Archive for the ‘Foreclosures’ Category

Invigo Marketing Systems Releases New Certification For Real Estate Industry

 

FOR IMMEDIATE RELEASE

Invigo Marketing Systems Gives Real Estate Professionals $30,000 in Added Revenue with Their New Certified Investment Property Advisor Program

Contact: Bob Mangat
Phone: 1(877) 575-9008
URL: http://realestateinvestingincanada.net/CIPA

March 31st, 2011

In response to the recent demand for additional income for real estate professionals, Bob Mangat and Invigo Marketing Systems in announcing the release of their “Certified Investment Property Advisor” CIPA program.

The exclusive program accepts one real estate agent from a given area and helps them initiate their own services under the umbrella of the Invigo Corporation. Invigo handles all aspects of each professional’s personal campaign including lead generation for prospective clients, meeting logistics, online syndication to their target audience, newsletters, and essentially everything that is required to generate, sell, and collect.

According to Bob Mangat, who has already seen unprecedented success with his program, real estate investors, agents and mortgage professionals from every conceivable niche and any geographical location can consistently make $30,000 in extra income per month by using this method: “Last year I worked an average of 25 hours a week and I accumulated more than 1.2 million in gross commissions. It takes hard work and dedication to get it started, but once it is up and running it is extremely lucrative.”

Having been in the real estate field since 2002, Bob has made a reputation for himself as one of the most forward-thinking real estate professionals in Canada. Piggybacking off his success as a local realtor, Bob began mentoring investors, his fellow agents, and those meetings eventually lead to his online presence which offers books, seminars, and tutorials for all aspects of real estate marketing and investing.

The CIPA program has been the natural next step in the evolution of this process and so far it has been met with rave reviews from the real estate community. For Mark Sanchez, who has seen his own level of success in real estate, the CIPA system has propelled his career into aspects of real estate marketing that he didn’t even know existed: “The unique thing about this program is that it allows real estate professionals various ‘income streams.’ Rather than relying on just one method, Bob and his team take an approach that tackles all the lucrative aspects of real estate investing and marketing.  They show you their entire business model, show you how to duplicate it quickly, and actually help you run it as your own personal business. A partner of mine put it perfectly when he said it feels like Invigo is running a successful business under your name and giving you the profits.”

So far the program has attracted some notable names in the real estate industry and it is expected to fill to capacity within the next several weeks. To learn more about the CIPA program and how you can lock in a very lucrative spot visit: http://realestateinvestingincanada.net/CIPA

 

Posted in Certified Investment Advisor Events Foreclosures Generating Leads Investment Loans Land Development Local SEO Press Release Real Estate Homes Real Estate Investing Real Estate Lead Generation Real Estate Leads Real Estate Marketing Real Estate SEO Real Estate Technology Rent To Own & Lease Options | Leave a comment
 

Three Ways to Purchase Foreclosed Properties

Depending on where you live and how familiar you are with the foreclosure process will determine how you view purchasing a foreclosed home. To some people it is attending an auction and making a bid and to others it is negotiating a sale with the bank, who now owns the foreclosed property. In reality there are three ways that a foreclosed property can be purchased, and each one has its benefits and drawbacks.

The first one is the preforeclosure sale. There are times when you find out a home is going to be foreclosed upon, and at this point you can offer to buy it from the current owners. Here you can possibly do the most good, since the current owners will be able to control the damage to their credit a bit better and the banks usually like to get out from under the loan amount. The catch is that you usually have to pay what is owed on the property. A related method is the short sale, which is where you offer to buy the home below the loan amount and the bank agrees to sell it at a loss to avoid the expense of foreclosure or repossession. The problem with short sales is that the current owners could find a way to become current on their loan or the bank could change its mind and not sell for that price or any other detail could go wrong and cancel the sale.

