Hi, I’m Mike Smith, Real Estate Investment Coach and today we are discussing foreclosures in a subdivision. FOLKS, DEALS ARE OUT THERE!! See what you think!
HudForeclosureReports.com
Duration : 0:2:28
[youtube 7xxgNjTfoN4]
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My father past due …
My father past due to all the stress my family is in a law suit with these ppl we protested to day in fron of Bank of America down town LA in California sad to see the LA council women their for the car expo n didnt bother to c wat was goin on ……We will be protesting again next Monday MAY 17TH 2010… 333. s. Hope St. time for Cali to step up….. STANDING UP FOR EVERYONE NOT JUST MY FATHER
Without landlords, …
Without landlords, renters would be squatters– they would be homeless. Please don’t be angry with the RESPONSIBLE people who purchase foreclosed property.
Listen to all the …
Listen to all the naysayers… Please know that Real Estate investors provide a valuable service in offering properties for rent. Without landlords, renters would be squatte
You think this way …
You think this way yourself? Then you should give your house to homeless people. I thought you haven’t. Business is Business and people always suffer. That’s Life, get over it, or you will never be successful.
how much profit is …
how much profit is involved with the short sale business with a average house somebody please with me a example.
Finally there is a …
Finally there is a smart person.
And what of the …
And what of the people that used to live in these homes? Why aren’t we looking at the real issue here?
It’s always better …
It’s always better to rent, UNLESS you have cash money to buy outright and not have to pay HOA’s
Why don’t you show …
Why don’t you show the families who are been affected by all of this while you BOAST on the fact that those homes can be purchased for a GOOD price. I pray that you will have a little more compassion and stop talking GREAT OPPORTUNITY for somebody and make a difference some other way. Families are been left homeless and you have nothing better to do. Every pig will have his day to bathe in mud!!
89? During the …
89? During the savings and loan crisis?! You bought a home with 18-23 % interest rates? Most people then would have said it foolish to buy. But 20 years later you’ve made 200k… maybe this year… and next your market value will be stagnant but in ten the extra 100 a month you spend on your own mortgage… will pay infinitely. As did yours… correct?
OK, what i didnt …
OK, what i didnt say is i already own my home. I bought it in ’89 when it was at only 40,000. what i meant is if you bought a house now, it would be cheaper to rent it than to make the house payment. I couldnt actually make the rent or the house payment because i lost my job as a drywall finisher when housing here in southern oregon went into depression! So, at least here, its better to rent something a person with a job (not me) can afford and qualify for. I hope this is a little more clear.
It would be foolish …
It would be foolish to buy in correcting market… based on emotion… but based on #’s is a different story. Real Estate will never go away its never going to disappear. The RE market will always be… because WE will always need housing. Homes will always be worth a least what it cost to construct them. The GUY you’re renting from… knows that and he’s making money off you! I’ll teach you how to get out of the Lessee spot and into the Lessor!
well, at least in …
well, at least in my area it is still less expensive to rent than to buy.. Why buy a home at X value when it will be in decline for the newt few years? So, the answer to your question is now.. Now can be compared to the great depression, declining home values. To buy in this market would then be foolish.
When in history has …
When in history has it ever been better to rent a home? The great depression?
If you buy now, you …
If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, “I’d like to open an account for minus (-)$100K”. After years of deposits adding up to $100K you will have $0 in the account. Silly isn’t it? Well that is exactly what you will be doing if you bought a house right now
dont get to excited …
dont get to excited to buy even at the 140 thousand you mentioned.. The prices will go even lower. Until a complete correction in prices arrives its better to rent a home.
this is so sad – …
this is so sad – nice area too
Super Low Rate in …
Super Low Rate in Florida Mortgage
You SWINE, during …
You SWINE, during the Depression people banded together to STOP foreclosures. They didn’t sniff about like jackals, hyenas and rats to make money.
What is forclosure? …
What is forclosure? does this means the seller loose a lot? Is it ethical to buy a house so lower than the actual cost? can someone tell me how it works?.tnks for this vedio, new infos 2 me.
Click my name and …
Click my name and watch my videos to see us make $10,000.00 in just 2 hours flipping a house.
Very eye opening! …
Very eye opening! I want you to know I went to the website and GOT SIGNED UP! Keep up the good work and let everyone know that they should have their own coach!!
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