Buyers and investors operating in San Diego continue to report being outbid, even when offering more than the asking price. So is the San Diego market too hot, or is something else going on? Is flipping San Diego properties still as profitable as it was in the past? It’s worth noting that some of these...Read More
According to a new report, 46% of modified home loans under the government HAMP program (2009) are re-defaulting. On top of this, 38% of the modified home loans made in 2010 are also defaulting again. With the number of these loans re-defaulting, investors can capitalize on the situation while helping distressed homeowners. One of the...Read More
There is plenty of financial advice pertaining to flipping San Diego houses, but tips for structuring a real estate partnership are harder to come by. Whether you love or hate the idea of having a partner, more investors will find them to be a necessity that is vital for survival. Establishing a partnership for flipping...Read More
There are still many short sales, borrowers in foreclosure, and a good number of homeowners entering the foreclosure process in San Diego. Despite statistics showing a significant decline over the last few years, a San Diego foreclosure deal or short sale is not too hard to find. Some have neglected to take action, thought values...Read More
Flipping houses has become increasingly popular in certain parts of the country because of the profit margins made available by the new housing boom. Locations like San Diego are experiencing a revolution with this particular method of real estate investment. If you want to partake, it is important to understand the following house flipping tips....Read More
How might rising mortgage rates actually help investors flipping real estate? First off, they create a lot of urgency among sellers. This makes them more motivated to close deals fast. This includes individual homeowners with equity, in foreclosure and attempting short sales as well as banks with REOs and non-performing loans. Secondly, high rates make...Read More
What tips can investors and homeowners learn to sell homes in San Diego? Acquiring the right information can give anyone an advantage in this competitive market. While home prices are heading up and available housing inventory has been shrinking, there is no question that mortgage lenders are speeding up the foreclosure process when they can....Read More
While those flipping property in San Diego may have access to transactional funding for wholesaling homes, few may use conventional mortgages on a regular basis. Remember that there are many advantages of using this leverage. However, mortgage interest rates are on their way up and hard money lenders will certainly follow this trend as their...Read More
Price is one of the most important factors when deciding how to sell your San Diego home. You’ve no doubt heard it before, but the importance of this cannot be underestimated. Over pricing your home won’t mean that you’ll get the chance to negotiate with potential buyers. Once you are beyond a certain range, your...Read More
While there are always new foreclosures being filed across the country, some homeowners have been procrastinating. Some thought help would fall out of the sky or magically appear in their mailboxes, lenders would be more eager to work with them, the government would do more, or their home values would have risen faster. Unfortunately, for...Read More