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	<title>Real Estate, Investment, Finance &#187; Bargain Real Estate</title>
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	<link>http://www.reiblog.org</link>
	<description>Real Estate, Investment, Finance</description>
	<pubDate>Wed, 03 Sep 2008 18:03:53 +0000</pubDate>
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		<title>How Do I Find Property Up for Auction?</title>
		<link>http://www.reiblog.org/2008/07/15/how-do-i-find-property-up-for-auction/</link>
		<comments>http://www.reiblog.org/2008/07/15/how-do-i-find-property-up-for-auction/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 16:57:24 +0000</pubDate>
		<dc:creator>Angela</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/?p=1512</guid>
		<description><![CDATA[To find out which properties are going up for auction, you should read the local legal newspaper in which these auctions are advertised. Alternatively, most counties maintain a service that picks up such notices and mails you a list of them. Sometimes, however, this service tends to be expensive.
Finding out about the sales is therefore [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/07/15/how-do-i-find-property-up-for-auction/feed/</wfw:commentRss>
		</item>
		<item>
		<title>How To Buy At Foreclosure Auctions</title>
		<link>http://www.reiblog.org/2008/07/07/how-to-buy-at-foreclosure-auctions/</link>
		<comments>http://www.reiblog.org/2008/07/07/how-to-buy-at-foreclosure-auctions/#comments</comments>
		<pubDate>Mon, 07 Jul 2008 22:06:11 +0000</pubDate>
		<dc:creator>Angela</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/?p=1511</guid>
		<description><![CDATA[It&#8217;s what people always think of when foreclosures are mentioned. The auctioneer, the gavel, the bidders, and the frenzy of pushing up the price. It&#8217;s usually not as dramatic as that, but there&#8217;s no question that auctions are the glamour area of foreclosures. It&#8217;s here that properties go to the highest bidder. It&#8217;s also here [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/07/07/how-to-buy-at-foreclosure-auctions/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Private Individual&#8217;s REOs</title>
		<link>http://www.reiblog.org/2008/07/03/private-individuals-reos/</link>
		<comments>http://www.reiblog.org/2008/07/03/private-individuals-reos/#comments</comments>
		<pubDate>Thu, 03 Jul 2008 23:58:51 +0000</pubDate>
		<dc:creator>Angela</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/?p=1510</guid>
		<description><![CDATA[A Private Headache
There are many individuals who become involved in real estate repossessions unexpectedly and in an unwanted fashion. For example, Fred took back a second mortgage for $10,000 on his house 3 years ago. He thought he was through with the property.
But when it came time for the buyer to pay off the balloon [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/07/03/private-individuals-reos/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Where Can I Find Out about IRS Properties?</title>
		<link>http://www.reiblog.org/2008/06/30/where-can-i-find-out-about-irs-properties/</link>
		<comments>http://www.reiblog.org/2008/06/30/where-can-i-find-out-about-irs-properties/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 19:03:31 +0000</pubDate>
		<dc:creator>Angela</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/?p=1509</guid>
		<description><![CDATA[The IRS lists property it has seized and is offering for sale on its Web site.
Generally, there are fewer than 100 properties at any given time, and they are scattered across the country. The terms for each piece vary, but the IRS usually wants a 20 percent deposit with your bid and all cash at [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/06/30/where-can-i-find-out-about-irs-properties/feed/</wfw:commentRss>
		</item>
		<item>
		<title>GSA Auctions</title>
		<link>http://www.reiblog.org/2008/06/23/gsa-auctions/</link>
		<comments>http://www.reiblog.org/2008/06/23/gsa-auctions/#comments</comments>
		<pubDate>Mon, 23 Jun 2008 22:24:35 +0000</pubDate>
		<dc:creator>boored</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/?p=1508</guid>
		<description><![CDATA[The General Services Administration (GSA) sells surplus real estate owned by the government. This property is acquired from a wide variety of sources. Some comes from the Internal Revenue Service (IRS), which acquires property from people who don&#8217;t pay their federal income taxes. Other properties come from other agencies of the federal government. The Property [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/06/23/gsa-auctions/feed/</wfw:commentRss>
		</item>
		<item>
		<title>making cash flow even/positive</title>
		<link>http://www.reiblog.org/2008/06/08/making-cash-flow-evenpositive/</link>
		<comments>http://www.reiblog.org/2008/06/08/making-cash-flow-evenpositive/#comments</comments>
		<pubDate>Sun, 08 Jun 2008 05:03:57 +0000</pubDate>
		<dc:creator>boored</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/06/08/making-cash-flow-evenpositive/</guid>
		<description><![CDATA[making cash flow even/positive
Monthly rental income >= P.I.T.I.H.
