Mike Warren Wants To Make You “JUDGMENT PROOF”

Are You Judgment Proof

Do you ever think about the IRS or potential lawsuits. How about just protecting the money you have. Well I made a little 5 minute video talking about it. Let me know what you think.

http://misuniversity.com/webinar <–Register Here

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(Collect a judgement) Land Foreclosure – Positive Cash Flow

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The idea of investing in land foreclosure properties is about making money. There is no point of losing money every month.

The Perfect Foreclosure Listing

You have carefully winnowed the many properties down to those one or two perfect foreclosure listings – the sort of houses in the sort of neighborhoods where most people think themselves lucky to live; but you aren’t sure exactly what your next step should be. No worries.

Stop Repossession by Liquidating the Property Quickly

If you need to stop repossession of your home it is a good idea to sell the property quickly. This will allow you to get some equity on the home as well as avoid the embarrassment and the emotional distress associated with repossession.

Avoid Foreclosure and Stop the Process – Why It
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s Possible If You Have the Will and Legal Help

One thing is common with all homeowners or bread winners: it isn’t easy being the head of the house. If you are a head of a family yourself you will agree with me that there are times in your life when you would just like to give it all up, lay down your head, and go to sleep – and hope the problems will go away. One such moment is experienced when…

If Refinancing is Not an Option, Try Loan Modification

Desperate times call for desperate measures, right? If you are desperately trying to make ends meet because of a salary decrease and the potential of being laid off, you are probably desperately trying to keep up with your mortgage payments. With interest rates at historic lows, many people are considering refinancing at a fixed, lower interest rate. However, in many situations, the current value of the home is significantly lower than the remaining balance of the homeowner’s mortgage. In cases such as these, the lending institutions will not refinance the mortgage. However, a loan modification is a possibility if refinancing is not an option for you.

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Increase Your Cashflow With Lease Options

We are in a new reality in the real estate market. Gone are the days where you can just buy a house and watch it automatically increase $100,000 in equity in a couple of years. As the market conditions change it is up to us as savvy investors to change our strategies and tactics to work within the market that we have to invest in

As an investor that specializes in working with properties that are in foreclosure, one very powerful profit strategy that you can use to maximize your income in this changing market is to use lease option investing. This style of investing is excellent for this market and works very well when you are acquiring properties that are in a pre-foreclosure status.

When you acquire a property that is in pre-foreclosure you need to have a strategy to profit from that property. It does you no good to go through all of the negotiations and work involved to acquire a property just to find that you have no way of making money on the deal.

A lease option is an excellent way for you to maximize on the overall profit that you can earn from a real estate investment. By utilizing a lease option, there are a number of benefits that you can take advantage of particularly in this market.

So what is a lease option? A lease option is an agreement between the owner of the property (in this case you) and a potential buyer of a property. With this agreement the potential buyer agrees to lease the property from you for a pre-determined time period.

In return, you offer the potential buyer the right to be able to purchase the property from you from a specific price at anytime during the term of the lease. The price is fixed at an amount equal to and sometimes lower than the going prices for real estate in todays market.

The potential buyer pays rent that is equal to or sometimes lower than the going rents in the area. The buyer also pays what is called an option consideration. This is a set amount determined by you the seller as a price for offering the buyer the option to purchase the property.

Should the buyer go ahead and exercise the right to purchase the property, the option consideration is used as part of the down payment for the property. However, if the buyer fails to purchase the property before the option period expires, you as the owner of the property can keep it.

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