Sunday, January 13, 2008

Michigan’s Struggling Real Estate Market is Getting Help from a New Online Search Tool for Finding Homes for Sale

Realtors can let Consumers look at Homes from the Comfort of their PC

Drive through Wayne County, Oakland County, Monroe County or Livingston County and you may lose count of all the homes for sale. But you don’t have to go anywhere to find a great deal on homes for sale in Michigan, they’re all listed on the front page of the http://www.thequickhomefinder.com LLC website.This property is being auctioned sold at rock bottom prices without the need of a real estate agent. All of this has caused the dismay of realtors, mortgage brokers and loan officers in Michigan. It’s becoming obvious that affordable homes are so abundant; anyone looking to buy a house may not need a real estate companyReal estate companies must be able to offer competitive prices for their service. It also helps to be able to secure low interest rates for refinancing, as well as investment loans, rehab loans, equity home loans, etc. With the current condition of Michigan’s real estate market, it’s almost a necessity for realtors to have a property listing service in their arsenal. This has put real estate companies like The Quick Home Finder.com LLC in high demand.The Quick Home Finder.com LLC specializes in finding homes and property for sale in Michigan. Their data base is like a home depot with a surplus of houses, rental properties, lease options, condos, town homes, duplexes, apartment houses and so on. The damage done by Michigan’s foreclosure crisis has made http://www.thequickhomefinder.com preferable to the traditional real estate search. As more homes for sale in Michigan continue to emerge on the real estate market, companies like The Quick Finder.com will likely become an especially needed commodity.

Realtors Give Their Approval for New Online Real Estate Listing Service

Finding Homes for Sale in Michigan is Made Easier by this Innovative Service

The Quick Home Finder, LLC is a real estate company made up of real estate experts who understand how difficult buying or selling property can be. Most home buyers and real estate investors would rather be able to find a house or list a house without a real estate agent middleman. This type of service is what The Quick Home Finder, LLC had in mind when they developed their website, http://www.thequickhomefinder.com The first page of their site contains a list of properties being sold at rock bottom prices. Every house condo, town home, duplex and residence has a photo so that people using the site know what the homes look like. There are over 60,000 homes for sale throughout South East Michigan in the site’s database which are constantly being updated. There’s also a staff of real estate insiders always available to assist consumers with information and advice to ensure they make the best choices possible. According to Larry Morris, an Associate Broker for Real Estate One in Royal Oak Michigan, “The information age is here. This tool helps my business because it allows my clients to get the best deals possible without needing a real estate agent.” The website is free to use, offers a 5% discount on houses you buy and enables browsers to look for free without giving their name which is especially good for private buyers. Over 40% of the people who use this site have saved it as one of their favorites. The site has also received rave reviews from the National Real Estate Network in recognition of its pioneering service and excellence. Whether looking for an investment property, a dream home or even a rent to own option, experts agree to go to http://www.thequickhomefinder.com

Michigan’s Real Estate Market is another Hurricane Katrina Disaster which has left Hundreds of Thousands Stranded by Foreclosure

Over 200,000 Foreclosed Homes in Michigan have Washed up onto the Shores of the The Quick Home Finder, a Home Depot for Real Estate Investors

Michigan has been hit hard by a storm that has the real estate market flooded with foreclosed homes. Over 200,000 home owners, along with a growing number of real estate companies, are victims of this disaster.Cities all over Michigan have vacant homes scattered throughout their neighborhoods. So many people, losing their homes at once, are eerily reminiscent of Hurricane Katrina survivors. These homes are being sold for low prices, the best deals can be found at http://www.thequickfinder.com. Like the Katrina survivors, evicted homeowners in Michigan have not received any relief or assistance. Mayor of Detroit, Kwame Kilpatrick, recently issued this statement to residents facing home foreclosure, “Call the people you’re sending your money to…” This advice will probably be as effective as FEMA’s assurance to New Orleans that help was on the way. Detroit isn’t the only city in distress; cities all over northern, southern and central Michigan are suffering through this crisis.Aside from anyone willing to contribute large sums of cash to remedy the problem, people must turn to realtors, real estate agents, mortgage brokers, and loan officers for help. Evicted homeowners must find a house they can afford, which shouldn’t be hard with so many in-expensive homes for sale in Michigan. In fact, real estate companies with listing services like The Quick Home Finder.com LLC enable consumers to find a house without the inconvenience or expense of a real estate agent. Unlike Katrina victims, perhaps Michigan residents who need a home will be rescued by companies like http://www.thequickfinder.com

Tuesday, January 8, 2008

A Bundle of Rights to Real Estate and What it Includes

Copyright © 2008 Ralph Marcus (Mark) Maupin
Understanding real estate agreements requires a basic knowledge of what rights or interest to property that are affected by a specific agreement or contract. The following is a basic listing of rights that are commonly dealt with and general descriptions. The following listing does not represent a complete list of the various rights that can be held in and to real estate, nor does it give a thorough and full description of the rights covered, but it is sufficient for practical purposes. A bundle of rights to real estate could include: a. All the rights, fee simple b. Mineral rights c. Air rights d. Water rights e. Life estate f. Remainder interest g. Equitable rights 1. Land contract 2. Leasehold 3. Option 4. Pending purchase contract OWNERSHIP- Fee Simple Ownership. This is the highest form of ownership to property. Generally if you have real estate that you have received a warranty deed for, this is what you have. EQUITABLE INTERESTS- These is rights that are acquired by agreement of the owner, without transferring ownership. In other words, if you have an equitable interest in real estate, you may have the right to acquire title and ownership, but you don't have it yet. Typical examples of equitable interests are the rights of the purchaser under a full accepted purchase agreement, the rights of an optionee under an option agreement and the rights of the purchaser (vendee) under a land contract. LEASEHOLD INTEREST- These is the rights to property for duration of time with no promise to transfer ownership. Rental/leasing applies here as well as use licensing. OWNERSHIP INTERESTS- Ownership to property is a combination of things and rights, and you can own property and not have all parts of ownership and vice versa. These are the basic parts or types of the ownership of real estate: Legal, Equitable, Possession and Use. Legal interest is normally evidenced by having title to the property. Equitable interest is described above. Possession is simply having possession or control of the property. For example, a "squatter" is a person who has possession, but no other rights to the property. "Squatters," simply by virtue of being in possession of the property have certain rights. Use, is simply the right to use the property. A typical example of this is a letter of permission to hunt on land. Places you can go to better find out how you can use these buddle of interest and learn more at a very low cost are as follows: Local real estate licensing schools in your area, entrepreneurial resource centers at local colleges, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes at high school, Real Estate Investing Groups, Landlord Club, Real Estate Training Classes, Real Estate Seminars, Real Estate Courses, Real Estate Investing Network, and Real Estate Forums. Use Google.com to find locations in your area. A Real Estate Investing Club's mission is to provide an entrepreneurial atmosphere for real estate investors to learn, and network with new and experienced investors. Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with one of their goals to bring like minded individuals together, to achieve greater real estate goals. REIA members come from many walks of life: first time buyers, new investors, licensed agents and mortgage brokers, commercial investors, attorneys, CPAs, and first time landlords.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://MegaEveningEvent.com

Pre-foreclosures and Terms

The leading short sale and pre-foreclosure expert Nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his articles for your reading. You can find great value from his workshops and his free reports and CD’s:
Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)
Preforeclosures and Terms
One major point is whether the principle instrument securing the loan is a conventional mortgage or a "deed of trust." Kaller indicates that they are not the same even though everybody uses the term "mortgage" interchangeably. “Deeds of trust are the more common of the two, used in 34 states either mostly or exclusively,” says Kaller.
Mortgages involve two parties, borrowers and lenders, while deeds of trust have third parties, called trustees, who hold temporary title to the properties until borrowers pay off their loans.
That difference can be crucial when a borrower falls behind in payments. With deeds of trust, the trustees don't have to go to court to initiate a foreclosure; with a mortgage, the lender almost always does, which slows down the process.
In states where deeds of trust are an option, lenders almost always choose them over mortgages, because they are "non-judicial" - and quick.
According to Jeff Kaller, Mr. PreForeclosure, provides investors with step-by-step instruction needed to make a fortune in Pre-Foreclosures. He is a professional lecturer and author of "Preforeclosure and Short Sales" Home Study Course. Jeff holds several national conferences nation wide every year.

Here is an Opportunity for First Time Home Buyers to Benefit from an Excellent On-Line Real Estate Search System

The Quick Home Finder is Producing Amazing Results and Quick, Easy Real Estate Searches

Larry Morris, Associate Broker of Real Estate One Michigan, understands how stressful and difficult buying a home can be. He had this in mind when he developed a way for first time home buyers to easily search properties online with http://www.thequickhomefinder.com. Many people would rather be left to their own devices when shopping, for any product, including a home, before speaking to a salesman or professional in the business. Larry Morris, of The Quick Home Finder, LLC understands this, so he has developed a system that is accessible to the general public. It’s an MLS search tool that doesn’t require a real estate license and payment of board dues to have access to.

