FHA Anti-flipping waiver extended to December 31, 2012. 

WASHINGTON – Jan. 2, 2012 – In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration Commissioner Carol J. Galante today extended a temporary waiver of FHA’s anti-flipping regulations through 2012. Read FHA’s anti-flipping waiver.  Click here for the rest of the article "FHA Anti-flipping waiver...."

 

Click here to read the Federal register regarding the FHA extension

 

Property Management at Main Street Properties, Inc. 

 

Search for Multi-Family Properties for Sale in the Pensacola area including Pensacola Beach, Gulf Breeze, Milton, Pace and Cantonment Florida.

             Multi-Family up to $100,000

             Multi-Family $100,001 to $200,000

           Multi-Family above $200,000

 

DECEMBER 2011

“US home prices rose in the third quarter of 2011.”

—FHFA


“The overall market stability in this month’s report gives me hope that housing markets are settling after a very turbulent two years.”

—Dr. Alex Villacorta, Clear Capital

 

“Low home prices and strong demand for rental properties are causing a surge in investor buying.”

—Housing Pulse

 

“A combination of low home prices and growing demand for rental units make purchasing damaged Real Estate Owned (REO), fixing up the properties, and then collecting monthly rents, an attractive financial play.”

—Housing Pulse

 

Certified Investment Agent Specialist™ 

For decades, investing in real estate has proven to be a consistent and stable way for individuals to build wealth. Real estate investment supports a number of industries, including construction, retail and professional services, and is a strong way to energize and increase investment in our local economy.  Additionally real estate investing is a way for you the investor to create a permanent legacy.

Over the past 12 months, investment and second-home properties comprised more than $300 billion in sales, representing approximately 27 percent of all residential real estate transactions. In addition, in market condi­tions affected by mortgage industry challenges, 48 percent of investors made all-cash purchases.

As markets face the challenges of distressed properties and a difficult economy, real estate investors have the opportunity to find productive deals while helping communities stabilize.  Investors provide much needed liquidity to the market, decrease vacancy rates, improve neighborhoods, and present solutions for homeowners who need to sell.

With the CIAS Designation training I will help you build wealth through real estate investment, and homeowners facing foreclosure find potential buyers for their properties.

Today, millions of homeowners are either delinquent on their mortgages or in the foreclosure process. One potential solution for homeowners in this situation is a short sale, in which the lien holder accepts a sale price of the home that is less than the mortgage amount owed. Increasingly, real estate investors are facilitating this solution.

When it comes to properties that actually end up in foreclosure,up to 30 percent of them can’t close conventionally. Investors are often the only ones who can buy them.

Interested in investing please contact me at JackLara58@gmail.com