daddies little girl

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Thursday, December 23, 2010

Private Lending, the role of Private Lenders in Real Estate 2011 « Chitownrei's Blog

Private Lending, the role of Private Lenders in Real Estate 2011 « Chitownrei's Blog

Thursday, November 25, 2010

Happy Thanksgiving!


HAPPY THANKSGIVING!!!
BE THANKFUL
BE GRATEFUL
BE SAFE

Thursday, October 28, 2010

Emerging Real Estate Trends 2011

Price Waterhouse Copper has just released its latest report on Real Estate investing trends. A must read for the Real Estate Investor. The PWC report confirms what many of us have feared. The Residential Real Estate market is dead in the water for at least the next 3 to 5  years. The commercial market on the other hand is an investors paradise, Multifamily buildings, downtown office buildings, downtown hotels, and shopping malls with big box stores and food chains are among the most desirable acquisitions in the coming year. Also several cities have been identified as th quickest to recover and the best to invest in. Topping the list were Washington DC, New York, San Francisco, Austin, Boston, Seattle, San Jose, Houston, LA, San Diego Denver and Dallas.
 Investor should  start positioning themselves to capitalize on these market trend now, This market is still wide open and RE professionals will be needed on all levels of this coming market boom.

For more information contact Adam T Barrera
Repair Financial Problems - Helping customers Nationwide!

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Monday, October 25, 2010

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Thursday, October 21, 2010

Get a chance to win $5000 Green Home Remodel - Sponsored Post

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Monday, October 18, 2010

Who wants to Own a piece of Paradise!




Property Highlights:

The 355 Acre + property with Christopher Columbus History and 4.4 Miles/7.1 KM of Ocean Beach Front could become the ultimate mixture development, resort or even a private residence. At the current price a buyer could just let it sit for a few years and resell it when the market has recovered. Another option would be to invest in the infrastructure and sell individual lots. With the size of the property the new owner could do all the above!

·         Property: 355+ Acres (1.44 Million Square Meters) Healthy, undeveloped land bordered by miles of pristine ocean beaches and sparkling, gentle lagoon waters.

·         Ocean Beach Front: 4.4 Miles (7.1 Kilometers) Miles of spectacular natural beaches and natural harbor

·         More Waterfront: Additional lagoon, mangrove, and river frontage

·         Protected: Area is known as a “hurricane hole” since a 10,000-foot mountain range to the southeast acts as a natural hurricane shield. We have documents that confirm no Hurricane or Tropical Storm came close the property in 150 years!

·         Airports: Less than 90 Minutes from 2 International Airports (Puerto Plata and Santiago).

·         Utility Access: Property is about 1/2 Mile (800 Meters) from the main road with utilities.

·         Local Business Development: The friendly township of La Isabella welcomes all tourist development and activities.

·         Historic: Christopher Columbus discovered the peninsula on his second trip to the New World in 1493 and built the first settlement La Isabella across the bay (See CNN iReport for full story: http://ireport.cnn.com/docs/DOC-501531 )

·         Paradise Islands: The world famous Paradise Islands or Sand Islands are only a short boat ride away

·         Additional Revenue Potential: Every Eastern Caribbean Cruise goes by the property and could be attracted for stopover

·         Government Support for Tourism: The President of the DR is pushing tourism as a significant source of income / GDP and trains Dominican Students to receive a degree in tourism: http://www.dominicantoday.com/dr/tourism/2010/5/20/35760/World-Tourism-lauds-Dominican-Republics-President

·         U.S. relations with the Dominican Republic are excellent: The U.S. has been an outspoken supporter of that country's democratic and economic development and supports the Fern├índez administration's efforts to improve Dominican competitiveness, to attract foreign private investment (source U.S. Department of State: http://www.state.gov/r/pa/ei/bgn/35639.htm)

·         Must See to Believe: A serious buyer MUST visit the property to appreciate its potential. Every visitor has truly fallen in love with this unique property. Unfortunately our pictures can only give you a small indication of what to expect but don’t even come close to the impressive reality




Detailed information Links to share:

·         Google Earth Location: Link to the location

·         General Website: http://www.manateepeninsula.com/vip

·         Pictures: http://picasaweb.google.com/manateepeninsula


·         Detailed Information: http://www.manateepeninsula.com/ManateePeninsula_general_vip.pdf

For more information call me at 773 715 6523 Serious Buyers only Seller has no interest in any investment or development strategies. 

