QuickPropertyFinder.com

The Quick Home Finder gets a Facelift-A Great Site for Home Buyers and Investors

2008-03-28T17:37:00.000-07:00

The site was great before—you should see it now!

Detroit, Michigan-- 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 for the public to use. There are no membership requirements and you do not have to be a licensed realtor to log on.

The Quick Home Finder is still simple to use and navigate and features large property pictures, search criteria fields and maps. “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 is 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.

The site has new hot deals and a special rebate offer. Imagine buying a home and getting a rebate of 25% of the Quick Home Finder’s commission back when you close. How about buying a beautiful home in West Bloomfield for 50% of the market value? Larry Morris has teamed up with associates to make all of this and more possible.

The site features many great new deals all the time, so it is a good idea to make it one of your favorites and visit often. Sign up for a free membership and a home buyer and seller guide. Read great articles written by experienced realtors who have been active in buying and selling all types of property from single family homes to large commercial buildings. The Quick Home Finder is the best real estate guide on the internet and it keeps getting better.

Larry Morris invites everyone to visit http://www.TheQuickHomeFinder.com today; he looks forward to your feedback and your business. “This is a buyer’s market so I will cater to buyers’ needs and concerns. I welcome feedback and suggestions as to what home buyers and investors are looking for,” says Morris.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

Get Your Free Home Value Report—Simply Fill out a Form and Submit to Receive a Free Market Analysis of Your Home or Investment Property

2008-03-28T17:36:00.002-07:00

The Quick Home Finder was Already the Best Property Search Tool on the Internet; New Features and Services have made it even Better

Detroit, MI—Larry Morris has given The Quick Home Finder a face-lift. The home page now features a great deal on a home in beautiful West Bloomfield that sold for 50% of its value. This listing has had the realtor’s phone ringing off the hook and the fax machine going crazy with all the offers coming in. People were calling to ask “is this really the price?” Everyone thought there must be a mistake. More and more deals like this will be added soon and they won’t last long, so Mr. Morris is suggesting that investors bookmark The Quick Home Finder one of their favorites and refer to it often.

Home Buyers and Investors can sign up for a free membership to receive emails, newsletters and a free home buyers’ guide. “I love this site! It’s user friendly, easy to navigate and has a great variety of homes to look at and articles to read,” says Sue Downey, friend of Larry Morris. “I just signed up for my membership and received an email within minutes of my user name and password. Now I can enter the criteria of the house I’m looking to buy and The Quick Home Finder will email me as soon as a property fitting my desired criteria is entered into the database, so I don’t miss out on a great deal,” Sue explains.

Even in today’s challenging market, good deals go quickly. The Quick Home Finder has over 1400 members and it is growing daily. Other great features include a mortgage calculator, so home buyers can enter data and compute their monthly mortgage payment, a rebate program, featured “hot deals” and much more. “We have great plans for this site and we upgrade it often,” says Larry Morris. Visit http://www.thequickhomefinder.com/
Today and mark it as one of your favorites; be sure to visit often; don’t miss out on great deals that won’t last.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

Search the Quick Home Finder for a New Home or Investment Property in Southeast Michigan

2008-03-28T17:36:00.001-07:00

New On Line System is Changing the Way that Potential Home Buyers are Searching for Real Estate Property

Livonia, Michigan—Larry Morris is an experienced realtor with years of experience buying and selling homes and investment properties. He knows a great deal when he sees it and he knows just what his customers are looking for. Buyers can go to The Quick Home Finder review the site hassle free. Investors can use the mortgage calculator to see just how much their monthly payment will be and determine the potential cash flow they will get once they purchase an investment property. Once this process is complete and they are ready to see the property, they have the expert advice of Larry Morris to get the most out of a deal for themselves with the seller paying the commissions.

When visiting the site this is the type of real estate you will find listed: foreclosure, probate, single family, multi-family, apartments, condo condominium, lofts, new construction, REO, real estate owned, commercial, lake front, vacant land, bank owned, fixer uppers, investment property, residential home locater, find my house, your local flat fee, for sale by owner, selling my house in Michigan, real estate commission, free home sales, 1031 exchanges, rentals, water front, vacation property and rent to own.

The Quick Home Finder has a new section of articles written by experienced real estate investors with great advice on buying, selling and investing. There are articles sharing secrets of success as well as lessons learned from mistakes they made in their investing and how you can avoid the costly pitfalls they fell into. For great reading material and a wide variety of listings visit http://www.TheQuickHomeFinder.com

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

Larry Morris adds Great New Features to Home Finder Website

2008-03-28T17:35:00.000-07:00

In addition to over 70,000 listings in Southeast Michigan, The Quick Home Finder provides a wealth of information for home buyers and investors

Royal Oak, Michigan-- 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.

The Quick Home Finder is such a great help. The web site is 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. In addition to a variety of listings to buy, rent or lease with option to buy, the site contains many articles with valuable information and advice for home buyers and investors. They have a mortgage calculator to figure your monthly mortgage payment and a resource list for other related services. They even have a new rebate program when you close on your new home or investment property.

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. Many good deals come up for sale and are sold by the agents reviewing the new listings each day. Morris has made this into a system that works for buyers. Buyers can go to The Quick Home Finder and review the site hassle free.

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

Many in Michigan Choose to Lease a Home over Buy a Home

2008-03-28T17:34:00.002-07:00

The Quick Home Finder Offers over 70,000 Listings Including Condo’s or Apartments South East Michigan

Royal Oak, Michigan--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 Quick Home Finder is a “Multi-Listing Service (MLS)” for the general public to use for searching real estate listings. The web site is simple to use and navigate and features large property pictures, search criteria fields and maps. They provide over 70,000 to choose from, including single family homes, apartments, condos, commercial listings and more. There are listings for sale, rent, lease, lease option (rent to own) and others with negotiable terms including land contracts (contract for deed).

Purchasing a home is a big step, especially in today’s depressed real estate market. Many people are undecided as to weather or not they are going to remain in Michigan, so they choose to lease a home rather than buy. There are other options available as well. For example, if one finds a great home that they would like to own, but are not sure they want to remain in the area, they can always lease with option to buy. If they decide not to remain in the area, they can sell their option position and move; if they wish to stay here, exercise the option and purchase the home. The Quick Home Finder and their trained staff of professionals can assist in structuring a deal that fits each customer’s individual needs. A lease option or land contract is a good way to have equitable interest in a home, yet, easy to sell one’s position if one decides to relocate. For some, there are income tax advantages to owning over renting.

Larry Morris of the http://www.thequickhomefinder.com/
works with buyers in and around Michigan, including Addison, Augusta, Barton Hills, Belleville, Bruce, Brownstown, Cohoctah, Commerce Township, Fowlerville, Garden City, Hamburg, Handy, Harper Woods, Huntington Woods, Inkster, Lakeville, Manchester, Mount Clemens, New Hudson, New Haven, Milford, Oceola, Oxford, Pinckney, Putnam, Ray Township, Redford, Romulus, Rose, South Lyon, Sterling Heights, St Clair Shores, Warren, Walled Lake, Whitmore Lake, Wixom, Woodhaven and Wyandotte, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

The Quick Home Finder Website Offers a Rebate Program for Home Buyers and Investors

2008-03-28T17:34:00.001-07:00

A buyer program that can be worth thousands of dollars at closing
Royal Oak, MI—When Larry Morris was recently interviewed he explained how he specializes in helping clients find a home. The Quick Home Finder website was developed by Real Estate Professionals who have purchased hundreds of homes as investors. Morris believes that great buying decisions come from good quality information that should be available to everyone. “Our goal is to provide access and information to all. It is with that passion, TheQuickHomeFinder.Com was born,” says Morris.

“We get asked all the time this basic question; have we seen the bottom yet here in Michigan? Our answer is in many areas we don't think so. It is however a great time to buy if you know what you are doing,” Larry explains.

Morris has an opportunity to study trends even the Multiple Listing Services won’t provide. He studies his customers’ search criteria so he knows just what they are looking for. His website gets a lot of visitors and Larry’s phone never stops ringing. “I’m amazed at the amount of people who call me with market questions and ask for advice,” says Morris.
Larry Morris has developed buying strategies that really work in today’s marketplace. When times are good, you may not need a true professional. When times are uncertain, that's when good solid advice and counsel is truly needed.“We are launching a rebate program that could be worth thousands of dollars in cash to you at closing. We are not finished with this amazing program but email us asking about the "QHF Buyer Program." As an insider, we will give you a peek at a little secret any real estate agent would not want you to know. It will shock the industry,” concludes Morris.

Go to http://www.thequickhomefinder.com/pages/Home_Buying.asp to contact Larry Morris about this rebate program.

The Quick Home Finder covers listings and works with buyers in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Bad Credit? No Credit? Be a Homeowner, Regardless of Your Credit Score

2008-03-28T17:33:00.000-07:00

The Quick Home Finder is a resource of information for everyone

Royal Oak, Michigan--Real Estate One Michigan’s largest real estate broker, and Associate Broker, Larry Morris has partnered with one of the largest home finders on the internet. This home locating system is available to the public to use without paying membership dues or having a real estate license. One of the great things about The Quick Home Finder is that it provides a wealth of knowledge in many areas and information needed to purchase a home. Even if bad credit or no credit is a problem, The Quick Home Finder has information about mortgage companies that specialize in financing. Some people purchase a home on a short term land contract while they take the steps to restore their credit and later refinance on a fixed rate mortgage.

Financing a home can be stressful and challenging. There are many different financing programs to meet the needs of many different people. From first time home buyers to large investors who own many properties, The Quick Home Finder can help. The Quick Home Finder is not a lender, but they will direct the buyer to the right people who can accommodate their financing needs. Even when facing foreclosure or bankruptcy, there is a good chance that The Quick Home Finder can help. All information will be kept highly confidential and every client will be treated with the respect they deserve. The Quick Home Finder is also a resource for information about unsecured lines of credit and business lines of credit.

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

The Quick Home Finder serves Oakland, Livingston, Macomb, Washtenaw, and Wayne Counties in Southeast Michigan. They work with buyers in and around Michigan, including Allen Park, Bridgewater, Brighton, Bloomfield Hills, Clarkston, Clawson, Clinton Township, Conway, Dearborn Heights, Deerfield, Detroit, East China, Flint, Genoa Township, Groveland, Harrison Township, Holly, Howell, Iosco, Keego Harbor, Lake Angelus, Lenox Township, Leonard, Lima, Lincoln Park, Memphis, Melvindale, Milan, Northfield, Orion Township, Ortonville, Pittsfield, Pleasant Ridge, Rochester Hills, Rockwood, Romeo, Superior, Springfield; Township, Washington Township, Wolverine Lake, York and

Real Estate One Michigan Provides Property Listings and More

2008-03-28T17:32:00.000-07:00

Number One Real Estate Firm in Southeast Michigan Can Offer Expert Advice

Royal Oak, Michigan--When choosing Real Estate One there are many benefits from a range of quality home buying services and resources unmatched by any other real estate company in Michigan. The Real Estate One Family of Companies is an efficient team 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 Family.

Larry Morris, an associate broker with Real Estate One acknowledges Real Estate One for their services from their family of companies and sales results. “Real Estate One has 75 years and three generations of family heritage in the real estate business. In spite of a declining market, 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.

Real Estate One Michigan is a major investor in the latest internet research to bring the public what they want. Check out the mortgage calculator for a convenient way to determine your monthly mortgage payment before you purchase a home or investment property. They have press releases and a blog with valuable information about other related services too. With over 70,000 listings and great reading material, Real Estate One Michigan is a great resource for home buyers and investors.

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

With over 1800 associates, Real Estate One Michigan covers listings and works with buyers in and around Michigan, including Armada, Ann Arbor, Beverly Hills, Bingham Farms, Birmingham, Brandon Township, Chesterfield Township, Davisburg, Eastpointe, Farmington Hills, Ferndale, Flat Rock, Gibraltar, Green Oak Township, Hartland, Hazel Park, Lathrup Village, Livonia, Lodi, Lyndon, Macomb Township, Madison Heights, Northville Orchard Lake, Plymouth, River Rouge, Riverview, Royal Oak, Salem, Shelby Township, Southfield, Southgate, Sylvan Lake, Taylor, Troy, Utica, Van Buren, Westland, Webster, and White Lake, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Leasing or Renting vs Buying—Larry Morris of Real Estate One Michigan helps Consumers make the Right Decision

2008-03-28T17:31:00.002-07:00

Number One Real Estate Firm in Southeast Michigan Offers Expert Advice

Southfield, Michigan—Larry Morris of Real Estate One has noticed more and more people are leasing rather than buying a home today. “Because of the depressed real estate market and the job market in Michigan, many people are thinking of relocating,” says Morris. “We want to be sure everyone understands there are options other than renting, where one has some equitable interest in the home,” Larry explains.

Real Estate One Michigan offers many benefits from a range of quality home buying, renting and leasing services and resources unmatched by any other real estate company in Michigan. They can structure a deal that fits the individual needs of the customer. A lease option or land contract provides equitable interest in the home, and is easily transferred to another party if one decides to relocate. This can be a good “temporary” ownership position which can be refinanced on a new mortgage if one decides to stay.

