Real Estate News - The Red Wagon Team

Real Estate News

BiggerPockets.com Real Estate Investing Articles
10 Questions on Hard Money Loans	2/28/2008 9:36 AM
Do you know anything about Hard Money Loans? This article answers in 10 questions enough to give anyone an idea on how Hard Money Loans work.
First Time Real Estate Investing - The Contract Phase	2/28/2008 8:28 AM
If you are averse to paper work, formal agreements and legalese, get over it. You cant avoid it and its vitally important. Find out more about the contract phase of real estate investing.
Finding Foreclosure and Pre-Foreclosure Listings	8/31/2006 4:18 AM
There are several basic methods that you can use to find foreclosures or pre-foreclosures. We've outlined 5 ways to find foreclosure properties.
The Foreclosure Process: Understanding Foreclosures	8/31/2006 4:04 AM
A foreclosure occurs when a property owner cannot make principal and/or interest payments on his/her loan, typically leading to the property being seized and sold. Learn about the entire foreclosure process.
Five Critical Mistakes Private Mortgage Investors Make	6/14/2006 2:13 AM
The five critical mistakes listed here are certainly not the only mistakes private mortgage investors make, but they are common mistakes that are repeated over and over until a hard lesson is learned. Avoid these critical mistakes and you will be a much better private mortgage investor.
10 Questions to Ask a Remodeling Contractor	4/2/2006 11:22 PM
Thought about hiring a contractor? Asking these questions will give you a good idea if someone is worth hiring or not. All newbies should read this before working with contractor on a remodel.
What is the real Net Operating Income?	3/19/2006 8:22 PM
The net operating income number is the key number in multifamily investments. This number is used to determine value, profitability, and overall strength of the multifamily unit . . .
Wholesaling A Strategy for Real Estate Investors	1/1/0001 12:00 AM
What is Wholesaling? It is simply finding a bargain property and passing it on to a bargain hunter. That bargain hunter will be an investor who will either purchase the property to resell it or purchase it to hold it for rental income. . .
Buying Pre-Foreclosures	1/1/0001 12:00 AM
Buying properties in pre-foreclosure can be the most profitable segment of a real estate entrepreneurs business! Unfortunately, it is the most misunderstood.
Secrets to Finding Motivated Sellers and Negotiating Creative Deals	1/1/0001 12:00 AM
When you talk to a motivated seller, what do you say? What do you write in a marketing letter to find creative real estate deals? How do you negotiate creative real estate terms for your deals? Find out how . . .

WSJ.com: Real Estate
As Dues Dry Up, The Neighbors Pay	5/13/2008 8:23 AM
Neighborhood associations are grappling with shrunken budgets as residents lose their homes to foreclosure and building slows. As a result, associations are raising fees or putting the brakes on improvements and amenities.
Beazer Restates Results for 9 Years	5/12/2008 10:09 PM
Beazer restated financial results over nine years, removing one of several clouds hanging over the home builder.
A Couple's Descent Into Foreclosure	5/11/2008 4:54 PM
Tracing one Vallejo, Calif., couple's descent into foreclosure and bankruptcy.
Democrats Face Rescue Backlash	5/12/2008 6:17 PM
Democrats are risking a backlash over efforts by Congress to rescue homeowners who can't afford their mortgages. The White House and most Republicans say this amounts to using taxpayer money to reward bad behavior.
Bonds Tied to Mortgages Have Hope	5/9/2008 7:57 PM
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
Fannie to Aid Underwater Loans	5/9/2008 5:14 PM
Fannie Mae is preparing a program of refinancing mortgages for people who owe more than the current value of their homes. The plan is the latest twist in efforts to contain the surge in foreclosures in much of the U.S.
Russia's Abramovich Buys Colorado Ranch	5/8/2008 9:59 PM
Russian oil magnate Roman Abramovich has bought a Colorado ranch for $36.3 million … Baseball great Henry "Hank" Aaron has listed his West Palm Beach, Fla., home that borders a golf course for $900,000 … plus more. Photos
How to Find Foreign Home Buyers	5/8/2008 8:46 PM
June Fletcher explains how to find real-estate agents who focus on foreign buyers – critical now as these home hunters see U.S. properties as bargains.
For Mortgages Underwater, Help Swims In	5/9/2008 6:35 AM
A small fish with a healthy appetite for mosquito larvae is being pressed into service in California, Arizona, Florida and other areas struggling with foreclosures. The problem: swimming pools of abandoned homes have turned into breeding grounds.
House Passes Homeowner Aid	5/8/2008 10:03 PM
The House passed a package of measures aimed at tackling the housing crisis, but bickering signaled turbulence ahead for the legislation.
Mortgage Firms Cool to Principal-Cut Plan	5/9/2008 12:42 AM
A major provision of the housing-market legislation passed by the House Thursday might not help as many borrowers as some expect, trade groups that represent mortgage companies say.
Real-Estate Drop Has a Green Lining	5/8/2008 10:21 PM
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.
Bonds Tied to Mortgages Have Hope	5/9/2008 7:57 PM
Maybe there's a way to thrive in the howling wasteland that is the home-loan market. Bonds backed by mortgages look like a buying opportunity, assuming a new spate of defaults doesn't send their prices tumbling again.
Property Mogul Poised to Fall Again	5/9/2008 7:27 AM
Ian Bruce Eichner is on the verge of losing control of his Las Vegas casino-resort project -- 16 years after a similar loss in Times Square. His roller-coaster track record shows that in commercial real estate, failure on an epic scale need not be a career killer.
Real-Estate Drop Has a Green Lining	5/8/2008 10:21 PM
Developers are dropping plans to build on some choice pieces of land and instead are selling it for such uses as public parks and nature preserves.
Wachovia's Big-Loan Executive Is Leaving	5/7/2008 7:03 AM
Wachovia's Robert Verrone, known for his deal making, is expected to leave. The bank's first-quarter loss will widen due to new write-downs.