Saturday, October 9, 2010

Steps to stop a judicial sale (foreclosure) Cook County

1) Go to Chancery Advice desk 50 W Washington St. Rm 1303 Give them Case # off original Complaint.
2) ask how to apply for a fee waiver, which will have to be filed with the clerk rm 802
3) If your case is a foreclosure or Mechanics lien go to court rm 2802 all other cases go to 2403
4) Give the fee waiver to the clerk, form called application and affidavit to sue or demand as an indigent Person                    
     or a 298 petition.Wait for the clerk to return you the order singed by the judge.
5) Make copies in the library 29th floor or room 802 at least 3 copies each.
6) Go to room 802 and request a court date from the motion clerk, make sure date is before your scheduled 
     Sale date. Fill in the date and time on each copy of the notice
7) Have the clerk in room 802 stamp each copy he keeps the originals and returns the rest to you.
8) Deliver a copy to the Judge and other parties (leave Judges copy in basket outside court room  2802)
9) Fax , mail or hand deliver a copy to plaintiff Attorney
!0) Get all documents and paper work ready to present to the judge on assigned court date, do not miss or be
      late for this court date.

Monday, September 6, 2010

Balance Reduction an Alternative to Loan Modification

A balance reduction program is a great alternative to a loan modification for several reasons. One with a balance reduction your loan is paid off at a reduced price and restructured to create a much more manageable monthly payment. Two a Balance Reduction is a permanent solution not a temporary modification that can revert back to its original terms. Three a Balance Reduction can be performed whether you a behind or current on your loan. A Balance Reduction only requires that your property to be upside down by at least 75%.
In a Balance Reduction Program your loan is negotiated with your lender, just like in a short sale. Then your original loan is bought out from your bank. And restructured by your new lender into a new loan thus reducing not only your total mortgage amount but also your monthly payment.
A Balance Reduction is a new loan so there is no chance for it to revert back to the original terms of your old mortgage like so many loan mods are doing today. This gives the home owner a fresh start, and if needed credit counseling enabling them to improve on the loan interest rate and terms.
Unlike  a loan modification you do not have to be behind on your payment to apply for a Balance Reduction. Current or behind on payments the only requirement is that your property be at least 75% upside down in its current LTV.
The Federal government has just started a Balance Reduction program in which it requires banks to perform a Balance Reduction if a home is 80% upside down in its current loan, but it has not been tested yet and there are no statistics out on whether it is being done successfully yet.
Private Equity backed companies like Repair Financial Problems have been successfully performing  Balance Reduction loans in Dallas, Miami, and several other markets for several years now. RFP has just launched its nationwide campaign which covers all 50 states. All loans are private equity fund backed and serviced by a private investment company. Clients are placed in programs according to credit worthiness 500+ fICO is required.
For more information on the Balance Reduction program and other programs offered please contact me at
Repair Financial Problems - Helping customers Nationwide!

Adam T Barrera

Saturday, August 28, 2010

24 units in Englewood 90K

Hello Investor!
We have a hot deal for you.
 

24 Unit in Chicago's Englewood neighborhood
LARGE UNITS (6) 3 BR, (12) 2 BR & (6) 1 BR

Cash deals only!!

Reply to this email for info
Gary
Innovative Property Solutionswww.OurFamilyBuysHouses.net/

Saturday, August 14, 2010

We Can Finance You!

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View Photos Map
Price: $65,000.00
After Repair Value (ARV):
Property Code:
County: Lake
Address: 
7 Ruth St.
Hammond, IN 46320
Type: Multi Family Home
Building Type: Brick
Year Built:
Square Footage: 2200
Central Heat/Air (CHA): Yes
Beds: 4
Baths: 2
Garage: No
Pool:
Sales Rep Name/#:
Showing Instructions:
Brick Multi-family in Hammond Indiana
Great brick craftsman style 2 unit in Hammond Indiana right across the street from Il.  Property has new windows , heating units and decks. In move in condition with huge back yard and drive-way.

Wednesday, August 4, 2010

YOU CAN OWN!! WE CAN FINANCE YOU!! 500+ FICO OK!