The Real Estate One Family of Companies is a team of professionals who provide assistance in making the right decision as to homeownership, leasing or land contract. They also offer relocation services for those who decide to move. The market research reveals those who take advantage of more than one of the services often benefit financially, increasing the long term satisfaction with a new home lease or purchase and creating a long term relationship with the Real Estate One Family.

With over 1800 associates, http://realestateonemi.com/
covers listings and work with people in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

Home Buyers Need Upfront Information—How much will My Monthly Mortgage Payment be? How much does Hazzard Insurance Cost? How much are the Property T

2008-03-28T17:31:00.001-07:00

One reason so many young people and first time home buyers get into financial trouble is they don’t have all the facts

Royal Oak, MI—Larry Morris, Associate Broker at Real Estate One Michigan, is part of a team of professionals who will spend time with new home buyers and explain the entire process of buying a home and what the financial obligations will be after closing. They make sure home buyers are prepared to meet all requirements and they understand what is expected of them. The team of professionals will make the process of buying and owning a home as painless as possible.

Larry Morris of Real Estate One Michigan has created a website that is loaded with resources and information to educate first time home buyers and new real estate investors. “This is a buyer’s market, therefore, we strive to service the buyer and meet all his or her needs,” says Morris. “We are committed to forming long term relationships with people and providing a great service to them plays a major part in our great reputation.”

The website, http://www.realestateonemi.com/ also has a mortgage calculator so home buyers can see just how much their monthly payment is going to be. Their property search tool is very easy to use, with over 70,000 real estate listings. Go to this site to find a link to credit report services, home repair services, blogs and press releases all about Larry Morris and Real Estate One Michigan.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

With over 1800 associates, Real Estate One Michigan covers listings and works with buyers in and around Michigan, including Armada, Ann Arbor, Beverly Hills, Bingham Farms, Birmingham, Brandon Township, Chesterfield Township, Davisburg, Eastpointe, Farmington Hills, Ferndale, Flat Rock, Gibraltar, Green Oak Township, Hartland, Hazel Park, Lathrup Village, Livonia, Lodi, Lyndon, Macomb Township, Madison Heights, Northville Orchard Lake, Plymouth, River Rouge, Riverview, Royal Oak, Salem, Shelby Township, Southfield, Southgate, Sylvan Lake, Taylor, Troy, Utica, Van Buren, Westland, Webster, and White Lake, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Real Estate One Michigan is an Experienced Team of Professionals to Help with Buying and Moving to a New Home

2008-03-28T17:30:00.000-07:00

Their services cover everything, including finding a home, closing on the new purchase and relocation services

Royal Oak, Michigan—Buying a new home, selling the present home, gathering paperwork for lenders, packing boxes and moving heavy furniture is just a brief overview of what is involved in relocating. Just thinking about it can be exhausting and overwhelming. Real Estate One Michigan is a team of professionals who can assist in every step of the move.

Larry Morris an associate broker with Real Estate One acknowledges Real Estate One for their services from their family of companies and sales results. “Real Estate One has 75 years and three generations of family heritage in the real estate business. 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” say’s Morris.

The Real Estate One Family of Companies is an efficient team working to provide competitive mortgage interest rates, homeowners 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

Their website, http://realestateonemi.com/ is a valuable resource for anyone looking to relocate. It’s a home search tool as well as a provider of information on other related services. Find out where to go for financing, homeowners insurance, moving and relocating services and supplies and much more.

With over 1800 associates, Real Estate One Michigan covers listings and works with buyers in and around Michigan, including Armada, Ann Arbor, Beverly Hills, Bingham Farms, Birmingham, Brandon Township, Chesterfield Township, Davisburg, Eastpointe, Farmington Hills, Ferndale, Flat Rock, Gibraltar, Green Oak Township, Hartland, Hazel Park, Lathrup Village, Livonia, Lodi, Lyndon, Macomb Township, Madison Heights, Northville Orchard Lake, Plymouth, River Rouge, Riverview, Royal Oak, Salem, Shelby Township, Southfield, Southgate, Sylvan Lake, Taylor, Troy, Utica, Van Buren, Westland, Webster, and White Lake, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

Michigan’s Largest Real Estate Broker Reports $5.4 Billion in Sales Volume for Combined Real Estate Services

2008-03-28T17:29:00.002-07:00

For 75 Years and Three Generations of Family Heritage Real Estate One has Proved Their Commitment to this State

Royal Oak, Michigan--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.

Morris works with John Adams Mortgage Company offering quick approval, equity and bridge loans and 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 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. The full time professional staff is experienced in real estate and very knowledgeable in all aspects of relocations assisting more than 3,000 families moving to and from the metro Detroit area each year. 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 there is a need to buy a home, begin the search at http://realestateonemi.com/ Perhaps there is a need to sell a home or you want a home featured on this site. Even if a real estate agent is looking for buyers and sellers they use this site.

With over 1800 associates, we cover listings and work with buyers in and around Michigan, including Allen Park, Bridgewater, Brighton, Bloomfield Hills, Clarkston, Clawson, Clinton Township, Conway, Dearborn Heights, Deerfield, Detroit, East China, Flint, Genoa Township, Groveland, Harrison Township, Holly, Howell, Iosco, Keego Harbor, Lake Angelus, Lenox Township, Leonard, Lima, Lincoln Park, Memphis, Melvindale, Milan, Northfield, Orion Township, Ortonville, Pittsfield, Pleasant Ridge, Rochester Hills, Rockwood, Romeo, Superior, Springfield; Township, Washington Township, Wolverine Lake, York and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

Internet Property Search Website has been Improved with new Tools Convenient for Home Buyers and Real Estate Investors

2008-03-28T17:29:00.001-07:00

Real Estate One Michigan, partnered with The Quick Home Finder and Affiliates, is a great resource for investors and home buyers in Michigan

Royal Oak, Michigan-- 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. The staff of trained real estate professionals of Real Estate One Michigan 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.

The web site, http://realestateonemi.com/ is a system for 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 mortgage calculator tool makes it easy to find out how much monthly mortgage payments will be. They have a blog with many new articles, newsletters, and affiliate resources for downloading credit reports, finding contractors and researching foreclosures and pre-foreclosures.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

With over 1800 associates, we cover listings and work with buyers in and around Michigan, including Armada, Ann Arbor, Beverly Hills, Bingham Farms, Birmingham, Brandon Township, Chesterfield Township, Davisburg, Eastpointe, Farmington Hills, Ferndale, Flat Rock, Gibraltar, Green Oak Township, Hartland, Hazel Park, Lathrup Village, Livonia, Lodi, Lyndon, Macomb Township, Madison Heights, Northville Orchard Lake, Plymouth, River Rouge, Riverview, Royal Oak, Salem, Shelby Township, Southfield, Southgate, Sylvan Lake, Taylor, Troy, Utica, Van Buren, Westland, Webster, and White Lake, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Real Estate One of Michigan Provides the Ultimate Property Search Tool for First Time Home Buyers and Investors

2008-03-28T17:28:00.000-07:00

Home buyers and investors can search over 70,000 listings in addition to taking advantage of convenient tools and features that have been added to the website

Royal Oak, 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 system makes finding a home or investment property quick and easy. Real Estate One Michigan and The Quick Home Finder serves Oakland, Livingston, Macomb, Washtenaw, and Wayne Counties in Southeast Michigan.

The Quick Home Finder was created by real estate professionals who believe that all people can make great decisions with good information. The staff of trained real estate professionals will provide the insight needed to make an informed decision. The web site is simple to use and navigate and features additional resources including credit reports, so buyers can check their credit score (FICO score) and see if there is anything negative on their credit report, before going to see their lender. Investors can be matched up with contractors and get estimates on repair and rehab costs of investment properties they’re considering purchasing. There’s even an easy to use mortgage calculator to figure the amount of the monthly mortgage payment.

The best service I have seen on the market in Michigan is Real Estate One Michigan and The Quick Home Finder. The added features make this site an easier and more convenient tool to search for property listed on the MLS”, says Mark Maupin, friend and business associate of Larry Morris.

With over 1800 associates, http://realestateonemi.com/ covers listings and work with buyers in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

Real Estate One, Michigan, the State’s Largest Real Estate Broker, Reports $5.4 Billion in Sales Volume for Combined Real Estate Services

2008-03-28T17:27:00.002-07:00

For 75 Years and Three Generations Real Estate One has Proved Their Commitment to this State

Royal Oak, Michigan--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.

Morris works with John Adams Mortgage Company offering quick approval, equity and bridge loans and 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. They will arrange closings that are quick and convenient. Insurance One provides complete insurance coverage for associates and customers. They can arrange homeowners insurance quickly to facilitate a closing. Home Services One helps customers coordinate the many details connected with a move, from hiring a moving company to cleaning carpets.

If you’re looking to buy a home, rent or lease a home, or purchase investment property, begin your search on their website at http://realestateonemi.com/ where there are over 70,000 real estate listings. “I’ve added several convenient features to this site, including recent articles about our company, a newsletter subscription, and resources for other related services including credit reports, foreclosure listings, and repair and maintenance contractors. We also have a mortgage calculator so buyers can find out how much their monthly payments will be when they purchase the property,” Morris explains.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

With over 1800 associates, we cover listings and work with buyers in and around Michigan, including Allen Park, Bridgewater, Brighton, Bloomfield Hills, Clarkston, Clawson, Clinton Township, Conway, Dearborn Heights, Deerfield, Detroit, East China, Flint, Genoa Township, Groveland, Harrison Township, Holly, Howell, Iosco, Keego Harbor, Lake Angelus, Lenox Township, Leonard, Lima, Lincoln Park, Memphis, Melvindale, Milan, Northfield, Orion Township, Ortonville, Pittsfield, Pleasant Ridge, Rochester Hills, Rockwood, Romeo, Superior, Springfield; Township, Washington Township, Wolverine Lake, York and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Associate Broker, Larry Morris of Real Estate One Michigan, has a Created a Unique System for Searching and Investing in Real Estate

2008-03-28T17:27:00.001-07:00

New Features, Tools and Resources make this website convenient to use and informative to new home buyers and experienced investors

Royal Oak, Michigan-- Larry Morris, an associate broker with Real Estate One acknowledges Real Estate One for their services from their family of companies and sales results. 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 buyers.

“Real Estate One Michigan has 75 years and three generations of family heritage in the real estate business. In spite of a slow 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 many of our competitors. We hold a dominant position and have sold more homes than any other residential broker in the state of Michigan,” says Morris.

With over 1800 associates, http://realestateonemi.com/ covers listings and work with buyers in and around Michigan, including Addison, Augusta, Barton Hills, Belleville, Bruce, Brownstown, Cohoctah, Commerce Township, Fowlerville, Garden City, Hamburg, Handy, Harper Woods, Huntington Woods, Inkster, Lakeville, Manchester, Mount Clemens, New Hudson, New Haven, Milford, Oceola, Oxford, Pinckney, Putnam, Ray Township, Redford, Romulus, Rose, South Lyon, Sterling Heights, St Clair Shores, Warren, Walled Lake, Whitmore Lake, Wixom, Woodhaven and Wyandotte, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

Larry Morris, Associate Broker of Real Estate One, has a Master System that Works for Home Buyers, Sellers and Investors

2008-03-28T17:26:00.000-07:00

Investing is made easier with a data base of over 70,000 listings and resources to other real estate services

Royal Oak, Michigan-- Larry Morris is a buyer broker with years of experience buying foreclosure homes for a very large real estate investor. Morris has managed his own portfolio of property and he knows how to get a great buy in real estate; 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. Many good deals come up for sale and are sold by the agents reviewing the new listings each day. Morris has made this into a system that works for buyers. Buyers can go to The Quick Home Finder and review the site hassle free. Once this process is complete and they are ready to see the property, they have the expert advice of Larry Morris to get the most out of the transaction

Real Estate One Michigan serves Oakland, Livingston, Macomb, Washtenaw, and Wayne Counties in Southeast Michigan. With 75 years and three generations of family heritage in the real estate business they have developed relationships with many companies to create a team of professionals to assist with every step in closing a transaction. 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 combined real estate services, including brokerage, mortgage, and title insurance, they continue to grow at a faster pace than any of their 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. It would be foolish to consider a deal in real estate without the professional assistance of a real estate agent. Larry Morris believes that when buying a home, a real estate agent from the family of Real Estate One can help determine the buying power, can help negotiate, provide due diligence during the evaluation of the property help close the purchase of the new home.

With over 1800 associates, http://realestateonemi.com/ covers listings and works with buyers in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

Search Michigan Real Estate Listings for a Home to Buy, Lease or Rent

2008-03-28T17:25:00.002-07:00

The Quick Home Finder site is a database of over 70,000 listings and much more

Westland, Michigan—Larry Morris is a buyer broker with years of experience buying foreclosure homes for a very large real estate 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. Many good deals come up for sale and are sold by the agents reviewing the new listings each day. Larry Morris has made this into a system that works for everyone. The site is available to the general public to use, without having a real estate license or paying membership dues.

