intended) is that “the biggest opportunities for wealth exist for those that solve the biggest problems during the biggest times of need, and there has never been a bigger opportunity than now to grow rich while helping others.” If you're interested in learning more on how to sell a home with no equity, then please visit www.REIMaverick.com today.
The Truth Behind what Some Tenants SayYou will Never Hear your Tenant Say ...
Click here to see what they usually say! Click here to see what they usually say! Click here to see what they usually say! Click here to see what they usually say! Click here to see what they usually say!
The Landlord Protection Agency® is proud to introduce John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.
John Reno also does Mortgage Loan Modifications (Nationwide). Dear Mr. Reno: A: Yes, you can sue them, but as for your second question, you're out of my area. We can sue 'em, but you have to find 'em. If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question. Tenant ExcusesMy reply: "I will come and pick it up." Their reply, "We didn't go to the bank yet, we lost our H & R Block card. It takes 7 days to get a new one." Funny part is it was 4:00 in the afternoon and it was still light out. - Brenda, Dubuque, IA "I was at the bus stop and had your money order in my hand. The wind blew it out of my hand and into the street. A bus drove over it and it stuck the wheel." I inquired about a late rent payment and this was the 'reason'. Bear in mind that this was a day or two after a major WI snow storm. - Aldo, Milwaukee, WI "I will not pay rent until you replace that noisy refrigerator. It keeps me up all night."
I've heard the fridge and it is not loud. The tenant's unapproved dog makes more noise. I have sent the LPA Lease Violation Notice. - Carman S., NV
Did You Know...? If you ordered any LPA forms in the past 60 days, the LPA will credit back to you the cost of those orders when you email us your new LPA Membership order #. comes with all 2 - 5+ year LPA Memberships Be a more powerful landlord - able to handle just about any landlord / tenant situation in a professional way, saving you time and money. ALL FREE with LPA Membership! Yes, this offer also applies to LPA membership renewals! Having all the forms all on disk is a handy time saving convenience. LPA Membership Expiring? |
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