My break-even point is *even* cash flow. The way I see it is that I can own a sharply discounted properties with nearly 100% bank financing. The rental income is even with P.I.T.I.H (principal, interest, tax, insurance and HOA fee). My cost is literally zero in owning this [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/06/08/making-cash-flow-evenpositive/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Analysis of REO market and bidding</title>
		<link>http://www.reiblog.org/2008/06/08/analysis-of-reo-market-and-bidding/</link>
		<comments>http://www.reiblog.org/2008/06/08/analysis-of-reo-market-and-bidding/#comments</comments>
		<pubDate>Sun, 08 Jun 2008 04:27:23 +0000</pubDate>
		<dc:creator>Cadman</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/06/08/analysis-of-reo-market-and-bidding/</guid>
		<description><![CDATA[REOs with over-corrected pricing are located in working class or lower income neigbhorhoods. They are not necessarily crime-ridden or dilapidated areas. Before the subprime crisis, these places used to have median prices around 300K range. Now, banks put up fire-sales and depressed prices to 100K and below. We are presented with a rare profit opportunity [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/06/08/analysis-of-reo-market-and-bidding/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Fannie Mae and Freddie Mac REOs</title>
		<link>http://www.reiblog.org/2008/05/21/fannie-mae-and-freddie-mac-reos/</link>
		<comments>http://www.reiblog.org/2008/05/21/fannie-mae-and-freddie-mac-reos/#comments</comments>
		<pubDate>Wed, 21 May 2008 23:46:15 +0000</pubDate>
		<dc:creator>boored</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/05/21/fannie-mae-and-freddie-mac-reos/</guid>
		<description><![CDATA[Although real estate mortgages are funded through banks, mortgage bankers, and their financial lending institutions, in most cases the money actually comes from two giant secondary lenders: Fannie Mae and Freddie Mac.
These are quasi-public organizations that create a secondary market for residential real estate loans. This means that when a bank creates a mortgage, it [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/05/21/fannie-mae-and-freddie-mac-reos/feed/</wfw:commentRss>
		</item>
		<item>
		<title>VA Repos</title>
		<link>http://www.reiblog.org/2008/05/06/va-repos/</link>
		<comments>http://www.reiblog.org/2008/05/06/va-repos/#comments</comments>
		<pubDate>Tue, 06 May 2008 23:29:33 +0000</pubDate>
		<dc:creator>Skia</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/05/06/va-repos/</guid>
		<description><![CDATA[The Veterans Administration also offers bargain hunting opportunities. It guarantees the purchase of homes by eligible veterans. This basically means that if the veteran defaults on the mortgage, the VA will pay off the lender and take the property back. Although technically these are REOs, they arc commonly called VA repos.
VA repos are not found [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/05/06/va-repos/feed/</wfw:commentRss>
		</item>
		<item>
		<title>HUD Homes FAQ</title>
		<link>http://www.reiblog.org/2008/04/30/hud-homes-faq/</link>
		<comments>http://www.reiblog.org/2008/04/30/hud-homes-faq/#comments</comments>
		<pubDate>Wed, 30 Apr 2008 17:52:12 +0000</pubDate>
		<dc:creator>boored</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/04/30/hud-homes-faq/</guid>
		<description><![CDATA[Should I Get an Appraisal First?
You should certainly check out the property and get a comparative market analysis (CMA) so that you know what similar properties have sold for. That should be your guide as to how much to bid.