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. The web site is simple to use and navigate and features large property pictures, search criteria fields and maps.

There are other features of interest on this site including articles written by experienced real estate investors, and a mortgage calculator so one can determine the amount of their monthly mortgage payment. A real estate transaction can be involved and complicated so it’s a good idea to get all the advice you can.

Visit http://www.TheQuickHomeFinder.com to increase your knowledge in researching the listings to find your home or investment property. With over 1800 associates, they cover listings and work with buyers in and around Michigan, including Addison, Augusta, Barton Hills, Belleville, Bruce, Brownstown, Cohoctah, Commerce Township, Fowlerville, Garden City, Hamburg, Handy, Harper Woods, Huntington Woods, Inkster, Lakeville, Manchester, Mount Clemens, New Hudson, New Haven, Milford, Oceola, Oxford, Pinckney, Putnam, Ray Township, Redford, Romulus, Rose, South Lyon, Sterling Heights, St Clair Shores, Warren, Walled Lake, Whitmore Lake, Wixom, Woodhaven and Wyandotte, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris1 (248) 544-9040 1 (888) 851-371

A Home Search Website Available to the Public-No Real Estate License or Membership Fees Required

2008-03-28T17:25:00.001-07:00

The Latest in Home Buying is Right at the Fingertips on your PC

Detroit, 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 incredible service that has actually placed all the power in the hands of the buyer. This outstanding service can provide so many options as it relates to real estate. The market research reveals 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 Quick Home Finder and the Real Estate One Family.

“Realtors have access through the multi listing services (MLS) to every home that is listed for sale within a certain area. The best service I have seen on the market is Michigan is http://www.TheQuickHomeFinder.com 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.

The Quick Home Finder covers listings and works with buyers in and around Michigan, including Armada, Ann Arbor, Beverly Hills, Bingham Farms, Birmingham, Brandon Township, Chesterfield Township, Davisburg, Eastpointe, Farmington Hills, Ferndale, Flat Rock, Gibraltar, Green Oak Township, Hartland, Hazel Park, Lathrup Village, Livonia, Lodi, Lyndon, Macomb Township, Madison Heights, Northville Orchard Lake, Plymouth, River Rouge, Riverview, Royal Oak, Salem, Shelby Township, Southfield, Southgate, Sylvan Lake, Taylor, Troy, Utica, Van Buren, Westland, Webster, and White Lake, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

The Quick Home Finder Website makes Buying and Selling Real Estate Easier

2008-03-28T17:24:00.000-07:00

Don’t be pressured by pushy realtors; The Quick Home Finder and Real Estate One Michigan are a team of professionals who offer assistance—no pressure

Royal Oak, 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 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.

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 can be a challenge. The Quick Home Finder has resources to 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.

If looking to buy a home, begin your search on this site. “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.

When selling a home Real Estate One can provide market information and the price, financing, terms and condition of competing properties. These are key factors in getting property sold at the best price, quickly and with minimum hassle. Real Estate One can market the property to other real estate agents and the public, the proper advertising is an important factor as well. They also can help objectively evaluate every buyer’s proposal without compromising marketing position. Between the initial sales agreement and closing (or settlement), questions may arise. Sometimes unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. http://www.TheQuickHomeFinder.com provides a great service to investors and home buyers and sellers in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

Larry Morris, Creator of the Quick Home Finder Website is Launching a Rebate Program for Home Buyers and Investors

2008-03-28T17:23:00.002-07:00

A buyer program that can be worth thousands of dollars at closing
Royal Oak, MI—In a recent interview, real estate broker, Larry Morris tells how he specializes in helping clients find the right home. The Quick Home Finder was first developed by Real Estate Professionals who have purchased hundreds of homes as investors. Morris believes that great buying decisions come from good quality information that should be available to everyone. “Our goal is to provide access and information to all. It is with that passion, TheQuickHomeFinder.Com was born,” says Morris.

“We get asked all the time this basic question; have we seen the bottom yet here in Michigan? Our answer is in many areas we don't think so. It is however a great time to buy if you know what you are doing,” Larry explains.

Larry Morris is amazed at how many people ask him questions like that. Realtors often come to him asking market direct and supply and demand questions. They know he get lots of internet traffic and phone calls. Based on his customers’ search criteria he knows where the action is. Morris has an opportunity to study trends even the Multiple Listing Services won’t provide.
Larry Morris has developed buying strategies that really work in today’s marketplace. When times are good, you may not need a true professional. When times are uncertain, that's when good solid advice and counsel is truly needed.“We are launching a rebate program that could be worth thousands of dollars in cash to you at closing. We are not finished with this amazing program but email us asking about the "QHF Buyer Program." As an insider, we will give you a peek at a little secret any real estate agent would not want you to know. It will shock the industry,” concludes Morris.

Go to http://www.thequickhomefinder.com/pages/Home_Buying.asp to contact Larry Morris about this rebate program.

The Quick Home Finder covers listings and works with buyers in and around Michigan, including Allen Park, Bridgewater, Brighton, Bloomfield Hills, Clarkston, Clawson, Clinton Township, Conway, Dearborn Heights, Deerfield, Detroit, East China, Flint, Genoa Township, Groveland, Harrison Township, Holly, Howell, Iosco, Keego Harbor, Lake Angelus, Lenox Township, Leonard, Lima, Lincoln Park, Memphis, Melvindale, Milan, Northfield, Orion Township, Ortonville, Pittsfield, Pleasant Ridge, Rochester Hills, Rockwood, Romeo, Superior, Springfield; Township, Washington Township, Wolverine Lake, York and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

The Quick Home Finder Website Launches a Rebate Program for Home Buyers and Investors

2008-03-28T17:23:00.001-07:00

A home buyer program that can be worth thousands of dollars at closing
Royal Oak, MI—Larry Morris was recently interviewed and he explained how he helps his clients find the right home to suit their individual needs. He has developed the best home finder website on the internet today. Morris believes that great buying decisions come from good quality information that should be available to everyone. “Our goal is to provide access and information to all. It is with that passion, TheQuickHomeFinder.Com was born,” says Morris.

“We get asked all the time this basic question; have we seen the bottom yet here in Michigan? Our answer is in many areas we don't think so. It is however a great time to buy if you know what you are doing,” Larry explains.

Morris has an opportunity to study trends even the Multiple Listing Services won’t provide. He analyzes his customers’ search criteria to find out just what they are looking for. His website gets a lot of visitors and Larry’s phone never stops ringing. “I’m amazed at the amount of people who call me with market questions or to ask for advice,” says Morris.
Larry Morris has developed buying strategies that really work in today’s marketplace. “We are launching a rebate program that could be worth thousands of dollars in cash to you at closing. Visit the site and contact us to ask about the "QHF Buyer Program." As an insider, we will give you a peek at a little secret any real estate agent would not want you to know. It will shock the industry,” concludes Morris.

Go to http://www.thequickhomefinder.com/pages/Home_Buying.asp to contact Larry Morris about this rebate program.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710
http://www.TheQuickHomeFinder.com

The Quick Home Finder covers listings and works with buyers in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Check out the New Look of the Quick Home Finder Website for Real Estate Investors and Home Buyers

2008-03-28T17:22:00.001-07:00

The best property search site gets better every day

Detroit, Michigan-- The Quick Home Finder is an easy to use, comprehensive way to find the perfect home to buy, lease or rent. Whether looking for an investment property or a home for you and your family, the trained staff of real estate professionals is ready to assist. The best news is that the site is free for the public to use. There are no membership requirements and you do not have to be a licensed realtor to log on.

The Quick Home Finder is still simple to use and navigate and features large property pictures, search criteria fields and maps. “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 is 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.

The site has new hot deals and a special rebate offer. Imagine buying a home and getting a rebate of 25% of the Quick Home Finder’s commission back when you close. How about buying a beautiful home in West Bloomfield for 50% of the market value? In today’s “buyer’s market”, Larry Morris understands the importance of servicing the buyer. He welcomes feedback and suggestions. Visit http://www.TheQuickHomeFinder.com and contact Larry if you have questions on investing or ideas for improvement to the site.

Many investors have marked this site as one of their favorites. Sign up for a free membership and a home buyer and seller guide. Read great articles written by experienced realtors who have been active in buying and selling all types of property from single family homes to large commercial buildings. The Quick Home Finder is the best real estate guide on the internet and it keeps getting better.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

With over 1400 associates, we cover listings and work with buyers in and around Michigan, including Allen Park, Bridgewater, Brighton, Bloomfield Hills, Clarkston, Clawson, Clinton Township, Conway, Dearborn Heights, Deerfield, Detroit, East China, Flint, Genoa Township, Groveland, Harrison Township, Holly, Howell, Iosco, Keego Harbor, Lake Angelus, Lenox Township, Leonard, Lima, Lincoln Park, Memphis, Melvindale, Milan, Northfield, Orion Township, Ortonville, Pittsfield, Pleasant Ridge, Rochester Hills, Rockwood, Romeo, Superior, Springfield; Township, Washington Township, Wolverine Lake, York and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Where can I go to Find the Best Deal on a Home? Is it Really Possible to buy a home for 50% of its Value, in the Suburbs?

2008-03-28T17:21:00.000-07:00

Yes it is, according to The Quick Home Finder--the Best Property Search Tool on the Internet; New Features and Services have made it even Better

Ferndale, MI—Larry Morris has added new convenient features to the Quick Home Finder website. The home page now features a great deal on a home in beautiful West Bloomfield that sold for 50% of its value. This listing has had the realtor’s phone ringing off the hook and the fax machine going crazy with all the offers coming in. People were calling to ask “is this really the price?” Everyone thought there must be a mistake. More and more deals like this will be added soon and they won’t last long, so Mr. Morris is suggesting that investors bookmark The Quick Home Finder one of their favorites and refer to it often.

Home Buyers and Investors can sign up for a free membership to receive emails, newsletters and a free home buyers’ guide. “I love this site! It’s user friendly, easy to navigate and has a great variety of homes to look at and articles to read,” says Sue Downey, friend of Larry Morris. “I just signed up for my membership and received an email within minutes of my user name and password. Now I can enter the criteria of the house I’m looking to buy and The Quick Home Finder will email me as soon as a property fitting my desired criteria is entered into the database, so I don’t miss out on a great deal,” Sue explains.

Even in today’s challenging market, good deals go quickly. The Quick Home Finder has over 1400 members and it is growing daily. Other new features include a mortgage calculator, so home buyers can enter data and compute their monthly mortgage payment, a rebate program, featured “hot deals” and much more. “We have great plans for this site and we upgrade it often,” says Larry Morris. Visit http://www.thequickhomefinder.com/ and be sure mark it as one of your favorites. Visit the site regularly to be sure you don’t miss out on great deals that won’t last.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

With over 1400 associates, we cover listings and work with buyers in and around Michigan, including Addison, Augusta, Barton Hills, Belleville, Bruce, Brownstown, Commerce Township, Fowlerville, Garden City, Hamburg, Handy, Harper Woods, Huntington Woods, Inkster, Lakeville, Manchester, Mount Clemens, New Hudson, New Haven, Milford, Oceola, Oxford, Pinckney, Putnam, Ray Township, Redford, Romulus, Rose, South Lyon, Sterling Heights, St Clair Shores, Warren, Walled Lake, Whitmore Lake, Wixom, Woodhaven and Wyandotte, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Many in Michigan Choose to Lease a Home Rather than buy, even in Today’s “Buyer’s Market”

2008-03-28T17:20:00.000-07:00

The Quick Home Finder Offers over 70,000 Listings Including Condo’s or Apartments South East Michigan

Royal Oak, Michigan--The Quick Home Finder was created by real estate professionals who believe that all people can make great decisions with good information. Whether you choose to buy, rent or lease, the Quick Home Finder can help explain all your options. Individual needs and situations vary, so the staff of trained real estate professionals can provide the insight needed to make the process as painless as possible.

The Quick Home Finder is a “Multi-Listing Service (MLS)” for the general public to use for searching real estate listings. The web site is simple to use, featuring large property pictures, search criteria fields and maps. They provide over 70,000 real estate listings to choose from, including single family homes, apartments, condos, commercial listings and more. There are listings for sale, rent, lease, lease option (rent to own) and others with negotiable terms including land contracts (contract for deed).

Purchasing a home is a big step, especially in today’s depressed real estate market. Many people are undecided as to weather or not they are going to remain in Michigan, so they choose to lease a home rather than buy. There are other options available as well. For example, if one finds a great home that they would like to own, but are not sure they want to remain in the area, they can always lease with option to buy. If they decide not to remain in the area, they can sell their option position and move; if they wish to stay here, exercise the option and purchase the home. The Quick Home Finder and their trained staff of professionals can assist in structuring a deal that fits each customer’s individual needs. A lease option or land contract is a good way to have equitable interest in a home, yet, easy to sell one’s position if one decides to relocate. For some, there are income tax advantages to owning over renting.

