“Distressed property” is by definition a piece of real estate that is under duress or is in some way becomes a nonperforming asset.
There is a timeline and reference point that is indicative to how much stress a piece of property has.
This article addresses this concept of when payments are missed and property owners head down […]
Entries Tagged as 'Exit Strategies'
Lifecycle of a Distressed Property - From Default To REO Sale
May 5th, 2008 · No Comments · Bulk REO Properties, Daily Musings, Exit Strategies, Foreclosure, Foreclosure Resources, REO
Tags:Bulk REO Properties·distressed property·Foreclosure·real estate·real estate investing
Workout Specialist - What’s In A Name?
January 17th, 2008 · 2 Comments · Daily Musings, Exit Strategies, Foreclosure, Foreclosure News, Foreclosure Resources, Mortgage, Workout Specialists
With the tsunami of foreclosures closing in on lending institutions, there is a growing need for workout specialists. The need is so apparent that in some parts of the country, workout specialists have coined their own title as elite members of “The Mod Squad”.
These individuals have a singular purpose:
Their objective is to minimize bank losses. […]
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Real Estate Values Dropping, A Readjustment of our Values
January 16th, 2008 · No Comments · Daily Musings, Exit Strategies, Foreclosure, Foreclosure Market, Foreclosure News, Foreclosure Resources, Real Estate Downturn, Workout Specialists
With Real Estate Values Dropping, A Readjustment of our Values.
Reluctantly…
I attribute our current downturn in real estate values and the surge of foreclosures to short-sightedness and a pinch of “greediness”.
Overly zealous developers, catching the wave, continued to develop without consideration to future demand.
Municipalities approved subdivisions after subdivisions because it was good for the tax base, […]
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Exiting a Down-turning Real Estate Market, Deferring the Tax or Leaving a Legacy
December 14th, 2007 · No Comments · Capital Gains Tax, Charitable Remainder Trust, Exit Strategies, Real Estate Downturn, Real Estate Market
Here we go again.
What goes up, must come down. The roller coaster ride is not over.
With the downward turning real estate market ahead of us, the million dollar question is how do I sell my property with falling real estate values?
Falling from what?
Are we talking about falling from a reasonable return on your real estate […]
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