After the home is foreclosed upon it may go up for public auction. In many places, purchasing a home this way is rarely as easy as it seems. First the rules of the auction usually keep many homes from being a bargain; they must be sold for at least a dollar over what is owed. Second, to hold the home to find financing usually requires a large deposit and then actually finding financing can be difficult. In some local markets, the auctioned property can come with liens that you are now responsible for. Be sure to know what your local laws are before purchasing an auctioned property.

The safest way to purchase foreclosed properties is to negotiate with the bank directly. There are many circumstances that the bank can sell the property directly or with the help of a real estate agent. Here the bank can agree to sell the property at a small loss or at costs, which could save you thousands. If the bank is selling as is or sight unseen, be sure to do your homework and learn as much as possible about the property in question. Otherwise, you may be stuck footing the bill for a damaged interior and cutting into or losing any potential profits completely.

As you can see entering into the investment market is not for the faint of heart, but for the brave, there are deals to be found and profits to be made. Be sure to hire the proper professionals, such as a real estate attorney or tax professional, and do your homework so you know what you are purchasing. This way your investments are more likely to turn to gold.

Posted in Foreclosures Home Buyer News Uncategorized | Leave a comment
 

Can you really buy a home with little or No Money Down?

This question comes up a lot for me from some my clients. And the question is yes and no. You have to be creative. Institutional lenders as far as I know and at the date that I’ve printed this have stopped offering 100% financing for properties.

In the past you were able to walk in to a bank and even get 105% financing. Meaning you can get a mortgage for the full price of the property, plus 5% cash back to help you out with the closing costs.

Many of my members had taken advantage of this program which allowed them to get into the real estate game. Things have changed.

You can pretty much get into a real estate deal if you and the seller agree to the terms. You just need to be creative and persistent some times. Some brief examples could be:

- Find a seller that may be desperate. You could take over their payments or ask them to do a Vendor take back (VTB). Remember you may need to get an approval for the mortgage transfer. check with a broker.
- Use a promissory note in lieu of your down payment to the seller.
- Ask the seller to do a lease option. This works better in a buyer’s market where the listing volumes is higher than normal.
- You could try a purchase option where you ask the seller to sell them the home to you for payment in the future.
- An agreement for sale or the right to purchase.
- Trade something as part of your down payment if it’s valuable enough.
- The list could go on and on..

The above are some examples and are really limited to your imagination. If the seller and buyer agree on the terms and conditions then that’s all that really matters. Remember to make it a win win situation for all parties involved and check with a legal advisor prior to entering into any agreements.

You should always look for a property that has the potential for profit. Don’t just pick up a piece of property because you want to get in the real estate game. Do your due diligence and find a network you can bounce and share ideas with.

<!–802250f972d04e64ba4a61c2d5529c07–>

Posted in Blog Featured Foreclosures Home Buyer Home Seller Investment Loans Mortgage Refinancing and Home Loans News Rent To Own & Lease Options | Leave a comment
 

Real Estate Investing In Canada on Meetup.com

Posted in Blog Foreclosures | Leave a comment
 

Alberta Foreclosures

Foreclosure Process in Alberta The foreclosure process in Alberta is closely related to that of British Columbia. The process involves foreclosure_property_albertaforeclosures under judicial sale. The Foreclosure Process in Alberta allows any respondent or petitioner to apply for a judicial sale, otherwise known as a court ordered sale. The following proceedings will then be carried out in court.

Read the rest of this entry »

Posted in Blog Foreclosures | Leave a comment
 

Facing Foreclosure?

New Rent Back Direct Program Solves the need to move when facing foreclosureforeclosure.

The economic trouble is widening on a worldwide scale and Canada is feeling the sting like all other countries. Many people are losing their jobs for whatever reason, resulting in the inability to meet financial obligations. Foreclosures are taking place all around us. Canada’s central bank has warned that many Canadians may be facing foreclosure proceeding in the the next year and that this will cause a tightening of credit extensions. If you should find yourself in this position there are thing you need to know to help avoid losing your property.

Read the rest of this entry »

Posted in Blog Featured Foreclosures | Leave a comment
 


192.168.1.1