Homes For Sale

Buying distressed real estate isnt just for savvy investors — its also for smart homeowners.

If youre in the market for a new home for your family, it just makes sense to shop smart. Why pay full price for a property when you can pay pennies on the dollar?

The secret lies in distressed real estate. The condition of these properties tends to depress the list price. I

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Realtor safety is one of those things that we all worry about from time to time.

It is back in the forefront again after a shooting at an open house that took the life of 27 year old Ashley Okland who was shot and killed on Friday in West Des Moines while holding an open house. Police are continuing their investigation. No suspect has been identified according to the Des Moine Register.

With REALTORS often in contact with people they do not know, either at open houses or with buyers who often contact them via the internet or by phone, they are often vulnerable to these types of safety issues.

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For this week, the direction trend in mortgage rates is all about Greece. The Greek parliament is scheduled to vote on new austerity measures Wednesday, a precondition of any European Union bailout. It is almost guaranteed that this measure will pass, as Greece has no other real options, and Germany and France have made it clear that they will not sign on for any more debt relief if the measure doesn’t pass. The mobs in the street are not likely to appreciate this, and the investors in Greek debt aren’t happy either. Creditors, including all the big European and US banks, will lose about 70% of their initial investments.

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You might be amazed to find out that at least in so far as the real estate business is concerned, these terminologies have nothing to do with the sale of alcoholic drinks. Both wet and dry funding refers to the differing periods after the loan is regarded as closed when a new buyer can take ownership of the property.

Depending on the laws of the particular state where the mortgage occurred, “wet settlement laws” need lending banks to distribute funds after a certain period of time has passed from the closing date of the mortgage. Variations in the law can cause disbursement times to vary from the day of settlement to within two days as soon as closing. Deliberately invented to protect the consumer versus bank fraud, these laws prohibit lending banks to delay funds dispersal after the necessary papers have been signed.

The terms “dry funding” and “wet funding” are slang and pertain to the state where the funding was initiated. Full article…

“We were introduced to your program by Gil Bivens of Aztec Financial in Phoenix, Arizona. The entire process was surprisingly very simple. When Gil gave us an initial presentation about the program and how much money we were going to save, it was hard to believe that the bank would allow us to sell our house to an investor and allow us to buy it back at its market value, which was estimated at about $30,000.00,pared to what we owed $152,000. We can now buy our house back for about $36,000 for a huge savings of about $116,000. Our monthly payment went from $1,064 to $639.00. Overall, we love AHP for helping us save our home. Bottom line, we are blessed for what AHP has done and would rmend anyone, going through tough times to take a chance and let AHP help them.”