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Property Crossroads - Real Estate Info

Archive for March 2007

March 7th, 2007

Are you Real Estate Rich but Cash Poor?

In this decade, the baby boomers are the emerging market again, as they prepare and enjoy their retirement.  A lot of companies are conceptualizing products that would cater to their needs and wants. It is perceived that they have the buying capacity to enjoy all these things. But not all are priviledged to have enough […]

By Maricel Ferrer-Custodio -- 0 comments

March 5th, 2007

Getting confused on where to start your real estate investment? Try Preforeclosures

Foreclosure.com Blog discussed the many benefits of preforeclosure deals.
Preforeclosure is actually the initial stage of the forclosure process.  The loan is considered to be in default because the owner cannot come up with the payments, prompting the lender to initiate forclosure procedures.  However, the property at this stage still belongs to the owner.
According to Foreclosure.com […]

By Maricel Ferrer-Custodio -- 1 comment

March 5th, 2007

Exploring Zillow’s “Make Me Move”

Zillow’s Make Me Move allows you to set a price for your home without actually putting it on the market.  It is a great concept, if you are contemplating on selling your home, but you’re not fully convinced of the idea yet.
It will give you a good indication, if you’re house will sell at the […]

By Maricel Ferrer-Custodio -- 0 comments

March 2nd, 2007

(Part III) Con Artist Reveals Mortage Scams : “Foreclosure Fraud”

According to statistics, nearly 5% of borrowers are behind on mortgages.  Figures are projected to increase. As the rate rises, buyers with variable interest rate loans cannot afford their repayments anymore.
Brent Barber’s third mortgage scam is in victimizing people who are delinquent on their mortgage payments.

Here is how he conspires a foreclosure fraud:

1) Approach a […]

By Maricel Ferrer-Custodio -- 0 comments

March 1st, 2007

(Part II) Con Artist Reveals Mortage Frauds : “Stealing your House”

Brent Barber, the subject con artist in Part I revealed his second mortage fraud of stealing your home.
He would steal a home and borrow money against it. The owner won’t know about it until the mortgage lender of Barker forecloses his home.

Here is how he steals the houses:

1) Find a neighborhood where most of the […]

By Maricel Ferrer-Custodio -- 0 comments

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