Some bidders will offer close to market price. Others will try to sneak in with a [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/04/30/hud-homes-faq/feed/</wfw:commentRss>
		</item>
		<item>
		<title>What Kinds of Problems Do REOs Have?</title>
		<link>http://www.reiblog.org/2008/04/21/what-kinds-of-problems-do-reos-have/</link>
		<comments>http://www.reiblog.org/2008/04/21/what-kinds-of-problems-do-reos-have/#comments</comments>
		<pubDate>Mon, 21 Apr 2008 20:54:56 +0000</pubDate>
		<dc:creator>Cadman</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/04/21/what-kinds-of-problems-do-reos-have/</guid>
		<description><![CDATA[What Kinds of Problems Do REOs Have?
The problems with REOs are usually far less than for other repossessed property, but they do exist and can be severe on occasion. Frequently, the lender will pay for a policy of title insurance and will guarantee that your loan is indeed a first (no hidden liens) and that [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/04/21/what-kinds-of-problems-do-reos-have/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Find the REO Property Directly</title>
		<link>http://www.reiblog.org/2008/04/16/find-the-reo-property-directly/</link>
		<comments>http://www.reiblog.org/2008/04/16/find-the-reo-property-directly/#comments</comments>
		<pubDate>Wed, 16 Apr 2008 23:35:23 +0000</pubDate>
		<dc:creator>nicker</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/04/16/find-the-reo-property-directly/</guid>
		<description><![CDATA[This bypasses the REO department entirely, at least with regard to locat¬ing the properties. Remember that the foreclosure process involves adver¬tising the sale of the property and then holding a public auction. At that public auction, a price is paid and a deed is given, which is then recorded. All of this is public information, [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/04/16/find-the-reo-property-directly/feed/</wfw:commentRss>
		</item>
		<item>
		<title>How Do I Find Out about Bank REOs?</title>
		<link>http://www.reiblog.org/2008/04/14/how-do-i-find-out-about-bank-reos/</link>
		<comments>http://www.reiblog.org/2008/04/14/how-do-i-find-out-about-bank-reos/#comments</comments>
		<pubDate>Mon, 14 Apr 2008 23:56:04 +0000</pubDate>
		<dc:creator>nicker</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/04/14/how-do-i-find-out-about-bank-reos/</guid>
		<description><![CDATA[That, of course, is the trick. With some lenders being so secretive about them, you won&#8217;t find REOs waiting for you to come along. In fact the most difficult part about this area can be finding the properties.
The most logical first step is to check with a lender. Go into your local bank branch and [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/04/14/how-do-i-find-out-about-bank-reos/feed/</wfw:commentRss>
		</item>
		<item>
		<title>What Does a Typical Bank REO Look Like?</title>
		<link>http://www.reiblog.org/2008/04/07/what-does-a-typical-bank-reo-look-like/</link>
		<comments>http://www.reiblog.org/2008/04/07/what-does-a-typical-bank-reo-look-like/#comments</comments>
		<pubDate>Mon, 07 Apr 2008 19:05:16 +0000</pubDate>
		<dc:creator>boored</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/04/07/what-does-a-typical-bank-reo-look-like/</guid>
		<description><![CDATA[High Interest Bank had an REO on its books. It was a three-bedroom, two-bathroom house in a fairly good area of town. High interest Bank was hop­ing in the worst way that it could get rid of that property. It wanted to convert it from a liability back into a mortgage that paid interest, in [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/04/07/what-does-a-typical-bank-reo-look-like/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Bargains in REOs</title>
		<link>http://www.reiblog.org/2008/04/01/bargains-in-reos/</link>
		<comments>http://www.reiblog.org/2008/04/01/bargains-in-reos/#comments</comments>
		<pubDate>Wed, 02 Apr 2008 00:07:30 +0000</pubDate>
		<dc:creator>nicker</dc:creator>
		
		<category><![CDATA[Bargain Real Estate]]></category>

		<guid isPermaLink="false">http://www.reiblog.org/2008/04/01/bargains-in-reos/</guid>
		<description><![CDATA[REOs are the most popular of the bargain opportunities in real estate. Here you might get a property for 5 to 50 percent off market value. Yet, they are usually considered a safer and easier way to buy real estate than purchasing either directly from the seller before a foreclosure auction or at the auction [...]]]></description>
		<wfw:commentRss>http://www.reiblog.org/2008/04/01/bargains-in-reos/feed/</wfw:commentRss>
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