Even experienced realtors and investors are impressed with this new search tool. Ralph Marcus Maupin of Budget Realty, LLC stated “I’m impressed because the site contains photos which allow buyers to see what they’re considering without leaving their computer screen. The site also has Google mapping of each property and simple, powerful, yet flexible search criteria.”
If you are looking to buy a home, begin your search with http://www.TheQuickHomeFinder.com then call Larry Morris at Real Estate One where his team of service professionals will work together to structure a deal customized to serve your needs to close your transaction
The Real Estate One Family of Companies is a team of professionals working to provide competitive mortgage interest rates, rock solid insurance policies and relocation assistance. The market research reveals those buyers who take advantage of more than one of the services often benefit financially, increasing the long term satisfaction with a new home purchase and creating a long term relationship with the Real Estate One Family.




Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com
The Quick Home Finder serves Oakland, Wayne, Macomb, Washtenaw and Livingston Counties.

What Kind of Real Estate do Investors Want?

Copyright © 2008 Ralph Marcus (Mark) Maupin
There are several categories of real estate available for an investor. The easiest for a beginning investor to understand and participate in is the single-family home. Why? 1. Homeownership in America is approaching 70%. 2. They are the highest demand type of property. 3. They sell quicker than other kinds of property. 4. Prospective purchasers have the widest range of financing programs available to them, making the property easier to purchase. If the property does not sell in a reasonable amount of time, it can be rented. Ugly Properties: Why should you buy the ugly duckling? The best property to buy is an ugly one. Look for the property that has never been "updated" or improved or one that has been improved, in a very tacky way. Don't be deterred by the pet urine, feces, or mice droppings. Where some see damage and odor, you should see dollars and opportunity. Ugly ducklings are the properties that have the least competition, houses that can be fixed up by remodeling, not by rebuilding. Many people are scared about things like leaking roofs and broken windows. Be happy to see those things. They'll discourage most inexperienced investors from purchasing the property. In many areas, you will be competing for some deals with "do-it-yourself" homeowners. They may outbid you simply because they figure they can buy a home for $50,000.00 that will be worth $70,000.00 when they're done fixing it up. It never occurs to them that they will spend $10,000.00 for materials and professional labor, one to two years working on it, and live in a construction zone the whole time. The oddest thing about it is that most people will sell the home when they're done, thinking they did great (although they really broke even) and start the process again. Buy, flip and sell works best in a 90-120 day time frame, with professional contractors quickly completing decorating, repairs, and renovations. Where do go to meet the like mind people to get trained in the investing business? There are Real Estate Investor Association all over the US. Many of this assoications are non profit. They are usually refered to as a REIA. Investor groups are for purpose of investor education, networking, and training. They bring national and local real estate experts to their meetings. They have training on wide topics like: foreclosures, pre-foreclosures, land lording, rent to own, lease options, short sales, deed offs, credit, wholesaling, find, fix, and sell, private money, lines of credit, and accounting. These are just a few of the topics they speak on. How do you find a Real estate investors association or groups in yourr area? You can go on line to one one of major search engines. Type in the one of follow words with your local City name: REIA, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes, Real Estate Investing Groups, Landlord Club, Real Estate Mentoring Programs, Foreclosure Boot Camp, Real Estate Training Classes, Real Estate Seminars, Real Estate Schools, Real Estate Courses, Real Estate Investing Network, Real Estate Conventions, Real Estate Boot Camps, and Real Estate Forums. Using a search engine as search for topic like how to find a boot camp or class on foreclosures in the state or city you are in works great.
Ralph Marcus Maupin, Jr. Nick Name ‘Mark’ is one of founders of National Real Estate Network LLC. He teaches real estate investing for college. You will find many free resources such as: Free Real Estate Forms, Terms, Articles and Real Estate Investor Clubs Locations at: http://MegaEveningEvent.com

Wholesaling Investment Property

Copyright © 2008 Ralph Marcus (Mark) Maupin
The simple scale of our Real Estate investing operation out grew our ability to effectively manage renovating and marketing all of the properties we were working with. In short, we were generating far more deals than we could handle without significantly re-structuring the business. At one point, there were over 80 properties purchased and waiting for repairs. Holding costs were out of control. Rather than hiring large numbers of new staff and workmen, and thereby working with far smaller margins on each property we worked with, we turned to utilizing what we had in a different way.Our effectiveness in finding great deals produced more than we wanted to work with. Since then, we have adopted "wholesaling" property to other investors. Also, we no longer concentrate on rental property as we once had for similar reasons, too many properties to manage without a substantial restructuring of our business. Therefore, when we now resell to other investors, we aren't in competition with them. We have actually become a resource and a partner, in some ways, for many real estate investors.When we use the term "wholesaling", we are referring to reselling properties that we have either purchased or are controlling as-is, at a markup that still allows investors to purchase the property at 50% to 70% of the market value. This has allowed us to overcome the problems of managing renovations on a large scale without substantially changing what we do best. This is a valuable lesson to learn from as it can benefit you in your search for property and investments. It is likely if you are involved in real estate investing to any level, you will run across properties, which are good deals, but for various reasons may not be what you are looking for. Whether it is the location, type of property, etc., that makes it undesirable for you; there is someone else out there who is looking for it.Finding that person may be a lot easier than you think, you may already know them through an investor group you belong to. Placing an ad in the paper or working with Realtors are also viable ways to sell these properties. If it's a good deal, it will sell. One thing is certain in the business of real estate investments, the "hardest" part is finding a deal. The rest of it falls into place fairly easily once you have.How does Wholesaler find real estate investor association or groups in their area? Its easy do a Google search on any of following: Real Estate Investing Clubs, Real Estate Investment Association, REIAs, REIA, Real Estate Investing Classes, Real Estate Investing Groups, Landlord Club, Real Estate Mentoring Programs, Foreclosure Boot Camp, Real Estate Training Classes, Real Estate Seminars, Real Estate Schools, Real Estate Courses, Real Estate Investing Network, Real Estate Conventions, Real Estate Boot Camps, and Real Estate Forums. One tip on this and any investment you do is, don't let greed drive your business. It's the biggest pitfall to real estate investors. Holding out for the most, highest dollar usually results in disaster. Make money and move on.An old saying in real estate: "One deal can‘t make you, but it can break you". Take a win - win approach to your business, it does work the best and ultimately is the only way it works.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://megaeveningevent.com/

A Bundle of Rights to Real Estate and What it Includes

Copyright © 2008 Ralph Marcus (Mark) Maupin
Understanding real estate agreements requires a basic knowledge of what rights or interest to property that are affected by a specific agreement or contract. The following is a basic listing of rights that are commonly dealt with and general descriptions. The following listing does not represent a complete list of the various rights that can be held in and to real estate, nor does it give a thorough and full description of the rights covered, but it is sufficient for practical purposes. A bundle of rights to real estate could include: a. All the rights, fee simple b. Mineral rights c. Air rights d. Water rights e. Life estate f. Remainder interest g. Equitable rights 1. Land contract 2. Leasehold 3. Option 4. Pending purchase contract OWNERSHIP- Fee Simple Ownership. This is the highest form of ownership to property. Generally if you have real estate that you have received a warranty deed for, this is what you have. EQUITABLE INTERESTS- These is rights that are acquired by agreement of the owner, without transferring ownership. In other words, if you have an equitable interest in real estate, you may have the right to acquire title and ownership, but you don't have it yet. Typical examples of equitable interests are the rights of the purchaser under a full accepted purchase agreement, the rights of an optionee under an option agreement and the rights of the purchaser (vendee) under a land contract. LEASEHOLD INTEREST- These is the rights to property for duration of time with no promise to transfer ownership. Rental/leasing applies here as well as use licensing. OWNERSHIP INTERESTS- Ownership to property is a combination of things and rights, and you can own property and not have all parts of ownership and vice versa. These are the basic parts or types of the ownership of real estate: Legal, Equitable, Possession and Use. Legal interest is normally evidenced by having title to the property. Equitable interest is described above. Possession is simply having possession or control of the property. For example, a "squatter" is a person who has possession, but no other rights to the property. "Squatters," simply by virtue of being in possession of the property have certain rights. Use, is simply the right to use the property. A typical example of this is a letter of permission to hunt on land. Places you can go to better find out how you can use these buddle of interest and learn more at a very low cost are as follows: Local real estate licensing schools in your area, entrepreneurial resource centers at local colleges, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes at high school, Real Estate Investing Groups, Landlord Club, Real Estate Training Classes, Real Estate Seminars, Real Estate Courses, Real Estate Investing Network, and Real Estate Forums. Use Google.com to find locations in your area. A Real Estate Investing Club's mission is to provide an entrepreneurial atmosphere for real estate investors to learn, and network with new and experienced investors. Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with one of their goals to bring like minded individuals together, to achieve greater real estate goals. REIA members come from many walks of life: first time buyers, new investors, licensed agents and mortgage brokers, commercial investors, attorneys, CPAs, and first time landlords.
Ralph Marcus Maupin, Jr. (Mark Maupin), Speaker, Professor, Co-founder National Real Estate Network LLC (REIA), Get Free Real Estate Forms, Terms, Articles and Real Estate Club Locations at: http://MegaEveningEvent.com

Real Estate Website has over 60,000 Homes for Sale Listed in its Database

New Technology is a Home Depot for Real Estate Investors Purchasing Foreclosed Property in Southeast Michigan

Realtors in Michigan are realizing the old way of doing business is over. The Quick Home Finder, LLC has introduced an online search for homes for sale, http://www.thequickhomefinder.com.
According to Larry Morris, an associate broker for Real Estate One, “The technology age is here. We have to be able to provide the information our clients need and this new website lets us do it.” In fact, the site is so quick and easy to use that landlords, homebuyers and real estate investors don’t even need to use a realtor for this step in finding property.
This is good news for people looking to buy affordable housing and property in Wayne County, Oakland County, Livingston County, and Monroe County. The mounting number of home foreclosures in Michigan is among the highest in the nation. Most of these vacant homes are listed at rock bottom prices on http://www.thequickhomefinder.com. Altogether the site has over 60,000 houses and properties listed.
Larry Morris suggests that real estate companies upgrade their skills to meet today’s demand. “We have to be able to provide the best rates for anyone trying to find homes for sale. We have to use new innovations like The Quick Home Finder, LLC website to our advantage."


Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com




The Quick Home Finder serves Oakland, Wayne, Macomb, Washtenaw and Livingston Counties.

How Can Your Past Affect Your Investing?

By: Ralph Marcus (Mark) Maupin
I am writing this more as reminder to my self, but I know many who read this will be able to apply my thoughts and experiences to their own lives. Everyone has life experiences that they carry with them all their lives. Everyone’s experiences are different. Remember the first time you asked someone to dance and the answer was no, and now today 40 years later, you are still not going to ask someone to dance. You were asked to read in front of room in grade school and the other kids laughed at you, and that was the last time you would stand up in front of a group of people. I clearly see today, how some of the childhood events I have had are still affecting and shaping my real-estate career and life today.
My purpose in writing this is so you can consider looking into your own life and see how your past may be shaping your life today. When you look back into your past life, you will remember certain events and the decisions you made about those life experiences which are still operating and affecting your life today. Look back and check it out! Do you have to know all the facts before you make a choice? What was the event that had you decide that? How old were you when you decided that? Do you believe that you don’t matter or your opinion doesn’t matter? Look back and check it out! By noticing these things, you then have an opportunity to notice if they are helping you reach your goal or just a habitual way of being. Looking back gives you the opportunity to create new actions and thoughts that create new possibilities and unexpected results in your life.
My big event was when I was in kindergarten. I was given the honor of being the class Fire Marshall. If the fire alarm sounded, I was in charge of getting everyone out of the classroom safely. The alarm went off, and I went into action, getting everyone out of room. There was a retarded girl named Marsha, who happened to be going to bathroom at the time. I went in and pulled her off the toilet in effort to ensure everyone was out. There was a mess made, and the teacher screamed at me. At that time I made decision that I would be careful to not to be the one officially put in charge. I chose instead to be the one who would come in at the last moment and save the day. I would be the one who could fix the problem. As a result of this, I surrounded myself in business with people who knew less than I did about any subject. This allowed me to always be in control and have the answer that saved the day and to avoid looking bad. I use to say to myself “I am a natural born problem-solver.” How this showed up in real estate was like this: I took on going to every seminar I could attend. I wanted be the most knowledgeable real estate investor. I took on working in area of real estate where others were not. This allowed me to always be a good-looking “Fire Marshall” of real estate. So you see it only makes sense that I would be in the wholesale real estate business (not simple real estate) and I would help start Donate Real Estate, a company that represents charities to liquidate donated property (something not being done in the market yet). Donate Real Estate has raised over 1.5 million dollars for charities.
The good news is that I have a great level of knowledge of real estate. The bad news is that I have to guard against spending my time on artificially complicated deals, or making things more complicated than they need to be. I have to guard against putting a complicated deal together that only I can bring to closing. You might say I get to be the “Fire Marshall” of real estate deals. Most recently I see where my kindergarten experience has caused me to avoid situations where I wasn’t the most knowledgeable. It had me avoiding such crucial things in my life such as being there to raise my kids, attending church and growing spiritually, or any thing else that wasn’t in the world of work and real estate. Today, I can see that I have the opportunity to do things differently.
Lesson 1: For example, we found a great buy on a house in Southfield, Michigan. The home was in foreclosure. We had a buyer with great credit. I automatically tried to structure a deal where he could buy the house with a mortgage. The problem arose when we started looking at where he would get the money to rehab the house. Being the “Fire Marshal” of real estate, I passed over the simplest best solution, but the one we finally did use. Our buyer had a credit line, and he simply closed on the purchase of the home with a cash buy. As soon as the rehab is finished they are going to refinance it. What I noticed in the wholesale real estate business is that we were jumping in too quickly to try to solve the other person’s problem. So, we switched to “Here is a great buy, Mr. Customer. How are you going to buy it?” In this case they had the answer; I just had to stay out of the way.
Lesson 2: We currently have a foreclosed deal in Dearborn, Michigan where our buyer is taking out a home equity line on his personal home and buying the house. He is then going to refinance the newly purchased home. He has already been meeting with a good loan officer to set up the refinance with a mortgage company that does not have seasoning requirements (meaning you have to own the house 6-12 months before you can refinance it.)
As you can see, if you are focused on solving the problems of artificially complicated deals instead of looking for easier solutions it can be costly. See, if I set up a deal where I am the only one who understands it, then when the deal doesn’t work--- who gets the blame? Where in your life are you doing something comparable? Where is the thing you do well that is keeping you from seeing a simpler solution? We make these decisions and then live like it is “THE TRUTH”. Are you solving other people’s problems instead of letting them handle it themselves? Are you specializing in problems or keeping things easy and simple? How much time and effort does it cost you? Sometimes we fool ourselves into thinking just a little more time and effort will make all the difference. Instead we should put balance in our lives which would give us the prospective we need in order to observe that we are making things more difficult than they need to be.
Out of seeing how driven one can be from a childhood decision, I created a game I call “The Great Give Away”. For the past two or three years I have been teaching seminars on real estate investing. I have also been involved in leading a mentoring program for investors. We make sure the investors are well informed and have tools necessary for developing a broad perspective that leads them to be open to new opportunities.
What I’ve noticed about myself is that I want to be a person who is causing people to discover the gifts they have to share in the world. To accomplish this I will have to focus on integrity, love, contribution, empowerment, and leadership that I am exhibiting in my life. If I do this it will allow me to make the difference I want to make for humanity and real estate investors. This will allow me to make a difference in the classes I teach in about real estate investing and the mentoring program I am involved in.
To get to the bottom line, and break up the childhood story, it requires a possibility so big in your life that it inspires and moves you in way that has you able to see the “Fire Marshall” stories of your life then move past them. It’s a possibility that you can spend a lifetime on and still not be complete. I have created the following purpose in my life with the possibility that moves me: My purpose in life is to have all humanity discover the gifts they have to share. The values that are at the heart of who I am are integrity, love, contribution, empowerment, and leadership. What I can be counted on for is to make a difference to humanity, to charities, and to real estate investors discovering their gifts and putting teams and systems in place to achieve my purpose at a global level.
The comments in Mark’s Corner are shared personal experiences. They are not intended to be legal or accounting advice nor a solution. You should always consult with the appropriate professional when making decisions.
Copyright. 2008 Ralph Marcus (Mark) Maupin, Jr.
Disclaimer
Real estate investing by nature is risky. You can win, lose, or break even. We cannot guarantee a profit or loss. We do not provide legal, accounting, or contracting advice.

Please visit my website at (Free Forms and Information) http://www.detroitinvestmenthomes.com , http://www.MegaEveningEvent.com and http://www.MrLeaseOption.com

The Quick Home Finder is Producing Amazing Results and Quick, Easy Real Estate Searches

Here is an Opportunity for First Time Home Buyers to Benefit from an Excellent On-Line Real Estate Search System

Larry Morris, Associate Broker of Real Estate One Michigan, understands how stressful and difficult buying a home can be. He had this in mind when he developed a way for first time home buyers to easily search properties online with http://www.thequickhomefinder.com. Many people would rather be left to their own devices when shopping, for any product, including a home, before speaking to a salesman or professional in the business. Larry Morris, of The Quick Home Finder, LLC understands this, so he has developed a system that is accessible to the general public. It’s an MLS search tool that doesn’t require a real estate license and payment of board dues to have access to.

Even experienced realtors and investors are impressed with this new search tool. Ralph Marcus Maupin of Budget Realty, LLC stated “I’m impressed because the site contains photos which allow buyers to see what they’re considering without leaving their computer screen. The site also has Google mapping of each property and simple, powerful, yet flexible search criteria.”
If you are looking to buy a home, begin your search with http://www.TheQuickHomeFinder.com then call Larry Morris at Real Estate One where his team of service professionals will work together to structure a deal customized to serve your needs to close your transaction
The Real Estate One Family of Companies is a team of professionals working to provide competitive mortgage interest rates, rock solid insurance policies and relocation assistance. The market research reveals those buyers who take advantage of more than one of the services often benefit financially, increasing the long term satisfaction with a new home purchase and creating a long term relationship with the Real Estate One Family.

Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com
The Quick Home Finder serves Oakland, Wayne, Macomb, Washtenaw and Livingston Counties.

Topic: State Foreclosures Only Produce More Questions

The leading short sale and pre-foreclosure expert nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his articles for your reading. You can find great value from his workshops and his free reports and CD’s:

Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)

Topic: State Foreclosures Only Produce More Questions

By: Jeff Kaller Republished by Ralph Mark Maupin

Nationally, much of the blame for the current housing downturn has been placed on easy access mortgages that targeted many consumers who are now unable to pay.

