Hi everyone! Thought you’d like to know what the Top Ten Searches are right now in eBay Real Estate Category. As you know, I am a firm believer in using eBay Real Estate to both buy and sell real estate. One thing to consider, is if you have any deals in the top ten searches…well then you even more so MUST use eBay real estate as millions of people online all over the world are searching YOUR area for just that – real estate in your city or state!

Click on the more button to see the TOP TEN LIST of Searches in eBay Real Estate: (more…)

OMG, I came across this ebay real estate auction recently highlighed in this press release saying “crazy realtor auctions property for a buck“. Well when I went to see his ebay real estate auction I was also shocked to see the number of prospective buyers already checking it out…over 500 buyers in less than 4 days….WOW. (more…)

There are a few key factors to consider when writing a press release for your business. Keep in mind, a press release is a great way to get traffic to your real estate business as well. I’ve seen some great press releases drive qualified buyers to ebay real estate auctions! (more…)

I came across via ‘in the public domain‘ (translation – you can copy, swipe use without any legal issues) a fantastic ad in the San Francisco Chronicle from 1909…now…

Why the heck am I looking at 1909 newspaper ads?

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Secrets to Foreclosure Investing in Real estate as revealed by Maria Gudelis, who has been featured on TV and an expert in virtual real estate investing systems and marketing to quickly sell real estate in tough down markets. (more…)

This is a rating that you assign to the property under consideration to help evaluate whether the property is a good candidate or whether you should pass it up and keep looking. A property potential assessment form is provided for your use in determining this score.

€ Determining fair market value €” fair market value compares the property you are considering to similar properties in that area. The comparable properties should be similar in location, size, and age to your subject property. Choose properties from the same subdivision and record the same information you did about your subject property. I have included a fair market valuation form on the following page for you to record this information. You can obtain comparable data from local real estate agents, the local tax assessor’s office, or possibly online from public records as described previously.

Basic property information €” Begin your analysis by collecting the following basic property information:

Property Address: ________________________________________________

City, State, Zip: __________________________________________________

Property Appointments: Sq. Ft.: __________ Year Built: __________

# of Bdrms: _______ # of Baths: _______ Carport/Garage/None (circle one)

Type of construction: Brick/Block or Frame (circle one)

Property Contact: ______________________ Phone: ____________________

Property Owner: _______________________ Phone: ____________________

Why is this property being sold? _____________________________________

Any offers? _______________ How long on the market? _________________

What do you feel are the best price and terms you can accept for a quick sale?

________________________________________________________________

What is the fair market value€ of the house? ____________________________

What is the property potential assessment score€¡? _______________________

€ Determining fair market value €” fair market value compares the property you are considering to similar properties in that area. The comparable properties should be similar in location, size, and age to your subject property. Choose properties from the same

Even though I rely a lot on my Power Team appraiser and realtor, using a system will make you successful in analyzing properties.
Once you find a property that appears to be a good candidate, you need to analyze all the data you collect to make the most informed decision about proceeding with this transaction. Collect basic information about your subject property and record it on the form on the following page. Then collect data on comparable properties in that area and record it on the fair market valuation form.

So, how do we find these homeowners in default or behind on payments? There are several ways in which to find motivated homeowners! Newspapers, ads, signs, courthouse, and attorneys, just to name a few. See, when a homeowner is delinquent on their mortgage, a legal notice, or notice of default, must be sent to the homeowner to let them know that their property will be going to auction soon. These legal notices are published weekly — sometimes daily — at the courthouse. Some counties have a website or newspaper that lists all the legal notices. When you find the notices, call up the homeowner and see if you can help them out of their situation. This is one way to find motivated sellers, because their home is going to the auction soon.

The national foreclosure statistics for 2005 are strong indicators of the wealth that awaits investors who understand defaulted notes. According to RealtyTrac„¢, the number of properties in some stage of foreclosure increased every quarter of 2005 for a year-to-year increase of 25%.
The District of Columbia experienced the largest increase (300%), followed by Massachusetts (199%), Connecticut (188%), and Michigan (170%). Even California, with its reputation for
wealth and growth saw an increase of 16%.
Will these numbers hold or even increase? It’s quite possible. Ironically, these near-historic levels have come at a time of solid economic growth, low unemployment, rising home prices,
and attractive interest rates. If any of these indicators were to turn south, the number of delinquencies would likely increase.

Homeowners in default are looking for a way out and a fresh start. Who wouldn’t want their insurmountable debt erased? But it’s foolish to assume they will beat a path to your door with
just a little prodding. Even the world’s most established products and services are aggressively marketed without end. Marketing is absolutely necessary because it works. Why else do we pay
twice as much for a bottle of name-brand aspirin?
Marketing is not a one-time event. It’s a campaign that grows and adjusts for as long as you are in business. I cannot stress enough the importance of following through on the marketing.
My mentors taught me that it is at the 3rd point of contact (letter or phone call) that you will make the sale €“ so don’t give up after sending one group of letters out to notice of default folks.

Once your marketing machine is up and running, you will
discover that persistence really does pay off . . . big! Try starting with 3 methods of marketing:

1. Put Signs up in the neighborhood you are farming simply stating “I buy houses, call xxx-xxxx now”.
2. Put an ad in the newspaper classified real estate wanted section “I buy houses, call xxx-xxxx now”
3. Send letters out to notice of default folks making it personal by hand writing the addresses and a simple 4 sentence letter saying you’d like to buy their house.