Larry Morris of the http://www.TheQuickHomeFinder.com
works with buyers in and around Michigan, including Addison, Augusta, Barton Hills, Belleville, Bruce, Brownstown, Cohoctah, Commerce Township, Fowlerville, Garden City, Hamburg, Handy, Harper Woods, Huntington Woods, Inkster, Lakeville, Manchester, Mount Clemens, New Hudson, New Haven, Milford, Oceola, Oxford, Pinckney, Putnam, Ray Township, Redford, Romulus, Rose, South Lyon, Sterling Heights, St Clair Shores, Warren, Walled Lake, Whitmore Lake, Wixom, Woodhaven and Wyandotte, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1(888) 851-3710

Today’s Real Estate Market is Known as a “Buyer’s Market”, so why are so many People Opting to Rent or Lease?

2008-03-28T17:19:00.000-07:00

Larry Morris of Real Estate One Michigan offers great advice on other alternatives

Southfield, Michigan—Larry Morris of Real Estate One has noticed an increase in the number of people who are choosing to rent or lease a home rather than buy. “Because of the depressed real estate market and the job market in Michigan, many people are thinking of relocating,” says Morris. “We want to be sure everyone understands there are options other than renting, where one has some equitable interest in the home,” Larry explains.

Real Estate One Michigan offers many benefits from a range of quality home buying, renting and leasing services and resources unmatched by any other real estate company in Michigan. In addition to offering expert advice, they can structure a deal that fits the individual needs of the customer. A lease option or land contract provides equitable interest in the home, and is easily transferred to another party if one decides to relocate. This can be a good “temporary” ownership position which can be refinanced on a new mortgage if one decides to remain in the area.

The Real Estate One Family of Companies is a team of professionals who provide assistance in making the right decision as to homeownership, leasing or land contract. They also offer relocation services for those who decide to move. The market research reveals those who take advantage of more than one of the services often benefit financially, increasing the long term satisfaction with a new home lease or purchase and creating a long term relationship with the Real Estate One Family.

With over 1800 associates, http://www.realestateonemi.com/
covers listings and work with people in and around Michigan, including Armada, Auburn Hills, Berkley, Bloomfield Township, Canton Township, Centerline, Chelsea, Dearborn, Dexter, Ecorse, Franklin Village, Fraser, Freedom, Gregory, Grosse Isle, Grosse Pointe (s), Highland Township, Huron, Independence Township, Lake Orion, Marion, New Baltimore, Novi, Oakland, Township, Oak Park, Pontiac, Richmond, Roseville, Saline, Scio, Sharon, Trenton, Tyrone, Unadilla, Waterford Township, Wayne, West Bloomfield, and Ypsilanti, with coverage along with the rest of, Oakland, Oakland County, Wayne, Wayne County, Michigan, Macomb, Macomb County, Livingston, Livingston County, Washtenaw, Washtenaw County.

Contact:
Larry Morris
1 (248) 544-9040 1 (888) 851-3710

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

2008-01-13T06:21:00.001-08:00

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

2008-01-13T06:20:00.000-08:00

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

2008-01-13T06:19:00.000-08:00

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

A Bundle of Rights to Real Estate and What it Includes

2008-01-08T18:35:00.002-08:00

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

2008-01-08T18:35:00.001-08:00

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

2008-01-08T18:34:00.001-08:00

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?

2008-01-08T18:19:00.000-08:00

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

2008-01-08T18:17:00.000-08:00

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

2008-01-08T18:16:00.000-08:00

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

2008-01-08T18:15:00.001-08:00

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?

2008-01-08T18:13:00.000-08:00

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

2008-01-08T18:12:00.000-08:00

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

2008-01-08T18:11:00.000-08:00

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

2008-01-08T18:10:00.000-08:00

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

2008-01-08T18:09:00.000-08:00

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

2008-01-08T18:08:00.000-08:00

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

2008-01-08T18:07:00.000-08:00

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

2008-01-08T18:06:00.000-08:00

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

2008-01-08T18:05:00.002-08:00

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

2008-01-08T18:05:00.001-08:00

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

2008-01-08T18:04:00.000-08:00

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

2008-01-08T18:03:00.001-08:00

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

2008-01-08T18:01:00.000-08:00

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?

2008-01-08T18:00:00.000-08:00

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

2008-01-08T17:59:00.000-08:00

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

2008-01-08T17:58:00.000-08:00

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

2008-01-08T17:57:00.000-08:00

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

2008-01-08T17:56:00.000-08:00

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

2008-01-08T17:55:00.000-08:00

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

The Quick Home Finder to Search for Real Estate for Sale in Michigan

2008-01-08T17:54:00.000-08:00

A Free Real Estate Search Website Allows Buyers to Search Homes for Sale without Using a Realtor

The Quick Home Finder, LLC understands how stressful and difficult buying a home can be. They had that in mind when they developed a way for buyers to easily search properties online with http://www.thequickhomefinder.com. The Quick Home Finder, LLC services Wayne County, Livingston County, Washtenaw County and Oakland County, Michigan. There are over 60,000 homes listed on the website’s database now. With Michigan having one of the highest foreclosure rates in the nation, more homes for sale are constantly being added to the list.
The site has received honorable recognition from the National Real Estate Network for excellence in service. The public has also responded with approval; over 40% of the people using the service have saved it as one of their favorites. Realtors and real estate experts also give their seal of approval. Larry Morris, an Associate Broker for Real Estate One in Royal Oak Michigan said, “The information age is here. Armed with more information, my clients will make better choices. I always want satisfied clients. This tool will truly help my business.”
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.”
Whether looking to buy a home, rent to own, investment property, condominiums, town homes, water front, etc., http://www.thequickhomefinder.com has it listed. There’s no need for a real estate agent and best of all, it’s absolutely free!
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.

U.S. Bankruptcy Law:

2007-11-13T17:45:00.001-08:00

This has been republished by "Ralph Marcus Maupin Jr." "Mark Maupin" from Bloomberg News On how The US Bankruptcy Law has Backfire on Lenders, Banks and Mortgage Companies:
U.S. Bankruptcy Law:
Revisions Backfire on Banks
By Kathleen M. Howley Bloomberg News
Published: November 9, 2007

BOSTON: Washington Mutual got what it wanted in 2005: A revised bankruptcy code that no longer let people walk away from credit card bills.

The company, the largest U.S. savings and loan, did not count on a housing recession. The new bankruptcy laws are helping drive foreclosures to a record level as homeowners default on mortgages and struggle to pay credit card debts that might have been wiped out under the old code, said Jay Westbrook, a professor of business law at the University of Texas Law School.

"Be careful what you wish for," Westbrook said. "They wanted to make sure that people kept paying their credit cards, and what they're getting is more foreclosures."

Washington Mutual, Bank of America, JPMorgan Chase and Citigroup spent $25 million in 2004 and 2005 lobbying for a legislative agenda that included changes in bankruptcy laws to protect credit card profits, according to the Center for Responsive Politics, a nonpartisan
Washington group that tracks political donations.

The banks are still paying for that decision. The surge in foreclosures has cut the value of securities backed by mortgages and led to more than $40 billion in write-downs for U.S. financial institutions. It also reached to the top echelons of the financial services industry.

The Citigroup chief executive, Charles Prince 3rd, stepped down this week after the company, the biggest U.S. bank by assets, said it might have $11 billion of write-downs on top of more than $6 billion in the third quarter.

E. Stanley O'Neal was ousted as chief executive of Merrill Lynch, the world's largest brokerage firm, after an $8.4 billion write-down. Morgan Stanley said Thursday that subprime losses would cut its earnings by $2.5 billion in the fourth quarter. It said it lost $3.7 billion in the two months through Oct. 31 as prices for securities linked with home loans to risky borrowers sank further than traders expected.

Even as losses have mounted, banks have seen their credit card businesses improve. The amount of money owed on U.S. credit cards with payments more than 30 days late fell to $7.04 billion in the second quarter from $8.37 billion two years earlier, according to data compiled by Federal Deposit Insurance Corp. In the same period, the dollar volume of repossessed homes owned by insured banks doubled to $4.2 billion, the agency said. New foreclosures rose to a record level in the second quarter, led by defaults in subprime adjustable-rate mortgages, said the Mortgage Bankers Association in Washington.

People are putting their credit card payments ahead of their mortgages, said Richard Fairbank, chief executive of Capital One Financial, the largest independent U.S. credit card issuer. Of customers who are at least three months late on their mortgage payments, 70 percent are current on their credit cards, he said. "What we conclude is that people are saying, 'Honey, let the house go,' " but keep the cards, Fairbank said Monday at a conference in New York sponsored by Lehman Brothers.

The new bankruptcy law makes it harder for debtors to qualify for Chapter 7, the section that erases non-mortgage debt. It shifted people who get paychecks higher than the median income for their area to Chapter 13, giving them as much as five years to pay off nonhousing creditors.

The court-ordered payment plans fail to account for subprime loans with adjustable rates that can reset as often as every six months, said Henry Sommer, president of the National Association of Consumer Bankruptcy Attorneys. Two-thirds of debtors will not be able to complete their payback plans, according to the Center for Responsible Lending.

"We have people walking away from homes because they can't afford them, even post bankruptcy," Sommer said. "Their mortgage rates are resetting at levels that are completely unaffordable, and there's nothing the bankruptcy process can do for them as it now stands."
Four million subprime borrowers with limited or tainted credit histories will see their mortgage bills increase by an average 40 percent in the next 18 months, according to the National Association of Consumer Advocates in Washington. About 1.45 million of those will end up in foreclosure by the end of 2008, said Mark Zandi, chief economist at Moody's Economy.com .

Lenders began the process of seizing properties on 0.65 percent of U.S. mortgages in the second quarter, the highest level in the 35 years of Mortgage Bankers Association records.
Personal bankruptcies rose 48 percent to 391,105 in the first half of 2007 from a year earlier and Chapter 13 filings accounted for more than one-third of those, according to the American Bankruptcy Institute. In the first half of 2005, they were just 24 percent of the total.

Bad mortgages lowered Washington Mutual's profit by 75 percent in the third quarter from a year earlier, the company, based in Seattle, reported Oct. 17. But income from credit card interest rose 8.8 percent to $689 million.

Washington Mutual shares tumbled the most in 20 years Wednesday after the New York State attorney general, Andrew Cuomo, said that the company had pressured real estate appraisers to assign inflated values to properties.

Citigroup's earnings fell 57 percent in the third quarter on mortgage losses. Bank of America stopped so-called warehouse lending to mortgage brokers after its profit declined 32 percent in the period.

JPMorgan reported profit growth of 2.3 percent in the quarter, the smallest increase in more than two years, after reducing the value of leveraged loans and collateralized debt obligations, investment packages of mortgages, by $1.64 billion.

A Washington Mutual spokeswoman, Libby Hutchinson, a JPMorgan spokesman, Thomas Kelly, and a Bank of America spokesman, Terry Francisco, declined to comment on the bankruptcy law.

"The law had an unintended consequence of taking away a relief valve that mortgage borrowers used to have," said Rod Dubitsky, head of asset-backed research for Credit Suisse. "It's bad for the mortgage borrowers and bad for subprime investors because it means more losses."

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was the biggest overhaul to the code in more than a quarter of a century. The previous law, adopted in 1978, loosened requirements for debt forgiveness.

Financial companies began a coordinated lobbying campaign for revising the law in 1998 when the American Financial Services Association, a trade group representing credit card companies, joined the American Bankers Association to form the National Consumer Bankruptcy Coalition.

Campaign contributions from the coalition and its members totaled more than $8.2 million during the 2004 election that gave President George W. Bush his second term in office.

The group, later renamed the Coalition for Responsible Bankruptcy Laws, has since disbanded. Its members included Washington Mutual, JPMorgan, Bank of America, Citigroup, MasterCard, and Morgan Stanley.

What Does Real Estate And Cash Currency Trading Have In Common?

2007-11-13T16:40:00.001-08:00

Roy Frank, a real estate broker and stock broker for over 20 years had investors on the edge of their seats at W3C's MonthlyReal Estate Roundtable. He explained what the income gap is and ways to fill it. People that attended the WCCC event werealso there to learn about a new currency trading system that he uses to trade in the foreign exchange market. It is gettingoff the chart results for him. Come and meet Roy at the November Mega Evening Event. He will have a resource table and can show you how his program works or answer any of yourreal estate investor questions.Date: November 15th, 2007Location: Laurel Manor, 39000 Schoolcraft Rd, Livonia, MI 48150 Time: 6pm to 9pm For more information, visit http://www.MegaEveningEvent.com

Investors Club of Michigan Brings Wide Range of Investment Experts to Michigan's Fasting Growing Club

2007-11-06T17:12:00.001-08:00

Currency Trading, Stock Trading, Real Estate Wholesaling, Rental Coaching, Painting Expert, And National Real Estate Investing Speaker Title Company Expert, All Part Of Mega Evening Event!

