ness Tax on Taxcafe.co.uk property Hong KongThe NEW GOLD RUSH! – The Foreclosure Boom Author : Paul property Hong KongStone Submitted : 2007-07-27 00:00:00 Word Count : 904 Popularity: 23 Tags: Business; Marketing; Money; Making Money Author RSS Feed Most of us are well aware of the California Gold Rush of 1847. Thousands of people rushed to California in search of gold in hopes of gaining great fortune. It is true that many left disappointed and with significantly less than they arrived with. property Hong KongHowever, many people actually did find gold, lots of it and it dramatically changed their lives and the lives of their descendants, even those living property Hong Kongtoday. Over the past year or so, the number of houses for sale (inventory) has been increasing dramatically. For example, according to a chart provided by the Wall Street Journal1 , between October of 2006 and March of 2007 property Hong Konghousing inventory in Los Vegas went from about 40,000 to about 120,000, Chicago went from about 46,000 to about 89,000, Miami went from about 25,000 to about 76,000, Pheonix went from about 17,000 to about 51,000. Housing sales is not dropping off significantly but the number of houses for sale is increasing property Hong Kongvery dramatically. What does all this mean? Selling a house is very difficult in today’s market. According to the US Department of Labor2 inflation has gone up about 15.5% between 2002 and 2007. People are generally less able to pay bills than they were. According to an article published on RealtyTrac.com3, in the year 2005 alone, from the first quarter to the last quarter, the number of houses in some state of foreclosure throughout the United States increased about 25%. This means an awful lot of houses are going into foreclosure. This means an awful lot of people need to sell their houses quickly and cannot. This means an awful lot of houses are available for a whole lot less money than even their current market value. So how do you go about finding a house that is in foreclosure? Finding *all* properties that are in foreclosure is very easy. Every County in the US has a records department where legal documents are recorded. Foreclosure documents are recorded in the County in which the house in question is located. These records are available to the public. Different States have different laws on foreclosure so you need to learn what documents are filed to initiate foreclosure proceedings in your State. In the State of Florida, the first document recorded is a Lis Pendens which officially notifies the owner/borrower that the lender intends to foreclose. By looking up the records you can learn the address of the property and usually the name and address of the owner/borrower. You can also subscribe to foreclosure listing services so you can look them up from the comfort of your home, at your convenience. You may ask, ‘once I’ve found a house, how do I buy it?’. Especially if you don’t have any money. Many ways to get money exist but two exist that are most popular among real estate investors: 1. You can take existing loans ‘SUBJECT TO’ which means property Hong Kongyou just take over the loan’s payments, as is. You’d need to make up any back payments. This is not the same as to ‘assume’ a loan. You just take over the existing loan. Of course precautions exist: usually you’d put the house into a property Hong KongTRUST or something similar. Mortgage companies frown on it but it is legal. In fact most States have very strict laws (mostly concerning disclosure to the seller) about taking a loan SUBJECT TO. Real estate investors do it all the time and you can too. 2. HARD MONEY LENDERS – thousands of short term lenders exist who property Hong Kongare more than happy to supply you with every dime you need to close a transaction. They’re not usually worried about your credit, they’re far Resource BoxSell My House to a local home buyer?The Point At Lake Norman NC, The Ultimate In Luxury Living Author : Roby Robertson Submitted : 2010-01-06 04:24:01 Word Count : 559 Popularity: 28 Tags: lake norman, the point at lake norman, the point, lake norman luxury, property Hong Kongluxury homes Author RSS Feed Lake Norman has been described as being on vacation 365 days a year. Located just 35 40 minutes from the downtown Charlotte NC area, it is ideally located to enjoy everything a great lake has to offer and all the activities a vibrant Southern city has to offer as well. At the end of the Brawley Peninsula in Mooresville NC is some of the most beautiful waterfront views you will ever see. Built around this gorgeous property is one of the most exclusive communities on all of Lake Norman. The Point at Lake Norman is over property Hong Kong1,200 acres of real estate with lush foliage and luxurious homes built around 18 miles of the some of the most beautiful shoreline on Lake Norman. With that vision in mind add an 18 hole golf course designed by Greg Norman, Nantucket style village as well as 900+ luxury homes built on a minimum of 1/2 acre home sites with most being much larger. Crescent Development Corporation, one of the most preeminent developers of luxury communities at Lake wim teams, golhttp://www.principlesproperty.com/