Author Archives: Orville

About Orville

I am involved in Real Estate, buying houses that need work, and assisting home owners under financial pressure, and helping buyers who cannot get a bank loan, working with other Real Estate professionals to find solutions to problems.

Underwater Mortgages

A homeowner contacted me about his situation.  He and his wife were thinking of moving to a different area and a smaller house.  His payments are current, but they are underwater on the mortgage.    The house has gone down … Continue reading

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Loan Qualification and Owner Finance Alternatives

If you are house hunting, you probably know you will need to get pre-approved  for a mortgage if you are planning to get a bank loan.  It is harder than ever to qualify.  New rules on mortgages under Dodd-Frank act … Continue reading

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On Shutting Down Fannie Mae and Freddie Mac

We’ve been quiet here for some time, watching the market and analyzing trends, while adjusting to the changing investment climate. On 25 June A new bipartisan bill was introduced in the US Senate called the Title Insurance Requirement Included in … Continue reading

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Knowing Options – Making an Informed Decision

Your home has lost value, right? Owe more than what its worth? Need to sell quickly? Can’t do repairs? In our tight economy, if you have to change jobs, you may not have time to wait till your house sells. … Continue reading

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Sell Your Home in 7 Days: Creative Approaches to Current Real Estate Needs

Did you know you can sell your home in as little as 7 days?! Buying a home involves some risk.  And even selling a home involves some risk.  But there are ways to minimize and control risk. The traditional bank … Continue reading

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Working with Investors

One Real Estate blog commented that with all the Foreclosures on the market now, the best thing for property values is for an investor to buy your neighbor’s house, fix it up and sell it for top dollar. This would solve your … Continue reading

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Bank of America Strategically Forgives Many Second Lien Mortgages

Bank of America has developed quite a reputation for being hard to work with on Short Sales and foreclosure properties they are trying to sell.  They seem to be trying to clean up their act and tighten up their procedures … Continue reading

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New National Real Estate Tax?

I continue to be amazed at all the stuff people make up and circulate over the Internet as fact and statistic.  I never knew so many people were perverse and devious.  Isn’t it amazing how some people will believe anything … Continue reading

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Investors and Property Values

Home prices are stabilizing in some markets.  In some markets and in some neighborhoods, prices are still falling a bit, and in some a definite rise has begun.  Foreclosures are still occurring and increasing in some markets.  They have slowed … Continue reading

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IRA for Investing: Build your retirement faster secured with Real Estate

Did you know your IRA can invest in Real Estate instead of volatile and fragile stocks and mutual funds?  In 2009 I fist learned about this possibility, and kept it in mind as I learned more. This is a good, … Continue reading

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