Roy Frank, a real estate broker and stock broker for over 20 years had investors on the edge of their seats last Thursday evening at Wayne County Community College. He explained what the income gap is and ways to fill it. People that attended the WCCC event were also there to learn about a new currency trading system that he uses to trade in the foreign exchange market. It is getting off the chart results for him. If you want to see him -- come to the mega evening event -- he will have a resource table and can show how his program works or answer any of your real estate investor questions—

Ralph Marcus Maupin (Mark) co-founder of Real Estate Investing Club said "We have great line up local experts and great talent. Our club has one hour of networking and going to resource tables at our meeting from 6 pm to 7pm. This meeting we have small business expert, painting contractor expert, section 8 housing expert, title company expert, business lines of credit expert, stock trading expert and currency trading expert. This is all followed by what new in investing in Michigan followed by Our National speaker on Making Money in real estate investing in our market."

Roy Frank is active wholesaler of investment real estate. He has also for years been real estate consultant to charities on donations of real estate.

Get your questions answered at Roy Franks Table on:

1. What is Cash Currency Trading and how does it work?

2. What do you need to know to trade stocks in today's market?

3. What is Real Estate Wholesaling? How do I as investor take advantage of It.?

4. What are laws and rules in Donating Real Estate?

5. What is the Tax Advantages of Donating real estate?

National Real Estate Investors Meeting In Livonia, Michigan

Date: November 15, 2007
Time: 6:00 pm to 9:00 pm
Location: Laurel Manor
Address: 39000 Schoolcraft, Livonia
'
http://www.MegaEveningEvent.com

Areas Cover by Club:

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 Ile Township, 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 Ypsilanti National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com . Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Why You Think You Stink At Real Estate in Michigan And What To Do About It.

2007-11-06T17:10:00.001-08:00

How To Best Utilize Those Around You So You Can All Profit Financially And Spiritually.

This month message is important to all in Michigan who own or who things of owning real estate. This subject is so important to people of Michigan, The National Real Estate Network, a local real estate investing guide Club has open it's doors to public.

Ralph Marcus (Mark) Maupin, Jr. co-founder of National Real Estate Network, said "Adam King will be our speaker for November and will have knock out, in your face, reality check presentation for you! This will be a seminar you will not want to miss! Why? Just look what is covered! You haven't seen a speaker cover the "investor's perception" like this before!"

Topics Covered:
§ Why you think you stink at real estate and what to do about it.
§ How to forecast your abilities in exchange for services to perform deals!
§ What it's like to be on the financing side of a deal and what bankers look for.
§ What it's like to structure and negotiate offers when you're broke!
§ How to best utilize those around you so you can all profit financially and spiritually.
§ How to leverage alternative financing with no money and no credit.
§ How to locate investors to bring you leads by showing them the secrets of the 5 Questions to Success System, while offering them a service they cannot refuse!
§ What it's like to have someone take the pressure off and analyze your deals for you.
§ Why you can't and won't do it on your own. And why that's okay!
§ The greatest secret is having the exit strategy first! Learn how to walk into a deal KNOWING a check is coming BEFORE even making the offer!
§ How to leverage amazingly simple systems around you in order take advantage of the foreclosure and rental market.
§ And much more!
§
These two events will come with a tremendous amount of information and very creative ideas you have heard nowhere else. But most importantly, Adam will show you a different "perception" of creative real estate directly from the eyes of someone experienced everything from no money/no credit, to becoming the bank.

Join us November 15th and 17th Check out events at http://www.megaeveningevent.com

Areas serviced by National Real Estate Network:

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 Ile Township, 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 Ypsilanti
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Where To Find Michigan Real Estate Investing Information And Location of Rental Housing Associations, Real Estate Clubs, Networks, REIA, Real Estate I

2007-11-06T17:02:00.000-08:00

"FREE Real Estate Forms, Buyer Favorable PA, Lease Option Forms, Rental Lease Agreement and 60 Others... Enter Your Name and Email Address on Http://Www.Megaeveningevent.Com and Get New Form Weekly"( EMAILWIRE.COM, November 04, 2007 ) Livonia, MI -- National Real Estate Network LLC Now has made it easy for investors to find Real Estate Clubs in their market. Simply go to the http://www.megaeveningevent.com home page and you will find a link to over 1057 clubs throughout the United States. Now for the die hard investors you can go vacation and visit clubs right in that city. You can also go to the National Real Estate Network LLC website and get a list of all the real estate terms and definitions you don't know. Now when some says short sale, FSBO, REO, BPO, comps, and forbearance agreement, you can go to http://www.MegaEveningEvent.com and see what they are talking about. You can receive new real estate forms weekly by signing up on their home page. Ever week you get a new real estate for your library of forms. Real estate investment clubs provide tremendous resources and networking opportunities for beginning and experienced investors. National Real Estate Network, LLC provides a list of the Michigan Real Estate Investing Clubs, REIAs, Real Estate Investor Associations, and Real Estate Investing Associations. You will find information on the dates and times of meetings on the follow Michigan Investment Clubs: Real Estate Investors Association of Oakland Contact: Christine Telephone: (800) 747-6742 Fax Number: 877-263-9574 When: Thursdays, 5:30pm / 9:30pm Web Site: www.reiaofoakland.com Email: reiaofoakland@aol.com Kalamazoo Area Rental Housing Association Contact: Jackie Newenhuis Telephone: (616) 383-4664 When: 2nd Tuesday of each month 6:00pm Dinner, 7:00pm Meeting Where: Ryan's Restaurant, 7141 S. Westnedge Ave, Portage Genesee Landlord Association Contact: Mike Neurohr Telephone: (810) 767-3080 When: 2nd Monday of the month, 6:45pm pre-meeting Where: Walli's Center & I-69, Flint Web Site: www.geneseelandlordassoc.org DOLLARS Contact: Wendy Patton Telephone: (248) 394-0150 When: 3rd Thursday of the month, 6:30pm Where: Gazebo Resturant, Warren RE Investors Contact: Jerry Ballard Telephone: (517) 285-0788 When: 1st Wednesday of the month, 7:00pm Where: Best Western Midway Hotel, 7711 W. Saginaw, Lansing New Real Estate Investors Contact: Larry & Sharon Yelinek Telephone: (810) 231-8126 When: 2nd Tuesday of the month, 5:30pm pre-meeting, 7:00pm main meeting Where: DoubleTree Hotel, I-96 & Novi R. (across from 12 Oaks Mall), Novi Detroit Real Esate Investor Network Contact: Loray Owens Telephone: (313) 832-4211 When: Wednesdays, 6:30pm Where: Venue varies--call or email, Detroit/Tri-County Sellers/Buyers Club Contact: Patrice Telephone: (248) 470-6713 When: To be announced Where: To be announced, Southfield Michigan Real Estate Investors Contact: Wendy or Michael Telephone: (248) 394-0150 When: Contact for info. Where: Northfield Hilton, Troy Wayne County REI Club Contact: John Wang Telephone: (734) 981-6858 When: Last Thursday of each month, 6:30pm Where: Rotation, Canton-Plymouth Northerm Michigan Real Estate Investment Association Contact: Alex Misico Telephone: (231) 947-5437 for directions Fax Number: 231-947-5437 When: 1st Monday of each month, 5:30pm / Breakfast Meeting 3rd Saturday, 9:00am Where: Elks Club, 625 Bay St., Traverse City Email: amisico@voyager.net No. Members: 40 Guerilla Investors Army Contact: Kent Spencer Telephone: (313) 617-1198 When: Last Tuesday of every 2nd month, 6:00pm Where: Franklin & Southfield Western Michigan Property Investors Association (Rich Dad Club) Contact: Louie Gimbutis Telephone: (231) 726-4749 When: 3rd Wednesday of each month, 7:00pm Where: Perkins by Lakes Mall on Harvey St., Muskegon JC & D, LLC Real Estate Club (Detroit Chapter) Contact: J. Ivory Telephone: (313) 822-3247 When: 1st Saturday of each month, call to confirm 6:00pm Where: call for location, Detroit Dearborn Area Investments Contact: Mike Safiedine Telephone: (313) 475-3165 When: 1st Monday of each month, 7:00 Where: call for details, Dearborn The Wealth Builder Group Contact: Nora Ijalal Telephone: (248) 577-9100 When: Every 3rd Thursday of each month, 7:00pm to 8:30pm Where: Novi Sheraton Hotel, Madison Heights American Real Estate Investment Club Contact: James Melki Telephone: (810) 625-1104 When: Mondays, 9:00am Where: Sharps, Flint QuadLakes REIC Contact: Mr. Phoenix Stiles Telephone: Contact by email at QuadLakes@yahoo.com When: Call for info, varies Where: Varies, Detroit Real Estate Investors of Michigan Contact: Clay Powell Telephone: (800) 701-7762 Fax Number: 616-454-3385 When: 3rd Wednesday of each month (Excluding Jul., Aug., Dec., & Feb.), 6:00pm Where: The Prince Center (Calvin College Campus), 1800 E. Beltline, Grand Rapids Web Site: www.reiofmi.org Email: contactrei@reiofmi.org No. Members: 1,840 Tri City Investment Club Contact: Dale Abke Telephone: (989) 891-0930 When: To be determined Where: To be determined, Bay City WCRT Detroit "Success by Association" Contact: Jared Pomranky Telephone: (248) 506-8364 When: 1st Tuesday of each month, 6:30pm Where: La Casa Inn & Suites on 9 Mile just east of I-75, Hazel Park Southeast Michigan Real Estate Investor Association Contact: Craig Covert, Greg Maxwell Telephone: (313) 608-8008 or (313) 729-1826 When: 1st & 3rd Wednesdays of each month, 6:30pm networking, 7:00pm event Where: 39555 Orchard Hill Place Dr., Ste. 250, Novi National Real Estate Network Contact: Urvi Mehta Telephone: (248) 762-0800 Fax Number: 734-402-0279 When: 3rd Thursday of each month, 6:00pm to 9:00pm Where: Laurel Manor, 39000 Schoolcraft Rd, Livonia Email: mmaupin@donaterealestate.com No. Members: 350 REIA of Macomb Contact: Dylan Tanaka Telephone: (586) 203-8333 Fax Number: 586-816-0470 When: Last Thursday of each month, 7:00pm Where: The Concorde Georgian Inn, Roseville Email: info@REIAofMacomb.com No. Members: 75 Associated Landlords of Detroit Contact Person: Reggie Fluker Meeting Location: The HomeOffice Center,Call for Address, Oak Park, Michigan 48237 Meeting Time: 1st Monday Phone Number: 313-832-0523 Email: info@realestateinvestorsnetwork.com No. Members: 121 Lenawee Area Rental Housing Association Contact Person: Guy Cox Meeting Address: 4040 Monroe Road, Box 96, Tipton, Michigan 49287 Phone Number: 517-431-2041 My Real Estate Group Contact Person: Boyd Rudy Meeting Location: My Real Estate Store, 7779 N. Henry Ruff, Westland, Michigan 48185 Meeting Time: 4th Wednesday, 6:30 p.m. Phone Number: 248-388-1680 Fax Number: 734-464-3058 Email: team@teamsoldllc.com No. Members: 55 Real Estate Investors Association of Wayne County Contact Person: Wayde Koehler Meeting Address: P.O. Box 5341, Dearborn, Michigan 48128 Phone Number: 313-386-7228 Fax Number: 313-386-7600 Wealth Investor Network (WIN) Contact Person: Jill Shepard Meeting Location: Embassy Suites - Detroit-Livonia, 19525 Victor Parkway, Livonia, Michigan 48152 Phone Number: 810-714-5335 Fax Number: 810-714-2349 Web Site: www.CashFlowMI.com Email: sbscaryn@msn.com No. Members: 100 Windy City Round Table Contact Person: Jared Pomranky Meeting Location: La Casa Inn & Suites, 1 W 9 Mile Rd, Hazel Park, Michigan 48030 Meeting Time: 1st Tuesday, 7:00 p.m. Phone Number: 248-506-8364 Fax Number: 248-920-0824 Web Site: www.wcrtdetroit.com Email: jared.pomranky@wcrtdetroit.com No. Members: 30 National Real Estate Network, LLC services Oakland County, Wayne County, Livingston County, Washtenaw County, and Macomb County in Michigan. They are member of The National Real Estate Investors Association http://www.nationalreia.com National Real Estate LLC is often asked for and can provide you information on the following resources: Real Estate Association of Michigan, Michigan Real Estate Groups, Real Estate Investment Association of Michigan, REIA of Michigan, Real Estate Classes Michigan, Real Estate Investing Club Michigan, Landlord Club Michigan, Michigan Real Estate Mentoring Program, Michigan Real Estate Training Classes, Michigan Real Estate Seminars, Michigan Real Estate Schools, Michigan Real Estate Courses, Michigan Real Estate Network, Michigan Real Estate Conventions, Michigan Real Estate Boot Camps, Michigan Real Estate Forums, Michigan Real Estate Licensing, Michigan Real Estate Learning Center, and Michigan Learning Annex. Many times in real estate investing you hear words like forbearance agreement, short sale, fisbo, lease option, pre-foreclosure, foreclosure, the club has section to look up the meaning or any real estate term that someone does not know. Or if you need to look up the meaning of any of words or terms in this press release, wikipedia is great source http://en.wikipedia.org contact: Urvi Mehta 248-762-0800

