Mortgage foreclosures keep on, keepin’ on. Post 162


January Foreclosure Activity Continues To Be Depressed Due To Robofraud, Judicial State REOs Plunge RealtyTrac by Tyler Durden 02/10/2011 “Unfortunately this is less a sign of a robust housing recovery and more a sign that lenders have become bogged down in reviewing procedures, resubmitting paperwork and formulating legal arguments related to accusations of improper foreclosure […] . . .

Read More: Mortgage foreclosures keep on, keepin’ on. Post 162

Government – How do I love thee? Let me count the ways. Post 154


Trenton tax lien sale is illegal, says group The Trentonian June 28, 2010 By Andria Carter TRENTON – Some homeowners and business owners believe that Trenton’s Tax Department is illegally implementing an accelerated tax lien sale. A group of taxpayers challenged the decision and had their properties removed from the upcoming tax lien sale. However, […] . . .

Read More: Government – How do I love thee? Let me count the ways. Post 154

How do you evaluate a real estate investment? Post 153


Coach Mitch’s REFLECTIONS™   A most important skill for any investor, but especially for a real estate investor, is how to evaluate a transaction. Just say, “Yes!”™ Quickly differentiating what may be a good deal from what is probably a marginal or bad deal, is a necessary skill. We have all (me too) been guilty […] . . .

Read More: How do you evaluate a real estate investment? Post 153

How can I buy tax foreclosures? Post 152


Coach Mitch’s REFLECTIONS™   Real Estate Investing (REI) Investing in real estate may seem a natural place to invest because we are all familiar with housing. After all, we live in a home, we understand many of the issues related to a home, and we know what makes a home desirable and not so desirable. […] . . .

Read More: How can I buy tax foreclosures? Post 152

City pays off its own tax lien. Post 151


Jacksonville taxpayers foot the bill for $86,000 investor profit on Shipyards tax lien Florida Times Union Matt Galnor May 18, 2010 “We just can’t seem to get out of our own way on that project.” Richard Clark, City Council president When the developers of the twice-failed Shipyards project didn’t pay their 2008 property taxes, two […] . . .

Read More: City pays off its own tax lien. Post 151

Lawyer gets caught rigging tax lien auctions. Post 150


Attorney sentenced to 1 year for rigging bids at tax lien auctions Baltimore Sun By Jessica Anderson May 5, 2010 Tens of millions of dollars in tax lien purchases were affected by rigging An attorney was sentenced on Tuesday to one year in jail and forced to pay $800,000 in criminal fines for rigging bids […] . . .

Read More: Lawyer gets caught rigging tax lien auctions. Post 150

Should I buy at or before tax sale auctions? Post 149


Coach Mitch’s REFLECTIONS™ Hi Coach, Love your stuff but I must be dense. I understand the reasoning behind trying to get a house & land prior to the tax sale and that doesn’t seem to be a problem. What I don’t understand is if I should get a quick claim deed from the owner and […] . . .

Read More: Should I buy at or before tax sale auctions? Post 149

Putting the bank in its place. Post 148


Coach Mitch’s REFLECTIONS™   When I read this letter, I loved it, and felt that it would gladden the heart of anyone who read it. The ‘haves’ are running the hen house (US) – into the ground. This allows for many opportunities. Those of you who want or need to put your financial house in […] . . .

Read More: Putting the bank in its place. Post 148

The price of protection in real estate investing. Post 147


Coach Mitch’s REFLECTIONS™   Get your guard up Homeowner’s insurance is a necessary part of the real estate investor’s armor. You can normally get your investment property included into your homeowners’ insurance policy, along with your car. The more you have to insure, the more valuable a client you become and you will qualify for […] . . .

Read More: The price of protection in real estate investing. Post 147

Negotiating the right way. Post 146


Coach Mitch’s REFLECTIONS™   A Question In post #142, I answered a student’s question. This is a follow-up. Mitch you are the best, thanks a million. would you by any chance have some recordings of you talking/negotiating with sellers so we can hear it live how this works etc?l The Answer While I appreciate the […] . . .

Read More: Negotiating the right way. Post 146