Although clearly the market is going down, the foreclosure issue is far more complicated to some. Industry insiders who make their living from mortgages say some statistics are multiply by a factor of 2 to the number of foreclosures recorded. A state level mortgage executive clams that federal government is “double dipping” the numbers by counting second mortgages, using an inconsistent sample population from year to year, and counting all the different phases of a foreclosure as new filings. He point is well taken, clearly complicating the issue.

However with more that 5 percent of American homeowners delinquent in their payments, a jump of three-quarters of a percentage point from last year, and the numbers are still staggering. But lately, several options have surfaced to aid the troubled homeowner. One choice of particular interest is the pre-foreclosure sale, it allows you to sell your home and pay off your mortgage before a foreclosure, thereby preventing damage to your credit rating.

Not your typical real estate investor, pre-foreclosure specialist Jeff Kaller, advises, “Home owners need to know what terms they have, pre-foreclosure investor want to assist in finding the best option for the plan…the majority of lenders don't want to foreclose.” This could be a clear indication for many homeowners facing a possible foreclosure to pull out their mortgage documents and double-check the terms.
Nationwide, foreclosures continue to be on a steady rise; 36 percent from July to August with an eight-month total of 244,000 foreclosed homes, an increase of 115 percent from last year. Currently, foreclosures are soaring in Maryland, and many of the loans that homeowners are defaulting on are interest-only loans where no principal is paid. For which the interest-only periods have recently ended. Many other borrowers took out adjustable-rate mortgages (ARMs) over the past two years, and now the low initial payment period of the ARMS has ended. In both cases, borrowers are finding themselves equally trapped with higher interest rates that translate into significantly increased monthly mortgage payments that could go even higher.
“Government officials are steadily trying to develop ways to assist strapped families, now that the housing boom the nation experienced over the past five years has declined,” said real estate investor and pre-foreclosure investor Jeff Kaller.

Free Website for the General Public to Search for Homes in the Metro Detroit area-Michigan

Discover the Best Source for Finding a Home to Rent or Buy in Southeast Michigan

There is a simple way to search for a home to buy via the internet. This free home locating system makes finding a home to rent or buy quick and easy. The Quick Home Finder serves Oakland, Livingston, Macomb, Washtenaw, and Wayne Counties in Southeast Michigan. Real Estate One Michigan’s largest real estate broker, Associate broker Larry Morris has partnered with one of the largest home finders on the internet. This is an outstanding service that has actually placed all the power in the hands of the buyer.
“Real Estate One has 75 years and three generations of family heritage in the real estate business. In spite of a slowly emerging economy, this past year held a record number of milestones. With over $5.4 billion in sales volume for our combined real estate services, including brokerage, mortgage, and title insurance, we continue to grow at a faster pace than any of our competitors, regardless of size. In every market and every price range, we hold a dominant position and have sold more homes than any other residential broker in the state of Michigan” says Morris.
If you are looking to buy a home, begin your search with http://www.TheQuickHomeFinder.com then call Larry Morris at Real Estate One where his team of service professionals will work together to structure a deal customized to serve your needs to close your transaction
Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com
The Quick Home Finder serves Oakland, Wayne, Macomb, Washtenaw and Livingston Counties.

Hiring Contractors to Rehab Investment Property or Home Owner Property

By: Ralph Marcus (Mark) Maupin, Jr.

If you buy investment properties, what do you need to know about hiring contractors?
Where do you find contractor? Ask for referrals from other investors. You can also go to Home Depot early in the morning where the contractors check out. Talk to the clerks about who are the regulars and talk to the contractors in line. Check out their work start to finish and their references. Home Depot is a great place to find a reasonable crew that works for builders.
Does the contractor need insurance? You need to make sure you or your contractor has two types of insurance. They are:
A. Workman’s Compensation Insurance: If you are doing a lot of rehabs, you will want to get a minimum workman’s compensation insurance. If your contractor has workman’s compensation insurance, you will want him to give you a copy of his insurance with you shown as an additional named insured. You then have proof of coverage. Even if you have a minimum policy covering you, you will still need the proof of coverage for your insurance carrier or you will be charged for their cost on your own policy. If you hire a contractor working by himself he can choose to exempt himself from workers compensation, but he needs to sign a form that you get from your insurance company.
B. Liability Insurance: Make sure again that you’re named as additional insured on your contractor’s policy or have your own policy. You should talk to insurance experts to determine the amount of coverage you need.
C. Builder’s Risk Insurance: You may want to check on getting builders risk insurance for other coverage on your equipment, tools, and etc.
How do you pay your contractor? If you are dealing with new contractors that you don’t have a track record on, I recommend that you buy a small amount of materials and see that they get the materials to the job. Only pay for the work that gets done. The question you need to ask yourself is if the contractor walks from the job is there enough money to hire someone to finish the job. Even experienced investors, as well as new investors make the mistake of paying out too much on the job all the time. I have had Home Depot call me and tell me that my contractor is bringing materials back for a cash refund. I have had great contractors who I have had a long relationship with me walk off the job. It is a must to hold back enough dollars to hire someone to finish the job. I don’t care how long you have worked with contractors you have to inspect the job before paying. If you don’t inspect the work, don’t get in the business. Consider placing a provision in your contract that final payment is contingent on passing a city certification inspection.
Should you have a contract with your rehab crew? I say yes. At the end of this article is a sample contract. See your attorney for what you need in your contract.
Should you pull permits? Yes, Yes, Yes!!! The people I see who try to bypass the system and city inspectors just end up in trouble and end up doubling their cost. The short cut to getting the job done is to pay for the permits required.
Next week we will talk about mistakes made in contracting.
The comments in Mark's Corner are shared personal experiences. They are not intended to be legal or accounting advice nor solutions. You should always consult with the appropriate professional when making decisions.
Copyright. 2004. R. Maupin
All rights reserved.
INDEPENDENT REHAB CONTRACTOR AGREEMENT
This agreement is entered into this day of _________________________. 20 , in the city of ___________________, State of Michigan between ____________________, (owner) of 17177 Laurel Park N, Ste. 265, Livonia, MI 48152 and:
Contractor: ________________________________________________________
Contractor is a Corp. ( ), Ltd Liab Co. ( ) Partnership ( ) Sole Proprietorship ( )
Street Address: ____________________________________________________
City, State, and Zip: ___________________________MI___________________
Phone: ( ) ___________________ Fax: ( ) _________________________
Pager: ( ) ____________________ Cell Phone: ( ) ____________________
Emp. Fed. Tax ID No (EIN):_________________ Soc. Sec. No._____________
Contactor License No (s):__________________ Type of License: ____________
Person authorized to sign and bind Contractor: ____________________________
1. Schedule: The Contractor agrees to commence work on: __________________, 20 . The Contractor agrees to complete all work by: ______________________, 20 , subject to excusable delays such as strikes, unavailability of building supplies or acts of nature. Owner reserves the right to cancel this agreement and Contractor agrees to forfeit the balance of money due under contract if work is not completed by this date. The contract herein shall be void at the option of Owner, if contractor does not commence work within ___________________________ (____________) days from the date of the signing of this contract.
2. Scope of Work: Contractor agrees to provide the following described labor, materials and construction in accordance with plans and specifications as may be referred to herein on the following described property:
(A) Address of work site: ___________________________________________________
(B) Description of work (Describe Labor, materials and Equipment to be furnished. Attach additional pages, estimates, and work sheets if necessary.
________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Other Special Provisions:______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
The Contractor’s supervisor/project coordinator of this project shall be designated agent for the Contactor. The name of the person is: ___________________________________
3. The Contractor agrees to perform this work in a workmanlike manner and to comply with applicable building and construction codes for residential and commercial structures. The Contractor warrants that his work will conform with such codes and pass any governmental inspections. (If any plans or specifications are part of his job, they are to be attached and made part of this contract).
4. Price: Owner agrees to pay to the contractor for the satisfactory performance of the contractor’s work subject to the terms and conditions of this agreement:
Total Contract amount: _________________________.
Initial Payment Amount: _________________Payable on _________________.
Extra work, if any, will be priced as agreed.
Payments will be made only on satisfactorily completed work based on progress inspections done by Owner’s approved supervisors. Contractor has the responsibility of arranging time for inspections. All check requests must be submitted by Wednesday proceeding for Friday payments. Should work not be performed to Owner’s satisfaction and /or accordance with the codes and standards in paragraph #2, Owner will retain a sufficient amount to complete the work as a final payment until the contractor brings the job up to code and/or Owner’s satisfaction.
5. The following is prohibited unless agreed to in writing and signed by Owner and Contractor: extra services and work, deviation of the work as specified herein, or assignment or subcontracting of the work to be performed.
6. The Contractor agrees to indemnify and hold harmless the Owner of the property from any liability or claims arising directly or indirectly from the Contractor’s work under this contract whether due to Contractor, its employees, workers, and agents or any other person hired by the contractor. (This includes Construction (including mechanics and materials) liens). Contractor agrees to pay all fees and costs incurred in defense of Owner and or Owner. Contractor specifically agrees to assume and pay any liens that shall be filed by its sub-contractors.
7. The Contractor agrees to obtain and pay for: Workers Disability Compensation Insurance, Personal liability Insurance, Errors and Omissions and/or contractual Insurance, Public Liability Insurance, and any other Insurance or Bond coverage, or submit appropriate waivers which may be necessary or required by Owner, the municipality and/or State of Michigan. Copies of such documents, binders, declaration sheet, proofs, or waivers will be presented to Owner before commencing work.
8. The Contractor agrees to pay and withhold where required all federal, state and local taxes on the money earned from Owner for itself or its employees and to file all proper tax returns. Owner will not withhold any sums for any sums for any taxes due Contractor. Contractor’s relationship to the Corporation shall be that of an independent contractor and not of an officer, employee, or agent of Owner. No partnership, joint venture, or similar relationship is created by this Agreement. The Corporation shall have no liability to Contractor except to pay its compensation under this contract.
9. Building permits will be pulled by: _______________________. Costs will be paid by: __________________________. City certificates will be obtained by: ___________
_________________________________.
10. No modification of this contract will be effective unless it’s in writing and is signed by both parties hereto. This contract binds and benefits both parties, assigns, personal representatives and any successors. Time is of the essence of this Contract. This document, including any attachments, is the entire agreement between parties. The laws of the State of Michigan govern this Contract.
This is a legal contract. If there is anything you do not understand about this contract or the language, DO NOT sign it. It is recommended that you consult with a legal or tax advisor of your choice. It is assumed by you signing this contract that you have either consulted with your advisors or have decided not to do so.
The parties accept the terms and agree to abide by them.
Owner
Dated____________________20___ By: ________________________________
Authorized Agent

