REI Maverick

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Real Estate Sales Representative - 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
How long will robo-signings stall the housing market? Robo-Signings Stalling Housing Market Recovery According to a recent report by Fitch Ratings, the Robo-Signing scandal will considerably lengthen the time frame for banks clearing the inventory of distressed properties.   Fitch said correctio...
02/08/2011
Where will the Housing Market Bounce Back the Most? Housing Market Bounce Back Report - Good News! Vero Real Estate's VeroForecast ran a study recently on where the strongest housing market bounce backmay occur.  Want some good news?  The housing market bounce backreport states that 40% of major...
02/08/2011
Bank of America- Is More B of A Better? Bank of America - Foreclosure Unit Bank of America announced that it will be dividing it's mortgage business into two distinct divisions:  one division will continue issuing mortgages and the second division will be handling foreclosures & discontinued loa...
02/08/2011
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Owner financing, should you consider it? Owner FinancingPros & Cons Owner Financing | How does it work? Owner financing is when the seller agrees to sell the property in exchange for a note where the buyer promises to pay back according to the agreed upon terms and pledges the property as collat...
02/05/2011
Tax Credit 2010: How to claim it? Tax Credit 2010 If you purchased a home last year, then you may be eligible to receive the $8,000 tax credit this year.    Specifically, if you purchased between January 1 and April 30, 2010, then you may be eligible for one of the two tax credits: a first-time ...
02/04/2011
2008 Tax Credit Payback Time Tax Credit 2008 Payback Remember in 2008 when the government passed theHousing and Economic Recovery Act of 2008refundable tax credit for individuals who were qualified first-time homebuyers of a principal residence in the United States?  Well, if you purchased a hou...
02/04/2011
Higher Mortgage Fees! Mortgage Fees Increased! Yay! That's what the housing market was missing, more fees. Regardless of low interest rates, the cost of getting a mortgage is now higher thanks to Fannie Mae and Freddie Mac's higher risk mortgage fees. Higher Risk Mortgage Fees |USAToday: Borrowe...
02/04/2011
Bank Of America | Short Sale Fiasco It's been at least a day since I wrote something on Bank of America, and stories continue to come out of the woodwork about all the short sale madness surrounding them.  I read an article today in the Herald Tribune about an Australian couple that moved to Flo...
02/04/2011
Foreclosure Crisis foreclosure Crisis: What's Next for the Housing Market? Remember when the foreclosure crisis began? It was easy to blame the subprime mortgage borrowers for this foreclosure crisis for buying homes that they could not afford. The reality is that the cause for this economic dow...
02/01/2011
Is the Mortgage Assignments Program a Good Strategy? Mortgage Assignments: Building a Nest Egg for the Future Looking to begin in real estate investing?  You have 2 ways of making money:  Passive income or transactional income. The true definition of real estate investing is when you invest your...
02/01/2011
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Phill Grove

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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