Association for Rental Housing Michigan Web Site Has New Feature for Finding, National Real Estate Investing Clubs, Groups, Associations, REIA, Networ

2007-11-06T17:00:00.000-08:00

REIA Of Michigan Offers Added Features On Web Site

Livonia, MI -- National Real Estate Network LLC Now has made it easy for investors to find Real Estate Clubs in their market. Simply go to the http://www.megaeveningevent.com home page and you will find a link to over 1057 clubs throughout the United States. Now for the die hard investors you can go vacation and visit clubs right in that city. You can also go to the National Real Estate Network LLC website and get a list of all the real estate terms and definitions you don't know. Now when some says short sale, FSBO, REO, BPO, comps, and forbearance agreement, you can go to www.megaeveningevent.com and see what they are talking about. National Real Estate Network LLC holds Real Estate Investing Club Meeting once a month on the third Thursday every month with new topic and many National Speakers. Meetings are free to first time guest. Clubs Agenda at each of meeting is: 6:00—Structured Networking 7:00—Update from Founders 7:30—Main Speaker Time of meetings is: 6:00pm to 9:00pm Location: Laurel Manor, 39000 Schoolcraft Rd, Livonia, MI 48150 Register NOW by calling 248-762-0800 http://www.megaeveningevent.com Every Event includes: Structured Networking: Use this time to network with a purpose. Meet our business vendors during this time and see if they can assist you with your needs. Power Networking: A fun way to hone your networking skills, meet other investors with a like interest, and be helped or help another. Contact: Mark Maupin Tel: 734-402-0180 Areas serviced by National Real Estate Network:

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 Ile Township, 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 Ypsilanti
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta or Ralph Marcus Maupin, Jr.248-762-0800 info@MegaEveningEvent.com

Rental Housing Association of Wayne, Oakland, Washtenaw Macomb Counties, Michigan

2007-11-06T16:51:00.000-08:00

Livonia, MI – Ralph Marcus Maupin, Jr. co-founder of Michigan's fastest growing real estate Club, and REIA of Michigan http://www.MegaEveningEvent.com address why Clubs are so important at college event. A REIA, Real Estate Investors Association, mission is to provide an entrepreneurial atmosphere for real estate investors and home buyers to learn, and network with new and experienced investors. A REIA and the Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with a goal 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, accounts, students, home buyers, home sellers, and first time landlords. Real Estate Investing Clubs meet regularly in most major cities. They hold there meetings usually on monthly basis in the evening. First time visitors and guest can usually come free to a first meeting. Membership is encouraged as these organizations are mostly funded through membership. New or seasoned investor does not matter; a membership in your local association is a priority. It is said it's never too late to learn something and that holds true when it comes to Real Estate Investing. REIA meetings are full of valuable real estate investing information. Learn from those who have been in the "investor land mine fields". Having a place and a setting for putting your dream team together through the networking, which is priceless? Have you heard, "It's not who you are, but who you know that makes you successful?" The people you meet at these meeting will move you to a whole new level of results by cutting through the red tape of investing. You can not believe what you get in value from the membership investment. Having local experts at meetings who are doing what you want to do is priceless. Membership cost to most clubs range $100 to $200 dollars yearly. Many investors and home owners are stuck on where to find contactors, and other local resources. As a member, investors will benefit from meeting both new and seasoned investors. What great places where newer investors go to learn, partner and work for seasoned investors, finding them deals and getting paid while learning. That's right, they make money, learn the business without risking their own dollars or credit. Being Wholesaler of real estate is sometimes call being bird dog for the seasoned investors. Growing up I always heard the term "that dog don't hunt". This holds does not hold true in the real estate investing club business. Here the meaning is "this dog does hunt". The new investor will learn as they earn free from risk and pressure. They have the experienced investor along as their coach and mentor. At the monthly meetings there are resources tables where members and guest can bring their fliers and business cards. This is great way for networking. A chance to get knows each other and promotes different recourses like Investor Real Estate Agents, Investor's Mortgage Loan Officers, Hard Money Lenders, Real Estate Attorneys, And Real Estate Minded CPAs, Accountants, Property Managers, Contractors, Title Companies, and Wholesalers? Real Estate Business that supports the investors with products or services can network at their local REIA to meet potential customers. Like minded people working together can move mountains. REIAs and Real Estate Investor Clubs invite national and local speakers to teach their members new and innovative techniques that when applied, will bring success. A lot of National Speakers have investing courses, mentoring courses, boot camps and home study courses for sale to the attendees. The club leaders work on reviewing these course and reputations before inviting speakers to the events. Some of the REIAs provide free forms and forms disk for their members. It is always advised that members check with their own attorneys before using. What makes a Successful Real Estate Investor Association (REIA): • The Club Leaders or Owners invest in real estate in the market that club is located. Many of the most successful REIAs have expert real estate board members or owners. • REIA provide a good mix of local and national expert speakers • The Investing Club have an online presence – they provide resources and information their members can access – like forms, seminars, and up coming event calendar, list of real estate terms and what they mean • Club Meetings are held regularly (at least monthly). Many of most successful groups have more than one meeting a month – some of larger clubs will have 3-5 meeting a month with different topics • All Speakers give great value – they give more than promised • REIA Membership includes benefits – Free forms, access to recordings of local speakers • Opportunities to network with like minded people • Local REIA to be member National Associations for investor club to gain advise and coaching. How does home buyer find a Real estate investors association or groups in their area? Its easy do a Google search on any of following: 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 www.google.com 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 Clubs Locations at: http://MegaEveningEvent.com.

Areas serviced by National Real Estate Network:

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 Ile Township, 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 Ypsilanti

Real estate investing association, reia, your local real estate investing resources club
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Countrywide Announces a $16 Billion Comprehensive Home Preservation Program

2007-10-30T08:00:00.001-07:00

This is a republished article by John Lopez:

Enhanced focus on rate resets will benefit more than 80,000 borrowers -

CALABASAS, Calif., Oct. 23 /PRNewswire/ -- Countrywide Financial Corporation CFC today announced a comprehensive home preservation program to reach out to borrowers at-risk of default. Countrywide will launch an outbound calling initiative to refinance or modify up to $16 billion of Countrywide loans for borrowers who are facing an adjustable-rate mortgage reset through the end of 2008.

"Countrywide is committed to helping its customers sustain homeownership," said David Sambol, President and Chief Operating Officer of Countrywide. "Unprecedented times call for unprecedented remedies. We are determined to assist borrowers who have the willingness and wherewithal to remain in their homes, but need a little help to do it."

"Countrywide believes that none of our subprime borrowers that have demonstrated the ability to make payments should lose their home to foreclosure solely as a result of a rate reset," said Sambol. "This is yet another step in our continuing effort to identify and improve existing programs that assist our customers."

Countrywide will offer tailored solutions to its borrowers to proactively address the rising foreclosure rate. Dedicated teams of Countrywide specialists will contact customers who are current in their payments and approaching a rate reset to ascertain the borrowers circumstances and advise them about refinance and home preservation options.

Countrywide's new and enhanced programs include:

Refinance Program

-- For Countrywide borrowers currently in a subprime loan with a strong payment history, a special refinance unit has been created to contact approximately 52,000 borrowers to offer refinance options. The company has identified and will work to refinance approximately $10 billion of mortgages. For this group, Countrywide will offer borrowers options to refinance into prime or FHA loans. For those with credit issues, Countrywide will offer Fannie Mae or Freddie Mac's expanded criteria programs. Countrywide has a strong track record of successfully transitioning borrowers from subprime products to prime loans. Year-to-date, more than 31,000 borrowers have refinanced to prime fixed rate loans totaling more than $5 billion.

Modification Program

-- Countrywide is working to identify and contact prime and subprime borrowers who are current but unable to qualify for a refinance and are likely to have difficulty affording an upcoming reset. Countrywide will supplement its early notification letter to borrowers by calling no later than three months prior to the reset to determine their financial circumstances and develop affordable solutions. As a result of this initiative, Countrywide will successfully modify $4.0 billion in loans for approximately 20,000 borrowers in an existing adjustable rate mortgage through the end of 2008.

Additionally, for subprime borrowers who are currently delinquent and are experiencing financial difficulties as a result of a recent reset, Countrywide has implemented a simplified loan modification process. Countrywide is in the process of sending letters to these borrowers offering a pre-determined, pre- approved rate reduction. It is anticipated that 10,000 additional borrowers, totaling $2.2 billion, will receive modifications through this initiative by year-end.

Home Preservation Efforts

So far this year, Countrywide's existing home preservation efforts have
helped more than 40,000 borrowers stay in their homes including the
completion of 20,000 loan modifications. Countrywide's comprehensive
efforts help borrowers facing financing difficulty. These include:

-- 2,700 highly-trained home retention specialists that work with delinquent borrowers by providing payment alternatives in order to help them retain their homes.

-- Countrywide borrowers with an impending rate reset are sent a letter 180, 90 and 45 days prior to the rate increase to ensure that borrowers understand their options.

-- Outreach to distressed homeowners in their own communities by setting up face-to-face meetings through various means; hosting seminars around the country to help borrowers avoid foreclosure; participating in foreclosure prevention workshops, teaching them about possible foreclosure scams; and offering loan workouts on- site.

-- Working with non-profit and community groups across the country to create grassroots efforts to contact and counsel distressed borrowers, particularly in communities that are experiencing unusually high foreclosure rates.

Countrywide encourages consumers who face an increase in their mortgage payment or fear falling behind on their payments for any reason to call the Countrywide home retention team at 800-669-6650.

About Countrywide

Founded in 1969, Countrywide Financial Corporation is a diversified financial services provider and a member of the S&P 500, Forbes 2000 and Fortune 500. Through its family of companies, Countrywide originates, purchases, securitizes, sells, and services residential and commercial loans; provides loan closing services such as credit reports, appraisals and flood determinations; offers banking services which include depository and home loan products; conducts fixed income securities underwriting and trading activities; provides property, life and casualty insurance; and manages a captive mortgage reinsurance company. For more information about the Company, visit Countrywide's website at http://www.countrywide.com.

Housing bust takes big toll on Realtors

2007-10-30T07:59:00.000-07:00

3,500 left real estate industry in Michigan in the last year alone.
Nathan Hurst / The Detroit News
STERLING HEIGHTS -- Thousands of Michigan real estate agents -- some with decades of experience -- are getting squeezed out of the business, casualties of one of the worst housing slumps in state history.
Agents who prospered a few years ago, when consumers' appetite for real estate seemed insatiable, now are struggling or switching careers.
Michigan agents say a lack of home buyers for the glut of houses on the market is driving them from the business. Those who do manage to move a property are realizing lower commissions as a result of dampened real estate prices.
In the last year alone, the Michigan Association of Realtors has lost 10 percent of its membership, or about 3,500 agents. Membership now stands at about 30,000, the trade group said. An untold number of agents have taken second jobs to weather the slump or have put their licenses in "escrow," basically not using them until the market turns around.
Metro Detroit has been among the regions worst hit by the housing slowdown, which started in Michigan in late 2005 and hit the rest of the nation early this year. In September, Realtors sold 3,703 homes in Metro Detroit, down from 4,184 in September last year and 4,456 the year before that, according to multiple listing service Realcomp II Ltd.
Real estate agents across the country are leaving the business as the sales downturn worsens. The National Association of Realtors is predicting a 4 percent decline in its membership by the end of 2007, from a record high of 1.4 million members at the beginning of this year.
When Metro Detroit's real estate market entered its downward slide, John Kurczak, a 17-year veteran of the industry, thought he had the tools and experience to ride out the storm.
But after watching the agency he worked at for 16 years close its doors and the number of homes he sells drop off dramatically, Kurczak, 36, is wondering just how much longer he can stand the 14-hour days and long stretches between commission checks.
"I've reinvented myself and spent countless hours trying to get ahead," said Kurczak, who is looking at job offers from other states and in other fields.
"But it's not always paying off. It's a shame -- I can spend all this money trying to market a home, but nobody's buying. I only get paid when the fat lady sings."
Strategies change
Agents still in the business said they're fighting hard to keep ahead.
Some have changed their advertising strategies in an attempt to grab the attention of scarce buyers.
Kurczak, now an agent at Keller Williams in Sterling Heights , said the transition away from his old Century 21 AAA digs in Eastpointe was a rough one. Forced to find a new professional home after the Eastpointe office was shuttered last year, Kurczak renewed his focus on developing and maintaining his own Web site, while keeping in contact with anybody and everybody who could be a sales lead.
Others, like Maureen Francis of SKBK Sotheby's Realty, in Birmingham , have started offering potential customers their own brand of real estate news analysis.
Francis, who specializes in selling luxury properties in Oakland County, started a blog, mioaklandcounty.com , with her husband, also a Realtor. She regularly updates the site with commentary on local and national real estate news and said her site has been instrumental in connecting with customers.
"It lets them get a better idea of what's going on in the market," Francis said. "It's honest and shows what kind of agent I am."
Dreams die
Being honest and tech-savvy isn't enough to stay afloat as a Realtor, Kurczak said. And with job offers coming in from other fields with companies in other states, Kurczak said his days working Metro Detroit's property market likely are numbered.
Kurczak said his current job is one that's only gotten harder as friends and even family members have fled the real estate business while he's tried to hold on.
Both of his brothers got their real estate licenses within the last year. But after seeing Kurczak struggle -- including a situation last winter in which Kurczak was dropped by a couple looking for a home after he took them on 70 private showings -- both brothers have decided to wait to get in the business until the market improves.
Sandy Covert, 33, said she wishes she had done just that.
Lured by tales of plump paychecks and the allure of a job that came with a business card and no uniform, Covert decided in November 2005 to ditch her merry-go-round of low-wage retail jobs for the world of Metro Detroit real estate.
Covert of Dearborn Heights said she did everything right -- taking licensure classes in the evening and spending lunch breaks studying economics and accounting volumes picked up from a used bookstore. She was assured by instructors and more experienced agents that there was no end to success in the real estate business, even with talk of a downturn swirling in the news.
But after thousands of dollars spent on preparation and six months working every angle of the market she could, Covert had sold only one home.
"It was a complete embarrassment," Covert said of the dilapidated structure a few blocks from her own Dearborn flat that she sold for a mere $4,500. "That was all I could sell. I tried harder at this than anything before in my life and I couldn't make it work. People don't believe what a tough business this is."
Covert was lucky, other agents said. Though she abandoned her dreams of real estate success after a year, she was able to return, albeit reluctantly, to her career in retail.
Marlene Bryant, a 52-year-old instructor at a private school in Toledo , said she stopped teaching in 2002 to try her hand at selling real estate around her hometown of Monroe. But after three years, she said she's happy to be back to her life of guaranteed work hours and a pension.
"It was like a glamorous dream job," Bryant said. "I drove a Cadillac and took people to nice places. It was great while it lasted."
Others like Kurczak, whose professional life started as a real estate agent, aren't sure what they'll do if they leave the business.
"It's not as if we're not working hard," he said. "But you can't make people buy houses, which is unfortunate. I'd be a very rich man if I sold everything there is to sell in Metro Detroit."
You can reach Nathan Hurst at (313) 222-2293 or nhurst@detnews.com.

