To the ones that defend my rights to be what I want to be. . .
To the ones that defend my rights for opportunity
To the ones that valiantly fight to keep my family safe. .
Thank You Thank You Thank You
If you have family in the military.. . .also, I want to thank you for your sacrifice
MERRY CHRISTMAS from my family to yours. . .
Monday, December 17, 2007
Saturday, December 15, 2007
SURPRISE. .
REVELATION
Historical Real Estate Prices
Average Median Price
All the way back from
1967 – to Present
Drag your mouse at “START”
Left click pressing . .
Take mouse to
To the TOP
In 2008 DO NOT COMPLAIN! REAL ESTATE ALWAYS GOES UP!
2007-$300,000
1997- $150,000
1987-$100,000
1977-$45,000
1967-$35,000
START
Historical Real Estate Prices
Average Median Price
All the way back from
1967 – to Present
Drag your mouse at “START”
Left click pressing . .
Take mouse to
To the TOP
In 2008 DO NOT COMPLAIN! REAL ESTATE ALWAYS GOES UP!
2007-$300,000
1997- $150,000
1987-$100,000
1977-$45,000
1967-$35,000
START
Buy Real Estate 30 CENTS ON THE DOLLAR !!
BUY REAL ESTATE 30 CENTS ON THE DOLLAR
My Take in Bulk REO ( Real Estate Owned) purchases from BANKS
There has always been institutional buyers of Bulk REO Portfolio's in the past. They negotiate with banks directly and receive substantial discounts when they purchase REO packages sometimes paying as little as 50 cents on the dollar. The reason for this is because they have the capital and resources to purchase Bulk REO Packages of $10 million dollars ands sometimes more per transaction. Banks holding these foreclosures in their possession want a quick solution and they favor these institutions over single lonely investors like you and me for obvious reasons. The sub-prime crisis has created a bonanza of opportunities and companies. They specializing, quickly I may add in pooling money from Mom & Pop investors like you and me to buy a huge chunk of foreclosures in one single step. A caveat is that as an investor, you basically do not have ownership of one or two properties but. . The group of investors own ALL the properties and share in the profit or losses of each acquisition. There is no hands on involvement form you as a real estate investor and essentially it is just like buying stocks in a mutual fund that uses 100% of the money to buy a bundle of REO's and pay the fees.
Buyer beware, I noticed lately a huge increase in companies coming up with crazy unsubstantiated claims that they can purchase properties as low as 30 cents on the dollar. After they take your money and 6 months later, you may find out that your money was not buying REO's but purchased a nice Villa in Costa Rica for the scam artists.
I recently decided that I should get in the action and went after information to do just this; to purchase bank foreclosures from a bank. I found out that the capital needed was upwards of the ten million range. I can always put my money with a company that specializes on this . . but I lose control. I can see the potential for enormous profit, but for now, I will stick out and rely heavily in my real estate experience.
As a Realtor that loves to put together a purchase for my investor clients There is no better satisfaction than a high five to my client four months later . . .after leaving the closing table with a big fat check and the knowledge that I just got another client for life!
If you are looking for a investment property, a rehabber, a short sale of just want to find a bargain home for you and your family, in Maryland, DC or Virginia there is only one numebr you should call, 240-426-5754 and talk to Fernando.
Our Website: http://www.herboso.com
My Take in Bulk REO ( Real Estate Owned) purchases from BANKS
There has always been institutional buyers of Bulk REO Portfolio's in the past. They negotiate with banks directly and receive substantial discounts when they purchase REO packages sometimes paying as little as 50 cents on the dollar. The reason for this is because they have the capital and resources to purchase Bulk REO Packages of $10 million dollars ands sometimes more per transaction. Banks holding these foreclosures in their possession want a quick solution and they favor these institutions over single lonely investors like you and me for obvious reasons. The sub-prime crisis has created a bonanza of opportunities and companies. They specializing, quickly I may add in pooling money from Mom & Pop investors like you and me to buy a huge chunk of foreclosures in one single step. A caveat is that as an investor, you basically do not have ownership of one or two properties but. . The group of investors own ALL the properties and share in the profit or losses of each acquisition. There is no hands on involvement form you as a real estate investor and essentially it is just like buying stocks in a mutual fund that uses 100% of the money to buy a bundle of REO's and pay the fees.
Buyer beware, I noticed lately a huge increase in companies coming up with crazy unsubstantiated claims that they can purchase properties as low as 30 cents on the dollar. After they take your money and 6 months later, you may find out that your money was not buying REO's but purchased a nice Villa in Costa Rica for the scam artists.
I recently decided that I should get in the action and went after information to do just this; to purchase bank foreclosures from a bank. I found out that the capital needed was upwards of the ten million range. I can always put my money with a company that specializes on this . . but I lose control. I can see the potential for enormous profit, but for now, I will stick out and rely heavily in my real estate experience.
As a Realtor that loves to put together a purchase for my investor clients There is no better satisfaction than a high five to my client four months later . . .after leaving the closing table with a big fat check and the knowledge that I just got another client for life!
If you are looking for a investment property, a rehabber, a short sale of just want to find a bargain home for you and your family, in Maryland, DC or Virginia there is only one numebr you should call, 240-426-5754 and talk to Fernando.
Our Website: http://www.herboso.com
Sunday, December 9, 2007
FIVE REASONS Why Should You Buy A Home For Investment Right Now. .
Buying a home can mean building significant equity value through the years. Yes, it’s been a rough 2007 for most of us. . but the “ Law Of Gravity” for Real Estate has always been upwards.
You should think carefully about how much you can afford to spend and consider that guidelines from banks are now very tight. .and consider that today, INTEREST RATES are at it's LOWEST since 2004!
Working with your lender is a good way to determine how much house you can afford to buy to keep focus. . Most lenders would welcome an exclusive meeting with yourself to advice you in countless options as far as money is concerned. Take advantage, use their experience. I promise you they aren’t busy right now and they will even do research for you.
Inventory is at historic levels. . . . If you can convert your current home to an investment property and buy your dream home today. . .you will be in an enviable position to upgrade your castle at rock bottom prices. In addition your mortgage payments will be low because of the current interest rates.
Schools, taxes, services, crime rates, transportation, and zoning are important considerations when selecting a neighborhood. By choosing us to represent you in buying your next home, we will consult with you to help you find just the right property for you.
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