Yes, it’s true that property values have gone down in many places nationwide, and it is much harder to sell houses because fewer people can qualify for a loan.  You might have experienced depreciation with your personal residence or investment properties as a result of the housing crash, too.

 

But I’m here to tell you that it’s still possible to make money in real estate TODAY.  You don’t have to wait for years until the market corrects again.  Here’s what I would do:

 

Real Estate Money Method #1:  Wholesaling Houses

 

Did you know that you can make money from finding a great deal, without even buying the property?  It’s called wholesaling, and it works great in a slow market because it passes the burden of getting financing, fixing it up, and trying to sell it to someone else.

 

Basically, you find a house that can be bought far below market value.  Then, you find an investor willing to buy it for a little more than what you’ve got it under contract for.  You can sell your contract to them or have what’s called a “simultaneous closing” and pocket the difference in just a few weeks.

 

Real Estate Money Method #2: Buy & Hold

 

If you’ve got the means on financing houses long-term, why not buy as many as you can right now while they’re far cheaper than they used to be (and will be again)?  You only lose money on a deal when you sell, so don’t sell!

 

Since it’s hard to get a loan these days, many people who would like to own a home cannot, and must therefore rent.  For you, this means getting tenants is easier than before, so buying and holding will be a simpler and more profitable way to make money in real estate in the long run.

 

Real Estate Money Method #3: Loan Modifications

 

Because of the housing crash, there are a lot of homeowners who are behind in payments.  Did you know that you can get paid up to $3,000 to negotiate a “loan modification” between a homeowner and their mortgage company?  Because of this, it makes sense to contact homeowners who are in default, and then, if you can’t buy the house, try modifying their loan instead so you can still make something.

 

These three methods work in all market cycles, but are particularly helpful right now.  I recommend learning all you can on these topics and try them for yourself!

 

 

Click Here: http://stinkymarketreport.net — to receive a free copy of my interview with a $100,000,000 investor on making money in a slow real estate market — Dramatically increase your real estate investing profits by learning how market cycles REALLY work.  Or, for info on Alan Brymer, go to www.AlanBrymer.com

We will start with Google Analytics
So what is Google Analytics ?
The basic definition of Google analytics - Google Analytics is a website analysis tool which provides in-depth reports about web traffic to your website. It shows you how visitors reach your site and how they interact with your site’s content.
The next question which comes to our mind is what is the process Google analytics follows to give us in depth reports?
It allows all webmasters to put in a tracking code on the root server of their website ,and subsequently verifies it.Once the verification is done by the Googlebot – it starts producing daily reports of people coming to your website.The tracking code to be uploaded is given by Google analytics after you have logged in to your analytics account. and asked for analytics report of a new website(your gmail account can also act as your analytics account).There isn’t any limit on the number of website you can mange through one analytic account.

What are the different reports google analytics can generate for me ?
There are 3 major type of reports which google analytics provides the webmaster
1> Visitors Report – this provides you with geographic variables of the visitor and if he is a unique visitor or not.
2> Traffic Sources Report – This reports mainly tells you about the different sources from where a visitor is coming to your websites and for what keywords search engines send you visitors and how many
3>Content Analysis Report – This report analyzes the top content and as well as best landing pages.

Now how can a loan Modification company use these reports to strategize their SEO efforts .
1> A Loan-Modification Company can know which keywords are sending the most traffic to them
2> They can also analyze which referring sites are giving the best results ,thus curtailing their efforts to a selected few.
3> Once they have at least 2months consolidated reports for content ,they can identify the best performing web-pages for them and then try and put all relevant information regarding loan modification therein.

Infact Google Analytics would help the loan Mod company to actually trace out the path ,they want the distressed homeowners to follow.Thus creating a much better online experience and increasing their chances with lead conversion.

next week i would writing another article about advanced Google analytics and Google adwords.

If you have any question please feel free to email me

8 WAYS TO PROFIT FROM ONE FORECLOSURE

© 2007 by Tony Youngs

 

 

 

As I write this article, I have just returned from a foreclosure auction. I like to give the most up to date information on what’s happening in the foreclosure market. About four weeks ago, I obtained a new list of the foreclosures for the county I live in and as always, I highlighted the ones in my zip code and plotted them on a map. There are usually forty five to sixty every month in a five mile radius, this month there were forty four.  Last month there were sixty. I don’t know for sure, but there may be a decrease because I read somewhere on the internet that the government is asking lenders to avoid foreclosing unless there is no other way. If that is the case, In the future that will mean that the ones in foreclosure are the ones with no other solution, and more owners may be willing to accept offers.