Real Estate Investors & Homeowners, Do You Want More Information Or Experience ?

2007-10-30T07:58:00.000-07:00

November Seminar the Cooperative Purchase System with Adam King, Sponsored By Property Investing Club

The "staggeringly high" new investor failure rate is dictated by the solid understanding of these two important words. Adam knows the importance and difference of these two words and wants nothing less than the investment community to learn how to properly act on it.

The Cooperative Purchase seminar and workshop isn't just another event packed with "home study" information and material you won't use. It is a "system" that involves immediate and everlasting support from Adam himself and the team you will effortlessly build in order to accomplish deals anywhere in the country. You may have heard of, or even studied such strategies as lease options, short sales, wholesaling, rehabbing, land contracts, multi-unit, high end flipping and more, but do you know who to apply them successfully? Do you know how to apply them "backwards" so your exit strategy comes first? Do you know where to get money that you can count on? Do you know how to structure the offer so everyone wins?

Let's face it, getting deals in our current economy is easy, but how would you feel if you KNEW that when you got a deal there was a paycheck coming your way from the very beginning? You will learn how "real money" works in our business. You will learn techniques that NO OTHER guru has taught EVER! And you will learn and ACT on it TOGETHER with our current 114 associates in 22 states and in Canada.

Come join us November 15th as Adam will walk you through his experiences as a new investor with no clue, to an investor who understands the leverage of all forms of creative real estate investing including the amazing financing side of hard and soft money. He knows and has experienced what every new and seasoned investor has faced. He has been the glue holding together multi-million dollar deals and low income acquisitions. And now it is his time to share his experiences and knowledge with you.

Ralph Marcus Maupin, Jr. (Mark), College Professor, at Wayne County Community College said "Real Investing can be a risk. The thing I like about Adam King is that his approach is not to put the investor new or experience at risk. With his program he puts buyer in control without risking their money. Great program for new or experience investors. This REIA, (real estate investors association) brings both the National experts like Adam King, but also brings local experts to every meeting."

This is one of many events sponsored by National Real Estate Network, LLC. This real estate investing club event repeats ever third Thursday of Month in Livonia, Michigan. This is club for new and experience investors, homeowners, and landlord in Southeast Michigan. The third Thursday meetings are Free to first time visitors. Below is the when, how and where:
Meeting is free to first time visitors. Agenda: • 6:00—Structured Networking – Resource tables, local real estate experts • 7:00—Update from Founders • 7:30—Expert—Adam King Seating is limited so don't delay and reserve your seat TODAY!!! Register NOW 248-762-0800 Event Date: Thursday, 15th November 2007 Event Start Time: 6:00 PM Event End Time: 9:00 PM Location: Laurel Manor 39000 Schoolcraft Rd Livonia, MI 48150 Primary Phone: 248-762-0800 Primary Email: info@megaeveningevent.com The club services the following areas; Macomb County --Bruce Township, Center Line, Chesterfield Township, Clinton Township, Eastpointe, Fraser, Harrison Township, Lenox Township, Macomb Township, Mt. Clemens, New Baltimore, Ray Township, Roseville, Richmond, Shelby Township, St. Clair Shores, Sterling Heights, Utica, Warren, Washington Township 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 Ile Township, 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 Ypsilanti
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Good Loans Going Bad!

2007-10-24T17:45:00.001-07:00

Delinquent FHA loans mount in Michigan
Feds to offer counseling to struggling homeowners
Christine MacDonald / The Detroit News
Alarmed by Michigan's nation-leading rate of FHA foreclosures, federal officials are stepping in to arrange counseling for defaulting homeowners and may reward real estate agents for reselling properties.

Nearly 4 percent of Michigan's Federal Housing Administration loans -- 5,235 -- were foreclosed on in the 12 months ending Sept. 30, according to data compiled last week; payments on about 9,000 more are at least 90 days delinquent in Wayne, Oakland and Macomb counties. Michigan's rate is the highest in any state since at least 2002, and further cements the state as the center of the nation's housing crisis.

Experts say those numbers bolster the belief that Michigan's foreclosure problems go much deeper than the struggles seen nationwide with subprime and adjustable rate mortgages.

They blame Michigan's overall economic troubles for driving up the numbers in the somewhat less risky FHA loans, which require low down payments and are aimed at low- and middle-income borrowers.

"In Michigan, we have determined that the situation has just gotten so severe we need to get out front more," said Laurie Maggiano, deputy director of the U.S. Department of Housing and Urban Development's Office of Asset Management and Disposition. "We don't like the numbers and we want to see them go down."

City officials worry about the toll the vacant houses -- especially FHA homes, which can take longer to work their way out of foreclosure limbo than other conventional loans -- is taking on Metro Detroit. Some communities are taking steps to buy the houses from HUD, rehab them and sell them cheap -- just to get them occupied and back on the tax rolls.

"It's only a matter of time before something bad happens," said Taylor Mayor Cameron Priebe, who is concerned that the empty houses will become eyesores, suppress property values and attract vandals.
Mich.-only plans in works
People who buy homes insured by the FHA secure mortgages through private lenders, such as banks or mortgage companies, and the FHA insures the loan. If a homeowner defaults, FHA covers the lender's loss. FHA clients pay mortgage insurance; the program is self-sustaining and costs taxpayers nothing.

Officials with HUD say they will roll out special, Michigan-only initiatives in mid-November to tackle the problem.

For the first time, HUD is contacting by mail thousands of delinquent FHA borrowers in Metro Detroit who are on the verge of foreclosure and urging them to attend to a Nov. 15 financial counseling event with lenders to potentially negotiate a way to avoid foreclosure.

HUD typically doesn't contact borrowers directly, Maggiano said.

And HUD is considering additional ways to move homes off the HUD inventory, including
lowering down payment requirements even further from the standard 3 percent of the home's cost -- potentially as low as $100 -- to attract buyers. Maggiano said borrowers will still have to prove they will be able to repay the loan.

The maximum FHA-backed mortgage in Metro Detroit is $226,100.

As an incentive to move FHA-reverted houses, real estate agents may be offered bonuses for selling them. And the federal government is reaching out to cities and housing nonprofits to urge them to buy some of the unsold homes, -- anywhere from half off to just $1 -- restore and sell them to people for whom home ownership is otherwise unattainable.

Dearborn bought 60 FHA-foreclosed, derelict homes from HUD for $1 each this year, tore them down and divided the land between adjacent homeowners or combined vacant lots for new home construction, said David Norwood, the city's director of the building and safety department.

And city officials hope to buy and rehab additional homes soon.

Taylor is close to buying from HUD, for $1 each, 11 foreclosed homes that have sat unsold for six months, and has set aside $50,000 in seed money to start rehabbing them. Taylor plans to sell the houses to low- to moderate-income residents.

The HUD homes can sometimes sit longer in foreclosure than traditional loans because there are more parties involved -- the lending institution plus the government.

"We want to minimize this negative," Priebe said. "Every little bit is a start."

The news that Taylor is going to buy the foreclosed house next door to Clarence Schiller is bittersweet. Schiller, 51, has kept an eye on the house for the two years it's been vacant and tracks the nine other vacant buildings on the block that are empty.

But his house could be the next to go. Laid off from his automotive-related job in January, Schiller and his wife may lose their home to foreclosure soon. He is applying for temporary jobs in Alaska, in hopes he can make enough money to save his home.

"It's not good," Schiller said of Michigan's growing foreclosure crisis. "It's not good at all."
Derelicts a drain on area
Experts say it's key for cities and nonprofits to work on the problem because the longer a foreclosed house sits empty, the more it drains nearby property values and becomes a target for thieves and vandals.

FHA loans typically have lower interest rates than sub-prime loans and if the borrowers can't meet those payments, there is likely a broader issue at fault, such as a job loss.

"It's a signal and symptom of a bigger problem," said Pava Leyrer, a president of the Michigan Mortgage Brokers Association. "They don't have the money in general."

More money spent on financial literacy would help, particularly in schools, so that people are realistic about how much house they can afford, she said.

"For us as a nation, this is going to be one of the biggest problems we've faced since the 1930s," said Deborah Younger, executive director of the Detroit Local Initiatives Support Corp, which provides technical and financial help to housing non-profits and are working on solutions to the foreclosure problem. "The numbers are overwhelming."

You can reach Christine MacDonald at (313) 222-2396 or cmacdonald@detnews.com.

Bush Administration Hope Now Program

2007-10-24T17:38:00.001-07:00

Bush Administration Hope Now Program
Thursday, 11 October 2007

The following report in the Washington Post details the recent announcement by Treasury Secretary Henry M. Paulson Jr. and Housing and Urban Development Secretary Alphonso Jackson concerning the Bush administration efforts to address the foreclosure crisis.
Bush Officials Launch Mortgage Campaign
Responding to the rise in foreclosures, the Bush administration yesterday announced the creation of a mortgage industry coalition (see list below) to "step up efforts" to prevent people from losing their homes.
Treasury Secretary Henry M. Paulson Jr. said a broad collection of lenders, mortgage counselors, trade organizations and investors will try persuading hundreds of thousands of at-risk homeowners to seek solutions to their mortgage woes.
"The earlier a troubled borrower reaches out to explore financial options, the more likely he or she will be able to find an affordable mortgage solution," Paulson said at a news conference.
The program has enlisted at least 15 mortgage servicers and insurers, which represent more than 60 percent of the mortgages in the United States, according to the Housing Policy Council, a trade association helping coordinate the coalition.
As a key part of its effort, the alliance plans a direct mail and advertising campaign to encourage at-risk borrowers to call their mortgage servicer or a credit counselor and improve communication between servicers and nonprofit counselors to explain options.
"Of greatest importance, the alliance hopes to increase support for the use of housing counselors," Alphonso Jackson, secretary of Housing and Urban Development, said at the news conference.
In general, some key Democrats have reacted skeptically to the administration's recent efforts to address the mortgage problem. Yesterday, the reactions were mixed.
"Unfortunately, the bottom is falling out of our housing market much more quickly than the Administration is willing to act to stem the tide of foreclosures," Sen. Charles E. Schumer (D-N.Y.), a member of the Committee on Banking, Housing and Urban Affairs, said in a prepared statement.
Nadeam Elshami, a spokesman for House Speaker Nancy Pelosi (D-Calif.), said: "Today's announcement by the administration is a small step that should also serve as a wake up call for lenders to take concrete action to help families who are struggling to keep their homes."
Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, applauded the announcement.
It has been about five weeks since the Bush administration unveiled plans to change the Federal Housing Administration mortgage insurance program so more people could refinance with FHA-insured loans if they fall behind on their adjustable-rate mortgages, some of which offer low introductory rates but can rise significantly.
Last month, the Mortgage Bankers Association released a survey showing the percentage of mortgages entering foreclosure rose to a record level during a three month period ending June 30. California, Florida, Nevada and Arizona were the states hardest hit.

