On today’s podcast episode, I talk about the opportunity that will be created as a result of the ending of the foreclosure moratorium. The Foreclosure Moratorium ended in September 2021, however the CDC recommended that banks not pursue homeowners in foreclosure until the end of the 2021. Most banks waited until the end of last...
Every investor is looking for houses at a discount (wholesale deals). I define a wholesale deal as a house that can be purchased for no more than 65% of its After Repair Value or retail price. As an example, if a house is worth $200,000 retail, then a wholesale deal would be buying that...
In this video, I am talking about the upcoming Bank Owned Properties, Foreclosures & Short Sales Boot Camp. You can find out more information about this event by visiting this link: https://www.lexlevinrad.com/foreclosures-bank-owned-properties-boot-camp/ I believe that with the expiration of the Federal Eviction Moratorium and the Foreclosure Moratorium, that homeowners that have not paid their...
On today’s podcast episode, I talk about investing in foreclosures, short sales, and bank owned properties. The Federal Eviction Moratorium and the Foreclosure Moratorium both recently expired (as of September 2021). Current government guidelines recommend that banks and mortgage servicers try to “work out” and negotiate with homeowners that are delinquent on their mortgage. Banks...