Witnesses: Contractor:
___________________________________ __________________________
____________________________________ ___________________________
Signature Authorized Agent
__________________________________
Printed Name

Disclaimer
Real estate investing by nature is risky. You can win, lose, or break even. We cannot guarantee a profit or loss. We do not provide legal, accounting, or contracting advice.

Please visit my website at Free Forms and Information on Real Estate investing http://www.detroitinvestmenthomes.com , http://www.MegaEveningEvent.com and http://www.MrLeaseOption.c

Record State Pre-foreclosures

The leading short sale and pre-foreclosure expert Nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his articles for your reading. You can find great value from his workshops and his free reports and CD’s:
http://www.ShortSaleBreakthrough.com Real Estate Discount Breakthrough - How Short Sales Can Make You Rich
http://www.FreeRealEstateMentoring.com What the Gurus Won't Tell You. Real Estate Investing - Free Report
Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)
Record State Pre-foreclosures
By: Jeff Kaller Republished by Ralph Marcus Maupin (Mark)

“It's a difficult situation, many overextended homeowners not in default yet won't be able to refinance because of ever stringent credit requirements and will eventually lose their homes to foreclosure unless they are prepared with more options" stated Jeff Kaller Preforeclosure professional and investor.
Recognizing that preforeclosure filings indicate homeowners are in default on their mortgages and may include notice of default or notice of auction. National figures indicate that Florida recorded 111,236 year-to-date pre-foreclosures, second only to California's 132,101. Only Nevada had a higher rate of preforeclosures: 25.5 filings for every 1,000 households. Colorado, Illinois and New Jersey rounded out the top five states.
Preforeclosure filings do not necessarily result in homes being lost.

State Residence can make a difference
“With foreclosures spiking around the nation, homeowners should learn the foreclosure laws in their states, truly in this case what you don't know can actually harm you,” states Kaller, “In Alabama, late-paying homeowners can lose their properties to foreclosure in record time - as little as 30 days after a delinquency notice is published.” However, in the state of New York, the process can drag on for well more than a year.
States with long time frames include Florida at 180 days.
Kaller points out that labor force growth and business expansion should be weighed against the real estate market conditions.

Preforeclosures and Terms

One major point is whether the principle instrument securing the loan is a conventional mortgage or a "deed of trust." Kaller indicates that they are not the same even though everybody uses the term "mortgage" interchangeably. “Deeds of trust are the more common of the two, used in 34 states either mostly or exclusively,” says Kaller.
Mortgages involve two parties, borrowers and lenders, while deeds of trust have third parties, called trustees, who hold temporary title to the properties until borrowers pay off their loans.
That difference can be crucial when a borrower falls behind in payments. With deeds of trust, the trustees don't have to go to court to initiate a foreclosure; with a mortgage, the lender almost always does, which slows down the process.
In states where deeds of trust are an option, lenders almost always choose them over mortgages, because they are "non-judicial" - and quick.
According to Jeff Kaller, Mr. PreForeclosure, provides investors with step-by-step instruction needed to make a fortune in Pre-Foreclosures. He is a professional lecturer and author of "Preforeclosure and Short Sales" Home Study Course. Jeff holds several national conferences nation wide every year.

This Home Locating System Makes Finding a Home to Rent or Buy Quick and Easy

Real Estate One Michigan’s Largest Real Estate Broker, Associate Broker Larry Morris, Has Partnered with one of the Largest Home Finders on the Internet

The web site is http://www.TheQuickHomeFinder.com a new system of finding all Metro Detroit Multi Listing Service (MLS) properties without talking to a Real Estate agent. The internet has made total change in way that realtors will be doing real estate home searches. Real Estate One is a major investor in the latest internet research to bring the public what they want. The new age is that the customer wants to do more of home hunting and picking out what they want to see. The Quick Home Finder is an easy to use, comprehensive way to find the perfect home to buy or rent. Whether looking for an investment property or dream home the trained staff of real estate insiders is ready to assist. The best news is that the site is free to use.The Quick Home Finder was created by real estate professionals who believe that all people can make great decisions with good information. There are so many great neighborhoods and communities in the Michigan area. Whether someone is coming from outside the region, or moving across town, finding the right home is a challenge. The Quick Home Finder can help explain all options, from beautiful towns and suburbs to city neighborhoods and specific homes.
The staff of trained real estate professionals can provide the insight needed to make an informed decision. The web site is simple to use and navigate and features large property pictures, search criteria fields and maps. With The Quick Home Finder search for homes that are listed with companies such as Century 21, Real Estate One Keller Williams, Coldwell Banker, Re/Max and all other Metro Detroit Brokerages.
Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com
The Quick Home Finder serves Oakland, Wayne, Macomb, Washtenaw and Livingston Counties.

Lead Base Paint Disclosure

By Ralph Marcus (Mark) Maupin, Jr.
What can happen when you don’t get a signed lead base paint disclosure? We purchased a 2-unit apartment building about a year and half ago from a seller who was being sued by his tenant for lead base paint problems. He had no knowledge of lead base paint. When we resold the property a short time later, we disclosed the same, as we had no knowledge of the lawsuit of the problem. Since we had disclosures signed by the seller, we avoided a lawsuit from our buyer. Take the time to get lead base disclosures on every sale. Have the seller fill them out. We have forms you can use in our free forms section.
The comments in Mark's Corner are shared personal experiences. They are not intended to be legal or accounting advice nor solutions. You should always consult with the appropriate professional when making decisions.

Disclaimer
Real estate investing by nature is risky. You can win, lose, or break even. We cannot guarantee a profit or loss. We do not provide legal, accounting, or contracting advice.
Please visit my websites (free forms and Information) at http://www.detroitinvestmenthomes.com , http://www.MegaEveningEvent.com and http://www.MrLeaseOption.com

Pre-foreclosures and Terms

The leading short sale and pre-foreclosure expert Nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his articles for your reading. You can find great value from his workshops and his free reports and CD’s:
Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)
Preforeclosures and Terms
One major point is whether the principle instrument securing the loan is a conventional mortgage or a "deed of trust." Kaller indicates that they are not the same even though everybody uses the term "mortgage" interchangeably. “Deeds of trust are the more common of the two, used in 34 states either mostly or exclusively,” says Kaller.
Mortgages involve two parties, borrowers and lenders, while deeds of trust have third parties, called trustees, who hold temporary title to the properties until borrowers pay off their loans.
That difference can be crucial when a borrower falls behind in payments. With deeds of trust, the trustees don't have to go to court to initiate a foreclosure; with a mortgage, the lender almost always does, which slows down the process.
In states where deeds of trust are an option, lenders almost always choose them over mortgages, because they are "non-judicial" - and quick.
According to Jeff Kaller, Mr. PreForeclosure, provides investors with step-by-step instruction needed to make a fortune in Pre-Foreclosures. He is a professional lecturer and author of "Preforeclosure and Short Sales" Home Study Course. Jeff holds several national conferences nation wide every year.