OPEN HOUSE
WHY RENT WHEN YOU CAN OWN!
14917 S EVANS  DOLTON IL.
SAT AUG 7, 2010

70K


CALL LlOYDA 773 410-5141 FOR DETAILS AND TO RSVP 
                                                                                                                                                       

Friday, July 23, 2010

Thursday, July 15, 2010

Income Property in Hammond IN, 2 Unit Br

New Income property, 7 Ruth St. Hammond In. This brick 2unit building has new window, furnaces and decks. Lots of original charm hardwood floors, fireplaces, and trim. At only 65k this one won't last CALL NOW! for details 773 410-5141     Innovative Property Solutions

Tuesday, July 6, 2010

Tuesday, June 29, 2010

OPEN HOUSE     8210 S ST. LAWRENCE    OPEN HOUSE


House Shaped Signs
INNOVATIVE PROPERTY SOLUTION IS HAVING AN OPEN HOUSE FRIDAY EVENING
CALL LOYDA 773 410-5141 TO RSVP
WE NOW HAVE FASTER EASIER FINANCING OPTIONS


Tuesday, June 15, 2010

RENT TO OWN YOUR OWN HOUSE! LEARN HOW @ OPEN HOUSE

House Shaped Signs
Innovative Property Solutions is offering several homes in our RENT TO OWN program come out this Saturday June19th and learn how you can say no to your land lord and OWN YOUR OWN HOUSE!  We are offering this beautiful Chicago Bungalow and several other houses in our RENT TO OWN  program. This house has 4 bedrooms 1bath 2 car garage finished attic and partial finished basement. Call Lloyda for details 773 410-5141

Monday, June 14, 2010

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Monday, June 7, 2010

RENT TO OWN! OPEN HOUSE   RENT TO OWN!                                                                                               
                                     
JOIN US SAT JUNE 12 2010
8947 S EGGLESTON  
9301 S PEORIA            
House Shaped Signs
INNOVATIVE PROPERTY SOLUTIONS INVITES ANYONE CURRENTLY RENTING TO COME JOIN US AT THIS EVENT. CALL FOR TIME  DETAILS AND NECESSARY DOCS.
RSVP: LlOYDA  773 410-5141
Innovative Property Solutions

Thursday, June 3, 2010

Innovative Property Solutions Is having an Open House.

House Shaped Signs

Everyone is Invited Rent to own, lease to own, Investors, buyers, Sellers
This Saturday June 5th from 2pm Till  3:30 pm
2557 W 82ND st. Chicago Il

Thursday, May 20, 2010

WHY RENT? WHEN YOU CAN OWN! 5 TO CHOSE FROM

hy are you renting when you can own a 3 bdrm 3 bath home in a great community for less than $900/month including taxes and insurance?  Credit? Down payment?  Need a neighborhood where the kids can play?

This home has a new roof, New kitchen with Maple Cabinets and Granite Counters, New tiled baths.  Custom paint scheme and lighting.  Master bedroom with baths. New fence.  Bonus room for an office in finished basement.  Home owner warranty available.

Wow!!  Look at the pics!!    http://www.ourfamilybuyshouses.net/PropertyImages.aspx?id=6658



No landlord!!  Your own bathroom with his and hers sinks!!  Your neighbor is a police officer!!  Easy access to highway and close to schools!

Come to the open house Saturday between 1130 am - 1pm.  

RSVP required for address.  RSVP by replying to this email or calling 773-410-5101 with name,email and time of arrival. 

Rent option or Home buyers considered only. 

We look forward to seeing you!!

Wednesday, May 19, 2010

Easy financing options available


11180 South Esmond, chicago, IL 60643
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View Photos Map
Price: $159,900.00
After Repair Value (ARV):
Property Code:
County: Cook
Address: 
11180 South Esmond
chicago, IL 60643
Type: Single Family Home
Building Type: Stucco
Year Built:
Square Footage: 1400
Central Heat/Air (CHA):
Beds: 3
Baths: 3
Garage: 1 Car
Pool:
Sales Rep Name/#:
Showing Instructions:
Near schools, highways, police station and Beautiful Beverly neighborhood.
New rehab with lots of blls and whistles.  great floorplan. new maple kitchen cabinets with granite countertops.  Master bdroom with bath.  New roof.  Nice lot

Monday, May 3, 2010

Las Vegas Mini-Castle 19.9 Mil Great Investment

The Las Vegas Mini-Castle Estate has been uniquely designed to afford you the Luxury Accommodations, Comfort, Privacy and Entertaining style desired by the most discerning Proprietor. The private gated community of 4 Custom Homes is located ½ mile from Las Vegas Blvd-South and includes: 36 Suites, (8 Master Suites, 28 Guest Suites) 44 Bathrooms, 8 Chef's Kitchens with Wolfe Appliances, 10 Laundry Rooms, 4 Formal Dining Rooms, 6 Formal Living Rooms, 4 Great Rooms, 4 Bonus Rooms, 4 Libraries, 2 Basements, 22 Fireplaces, and 4 Guest Houses, 12 Garages on 2+ acres. 4 Custom Pools, Jacuzzi's, BBQ's, etc.

