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1 Articles match "Balloon Payment","Nevada","November"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. On one deal, I knocked on a door of a homeowner who had a small mortgage, but there was a balloon payment due on a private money lender,” said Geritano. “We We paid off the balloon, took title to the property for $20,000, and then we brought in some wholesale investors, who purchased it for $28,000. Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
|
-
Secrets of Pre-Foreclosure Investing
In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. On one deal, I knocked on a door of a homeowner who had a small mortgage, but there was a balloon payment due on a private money lender,” said Geritano. “We We paid off the balloon, took title to the property for $20,000, and then we brought in some wholesale investors, who purchased it for $28,000. Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
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