Damon Redmond's (dredmond) Blog

2010 is the time to shine!!   Real Estate professionals if you are still in the real estate industry, I want to thank you for your persistence and hard work. I have had one of the most challenging years the past 36 months and i have had every reason to leave the business. But when you are so pass...

When it comes to investing in real estate, you must have a psychological approach to making decisions on what to buy and what not to buy. If there was ever a time in history where the importance of smart decision making with investments would change your life it is now. People who don't know how ...

Now is the time to buy real estate for cheap, fix it up, rent it out and manage it until the real estate market returns. How do you do this? Well here are my top recommendations for the team that you will need to achieve this goal. 1. Real Estate Agent - One with experience in the real estate bus...

What is a better deal? Buying an REO or a short sale? I think that buying an REO property is much better than a short sale because you are dealing directly with the seller/bank and they are eager to sell the property fast. I am working on a short sale now and it has been over 4 months of going ba...

So now that Fannie/Freddie have been taken over by "Big Brother", what is going to happen next? Is this move by the government supposed to fix the housing problem? This has been on the news for the last few days and I wanted to put my feelings into it. Does the average consumer really know who an...

The American dream is to have full ownership of your primary residence, paid free and clear AND to acquire more real estate as investments and do the same. To obtain this you must learn the laws of money and how it can work for you. Now is the time to buy. If you are not credit worthy or dont hav...

Is real estate still a good investment? People always ask me this question and I always give them the same answer. YES!!! I will say it again. YES! More wealth is accumulated in this country through real estate acquisition, renovation and rental income than ANY other industry. People, wake up! Th...

Are you having deals fall apart left and right? Did you just check your voicemail and the buyers attorney left you a message stating that the closing scheduled for Friday has been CANCELLED because when the buyers did the final walk-thru he noticed that ALL the copper pipes have been stolen?I'm s...

Now is the best time to buy!!! Real Estate Investors have been waiting for this moment for over 7 years and now they are going to benefit from this unique buyers market. What makes this buyers market so unique? Here are 3 reasons why:1. Interest Rates are still at historic low's2. Inventory level...

For all those real estate professionals out there please be aware of the importance of title insurance. Customers should have the option to choose whomever they want to provide the title services for their purchase. Now most title companies do not advertise directly to the homeowner, but you as t...