Harry's Blog

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Real Estate Agent - Southland Realtors
How accurate are the TV shows showing how easy it is to flip houses and foreclosures.
RECENT BLOG POSTS
 With all the news today about how tight future mortgage lending is going to be, and how borrowers with less than perfect credit will find it difficult to impossible to get a mortgage; an interesting sidenote to this story is starting to emerge. Being somewhat over a barrel, banks are more and mo...
08/11/2007
As I'm sure everyone in the Real Estate industry is aware of by now, mortgage loans for credit challenged customers are going to affect our business plans. As a Realtor, this is going to reduce the number of potential clients I am going to be able to assist in closing on a house sale. But this co...
08/07/2007
It always amazes me how the news shows and reporters make out how easy it is to sell your home yourself and save all that money that your not paying out in sales commissions. Granted, I am a Realtor so I expect a certain amount of scepticism from the public because I do have a dog in the fight. B...
07/14/2007
 One aspect I have not touched on in this blog lately is financing. For the more seasoned and experienced investors of foreclosures, a lot of the time they can buy with cash. That also makes them more attractive to the banks who are trying to unload these homes as fast as possible. But what about...
07/13/2007
I saw an article recently about a homeowner attempting to remodel her own bathroom. She had tackled other smaller tasks around the house but very much over estimated her ability to take on a project of this magnitude. By the time a plumber had corrected the problems, her budget for the project wa...
07/07/2007
In a followup to a previous post about whether one should flip a house after the rehap, or rent it out, there were a few great comments from fellow bloggers. One fellow realtor from Charlotte addressed the fact that some neighborhoods may be in a price range such that renting is not as likely a s...
06/29/2007
With the recent news that the nation's subprime lenders are going out of business because of skyrocketing foreclosure rates, this should create a great opportunity for investors looking for deals on distressed real estate. This should apply to all areas of the country to varying degrees. This cou...
06/27/2007
There are generally 2 kinds of investors when it comes to the foreclosure market. There are the types that are strictly flippers; they want to buy low - put minimal materials and labor into the house - then sell it and cash out. Then there are the landlords; they want to put about the same effort...
06/26/2007
With all the real estate shows on TV these days, especially those that deal in flipping houses, everybody wants to get into the business. It seems so easy to splash some paint on the walls, clean up the yard, steam the carpet, and you can have a 1 month turn from buying to selling and make thousa...
06/17/2007
For the average lay person or beginning investor, a common question I get a lot is how does one find foreclosure properties in the first place. The most used approach is driving around neighborhoods looking for the tell-tell signs. An over stuffed mailbox, a pile of newspapers on the porch, an ov...
05/11/2007
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Harry White

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Information on buying foreclosure properties.