Fully furnished and turn-key available for immediate occupancy.

For Information Call Adam T Barrera at 773 715-6523

Ideal for a Corporate Retreat, Consulate, Sport Teams, Destination Travel Associations, Sheik, Magazine, Recording Studio, etc.
If you have clients that aim to impress, then the Las Vegas Mini-Castles Estates will get the contract signed, "seal the deal", offer Golden Handcuffs to Executive Employees, and be Host to your Distinguished Guests. A Rare opportunity to OWN your OWN Private Gated Community in the Entertainment Capital of the USA!!!

Visit the web site at www.lasvegasminicastle.com


Comparison Properties/Curent listings
$9.9M USD 7 BR-9 Bath, 5 Garages, 14,000 SqFt PPSF- $699 USD
$9.95M USD 6 BR-9 Bath, 10 Garages, 13,500 SqFt PPSF- $737 USD
$10M USD 5 BR-9 Bath, 7 Garages, 11,677 SqFt PPSF- $856 USD
$11.9M USD 5 BR-7 Bath, 8 Garages, 15,800 SqFt PPSF- $753 USD
$11.9M USD 6 BR-11 Bath, 10 Garages 14,000 SqFt PPSF- $845 USD

Las Vegas Mini-Castles

$19.9M USD 36BR-44 Bath, 12 garages 31,000 SqFt PPSF-$641

PPSF (Asking Price Per Sq Ft

Saturday, May 1, 2010

Rehabber/ Investor Dream Project

Huge 4 unit grey stone 3 bedrooms in each unit 1500 sq ft each. In need of major rehab but at 24k with a 200+ k ARV this is a great Investment opportunity! Do the numbers and
call for details 773 715-6523

Monday, April 12, 2010

Contractors, rehabbers, Investors THIS ONES FOR YOU!!!


1537 west 104th st, Chicago, IL 60643
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Price: $75,000.00
After Repair Value (ARV): 220000
Property Code:
County: Cook
Address: 
1537 west 104th st
Chicago, IL 60643
Type: Single Family Home
Building Type: Stucco
Year Built:
Square Footage:
Central Heat/Air (CHA):
Beds: 5
Baths: 2
Garage:
Pool: No
Sales Rep Name/#:
Showing Instructions: Drive by, call for appt
Get into highly desired Beverly on a Budget.  Handyman Special!!  Rare opportunity to get countrylike living in the city of Chicago.  Huge yard for the kids to play.
Only in this market can you see a 3bdrm upstairs 2 bdrm downstairs 2 bathroom home in Beverly that sits on a large 8000 sq ft lot for this price.  Bring your contractor or use us and lock in your equity/profits!! 
Recent ARV sales in the $ 200's. 

Purchase at $75K fix for $35K ARV $229K.  Nice math at 50% LTV.

Call 866-434-0798 or www.ourfamilybuyshouses.net
ASK FOR ADAM

Sunday, April 11, 2010

Coming soon new listing in Hammond Indiana


7 Ruth St., Hammond, IN 46320
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View Photos Map
Price: $Price to be determined
After Repair Value (ARV):
Property Code:
County: Lake
Address: 
7 Ruth St.
Hammond, IN 46320
Type: Multi Family Home
Building Type: Brick
Year Built:
Square Footage: 2200
Central Heat/Air (CHA): Yes
Beds: 4
Baths: 2
Garage: No
Pool:
Sales Rep Name/#:
Showing Instructions:
Brick Multi-family in Hammond Indiana
Great brick craftsman style 2 unit in Hammond Indiana right across the street from Il.  Property has new windows , heating units and decks. In move in condition with huge back yard and drive-way.

Coming soon, new listing, Chi-bung


2014 West 80th place, Chicago, IL 60620
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View Photos Map
Price: $to be determined
After Repair Value (ARV): 162500
Property Code:
County: Cook
Address: 
2014 West 80th place
Chicago, IL 60620
Type: Single Family Home
Building Type: Brick
Year Built:
Square Footage: 2000
Central Heat/Air (CHA): Yes
Beds: 4
Baths: 1
Garage: 2 Car
Pool:
Sales Rep Name/#:
Showing Instructions:
Chicago Bungalow Great house Great Location1
This solid brick Chicago bungalow has Hardwood floors throughout full attic and basement partially finished lots of room and a 2 car garage. Across from park and close to shopping district, and transportation.