 

There are several ways to contact the owners. You can send letters, call on the phone, put out signs, or pay a visit. I myself like to drive out and see all the ones in a five mile radius, and pay a visit. By doing this I find all sorts of opportunities. This has been a routine for me for the last 19 years or so. It keeps me abreast of the market. Four weeks ago I got my map and started visiting owners. I am finding more and more vacant houses than ever before. People are walking away from their houses and letting the lenders repossess them. Some of them have equity but most are financed to the hilt with 80/20 loans or second and third mortgages. At the auction today, homes were being repossessed by the lenders at a phenomenal rate and very few people were bidding. The few that were sold to third party bidders went for only one dollar over the opening bid.

 

With all these homes going back to the lenders, and homeowners walking away, we investors can provide solutions. The best way to work in todays market is to pick an area and track the properties from before the foreclosure begins until it is occupied by a homeowner,  after the foreclosure auction. Then you can stop pursuing it. There are eight ways to profit from one distressed property.

 

The first way is to contact the owner to see if they want to sell their house. Not all of them want to sell. It’s a numbers game. If they do want to sell you will know. They welcome you with open arms. Investors can buy and close quicker than traditional home buyers and the homes usually need repairs. I only buy houses from people that really want to sell. I start by asking  them if they have talked to their lender to see if they can work something out. Lenders don’t want to repossess houses and are willing to do a workout plan or modify the terms of the loan. But they can’t make it work in every situation. Then I ask if they have talked to a credit counseling agency such as CCCS. I offer a phone number to a helpline so the owner can see if they can help. If the owner has sufficient income, the helpline may work but not for all.

 

In my experience, I have found that modifications, credit counseling, and bankruptcy doesn’t work for everybody that is going through foreclosure and a lot of homes are lost. If they have tried those options and it didn’t work out, or if they they would rather not do those things, I make an offer.

 

A second way is to learn how to do loan modification packages for them. A homeowner can talk to their lender about a modification without our help, but you would be surprised how many don’t or won’t. They want someone to do it for them or they have never heard of it. If an owner doesn’t want to sell the house, perhaps you can assist. The bank does not want to foreclose on them or repossess the home and if the owner qualifies, the bank can modify the mortgage. The owner needs to gather a lot of financial information and they may want your help in doing so. I have seen some owners get turned down and I have seen owners who couldn’t keep up with the new plan and went back into default.

 

A third way to profit and create win win win solutions is to learn how to do short sales and lien discounts. Even real estate agents should learn all they can about them. I am seeing more and more owners list their homes while in default and theres no equity.  The lenders don’t want to keep repossessing houses with no equity. A large majority of homes in foreclosure have no equity and the lenders are willing to discount the balance of the loan so owners can sell before the auction. I believe you will see short sales get faster and easier over the next few years. Why? With the subprime collapse and the increase in foreclosures nationwide, the slow market, and the fact that investors are paying less at the auctions, the lenders are finding it in their best interest to discount these loans before the auction to cut down on the amount of repossessions. It is better for them to take less cash before the auction and then they can lend it out to produce income rather than sit on a property that needs repairs and has no equity. The main problem is the homeowners must be willing to sell their homes. I have been to auctions in other states where the lenders were opening the bid at much less than the balance to get the house sold. A short sale on the steps. Although short sales have been around for years, It will payoff to continue educating yourself as the lenders change the way they process them. They simply don’t have enough staff for the workload.

 

A forth way is to learn how to buy “notes and mortgages” There always has been and always will be homeowners that won’t cooperate. They won’t sell their houses and won’t work with the lenders. They don’t want what you have to offer. Then there are the many who walk away and can’t be found. This is where you can offer to buy the loan before the auction. Lenders sell loans even when they aren’t in default. How much more would it help them to sell a defaulted loan to keep from repossessing a property.  You buy the loan at a discount but it keeps its face value.

If someone bids you get paid, if not you get the house at a discount.

