Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

Got this from www.cremag.com lots of info there.

1st article is the History of Land Trusts

2nd article is about the benefits.

I am very new to this I found some great homes for sale buy owners and they really need to sell because they are moving or the owner stay out of town I would like to keep the homes for myself if i can but I only have little money to work with how can I go about getting these homes. I als found a home willing to let go land contract what is a land contract

!!EXCELLENT CREDIT, NO MONEY!!

Right now is the perfect time to be investing in real estate!

Okay, I don't know why, but I'm just freaking terrified of making low offers on the higher-priced homes up here. Things up here are in the $280k-$500k range, and I'm completely tripped out by the thought of offering $150k-$250k less than FMV on a house! I'm also tripped out by asking my agent to do it, even though she's told me she's game. I'm afraid she'll get herself black-balled from the RE community or something, LOL!

Hello I am new to this I just read cdeans book profit from real estate right now and I understand all the marketing to get buyers and sellers to you but in the book dean said to go after homes for sale by owner of that been on the market for 90 days or more But i found some great home that are in the price range of 14,000 to 2000 dollars but they are listed by brokers who do I contact the owner or brokers and how do i get these homes for no money down and also i found preforclosure home for cheap Who do I contact and what do I say. thank you

Hi. I am a new member. I started Dean's course 1 and 1/2 weeks ago. I was totally excited, til today. I put an offer on a 29,000 house on Friday, and they said they wanted proof of funding. With our credit score, thought, no prob. Called broker today, and found out that not only am I not qualified, but most folks aren't anymore, due to the closure of subprime lenders, which I did not know about either. so finding motivated buyers is probably no longer a viable option, unless they are cash or seasoned investors. It seems that is the only workable strategy now.

I need a property to sell this cash buyer and I don't have one!!! This is a "good" problem to be in right now!!! HELP!!! reiproperty4u@**** or (503) 730-2848... Thanks!!!

What does this mean "A SHORT SALE WITH THE SECOND MORTGAGE". Is the primary not in the picture? Since it is so new, what would be a fair discount to offer?

This Property is being sold as-is condition. Built in 2002, this is a two story five bedroom home. Four bedrooms on second floor and one conforming bedroom in basement with master bath. Full bathroom upstairs with laundry room. Great room and full bath in basement and 1/2 bath on main level. This will be a short sale with the 2nd mortgage co.

Thanks!

Now is the time to take advantage of this market!

From the NY Post

Residential-foreclosure figures for January, compared with December.

Jan. 2009 % Change

Bronx 33 up 267%
Staten Island 58 up 76%
Manhattan 5 no change
Brooklyn 12 down 14%
Queens 170 up 56%

Total foreclosures are up 64%!!!!!! This is the time to take advantge of this. NY just had one of the biggest foreclosure auctions ever. Some Houses had starting bids at 60% below cost.

States with the biggest in homeowners 90 days late in paying mortgages (4th quarter 08)

1. New York up 35%