Ted Cowan's (tcowan17) Blog

If you’re going to be a short sale investor, at some point you may have to respond to someone who thinks that real estate investors are all shady little shysters who are only trying to snatch people’s homes and head for the hills. How do you position yourself as a responsible professional and not...

Wouldn’t it be great if all the properties you wanted to buy only had one lien on them, one owner on the title, a five-minute title search, and immediate insurability? If only the real estate business were that easy... If you’re new to real estate investing, the title to a parcel of real property...

If you’ve done any rehab work, then you know that no matter how good you think you are at getting the cost of repairs correct, the odds are against you. You either have a pretty house, you get lucky, or you already know the secret to making good estimates. Underestimating the cost of repairs is a...

Looking at all the ups and downs that we have seen in the 21st century so far, it is easy to see that the mortgage industry has become a little unstable. Moving forward and stabilizing the market is going to be a balancing act between implementing sound business practices, helping more Americans ...

Going through a foreclosure is a little more than putting up with the bank’s legal action, getting help with a short sale, and moving out of the house. Like any other mess, this one will leave a certain amount of cleanup that has to be done. After the homeowner learns what might happen to their d...

I don’t care how much education you’ve had. When you’re first getting started in real estate investing, you realize pretty quickly how much you don’t know. You’re probably going to spend a lot of time telling yourself, “Boy, I wish I had known this before I got myself into that.” Unfortunately, r...

When is a debt not a debt? It depends on where you live. The great thing about the Constitution is that it allows the individual states to make their own rules about many things, and one of those things happens to be the foreclosure on a piece of property. Unfortunately, this also means that ther...

I don’t have to tell most of you that title companies are nervous about closing two transactions involving the same property on the same day. Real estate investors can have a real juggling act on their hands when they’re trying to quick-turn a short sale, except it’s the title company who has to ...

Did you ever try to explain a legal term to someone while watching their eyes glaze over in confusion? It’s a pretty interesting sight, and you may see it a lot when you talk to homeowners who are worried about the effects that a foreclosure will have on their finances. To continue, click here.

There are few things more stressful than finding out that you’re about to lose your house. Cash flow is tight, bill collectors are blowing up your phone, unhappy family members might be pointing fingers, and you’re in enough hot water without having to find a new place to live, too. All you can t...