 

A fifth way is to buy it at the auction. If you have been tracking a property and you have not had any results from the first four, go to the auction. Bid on the houses that have equity and keep track of the ones that go back to the lenders. Make sure you know what you’re doing when buying on the steps. Make sure you bid on first mortgages and not seconds or thirds. Make sure there is not a tax deed or certificate and make sure you have done a thorough title search. Remember you are buying in as-is condition and you usually don’t get a chance to inspect the property. Let the buyer beware. There are no friends on the steps.  About eight out of ten houses that get cried out on the steps, don’t get sold to third party bidders. They go back to the lenders, which brings me to number six.

 

The sixth way to profit is to buy these houses after they go back to the lender. I think I can safely say that only houses with no equity get repossessed by lenders.

If they need repairs like most of them do, the lenders have to spend money on repairs that the property doesn’t give back. They list them with real estate agents and pay commissions also. A few years ago while the market was booming, that was not a big problem but today it is. Learn how to present offers with logic and reason. You can get great deals if it makes sense to the lender and  is in their best interest. I submit data and documentation with my offers to show how it is better to sell in as is condition than to lose more money by hanging on. There is no shortage of lender owned properties to make offers on.  I’m in the due diligence stage of  a package deal from a lender where they have 54 properties for sale but you must buy all or none. Their asking price pencils out to $26,000 per property and the majority of them have an after repair value of $80,000 to $100,000. I suspect we will see more of these types of package deals in the future.

 

The seventh way to profit is to continue to follow up on the properties that went into bankruptcy before the auction. The bankruptcy process will stop the foreclosure for a while until the case is settled.  More often than not, a property eventually gets released and ends up heading for foreclosure auction again. If you continue to follow up you will have an opportunity to make an offer before it gets published in the foreclosure list or legal notices.

 

The eighth way to profit is the “Hidden Market” The hidden market is how to find homes that may be heading for foreclosure but are not published in the legal notices yet. There are no for sale signs in the yard, no ads in the paper, nobody even knows these properties can be bought. Statistics say that out of one hundred of your neighbors, four to seven of them are three months behind on their house payments.

That’s only part of the hidden market. There are many more hidden opportunities that you discover while working and tracking the foreclosures in a confined area.

 

If you have ever thought there is too much competition in the foreclosure business it is probably because you have only sent letters.  If you learn to work the eight ways to profit, you will always have a steady stream of opportunity and you will beat the competition if there is any.   

 

Tony Youngs is an investor/mentor and the author of the 8 ways to profit and the “Hidden Market”system.

 

 

 

 

ModifyLoansFree.org Provides a Free Bank Ready Loan Modification Package to Every Homeowner in America

By Scott Edward

Leveling the playing field for homeowners, providing unbiased information, educating homeowners, ridding the industry of quick-buck artists and slashing costs are the goals of ModifyLoansFree.org. ModifyLoansFree.org encourages homeowners to use every available tool to modify their mortgage for little or no cost while bypassing the middleman. A Real American Stimulus Package”.

“There is no secret formula loan modifications companies follow to modifying a home loan. Any informed and motivated homeowner with the proper tools and support can modify their mortgage loan for a fraction of the cost and with less stress than hiring a loan modification company,” says Scott Edward, the driving force behind ModifyLoansFree.org.

Additionally Edward says, “Managing a loan modification company with a broker model and law office processing for the last 11 months, we have watched in disbelief as some of the same participants who enriched themselves at the expense of the nation and homeowners are now profiting again by posing as the solution to the problem”.

“Enough is enough! ModifyLoansFree.org was developed with the express intent of providing all homeowners the leverage, knowledge, tools and practical steps necessary to dramatically increase their chances of obtaining a beneficial, realistic loan modification, regardless of their ability to pay a modification company. This is not as complex a transaction as the so called experts would lead you to believe. However, do not expect your lender to look out for your best interest. Educate yourself and negotiate from a position of knowledge and if, possible, leverage,” says Mr. Edward.

The ModifyLoansFree.org site allows registered users to create a Professionally Prepared, Bank Ready Loan Modification Package including instructions and helpful hints, Free of Charge and is available to every homeowner in America.

This new and unique system will revolutionize the Loan Modification industry. It will provide every homeowner in need the opportunity to apply for a loan modification, without the constraint of paying huge up-front fees to questionable companies. Simply go to http://www.modifyloansfree.org/ to get started on your FREE Bank Ready Loan Modification Package.

The much anticipated public release of this new system is scheduled for Friday, June 12th at 12 noon PST.

