How To Make Money Buying and Selling Mortgage Notes in St. Joseph

Did you know you could purchase other peoples mortgage notes, or promise to pay, through the secondary mortgage market? In this post, we will discuss how you can make money buying and selling mortgage notes in St. Joseph . Banks, or mortgage originators, often bundle mortgage notes and sell them, the transaction is fairly complicated, … Continued

Short Sale vs Foreclosure – What’s the Difference in St. Joseph ?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In St. Joseph , Missouri? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If … Continued

5 Ways To Know A St. Joseph Property Will Be A Bad Investment

Earning dependable passive income through your property investment is the mark of success. In order to be passive, this means very little to none of your time is spent performing daily tasks to earn the income. When you’re investing in property there are 5 ways to know a St. Joseph property will be a bad … Continued

6 Things You Should Do To Successfully Flip Houses in St. Joseph

Flipping real estate is a growing form of investment. There is something alluring to purchasing property, renovating it, selling the property for a nice profit, and making enough from the sale to more than cover renovation expenses. You’ve set a budget and have a business plan and you’re ready to invest in a property… you … Continued

5 Ways Foreclosure Will Impact You in St. Joseph

Facing foreclosure? Foreclosures will affect you for many years to come and can leave your life in ruins, although you may still have time to handle this situation. When you learn the time frame and the different steps of foreclosure and compare that with what letters or other communication from your lender, this will determine … Continued

4 Things To Know About Selling Your Distressed Property in St. Joseph

One option a homeowner has available as a resolution to at least partly cover remaining debts in this situation is selling the home directly. Listing your home for sale can be burdensome, many owners of distressed properties find themselves feeling overwhelmed by the process. If facing the decision of selling your distressed property in St. … Continued