Category Archives for Flipping/foreclosures

Bubble, Schmubble – Flipping Works in ANY Market!

For years, hot-shot speculators made huge profits flipping condos in Florida and Vegas before they were even constructed. All the while, the naysayers in the ivory towers of Wall Street and academia warned of a “housing bubble” that was sure to burst as all bubbles do. When Fed chairman Alan Greenspan said that national real […]

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Disclosure on Short Sale Flips – New!

by Attorney William Bronchick Short sale flips – the process of shorting a property then reselling it for a cash profit in a simultaneous closing – has been taking heat lately from title companies and real estate brokers. Realtor blogs are filled with drivel about how these transactions are illegal or unethical. What’s the real […]

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Flipping Properties for Cash Profit

Real estate, like any other commodity, is bought and sold every day of the week. Many people become real estate agents because they know a small piece of a large pie means big bucks. Agents help facilitate a sale by finding a willing buyer for a willing seller, earning a commission of approximately four to […]

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How to Find Motivated Sellers

by William Bronchick, ESQ When investing in real estate, you want to focus your efforts on how to find motivated sellers. This is true especially if you are just starting out. and dealing with motivated sellers makes the process go even faster, which means cash in your pocket sooner rather than later. Motivated sellers are […]

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The Basics of Foreclosure

Foreclosure is the legal process of the mortgage holder taking the collateral for a promissory note in default. The process is slightly different from state to state, but there are basically two types of foreclosure, judicial and non-judicial. In mortgage states, judicial foreclosure is used, whereas in deed of trust states, non-judicial foreclosure is used. […]

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Buying at the Foreclosure Auction

Perhaps the most well-known method of obtaining foreclosure properties is buying them at the auction. The foreclosure auction is a live bidding process, just as you may have imagined. The auction is typically conducted at a public place, such as a courthouse or even at the property itself. In some states, the county Sheriff or […]

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A Review of the NCLC’s “Dreams Foreclosed” Report

The National Consumer Law Center recently published a report called “Dreams Foreclosed – The Rampant Theft of Americans’ Homes Through Equity-Stripping Foreclosure ‘Rescue’ Scams”. It is being paraded around the media as an objective study of the foreclosure market and all the bad people who are taking advantage of homeowners. In the vein of a […]

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“Illegal” Flipping & Lender Seasoning

There has been a lot of negative press and misinformation about double–closings. Many people have been indicted recently under what the press has labeled “Property Flipping Scams.” Misinformed lenders, real estate agents and title companies will tell you that double–closings are now illegal. In fact, they are nothing of the sort. A double closing is simply […]

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Foreclosure Consulting Laws (Video)

Foreclosure Disclosures

Foreclosure Consulting Laws William Bronchick’s FORECLOSURE INVESTING BOOT CAMP

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What Does a Rehab REALLY Cost?

Time, Money, and Sweat – What Will Rehabbing That House REALLY Cost You? by Attorney William Bronchick It takes more than home improvement know-how to make the big bucks in rehab properties. In order to be a successful investor, you need to know what needs to be repaired – in addition to knowing how to […]

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