ModifyLoansFree.org feels that the time has come for a company to put human interest before profits and become a practical advocate for homeowners trying to find their way out of an unmanageable mortgage payment. Underperforming loan modification companies which charge huge fees, overpromise and under deliver, an unrepentant banking and mortgage community, well meaning but reactionary legislation and counseling agencies whom are compensated and therefore beholden to the banks have by any reasonable analysis become part of the problem and bewilder most homeowners.

ModifyLoansFree.org seeks to help any homeowner in America obtain a beneficial mortgage loan modification by offering FREE assistance in the form of a self completed Bank Ready Loan Modification submission package. They can provide you with a way out and help put you back on track to affordable mortgage payments WITHOUT the average $1,500 to $5,000 price tag charged by some attorneys, attorney backed groups, mortgage brokers, real estate agents and loan modification companies, whom are simply interested in lining their own pockets at the expense of millions of homeowners in America. In fact, ModifyLoansFree.org has received almost universal acceptance by many in the mortgage, real estate and legal professions whom also despise the huge fees and shoddy practices that seem so prevalent in the loan modification industry. These outstanding organizations are providing no cost and low cost services to their own client base as part of the ModifyLoansFree.org “Homeowners Advocate Partner Program”.

In addition to their Free Bank Ready Loan Modification Package, ModifyLoansFree.org can provide other NO Cost (Free) and low cost educational material, tools and support services at up to an 80% discount off industry prices. They can assist you in obtaining a Comprehensive Forensic Mortgage Loan Document Audit, Produce the Note Demand, Step-By-Step Loan Modification Manual as well as Support Services and Consultation at multiple levels. In order to receive a FREE Bank Ready Loan Modification package, simply go to: http://www.modifyloansfree.org.

The FREE Bank Ready Loan Modification Package includes a cover letter, comprehensive modification proposal, debt analysis, hardship letter, instructions and helpful hints on submitting the package to the bank or mortgage company’s loss mitigation department. Homeowners can complete the application and print their Bank Ready Loan Modification Package in about 15 minutes. This will expedite the process by providing their lender with a complete package including all supporting documentation and required information up front, so that they can review the file and make an informed decision about the modification. Because the proposals are presented in a professionally organized fashion, lenders are more apt to say yes to a modification agreement.

There is a need for action to assist homeowners in America. ModifyLoansFree.org offers genuine assistance free of charge.

Media Contact Information – ModifyLoansFree.org, is a consumer education and support service formed for the purpose of facilitating homeowner directed loan modifications with the help of inside industry information, tools and support. Media Contact: Scott Edward info@modifyloansfree.org 1-800-506-0164 Ext. 207, 11801 Pierce Street, Suite 200, Riverside, California 92505.

About The Author Scott Edward Developer – ModifyLoansFree.org Founder – American Family Assistance Foundation, Inc.

Bank of America Mortgage Modification New Program for Homeowners

By Bobby Mason

If you are looking for a Bank of America mortgage modification, there is a new program out there that few people know about.

For those of you who haven’t heard of it, it’s pretty exciting news if you have a B of A loan. You can now use a modification service to see if you qualify and get your loan modified in lightning fast speed. I’m talking seven days or less.

You will need your loan #, your property address, the last 4 digits of your social and a brief hardship description. That’s it! With this information, certain loan modification services can call your lender and verify that you are approved for this program. They will be able to tell you what your new rate and monthly payment will be before you pay them. Talk about a guarantee! Now you don’t have to try to go at this on your own or pay some company upfront without knowing what the outcome will be. If you like the new payment, you can go for it. If you don’t, you can just say “no thanks” and pursue another avenue, such as a short sale.

This is great news for Countrywide borowers, since all their loans are being converted over to Bank of America loans. Once you get your new statement and your loan number has 10 digits, you are good to go with this program. Bank of America can only access you in there computers when you have the 10 digit loan number.

All of these loan should be switched over within the next couple months (about August), but you can still call and speak with a loan modification service to prepare for the modification.

If you want to see if you are approved for a Bank of America mortgage modification, just visit the links below.

About The Author For more information on these exciting loan modification programs, visit the links below or go to instant-loan-modification.com. They are currently one of the only companies able to perform these services. Visit bank of america modifications or bank of america loan modification program. Remember, you get to find out what your new payment will be at no upfront cost to you. Visit the author’s web site at: http://www.bankofamerica-loan-modifications.com