Ted Cowan's (tcowan17) Blog

When attempting a short sale what usually gets lost among the details of the process, the endless bank delays, and the endless moving parts, are the intense emotions. When I was full time in the field, visiting two to three houses a day and making offers on at least three houses per week, seeing ...

Investors and real estate agents have often found themselves in two different camps.  The issue comes down to one side's perspective that other is filled with dishonest and disreputable people who perpetrate fraud. Can you guess which side? I'm not going to argue against this suppostion, after al...

A major issue in back-to-back short sale transactions has been transparency.  Another issue is that these types of transactions involve several moving parts that are confounding to those individuals used to doing traditional, linear transactions. Click here to continue.

A major issue in back-to-back short sale transactions has been transparency.  Another issue is that these types of transactions involve several moving parts that are confounding to those individuals used to doing traditional, linear transactions. Click here to continue.

From a real estate investor perspective, you don’t have much of a business if you don’t have a well-developed buyers list. For those of you who have a solid list, hopefully you’re putting it to good use. If you’re like me when I started out years ago, I’d spend money and time building a great lis...

This Week’s Topics:   Fannie Mae Looking for More Money Delayed Evictions Let Many Live for Free Homeowner Tax Credit Not Helping Home Sales Five Factors That Will Impact the Future of Housing Top Ten Cities with the Biggest Rent Drops Vacant Second Homes Means More to Sell Rentals Mean Long-Term...

Over the years, I have found 9 mistakes that new short sale investors make, and this is one of them. When a new deal comes around, they don’t plan for multiple exit strategies. Why are you buying this piece of property? What’s your plan B in case your original idea doesn’t work? Shouldn’t you hav...

All real estate investors need to pay careful attention to the information below and take action today. HUD guidelines propose to eliminate all seller financing unless the seller lives in the home or becomes a licensed mortgage originator. The deadline to comment on the proposed SAFE Mortgage Lic...

How many people do you know who are in foreclosure? Do they understand what’s going to happen and what to do about it, or are they still in panic mode? You could think of the foreclosure process as a conversation between a lender, a homeowner, and a real estate professional. The discussion is abo...

Question: What’s a great way for a real estate investor to get sued? Answer: Let a homeowner believe you can always make a foreclosure go away. Forget “location, location, location” for a minute. The buzzword for the day is “disclosure, disclosure, disclosure”. If you’re in real estate, you know ...