When Buying a Home it is Very Important to Have a Qualified Team from Purchase Agreement to Financing and Closing

Michigan’s Largest Real Estate Broker Pledges to Stand by their Merit and Name to Serve the State of Michigan with Excellence

Larry Morris an associate broker with Real Estate One fully understands why this is the leading real estate broker. They are affiliated with a host of other companies that help make them a success. John Adams Mortgage Company offers quick approval, equity and bridge loans with a variety of mortgage products designed to meet specific needs. Capital Title Insurance assists sales associates and customers by coordinating the details of the transaction. Insurance One provides complete insurance coverage, also including auto and life, for associates and customers. Home Services One helps customers coordinate the many details connected with a move, from hiring a moving company to cleaning carpets. First American Home Buyers plan offers a one year residential service contract that provides repair and replacement coverage on many of the home’s major systems and appliances that fail due to normal wear and tear.
If you are looking to buy a home, begin your search with http://www.TheQuickHomeFinder.com then call Larry Morris at Real Estate One where his team of service professionals will work together to structure a deal customized to serve your needs to close your transaction

Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com
The Quick Home Finder.com services the following Counties, Townships and Cities:

Oakland County Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte. Washtenaw County: Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and YpsilantiLivingston County:Brighton City, Cohoctah Township, Deerfield Township, Green Oak Township, Handy Township, Howell City, Iosco Township, Village of Fowlerville, Brighton Township, Conway Township, Genoa Township, Hamburg Township, Hartland Township, Howell Township, Marion Township, Putnam Township, Unadilla Township, Village of Pinckney

Lessons Learned about Buying Foreclosures and Selling on Land Contract

By: Ralph Marcus (Mark) Maupin
Today’s questions are several. Can you buy a house in foreclosure and resell it on a land contract (Contract for Deed) or lease option to the person losing it? Can you buy a home on a new mortgage and resell it on a land contract?
It is very common for someone in foreclosure to ask someone to buy their home out of foreclosure and resell it to them on a land contract or lease option. Does it seem ok to buy a house out of foreclosure for $100,000 and then give the person who was foreclosed on a one year lease option for $130,000?? In my world, the answer is no! If you are in front of a judge, if it looks like a duck, walks like a duck, and acts like a duck, it is a duck. The interest earned on this transaction is 30%. If this is declared an equity loan, the optionee can use usury as a defense against you. The result could be high legal fees, and a loan re-computed to zero interest. You are also subject to penalties by law. A better solution to the above situation would be to do a lease option for this person on a different property if you feel that he is credit worthy.
What is the proper way to resell a house in which you have purchased on a new mortgage? It has been a very common practice to sell the house on a land contract. The new owner then continues to make payments on the mortgage without the mortgage company knowing that there as been a land contract sale. I recently attended a Continuing Education class for realtors and learned that this is in violation of Federal law. Rather then sell the property on a land contract you might consider doing a lease option on the home thus not being in violation of any law. You should be aware that mortgages generally have acceleration clauses that allow them the discretion to declare the mortgage balance due if you violate their prohibitions against re-selling or doing conveyances that look like a sale.
Disclaimer: Real estate investing by nature is risky. You can win, lose or break even. We cannot guarantee a profit or loss. We do not provide legal, accounting or contracting advice.
Please visit my websites (free forms) at http://www.detroitinvestmenthomes.com , http://www.MegaEveningEvent.com and http://www.MrLeaseOption.com

Pre-foreclosure Training and Information Perspective

The leading short sale and pre-foreclosure expert Nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his articles for your reading. You can find great value from his workshops and his free reports and CD’s:
Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)
Preforeclosure Training and Information Perspective
by: Jeff Kaller Republished by Ralph Mark Maupin
Trying to find a great deal in real estate, even if the market is attractive and competitive it only means bargains do exist. In comparison to most financial portfolios where there's simply too much risk, real estate is still the most attractive path.
Fundamentally the sure way to find a great real estate deal is to identify a motivated seller in the right market. No doubt a preforeclosure purchase can be a great way to save money on buying a home or investing in real estate.
There are numerous seminars and how-to books that promise to turn even the most raw na├»ve buyer into a high-powered real-estate investor through the magic of preforeclosed homes. The problem is that instant, no risk, no-strings attached wealth often turns out to be like most things that sound too good to be true…not true! If it were easy money, everyone would be getting rich off of preforeclosures.
Word to the wise, if you are not armed with the latest preforeclosure information and techniques, it is quite possible the investor will become overwhelmed and possibly drown in a sea of financial losses.
It’s important to understand that even in a distressed market like today, motivated sellers are aren’t going to magically appear and speak directly saying, “I need to sell my house to you and you only.”
With more than 1.2 million foreclosure, preforeclosure, bankruptcy, FSBO and tax lien listings, it’s important for training in the analysis and search of large and complex databases of foreclosed homes and investment property information. Being able to identify opportunities while researching top lending institutions and government agencies Real Estate Owned; Department of Housing and Urban Development, Department of Veterans Affairs, Fannie Mae, and other government agency and financial institution properties is essential.
A trained investor will know the plus and minuses of private deal "buying equity," i.e. investors pay the owner a fee and then take over the existing debt and the home. This protects the homeowner's credit report from the black mark of foreclosure.
As well knowing that buying equity this way is difficult in a seller's market because the owner could just as easily sell the home and usually pocket a greater amount in appreciation than an investor would be willing to pay.
Buying during the foreclosure period is one of the best ways for anyone to get involved in real estate investing. With a small investment and some specialized knowledge an investor can buy a house at a substantial discount and resell it retail gain up to 15% - 20% profit in the process.
Editorial by Mr. Jeff Kaller. Jeff is Mr. PreForeclosure, he provides investors with step-by-step instruction needed to make a fortune in Pre-Foreclosures.

The Quick Home Finder allows Consumers look at Homes from the Comfort of their PC at Home

Michigan’s Struggling Real Estate Market is Getting Help from a New Online Search Tool for Finding Homes for Sale

There is a new way to shop for a home by a simple touch of the computer. The Quick Home Finder is the answer. Larry Morris is a buyer broker who has years of experience buying foreclosure homes for a very large real estate investor. Morris has managed his own portfolio of property as an investor and he knows how to get a great buy in real estate. He is doing full time for his home buyers.

Home buyers can obtain information about new properties coming on the market daily through The Quick Home Finder, LLC. Many good deals and new listings are added each day. Morris has made this into a system that works for buyers. Buyers can go to The Quick Home Finder and browse the site hassle free. When they are ready to see a property, they have the expert advice of Larry Morris and his team available for assistance.
“Realtors have access through the MLS to every home that is listed for sale within a certain area. The best service I have seen on the market in Michigan is The Quick Home Finder. This is the new free, quick and easy way to use the internet to search for homes on the MLS”, says Ralph Marcus Maupin, Jr., (Mark) Co-founder of National Real Estate Network LLC.
Contact:Larry Morris1 (248) 544-9040 1(888) 851-3710For more information: http://www.TheQuickHomeFinder.com

The Quick Home Finder.com services the following Counties, Townships and Cities:Oakland County Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte. Washtenaw County: Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and YpsilantiLivingston County:Brighton City, Cohoctah Township, Deerfield Township, Green Oak Township, Handy Township, Howell City, Iosco Township, Village of Fowlerville, Brighton Township, Conway Township, Genoa Township, Hamburg Township, Hartland Township, Howell Township, Marion Township, Putnam Township, Unadilla Township, Village of Pinckney

Is Big Better?