Monday, April 5, 2010

Great Article on home owner options


by Bill Bronchick


Understanding the different options a seller may be considering is important when negotiating with sellers. Below are the most common options that sellers may address with you if the sellers are either in default or anticipating being in default.

1. Reinstatement of Loan (Cure): This option is paying the lender everything that is owed in one lump sum to include missed payments, any late fees associated with these payments, foreclosure fees, legal fees and the principal owed during the delinquency. A cure may involve the seller curing or deeding it to the investor "subject to" the exisiting loans, who will cure. There is a risk to the homeowner that the lender may accelerate the loan because of the due-on-sale, and the homeowner no longer owns the property and has no recourse of the investor doesn't pay the loans.

2. Repayment Plan: This is a written agreement between the lender and the seller. These plans require higher payments than the regular monthly mortgage amount for a period of time until the loan is brought up-to-date.

3. Loan Modification: A loan modification involves changing one or more terms of a mortgage. Modifications can be considered to reduce the interest rate of the mortgage, change the mortgage product (from an adjustable rate to a fixed rate, for example), extend the term of the mortgage or capitalize delinquent payments (add delinquent payments to the mortgage balance-only available in extreme hardship situations). Modifications are NOT easily granted and there must be strong, justifiable reasons for the request.

4. Forbearance Agreement: The lender will allow you a period of time (3-6 months typically) of either low payments or no payments at all. Unless the loan term is extended (which happens rarely), the later payments generally will have to be higher than the original monthly mortgage payments until the loan is up-to-date.

5. Special Forbearance (FHA Loans only): Allows eligible borrowers to postpone monthly mortgage payments for a minimum of four months. While there is no limit on the maximum number of months, at no time may the agreement allow the delinquency to exceed the equivalent of 12 monthly PITI installments.

6. Deed-in-Lieu: A Deed in Lieu is an option in which a borrower voluntarily deeds collateral property in exchange for a release from all obligations under the mortgage. A DIL may not be accepted from borrowers who can financially make their payments. If a borrower qualifies for a DIL program they may be eligible for cash back from the lender as in the “Cash for Keys” program.

7. Cash Sale: The borrower sells the property, pays off his loan, and, depending on the equity, may net some cash out of the deal. The challenge, of course, is being able to sell it quickly enough, which most often requires a substantial drop in the price.

8. Short Sale: The borrower makes an agreement with the investor to sell it for less than is actually owed, subject to approval of the lien holders. This generally results in no cash to the homeowner, but will be better for the better for his credit than a completed foreclosure.

9. Refinance: The borrower may be able to refinance and get a new loan, but generally this is difficult because the borrower has little equity and poor credit. The new loan likely will have higher payments than the old loan.

10. Do Nothing: The worst choice for the seller, whose credit will be ruined, but he can stay in the house for several months for nothing, save up some cash, and move when the lender or the high bidder from the auction eventually evicts the homeowner.

Explain each of these choices, and be honest with the homeowner. In many cases, he will trust you for your candid explanations. You may lose a deal or two by offering the homeowner choices that are actually BETTER than your offer, but that's ok - always take the high road and you will have a long and properous business in real estate investing.

Thursday, March 25, 2010

Granite,Master Bath,Fireplace,Reduced. What more do you need!

Great frame bungalow ! block from Morgan Park H. S. Great Price Great House, Great Neighborhood. What more do you need! This house is completely updated and ready to move in. Oh ya Financing is available!
http://tinyurl.com/ydw6n88

11180 South Esmond, chicago, IL 60643
— Photo Gallery Opens in a Popup Window —

— — 
View Photos Map
Price: $159,900.00
After Repair Value (ARV):
Property Code:
County: Cook
Address: 
11180 South Esmond
chicago, IL 60643
Type: Single Family Home
Building Type: Stucco
Year Built:
Square Footage: 1400
Central Heat/Air (CHA):
Beds: 3
Baths: 3
Garage: 1 Car
Pool:
Sales Rep Name/#:
Showing Instructions:
Near schools, highways, police station and Beautiful Beverly neighborhood.
New rehab with lots of blls and whistles.  great floorplan. new maple kitchen cabinets with granite countertops.  Master bdroom with bath.  New roof.  Nice lot

Friday, March 19, 2010

AB-REI is now working with Innovative Property Solutions. Innovative Property Solutions