Real Estate – real estate agent

D GeN-X asked: Massive fraud were committed in the real estate industry during the boom, but very few went to jail. There were a lot of stories how real estate agents, brokers, lenders falsifies documents to get loans, etc. Overall, very few people got prosecuted and went to jail.Jesse

Steven Gillman asked: How much real estate math do you need to know if you are investing in real estate? There are computers and calculators for calculating interest rates or amortizing loans. What you need to know is a few simple formulas for determining if a property is a good investment or not.The Real Estate [...]

Celeste or DevonZ asked: I was rejected a credit card for that specific reason. I don’t own real estate, nor does the credit reporting agency who’s information was used by the bank to see if my credit was good enough have anything about “real estate” in their report. Please let me know if anyone has [...]

Mark Walters asked: Deeds are simply documents that transfer title from one person to another. There aare many different types of deed, but basicly they just transfer title.Let’s talk about a “quit claim deed”.A quit claim deed is a type of deed where a person (grantor) with an ownership interest in a property transfers that [...]

Jeanette Joy Fisher asked: Flipping through late-night infomercials recently, I saw two real estate get-rich quick schemes, and I couldn’t help but wonder–why do people still fall for those old scams? Has anyone really talked a seller out of his home for no money down with owner financing lately?Real estate infomercials do great harm to [...]

Jamie Gram asked: Real estate owned properties are those whose ownership is still held by the bank (or other real estate lender), in the aftermath of an unsuccessful foreclosure auction.Normally, when bankers and other lenders lent for real estate development purposes, they get the property they are financing as ‘security’ for their loans. This is [...]

Daydreamer asked: Hi, I’m interested in becomming a real estate developer. I have the funding so loans are not a problem. I am not willing to get a degree in it because I honestly feel I will not need it. Plus, I am almost done with a degree in Psychology. I have looked online for [...]

Mic B asked: I am planning to start a real estate investment partnership with friends, just wondering, when applying for loans on properties how would we go about providing income information?RAY