The country is in trouble and what that means there is opportunity lurking around the corner for people who want to make money. The Phoenix area unemployment rate is almost 9% and getting worse!  If you have recently lost your job, you now what I am talking about.

Have you heard about all the foreclosures that are out there in the Phoenix market? Well if you did not hear of them you must be living on another planet. Now is the time to capitalize on the other side of the foreclosure mess. The way to do that is Foreclosure Cleanup. That is when you start your own business and clean out foreclosures.

Cleaning foreclosures is a hard business but big money can be made.  The best way to start this business to to go to a company called Cleanout Foreclosures. 

You can visit the Foreclosure Cleanout web site, HERE

Foreclosed properties are here to stay for a while. There are key factors that have lead to this financial crisis.  One reason that this problem exists is thanks to Fannie and Freddie Mac. These two government entities have created this disaster. The only thing to come out of this mess is the companies that go out there and secure these vacant properties from further demise. There is one company out there that you can go to to learn how to start your own cleaning foreclosures business. This company tells you all you need to know about the foreclosure cleaning business. Clean foreclosures has all the information you need to know to start out in this business.

The next problem that this country faces is within the local communities. When a bank levies on a property the aftermath is unbelievable. The families that occupy the home must leave or be evicted.  Once the home becomes vacant that now leads to more problems.

Vagrants will occupy and trash out these properties. Once again it is up to a person willing to clean out these properties to make them livable again. This is the time to once again start a foreclosure cleaning business and make an impact on society and make a living for yourself.

Think of this as a way to capitalize. This country was built on capitalization. These banks that have these foreclosures are making money on them not losing. So say to yourself this is my time. Go out there and start a foreclosure business for yourself. There is no other feeling than being self employed. Go for it.

Want more information?  Visit this site to learn more

Lost Your Job?  Start a Foreclosure Cleaning Business

The country is in trouble and what that means there is opportunity lurking around the corner for people who want to make money. The Phoenix area unemployment rate is almost 9% and getting worse!  If you have recently lost your job, you now what I am talking about.

Have you heard about all the foreclosures that are out there in the Phoenix market? Well if you did not hear of them you must be living on another planet. Now is the time to capitalize on the other side of the foreclosure mess. The way to do that is Foreclosure Cleanup. That is when you start your own business and clean out foreclosures.

Cleaning foreclosures is a hard business but big money can be made.  The best way to start this business to to go to a company called Cleanout Foreclosures.  You can visit the Foreclosure Cleanout web site, HERE

Foreclosed properties are here to stay for a while. There are key factors that have lead to this financial crisis.  One reason that this problem exists is thanks to Fannie and Freddie Mac. These two government entities have created this disaster. The only thing to come out of this mess is the companies that go out there and secure these vacant properties from further demise. There is one company out there that you can go to to learn how to start your own cleaning foreclosures business. This company tells you all you need to know about the foreclosure cleaning business. Clean foreclosures has all the information you need to know to start out in this business.

The next problem that this country faces is within the local communities. When a bank levies on a property the aftermath is unbelievable. The families that occupy the home must leave or be evicted.  Once the home becomes vacant that now leads to more problems.

Vagrants will occupy and trash out these properties. Once again it is up to a person willing to clean out these properties to make them livable again. This is the time to once again start a foreclosure cleaning business and make an impact on society and make a living for yourself.

Think of this as a way to capitalize. This country was built on capitalization. These banks that have these foreclosures are making money on them not losing. So say to yourself this is my time. Go out there and start a foreclosure business for yourself. There is no other feeling than being self employed. Go for it.

Want more information?  Visit this site to learn more

Need Help?  Call the Phoenix Homebuyer HelpLine at (602) 291-4362

PHOENIX HOME SEARCH Listings updated hourly. Photos, maps and neighborhood information available.

VISIT:        http:www.phoenixaz-homesforsale.info

Are looking to buy Phoenix Area Real Estate? Why not do it with only $100 Down? Would you like to know what price the seller will accept?

Then, Read The Free Book!!

Learn how to profit from buying Government Foreclosures with only $100 Down….Absolutely FREE!

How do you get it?     Visit my website HERE;

To apply for a $100 Down loan , visit my site

Call our office at (602) 291-4362 to see how our SmartBuyer™ System can save you at least $50,000 when buying and financing a home.

Order the book HERE

If you watch CNBC, Fox Business or read most major metropolitan newspapers all you hear about is how horrible the Arizona Real Estate Market is doing. Plus, with the recent run up in the stock market everyone is jumping on the Wall Street bandwagon.

I am going to give you a real life example of one of the Real Estate Investors I am working with.

But is Arizona Real Estate still a good investment? Well, the market statistics show Arizona is having a really strong resurgence in the real estate market.

You can read these statistics at my past blog;

http://www.azhomebuyercoach.com/2009/09/az-foreclosure-real-estate-market-update/

Now, back to the investor. They have recently bought their third investment property this year. They have paid cash for each of them. Is this a good use of their cash?

Let’s see……Purchase price was $84,900 (paid in cash). They put a new roof on at $2500 and paid another $1,500 in closing costs and inspections. Also, the interior of the home had been completely remodeled before the sale!

So, their TOTAL cash investment is;     $88,900

They rented the house within a week at a rate of $1125 or $13,500 annual income.

That is a 15.18% Cash on Cash Return!

