REI Maverick
This blog is dedicated to providing valuable information to the real estate professional looking for 'out of the box' solutions to today's unique real estate challenges.
RECENT BLOG POSTS
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What are hardship letters and what should they state? What to write in hardship letters Many homeowners who are behind on payments, owe more than their house is worth, and wish to avoid foreclosureare turning to an alternative way of selling their distressed property: short sales. When asking th...
02/26/2011
[caption id="attachment_2979" align="alignleft" width="150" caption="Hacked"][/caption] Life is never boring as a real estate investor! Ok, I wasn’t going to say anything, but last week my fan page was hacked and now it's becoming international news so I guess I'll address it. I was actually in V...
02/26/2011
What are the tax consequences of short sales and foreclosures for the homeowner? Tax Consequences of short sales and foreclosures on homeowners More than 1 million homes were foreclosed upon by the banks last year and that number is expected to increase in 2011 as well. In fact, 2012 is pro...
02/23/2011
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How is home ownership and owning a small business related? Home Ownership: How it affects small businesses By reducing the roles of Freddie and Fannie in the backing of home mortgages, lending will become a riskier business, qualifying will become more difficult, and home ownership will fall. T...
02/23/2011
What are short sale swaps? Short Sale Swaps: Thinking outside the box Short sale swaps are where unrelated and distant neighbors, each heavily underwater, agree to “swap” (buy) the others home through bank approved short sales. According to Michael James Donald, conditions exist for short s...
02/22/2011
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What are first time home buyers looking for? First time home buyers The following are the results of a survey from the National Board of Realtors about the buying habits of first time home buyers: 87 percent wanted a 'move-in ready' type home 78 percent wanted the home in an area convenient to...
02/21/2011
The criminal investigation of Countrywide has ended without any further investigation. Criminal investigation of Countrywide A federal official familiar with the criminal investigation of Countrywidetold The Associated Press on Friday that the probe launched in 2008 into Mozilo's actions dur...
02/21/2011
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Smaller housing designs are the wave of the future? smaller housing designs Avi Friedman, professor of Architecture at McGill, and author of the book Narrow Houses: New Directions in Efficient Design, suggests that smaller housing designs of homes less 25 feet (7.6 metres) wide are a sort of sol...
02/21/2011
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Will anyone be able to buy a house following these possible changes for home mortgages? Possible changes for home mortgagesmeans fewer mortgages With all the ballyhooed changes occurring in the financial sector and the government 'foreclosing' on Freddie and Fannie, thus dwindling their roles in...
02/21/2011
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MERS ruling: Cannot assign mortgages or foreclose on behalf of banks! MERS Ruling: No Notes For You! MERS, which stands for Mortgage Electronic Registration Systems, tracks more than 60 million mortgages and has filed thousands of foreclosure actions on behalf of lenders. However, in Judge Ro...
02/21/2011
Real Estate Resources
Phill Grove has been called the most successful residential real estate investor in post-bubble America by dozens of today’s top guru’s. He has conducted approximately $200M in real estate transactions – using non-traditional investing methods such as mortgage assignment, short sales, equity partnering, auction-options, wraps, swaps, and other methods – many of which he invented and/or pioneered for the industry.
Phill Grove is also the Founder and President of Love American Homes, and Hippie Hollow Homes, LP of Austin, Texas. These companies provide real estate services to investors and real estate agents nationally. Services include short sale transaction processing, partnering, training and mentoring, marketing services, mortgage assignment (sub-to and owner financing) assistance, and more.
Since 2003, these companies have managed over 1000 short sales, and bought, sold, and/or renovated over 100 foreclosures, renovations, and construction projects working with over 100 partners and clients.
Phill Grove has also personally trained and coached hundreds of Real Estate Investors on the "12 Ways to Buy and Sell Real Estate", as well as marketing and lead processing strategies that work, and business planning strategies needed to build a successful real estate company.
He is currently mentoring numerous students through the Love American Homes Mentoring Program.
For more information about Phill, please visit http://bit.ly/hgq4Sb