by: Ralph Marcus (Mark) Maupin, Jr.
At one time in my life I was buying 7-8 Houses a month, fixing them up and then reselling them. Then I got the bright Idea that if I can buy and sell 7-8 a month, I can buy and sell 80. This was a choice that eventually led me to Bankruptcy. This has not been that long ago. Twice in my life I have made a lot of money and then took on a large growth spurt and got a large learning experience in business failure. The last one resulted in bankruptcy. It is hard when things are going well to not be seduced by more is better. When you have something working for you, it is easy to become overconfident and start to think of multiplying it. As with things in life, you want to be sure when you take on something, that you complete it. “Pumping up the volume” puts you at risk of not having the structures and being set up to deliver on what you are committed to. You naturally encounter problems that are not present on the smaller scale. It is hard when things are going well to not be seduced by more is better. I had to learn personally that “Pride goeth before the fall”. The bottom line is that there are always good deals in Real Estate! I say measure your success one house at a time. Buy investor property—fix it up, resell it, rent, do a lease-option, but do it one house at a time. Multiple Purchases? One of the most common mistakes I see in business is where investors come into the business and think they need to do multiple houses at a time. Try this on: Try doubling the cost you think it will take to fix the property, doubling the time you think it will take to rehab the property and figure your holding costs doubled (insurance, mortgage payments, taxes, lights, gas, rehab cost). Great deals in Real Estate don’t come in houses fixed and ready to sell. The great buys come from houses that need work. If you are just getting started, stick to cosmetic rehabs (paint and carpet), Don’t take on major rehabs. It will take time to develop rehab crew. The most successful people I see in Real Estate take on doing houses one house at a time. Failures are great if you look at them and ask what action was missing would have made a difference. Hard money lenders? Pitfalls are using very expensive money. For years I ran a business financed on money from Real Estate Investors who are called “Hard money lenders” who look at collateral and loan money based on that interest can be 18% higher when you figure in the closing costs. When you get multiple properties in this condition you are going to have interest payments that are going to be double—triple what conventional financing is in Real Estate. Combine that with the common lie we tell ourselves that we can repair the house and put it back on the market for sale or rent in a short time. Your overhead would rise because you would need a staff to manage and rehab everything. Can you see this is a recipe for upset for everyone? Now if you are doing one house at a time---your overhead will probably stay very low, very little staff, you have limited you expenditure of time, money, and aggravation. At one time my overhead was + $50,000.00 per month. I had to depend on other people to do everything, including checking the work. The sale I was making was going 100% to payments and I kept telling myself I will turn it around tomorrow. Now I had a house not finished, and houses being lost in foreclosure and for taxes. Now I am a motivated seller and bankruptcy was looming large. My overhead was still there, I attempted to wholesale deals, so I decided I would no longer do find, repair, and resell homes. I will find great buys and sell them to other investors. Starting Over Basically I started my business over. It takes a great amount of time to get list of investment deals. This business is built on the concept you can borrow you way out of debt. It does not work. You have family, friends, business associates that get hurt and destroyed. I’m not saying this to tell you a sad story, but rather in the hopes out of sharing it, some one else can avoid the pain of my mistakes. To see what you can learn for yourself. I am 53 years old and starting over. I have the knowledge to build a business with the proper foundation. I teach Real Estate investing class now looking at pitfalls and what is needed to do one deal at a time. My advice to you on handling real estate transactions is : Use Title companies What can happen to you when you fail to get title insurance. We had a participant in one of our seminars. He purchased a house to fix it up. He invested over $40,000 into the home in both repairs and purchase price. When he went to refinance he found out the person he purchased the house from was not in the chain of title. In other words, he did not have a clear title. Whenever you purchase a home always close through a title company with title insurance on the property. Title insurance is insurance insuring the borrower or lender that they get the property with marketable title. The will only insure the property for the purchase price or for the amount of the mortgage. Use a Lender that makes good common sense. Interview lenders. Go to Real Estate Investor Clubs to find out from other investors who are the companies doing the best job. Is there risk when you use a lender that wants to cross collateralize loans or wants personal guarantees? One lender I know will get one-two year mortgages and demand a right to lean all the properties you own on the loan you are getting. Just beware if you are buying the property to fix up and resell there are things that you don’t always plan on like: twice as much rehab cost as you planned for, longer marketing time than you initially thought resulting in added holding costs, or maybe the market moves the wrong direction and you can’t sell so you rent it. Now one of your other properties or even your personal residence needs to be refinance. You now have lien showing against the property. Now what do you do? Think before you jump. If you have purchased the property right, you should be able to borrow money based on the equity of that property---not your home and other properties. This same lender will ask for a personal guarantee signed by you, your wife, and your partner. This personal guarantee allows his mortgage company to lean anything the partner and wife own. Not only that, but this particular lender demands that you use a Title Company he owns. Now when you want to sell another one of your houses and this same cross collateral loan will show up on any property you are selling. Now you are faced to use his title company and he won’t release his loan. Beware of putting yourself in a situation where you are using a person who controls the lending, title work, the appraiser, and Real Estate Company. Do you think if you had your title work placed with a company the Lender had ownership in you might run into a problem getting the documents released or have a clean closing at the same title company. Why risk letting human emotions drives a stake into your deals. Keep an arms length distance inside your dealings. If you are selling homes or wholesaling property, let the buyer find his own lender and make sure you get an independent title company. Make sure there is not a conflict of interest in the Title Company, Mortgage Company, and Real Estate Company. Keep the integrity in the deal. I am sure there are title companies, real estate companies, and mortgage companies, where there is common ownership that run very good businesses and can separate the conflicts of interests and profit centers. Make sure you receive proper disclosure of the common ownership. You can always look at the volume of business they are doing in each business and check with the state of Michigan Licensing Dept. for any complaints against the firm. The web-site is www.michigan.gov. Feel free to check out my Web Sites: Free Forms and Information: http://www.MegaEveningEvent.com , http://www.DetroitInvestmentHomes.com or http://www.MrLeaseOption.com

Pre-foreclosure One on One

The leading short sale and pre-foreclosure expert Nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his interviews for your reading. You can find great value from his workshops and his free reports and CD’s:

Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)
Pre-foreclosure One on One
By: Jeff Kaller Republished by: Ralph Marcus Maupin, Jr.
Homeownership is becoming an ambivalent reality for more and more Americans across the nation. Over the past seven years, homeownership numbers reached almost seventy percent, even with critical mortgage issues looming, the increase reflects the highest rate ever. However there are remains many Americans don't realize that homeownership and investments are still within their grasp.
We sat down with preforeclosure expert and real estate entrepreneur Jeff Kaller to gain some insight into the preforeclosure market.
Reporter: How do you explain the current real estate market?
Kaller: As interest rates rise, more and more homeowners are falling into foreclosure situations. Clearly this reality prompts flood of bargain-hunting investors in every real estate market and courthouse auction across the country.
Reporter: Is there general advice as to what to invest in first?
Kaller: Professionals specialize in niches, such as low-income housing or condominiums. Less-seasoned investors should stick with single-family homes in lower-middle- to middle-class neighborhoods, where resale likely will be easier
Reporter: Can you give us a working definition of preforeclosure short sell procedure?
Kaller: Sure, its really very simple, a procedure in which the borrower is allowed to sell his or her property for an amount less than what is owed on it to avoid a foreclosure. This sale fully satisfies the borrower's debt.
Reporter: What is your advice to investors regarding timing?
Kaller: The great thing about this market is that investors can get in the game before or after auctions, too. It’s also possible to try to buy directly from homeowners beforehand or from lenders who is successful in the auction.
Reporter: As an investor, are there general legal issues that stand out?
Kaller: Here is an important pitfall: Some states give foreclosed homeowners time to reclaim their property by paying the auction price, often plus an additional percentage. For example in Colorado, homeowners have 75 days (though the state is set to eliminate that grace period). So you could spend tens of thousands of dollars remodeling a house, only to have the original owner grab back the newly improved home.
Reporter: It appears professional training is the key for a profitable investor venture. Can you give a few “no brainer” reasons for preforeclosure investing?
Kaller: Absolutely, for one, “Instant Equity,” many properties have equity available due to a purchase price below market value or ‘short sale’ on the part of the bank. Second, new construction is standard for many foreclosure properties due being one to two years old with builder warranties still in place. For investors, the property is ready to rent, such as preforeclosures; the sellers are often interested in renting the home as a tenant. This gives them time to repair credit and perhaps re-purchase the home in the future and if you are seeking the home for yourself, it’s ready to move in for owner occupied. The most important feature is you get more house for less money.

The Quick Home Finder is the Latest and Greatest Home Search Site when Purchasing Real Estate in Southeast Michigan

Real Estate Buyers are Giving a Nod of Approval for this Fast and Effective Way of Property Searching

Real Estate One, Michigan, is a major investor in the latest internet research to bring the public what they want. The new age is that the customer wants to do more home hunting and choosing what they want to see. The Quick Home Finder is an easy to use, comprehensive way to find the perfect home to buy or rent. Whether looking for an investment property or dream home the trained staff of real estate insiders is ready to assist. The best news is the site is free. Larry Morris is a buyer broker who has years of experience buying foreclosure homes for a very large real estate investor. Morris has managed his own portfolio of property as an investor. He knows how to get a great buy in real estate and he does it full time for his home buyers.
Home buyers can obtain information about new properties coming on the market daily through the Multi Listing Service (MLS) computer network. Morris has made this into a system that works for general public. Anyone with a computer can go to http://www.TheQuickHomeFinder.com and review the site hassle free.
When you find a property or list of properties you want to see, choose Real Estate One for their services from access to see the property to financing and closing.Contact:Larry Morris1 (248) 544-9040 1 (888) 851-3710For more information: http://www.TheQuickHomeFinder.com

Lessons Learned About Mortgage Companies

By: Ralph Marcus (Mark) Maupin, Jr.Over the years I have learned that almost all investors want mortgages that will give them loans that include dollars for rehabilitation and renovation of investment properties. There are many investor programs offered by thousands of mortgage companies. Some Mortgage Companies have programs that will loan funds as part of the loan package money for rehab and renovation. Some have programs where they set up escrows for rehabilitation and renovations and have inspections on the work in process in order to get the next draw. Due to the vast number of rules and with lenders all having different policies we are now adding disclosures in all of our real estate purchase agreements and related forms to assure buyers are using lenders that have programs that work for borrower (buyer), seller, realtor, wholesaler and lender. We now use the following disclosure language in our purchase agreements, addendums, assignments, and buyer broker agreements: Lender and Title Company Restrictions. The buyer (s) and seller (s) agree that buyer (s) will disclose to buyer’s lender all relevant considerations regarding the purchase of this property. Due to the nature of this transaction, buyer (s) will only use a lender that allows buyer to receive funds from the seller to cover allowable closing costs, permissible allowances and expenses of rehabilitation and renovation. This purchase agreement is void if buyers (s) and/or their choice of lender knowingly violate state or federal laws that govern this transaction. If found in violation of applicable law, buyer agrees to forfeit their good faith deposit. Title Insurance Companies, as part of the services they perform, carry out the terms and conditions of the purchase agreement and any other relevant sales documents. They make sure that the purchase agreement and other documents you use in your real estate transactions are complying with what the lender, Title Insurance Company, and laws ask you to do. They review and check to make sure they put all charges on the HUD statement so the lender can see all expenses that are being paid at the closing. For example, the following should appear in the closing statements: commissions, rehabilitation and renovation escrows, builders allowance, wholesaler’s fees, and assignment fees. If the Title Insurance Company does not place an expense on the HUD or other closing documents, ask them to amend their closing statements. If they cannot do so and/or if the closing must proceed as scheduled, then make sure all parties to the transactions sign off and are advised of the changes. It goes without saying the mortgage company must be advised of the omissions by the Title Insurance Company. Please visit my websites at http://www.detroitinvestmenthomes.com , http://www.MegaEveningEvent.com and http://www.MrLeaseOption.com
Free Forms and Real Estate Information