In addition, I have taught them how to have the tenant pay for all repairs under $250. So, they will have almost NO EXPENSE against the income!

Notice this Cash on Cash return does NOT factor in any tax breaks or future appreciation!

But, what happens if the value still goes down by 20%?  What happens if the market correction is still not over?

ABSOLUTELY NOTHING!  They are still getting their $1125 in rent and they have no plan on selling the house in the next 20 years.

That is a 15.18% Cash on Cash Return!

Would you like the same returns? Would you like to buy homes 10% to 20% below market value? Call our office at (602) 291-4362 or simply fill out your information below.

(your information will NEVER be distributed to another party)

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PHOENIX-SCOTTSDALE HOME SEARCH Listings updated hourly. Photos, maps and neighborhood information available.

VISIT:        http://idx-lite.diversesolutions.com/search/3565/41

Here is a great article from www.azcentral.com outlining some of the reasons lenders may not be foreclosing.

http://www.azcentral.com/business/realestate/articles/2009/09/05/20090905housing-foreclosures0905.html

AZ Foreclosure Notices filed are closing in on about 50,000 units. Actual foreclosures dropped by about 1,000 units from the prior month.

About 1 in 5 homes are currently being sold as “short sales” in Maricopa County.  This means lenders are starting to take that process seriously and bodes well for homeowners.

If you are “upside down” on your mortgage, need help in understanding your options if you are behind on your payments or need to discuss a short sale, please call my office at (602) 291-4362.

Download a Graph of foreclosure filings through July of 2009 by viewing this link.

About This Program:

If you’re looking for a great deal when you buy your new home, you should look at HUD homes.  They have a program that allows you to buy a HUD home with only $100 down.  You will be required to put up some earnest money, but it will be refunded at closing if you get an FHA loan and your offer is accepted.

For homes below $50,000 the deposit is $500 and for homes over $50,000 the deposit is $1,000.  HUD pays up to 3% of your closing costs which usually is enough to cover them.  Normally an FHA loan requires 5% down, but with this special program, you only need to put down $100.   Talk about saving some money!!!

What the heck is a HUD Home?

Also known as HUD, the U.S. Department of Housing and Urban Development was established in 1965 to develop national policies and programs to address housing needs in the U.S. One of HUD’s primary missions is to create a suitable living environment for all Americans by developing and improving the country’s communities and enforcing fair housing laws

HUD helps people by administering a variety of programs that develop and support affordable housing. Specifically, HUD plays a large role in homeownership by making loans available for lower- and moderate-income families through its FHA mortgage insurance program and its HUD Homes program. HUD owns homes (acquired through foreclosure) in many communities throughout the U.S. and offers them for sale within certain guidelines and requirements. HUD also seeks to protect consumers through education, Fair Housing Laws, and housing rehabilitation initiatives.

Now an agency within HUD, the Federal Housing Administration was established in 1934 to advance opportunities for Americans to own homes. By providing private lenders with mortgage insurance, the FHA gives them the security they need to lend to first-time buyers who might not be able to qualify for conventional loans. The FHA has helped more than 26 million Americans buy a home.

The FHA works to make homeownership a possibility for more Americans. With the FHA, you don’t need perfect credit or a high-paying job to qualify for a loan. The FHA also makes loans more accessible by requiring smaller down payments than conventional loans. In fact, a FHA down payment could be as little as a few months rent. And your monthly payments may not be much more than rent.

Lender claims paid by the FHA mortgage insurance program are drawn from the Mutual Mortgage Insurance fund. This fund is made up of premiums paid by FHA-insured loan borrowers. No tax dollars are used to fund the program.

A HUD home is one that had an FHA-insured mortgage which has gone into foreclosure.  HUD pays off the bank and then puts the property up for sale to get some of their money back.  The price is set from a recent AS-IS appraisal, which is the price the house would most likely sell for in today’s market in its current condition.

So how do HUD homes get sold?

The house is sold through an auction process where all the bids are sealed.  To qualify for the $100 down program, the offer must be for the full sale amount and the bid will go to the buyer with the highest offer.

And who gets to buy a HUD Home?

Anyone who qualifies can buy a HUD home.  Initially, bidding is only open to owner occupied buyers; however, if no bid has been made after a period of 10 days, properties are made available to all buyers, including investors.

So how do I buy a HUD home?

Buying a HUD home is a lot different than buying a regular house.  For a conventional purchase, usually you write up an offer, the seller looks at it and then accepts it or makes a counter offer.  As stated before, HUD homes are sold through an auction.  You can bid anything you want, but the home usually goes to the highest bidder and if you want to take advantage of the $100 down program, you must offer full price.

Most importantly, call my office at (602) 291-4362 to discuss your options.

Watch for Part #2 of this blog post in the next few days.

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There was hardly any volume in the financial markets today. Treasuries, MBSs and the stock market saw no real volume as the summer doldrums continue. Tomorrow we expect volume levels to be even thinner. The rate markets did manage more improvement today mostly coming this afternoon. The technicals for MBSs and treasuries continue to be positive for the outlook in the next few weeks, but rates still have dependency on how the equity markets trade. Lots of talk today about why the stock market continues to climb up while most market participants are scratching heads wondering why the anticipated correction hasn’t occurred. We submit it because everyone expects it, markets at times refuse to follow instructions.