Where to Expect an Influx of Legacy Bank-Owned Inventory {New Infographic}

Properties repossessed by lenders in the third quarter of 2015 had been in the foreclosure process an average of 630 days, according to new data released today by RealtyTrac. That 630 days was the longest since RealtyTrac began tracking the process in the first quarter of 2007.

 

A few highlights from the data:

  • 28 states posted year-over-year increases in the length of time to foreclose.
  • New Jersey, Hawaii, New Mexico, Utah and Florida lead the nation with the longest time to foreclose in the country. On the other side, South Dakota, North Carolina, Wyoming, New Hampshire and Virginia have the shortest times to foreclose.
  • The number of bank repossessions (REOs) spiked 66 percent from a year ago, indicating that a backlog of bank-owned homes held up by various legislative and legal delays is finally spilling over the dam, and many of these homes will be hitting the market for sale in the next six to 12 months.

Below please find an infographic displaying where the reservoir of years-old bank-owned homes will hit the market. (Source: http://www.realtytrac.com)

bank_owned_inventory

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Why do 97.4% of Real Estate Investors FAIL?

This new video by Matt Andrews reveals why most Investors are dead before they complete their first flip and how you can insure that you are one of the 2.6% who profit on EVERY DEAL. The Secret is… SEE THE VIDEO HERE

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Ready to take the next step in your Real Estate Investing business?

Register for our free Training here!

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REAL ESTATE FREEDOM is a member of Community Buying Group, which entitles you to free benefits, such as their Lowe’s program. You save 5%+2% every day at Lowe’s, Sherwin Williams, and many others. The average user saves more than $1,600 a year. CLAIM YOUR FREE MEMBERSHIP!


 

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HOW TO FLIP HOUSES! (Matt Andrews walks his latest house project)

In this new video, Matt Andrews gets into the trenches. Join him as he meets with his property manager, walks through his latest property flip, and talks “Return on Investment”.   Check it out!

 

**********************************************************************************

Why do 97.4% of Real Estate Investors FAIL?

This new video by Matt Andrews reveals why most Investors are dead before they complete their first flip and how you can insure that you are one of the 2.6% who profit on EVERY DEAL. The Secret is… SEE THE VIDEO HERE

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Ready to take the next step in your Real Estate Investing business?

Register for our free Training here!

Screen Shot 2015-10-28 at 3.21.53 PM

**********************************************************************************

REAL ESTATE FREEDOM is a member of Community Buying Group, which entitles you to free benefits, such as their Lowe’s program. You save 5%+2% every day at Lowe’s, Sherwin Williams, and many others. The average user saves more than $1,600 a year. CLAIM YOUR FREE MEMBERSHIP!

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Flip_Houses_Now_00

The “Freedom Files” is the Single Easiest Way to get started in Real Estate Investing.

We teach you how to implement our strategies step by step so you can start Flipping Properties and making money NOW! 

 

It’s starts with detailed trainings that cover…

  • Creating your Real Estate Investing Business Plan
  • Market Research: How to Assess deals & Identify Comps
  • Assembling Your Real Estate Team
  • How to Find Exclusive Below Market Properties
  • How to Locate Serious Buyers for Your Investment Deals
  • Putting the Deal together (From Contract to Closing)

 

The Freedom Files also includes all the tools you need to succeed!

*** Freedom Files Contracts & Documents Package: The Actual Contracts & Documents that we use daily in our Real Estate Business to Flip Houses.

*** Freedom Files Email & Phone Scripts: These are our personal templates that have been optimized over hundreds of conversations negotiating deals with Investor Buyers, Distressed Sellers, and Private Lenders.

*** Freedom Files Black Book of Contacts: Our personal business contacts become yours to work with as you scale up your business. Enough said!

We teach you how to implement our strategies step by step so you can start Flipping Properties and making money! 

Freedom Files

 

Click here to get the Freedom Files

 

Need more info? Click here for full details

 

 

 

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Where NOT to Rent in 2016! (15 US Cities with Fastest Rising Rents)

In Fort Myers, Fla., the median monthly rent of $1,600 last year is now $2,000. …And California is all over the list.

 

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Here’s a startling data point about rental costs in the U.S.

The rental rate for single-family homes in the metropolitan area of Fort Myers, Fla., increased 24 percent in the 12 months ended in September. That means if you paid the area’s median rent of $1,600 a month on a lease that ran out in August, there’s a good chance you’re currently paying $2,000.

Single-family rents there grew faster than in any other U.S. metro area over that period, according to a report published today by RentRange, which provides data and analysis to real estate investors. But there are plenty of other cities where the pace of rent increases are pretty shocking.

Here’s the List!

Fort Myers, Sacramento, Sarasota, San Francisco, Charleston, Los Angeles, San Jose, Denver, Dallas, San Diego, Nashville, Portland, Augusta, Stockton, Seattle.

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**********************************************************************************

Why do 97.4% of Real Estate Investors FAIL?

This new video by Matt Andrews reveals why most Investors are dead before they complete their first flip and how you can insure that you are one of the 2.6% who profit on EVERY DEAL. The Secret is… SEE THE VIDEO HERE

**********************************************************************************

Ready to take the next step in your Real Estate Investing business?

Register for our free Training here!

Screen Shot 2015-10-28 at 3.21.53 PM

**********************************************************************************

REAL ESTATE FREEDOM is a member of Community Buying Group, which entitles you to free benefits, such as their Lowe’s program. You save 5%+2% every day at Lowe’s, Sherwin Williams, and many others. The average user saves more than $1,600 a year. CLAIM YOUR FREE MEMBERSHIP!

**********************************************************************************

 

Flip_Houses_Now_00

The “Freedom Files” is the Single Easiest Way to get started in Real Estate Investing.

We teach you how to implement our strategies step by step so you can start Flipping Properties and making money NOW! 

 

It’s starts with detailed trainings that cover…

  • Creating your Real Estate Investing Business Plan
  • Market Research: How to Assess deals & Identify Comps
  • Assembling Your Real Estate Team
  • How to Find Exclusive Below Market Properties
  • How to Locate Serious Buyers for Your Investment Deals
  • Putting the Deal together (From Contract to Closing)

 

The Freedom Files also includes all the tools you need to succeed!

*** Freedom Files Contracts & Documents Package: The Actual Contracts & Documents that we use daily in our Real Estate Business to Flip Houses.

*** Freedom Files Email & Phone Scripts: These are our personal templates that have been optimized over hundreds of conversations negotiating deals with Investor Buyers, Distressed Sellers, and Private Lenders.

*** Freedom Files Black Book of Contacts: Our personal business contacts become yours to work with as you scale up your business. Enough said!

We teach you how to implement our strategies step by step so you can start Flipping Properties and making money! 

Freedom Files

 

Click here to get the Freedom Files

 

Need more info? Click here for full details

 

 

 

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