To view the online article, please click here.
To view the Press Release from the U.S. Treasury Dept, please click here
The following organizations have joined the coalition:

• The American Financial Services Association• The American Securitization Forum• Assurant Inc.• Bank of America• CCCS Atlanta Inc.• Citigroup Inc.• The Consumer Mortgage Coalition• Countrywide Financial Corp.• Fannie Mae• The Financial Services Roundtable• First Horizon National Corp.• Freddie Mac • GMAC ResCap• The Homeownership Preservation Foundation• The Housing Partnership Network• The Housing Policy Council• HSBC North American Holdings Inc.• JP Morgan Chase & Co.• Mortgage Bankers Association• National City• NeighborWorks America• Option One Mortgage Corp.• PMI Mortgage Insurance Co.• The Securities and Financial Markets Association• State Farm Insurance Cos. • SunTrust Mortgage Inc.• Washington Mutual Inc.• Wells Fargo & Co.

Pricing Your Home to Sell

2007-09-17T11:35:00.000-07:00

How is the asking price determined? There are many factors to consider when pricing your home. One is seller motivation. Do you have to sell quickly due to divorce, bankruptcy, pending foreclosure or other hardship? Are you looking to upgrade to a larger home for your growing family, or downsize to a smaller home now that children are grown and on their own? If you are in a hurry due to hardship, of course you will want to consider a relatively low asking price to motivate buyers. On the other hand, if there isn’t a sense of urgency to sell, then you will be able to ask more. Either way, you must do some research to determine a price range to work with.

Of course, as the seller, you want to achieve the top price, in a short amount of time, with little hassle. Don’t let yourself be taken advantage of; beware of one of the biggest traps most home sellers fall into. The average homeowner will visit several different real estate agents for advice on selling their home. The seller believes his most important question is “how much is my home worth?” The realtor quickly answers with a figure that sounds great! Whichever agent gives the highest amount must be the one who knows what he is doing and therefore the one who will get the best result. Right? So the seller lists with this agent. After a week or two, the agent tells them the market has changed and prices are falling. You must reduce your asking price to get people interested in looking at your house. This could continue until you’ve reduced your price and sold your home for less than it was really worth. Buyers also lack experience, but their agent knows to look for these listings; the ones where sellers desperately continue to reduce their asking price to get their home sold. So, who wins? The listing agent, of course! He gets paid a commission based on the selling price, while you, the seller, might see little or no profit. Don’t fall into this trap!

The asking price of your home will be based on the market value. There is no fixed price, like what you find in a supermarket or department store. Market value is driven by the laws of supply and demand. Simply put, if there are few buyers and many sellers, the market value of your home will be low. If there are many buyers and few sellers, the value increases. So, how does one know the market value of their home?

In the above scenario, ask yourself this question: How did the realtor come up with the asking price he quoted? If he answered quickly, chances are, he’s just “buying your listing.” Remember, he’s commission driven, so he’s telling you what you want to hear so you’ll allow him to list your home. A good realtor will take the time to do a CMA (Competitive Market Analysis) in order to come up with an intelligent answer to your question of how much your home is worth. The agent will take into consideration the features of your home, including number of bedrooms and bathrooms, square footage, brick or frame, the surrounding area, and other special features like built in swimming pool, sauna, updates and additions. Then he will check out homes sold in the last six months that match the criteria of your home and are located in your area. He will analyze the listed price, sold price and length of time it was on the market and homes currently on the market. This is the best way to determine the present market value of your home.

Some people choose to get an appraisal before seeing a real estate agent. This way, they have an opinion from someone who is not motivated by commission. The appraiser is paid when he produces his report, no matter what numbers he comes up with. You can also talk to others who have recently bought or sold their home. One person’s opinion isn’t enough, no matter how well they present it to you, because you aren’t sure of where or how they arrived at their asking price. When you do your research and gather the results of several different sources, you are then armed with the information you need to make an intelligent decision.

You spend a lot of time and effort sprucing up your home to impress buyers. You should also take the time to do the necessary research to determine your asking price. Remember, with most buyers, their first impression comes right from your listing. If it’s priced too high, chances are, they will not take the time to see the home.

Tips for Selling Your Home

2007-09-17T07:35:00.000-07:00

Even in today's tough market, you can improve your odds and sell your home in a reasonable amount of time while getting the price you want. Here are some important things you should do to make your home attractive to buyers and leave less room for them to negotiate down your asking price:

Remove Clutter so people see your house, not your stuff: Floors should be clear of boxes, trash, and clutter. Remove everything from the floors except necessary furniture. It also helps if the furniture in each room is in good shape and matches the room. Your potential buyer will see how accommodating each room can be if the furniture fits. Put away family photos and collectibles. Keep surfaces clear, dining table, end tables, counter-tops and floors, giving your home a more spacious look. Clean out closets so that they are only about half-full, so that there is room for more storage. Do the same with cabinets, the pantry and even inside the refrigerator. Also, give the garage and basement a good cleaning. This is very important to do, even if you need to rent storage space to accomplish this.

Do a thorough cleaning: Now that you've handled the clutter, it's time to make things sparkle and shine! Clean windows, mirrors, walls, floors & counters, ceiling fans and light fixtures. Shampoo carpets, wipe down appliances and remove magnets and notes cluttering up the refrigerator door. Be sure to clean under sinks and empty trash cans. If possible, the kitchen trash should be out of site; put it under the sink or somewhere that it isn't obvious. Remove personal items from sight in bedrooms, like photos and reading material.

Repairs & Maintenance: Take care of obvious things to give the appearance of a well cared for home. Replace drawer pulls and cabinet handles, repair leaky faucets, creaky doors, cracked windows, holes in walls and anything else that stands out. Be sure the furnace filter is clean and everything appears to have been well-maintained, not hastily cleaned up. Fresh paint gives a new and clean appearance. Use neutral colors, be sure all windows are dressed with curtains or nice blinds and update light fixtures and wall paper.

Smells and Odors: You want the home to be odor free when you're showing it. Avoid cooking things that leave behind strong odors, keep litter boxes and bird cages clean, smoke outside. Remember, you live in the home, so you are used to it, but, someone walking in off the street may be overwhelmed with strong odors. Avoid using strong, perfumy air-fresheners; buyers will wonder if you're hiding an underlying problem.

Now, let's go outside: The outside appearance is where your buyer will get his first impression, so this is very important. Lawn should be well maintained, including mowing, edging, weed control and watering. Trim trees and hedges, weed the flower beds and remove dead plants and trees. Repair cracks in the driveway, sidewalks and porches. Power wash siding, clean and seal the deck, clean and repair gutters and downspouts.

Your house should look like it's been loved and cared for; like you've enjoyed living in it. You don't want it to look like a mountain of problems that you're trying desperately to unload on someone else.

Countrywide CEO sees recession ahead

2007-08-24T07:01:00.000-07:00

Countrywide CEO sees recession ahead

By Jonathan Stempel Thu Aug 23, 5:18 PM ET

NEW YORK (Reuters) - Countrywide Financial Corp Chief Executive Angelo Mozilo said on Thursday the U.S. housing downturn is likely to lead the country into recession, but that the largest U.S. mortgage lender will survive.

In an interview, Mozilo also said that to promote liquidity, the U.S. Federal Reserve should cut the rate it charges banks to borrow.

Countrywide faced a credit shortage this month as mortgage defaults rose and capital markets tightened. On August 16, it announced an unexpected drawdown of an entire $11.5 billion credit line because it had trouble selling short-term debt.
But on Wednesday, Bank of America Corp said it would invest $2 billion in Countrywide, buying preferred securities convertible into common stock.

This eased fears about Countrywide's fate, which at least two analysts this month had said could include bankruptcy.

Mozilo called the investment a "vote of confidence" and a "priceless endorsement," but said housing and the economy were not out of the woods.
Falling home prices hurt homeowners psychologically and cause them to spend less, he said. The 68-year-old executive has worked in financial services for more than a half century.

"I've seen this movie before, and the ending of the movie always ends up in some form of recession," he said. "I can see the economy slowing down substantially enough to give the regulators, the Fed some pause in what's going to happen next."

Mozilo called on the Bush Administration and Fed Chairman Ben Bernanke to state that they will not allow the housing environment to get out of control.
Last Friday, the Fed cut the discount rate at which it lends to banks to 5.75 percent. Mozilo said it should be reduced so that it is the same as the federal funds rate, now 5.25 percent.

Others agree that more is needed.

"The Fed has cut the discount rate and added liquidity to the markets but those things aren't enough to turn the fundamental market around," said Phil Orlando, chief equity market strategist at Federated Investors in New York. He said the funds rate should be cut to 4.25 percent by year end.
GOING IT ALONE

Analysts have said Countrywide might lose mortgage market share to well-diversified commercial banks with deeper balance sheets, including Bank of America, Citigroup Inc, JPMorgan Chase & Co and Wachovia Corp.

Countrywide held a 17.4 percent market share from January to June, according to the Inside Mortgage Finance newsletter.

The Bank of America investment also raised speculation that the Charlotte, North Carolina-based company might eventually buy Countrywide, which Mozilo helped launch in 1969.

Merrill spokeswoman Carrie Gray declined to respond to Mozilo's comments, and said Bruce wasn't granting interviews.

Countrywide shares closed up 20 cents at $22.02. They have fallen 48 percent this year.
(Additional reporting by Joseph A. Giannone, Ellis Mnyandu and Dan Wilchins)

Top 5 Commercial Real Esate Firms

2007-08-24T06:37:00.000-07:00

The following information was sourced from careers-in-finance.comReal Estate:

Top 5 Firms Trammell Crow Trammell Crow Co. is one of the largest diversified commercial real estate service companies in the United States. Through its 150 offices in the United States and Canada, the Company is organized to deliver a comprehensive range of service offerings to clients which include leading multi-national corporations, institutional investors and other users of real estate services. In the area of property management, Trammell Crow offers in-house architectural, engineering, space planning, construction, and environmental services. The company reports total management responsibilities of 494 million square feet of space, spread across offices, retail, manufacturing and other commercial buildings.

Lincoln Property Lincoln Property Company was formed in 1965 for the purpose of building and operating high quality residential communities in the Southwest. We have since become one of the five largest residential and commercial firms in the nation with properties in 200 cities. Lincoln has developed over 140 million square feet of commercial space and its residential development arm includes over 140,000 multi-family residential units.

JMB Realty JMB Realty owns, develops and managers a variety of large commercial real estate properties in the United States. Included are a number of marquee properties such as Chicago's Water Tower Place. JMB also has JMB Advisory Group which provides real estate management and consulting to large institutional investors in commercial property.

CB Richard Ellis CB Richard Ellis is the largest vertically integrated commercial real estate services firm in the world. The company offers the most comprehensive portfolio of services, including property sales and leasing, property management, corporate services, investment banking, investment management, capital markets, appraisal/valuation, research and consulting. With offices in cities around the world, CB Richard Ellis combines global reach with localized knowledge. Whether a client just has one property or a portfolio of multinational locations, its offerings scale to meet individual client needs.

Cushman and Wakefield Worldwide Wants to be the world's preferred real estate provider. Cushman and Wakefield provides brokerage, advisory, lease administration and property management services to corporations and financial services firms around the world. Headquartered in tony Mid-town Manhattan, the company has over 130 offices in 40 countries. The company is controlled by Mitsubishi Estate, Ltd. Founded in New York City in 1917.

California Foreclosures Increase 20 Percent in Second Quarter of 2007

2007-07-19T06:42:00.000-07:00

California Foreclosures Increase 20 Percent in Second Quarter of 2007

Mt. Pleasant, PA - The news is mixed for foreclosures in the state of California in the second quarter of 2007, according to Default Research Inc. (www.defaultresearch.com). While Riverside County saw the largest increases in foreclosures at forty-seven percent, Ventura Country saw a decrease in foreclosures of approximately seven percent.

"We expected to see foreclosures rise slowly throughout 2007, so this is a good sign in California," said Serdar Bankaci, President/CEO of Default Research. "It is also reassuring that the foreclosure rate in Los Angeles County, one of the largest in the country, only increased by eleven percent.

The second quarter foreclosure statistics from Default Research, which are some of the most accurate in the business, seem to signal a change from the first quarter of last year when, according to the Mortgage Bankers Association, the number of foreclosures was the highest it had been in more than half a century. The Mortgage Bankers of Association numbers are high, but certainly paint an accurate portrait of the severity of the foreclosure problem in the first quarter of 2007," said Bankaci, whose companies provides foreclosure leads two to three weeks ahead of the competition. "While our numbers seem lower, I know they are accurate because each foreclosure property is counted only once."

Default Research is the national leader in real estate research. More information about Default Research can be found at its Web site: www.defaultresearch.com

Artical By Default Research, posted by QHF