Frequently Asked Questions on Short Sales and Pre-foreclosures

The leading short sale and pre-foreclosure expert Nation wide is Jeff Kaller. His students have really done well in our Michigan Market. If they do well in Michigan depress real estate market you know Jeff Kaller is doing a great job of teaching the short sale business. This is one of his articles for your reading. You can find great value from his workshops and his free reports and CD’s:
Check out his workshops- Jeff is doing them all over the country http://www.JeffsWorkshop.com (LA in January)
"Frequently Asked Questions"
By: Jeff Kaller Republished by: Ralph Marcus Maupin,
Here are 10 frequently asked short sale questions that are very helpful especially if you are just getting started or considering short sales as a means to acquiring pre-foreclosures.
1. What happens to the seller's credit rating when they allow an investor to short sell their property?The way it show on the credit report is that the loan is "paid" or “settled”; however there will be a notation that says "settled for less than originally owed" or something along these lines. Be careful how you state this. Each lender and reporting agency will say it a little different and the credit will still be affected even if a short sale is accepted, approved, and closed because of all the previous late payments. 2. Where do you find buyers for short sales?Depending on where you live, you may see investors who advertise with bandit signs or in your local newspaper. Call the investors directly and ask them if they are interested in purchasing a deal you have. Another good place is your local real estate investors club meeting (REIA). My favorite way to find buyers is using the MLS (multiples listing service). I like flat fee companies because it cuts down on commissions. 3. Define a short sale?A short sale is a workout plan that the banks have in place to help homeowners and themselves prevent foreclosures. When the mortgage company agrees to accept less than the loan amount to them to avoid foreclosure process. A negotiated short sale results in a discounted purchase price for the buyer/investor. The buyer would finance the acquisition much the same as in any other conventional acquisition or the investors can use some creative strategies.4. Can an owner profit from a short sale?The seller cannot profit (monetarily) from a pre-foreclosure short sale in most cases. FHA programs will give an incentive fee of $500-$1,000 to the mortgagor to participate in the pre-foreclosure sale program. The incentive fee can also be used to payoff a second mortgage.5. Can you do a short sale is the homeowner is in bankruptcy?Mortgage company’s will not approve a short sale if the homeowner is in bankruptcy...why? Because approving a short sale payoff is considered a collection activity. Collection activities are prohibited in bankruptcy. But you can still get the process started and be ready to work the short sale as soon as the house is released from bankruptcy. (Ask the bankruptcy trustee and the mortgage how to proceed in this situation) 6. What documents do I have need to include in the short sale package?Documents depend on the lender. Each lender has different requirements. It is typical to require authorization to release information, hardship letter, financial statement, purchase and sales contract, settlement statement (HUD 1), pay stubs, bank statements and tax returns. Additional documents are needed on FHA loans. Remember the banks may ask for more so be prepared.
7. Do mortgage companies always send someone out to do an appraisal / brokers price opinion on a possible short sale?All lenders require a BPO or full appraisal of the property before making their final decision to accept or reject the short sale offer. This is there only way of assessing the value of the property and making a good decision on the banks end.8. How late in the pre-foreclosure process can you start a short sale?Each state will be different. It is really up to the lender. Try to allow a window of at least 30 days for the mortgage company to approve the short sale offer.9. What is a Due on Sale clause?"Due on Sale" Clause (DOS) Provision in a mortgage or deed of trust calling for the total payoff of the loan balance in the event of a sale or transfer of title to the secured real property. A contract provision which authorizes the lender, at its option, to declare immediately due and payable sums secured by the lender's security instrument upon a sale of all or any part of the real property securing the loan without the lender's prior written consent. Contact your local real estate attorney for more details in your state. 10. Will banks allow a short sale when the owner has some equity?Yes and No. No, If a property has what the “lender would consider” a substantial amount of equity, chances are they would consider allowing the property to foreclose and then reselling it closer to the retail value. Yes, if you can affect the BPO/appraisal to come in lower than the market value. Your job will be to create the equity in the home by negotiating a successful short sale and affecting the banks value on the home.

Welcome to the REIA of Wayne, Oakland, & Macomb Counties, Michigan

National Real Estate Network, LLC.
Southeast Michigan's # 1 RealEstate Investing Club and Property Network Groupthe Real Estate Investors Association of Michigan is theexclusive real estate investor's club in Wayne County, Michigan.
The REIA of Wayne, Oakland & Macomb is the exclusive real estate investing and network club in Southeast Michigan. Our mission is to provide an inspirational environment for real estate investors, realtors, real agents, mortgage professionals, and contractors to learn, teach, and network with each other in entrepreneurial atmosphere. The Real Estate Investors Association of Wayne, Oakland, & Macomb has been formed for real estate entrepreneurs and professionals by experience real estate entrepreneurs in Michigan, with one goal: to bring like minded individual investors together, in order to achieve greater real estate goals. Our organization is open to any and all interested in the world of real estate investing in Michigan. With members ranging from licensed agents and mortgage brokers to commercial investors and first time landlords, we have no doubt that as long as the interest and drive to succeed is there, the REIA of Macomb can help you surpass even your own expectations.
FREE MEETING FOR FIRST TIME VISTORS –Bring lots of business cards and fliers

Our meetings occur the Third Thursday of each month at Laurel Manor Banquet Hall, 39000 Schoolcraft, and Livonia, Michigan 48152

Networking from 6:00 pm to 7:00 pm
Local Investing news 7:00 pm
Main Speaker at 7:30 pm

Membership Benefits
• Opportunity to Network with like minded and Action Oriented Investors • Team Building – Build your Team to achieve success in your Business • Free Ticket to 12 Monthly Mega Evening Meeting ($240 Value)• Monthly Members only Educational Mini-Seminars (Priceless) Assisted Living Facility ¾ Housing Training Setting Up a LLC and it's Importance Asset Protection and Estate Planning How to read HUD-1 Settlement Statements Title Insurance and it's Importance Eviction Process and Paperwork • Gain invaluable Knowledge from National and Local Real Estate Experts in every niche• Discounted Tickets for Saturday Mega Workshop ($240 Value) • Market your properties or services at the event (Have/Wants) • Member's eNewsletter —Keeps you updated on Club events and information • Rental Property Management Forms Disk —Essential to Business (Priceless!) • Access to Asset manger's List of properties — Discounted Properties (Priceless'!)
More Membership Benefits:
•Easy, customizable, affordable health insurance through La Frey Associates and Integrated Health Benefits.•20% off on your Quick Books purchases.•Discounts on car insurance through Nationwide on behalf of Norris and Associates. •Deep discounts through Sherwin Williams on paint, accessories and supplies. •Discounts from DHL up to 25% on priority and overnight shipping. •Discounts up to 65% from Office Max office supplies, copier paper, computer/technology products, and furniture and print services. •Discounts on car rentals through Avis. •HD Supply preferred buyer program guarantees the lowest published discounted price regardless of quantity ordered and entitles buyers to same day shipping. •Smart Moves/Apartment Moves planners provide coupons for truck rentals and more, which help soothe the transition of relocation. •Member pricing when you order reports through Trak-1 Technology. •It's your money. Get it back with CybrCollect's FREE check collection service. •Discounts on Cell Phone service from Saba Wireless. •$250 off an investment property purchase from Prosper Real Estate. Annual Membership investment is ONLY $150
Become Member! Join Now
Monthly Membership Meetings These meeting are core of National Real Estate Network (NREN). Every month you have the opportunity to attend a workshop, network with your fellow Investors and our Business Associates and hear a guest speaker. There is ample time set aside for networking. Many of our Business Associates elect to participate in a "trade show" like forum and host a table. This makes it easy for you to identify the business and experts you need to discuss your issues with and craft a solution. The structured networking session concludes with founders providing an update with the club and acknowledging the resources in the room. The general session includes a guest speaker that is an expert in a specific area of real estate investing. There is no other organization in Michigan that brings individuals and organizations interested in investing in real estate together with the business community that supports them and this happens every month! Create your network and support group that will help make you successful! Education and Classes Increasing your knowledge and improving your skills will make you a more successful investor. We currently offer 10 classes and many workshops through our organization. Many additional courses will be added. VolunteerMembers have the opportunity to volunteer in specific areas of interest to a subset of the membership or the entire membership. Volunteer opportunities include helping at the monthly meeting or in the. Members earn credit for volunteering. Credit may be used towards discounts on education, seminars and other items. NewsletterThe National Real Estate Network newsletter is currently an E-zine and is generated on a monthly basis and contains tips on investing, topical articles from experts on subjects important to you updates on legislation affecting the real estate investor, and other important information.
Became Member! Join Now

Call 248-762-0800
http://MegaEveningEvent.com

The Club Is Sometimes Call; REIA, Real Estate Club Mi, Real Estate Investors Association, Real Estate Investing Association Mi, Real Estate Investing Michigan, Real Estate Investing Macomb Mi, Real Estate Investor Mi, Mi Real Estate Club, Real Estate Foreclosure Club, Real Estate Foreclosure Club Mi, Real Estate Entrepreneurs in Michigan