How to Buy Investment Properties with an IRA - Step by Step (Part 4 of 4)

Using a self-directed IRA to buy real estate is a sound investment strategy for many people. The ability to buy assets that can provide strong returns is appealing to a wide range of people. Listed below are the basic steps necessary to buy a property in compliance with the IRS rules governing the use of an IRA account.…

Fannie Mae recently introduced a new tool to help short sale real estate specialists successfully close short sales. Short Sale listing agents are now asked to register accepted short sale offers (accepted between the buyer and homeowner) with Fannie Mae to provide greater transparency into the process and allow Fannie Mae to…

 I have a short sale w Ocwen 2nd.  Ocwen  agreed to 10 %, has now switched the amount twice  for much more money.  I have tried the escalation dept. & Ombudsman- need investors to make an exception.  Please send me your suggestions.

With foreign buyers again flocking to buy United States real estate, it is important as a Buyer Realtor to remember to advise them of their obligations and liabilities when they sell it.  FIRPTA (Foreign Investment in Real Property Tax Act) has been around for decades, yet many Realtors forget to tell their foreign buyers of the implications of FIRPTA when the foreigner is looking to buy, thereby possibly short changing their client on options and surprising them with expenses when they…

Good morning Superstars.…

Does anyone have a supervisor number to BSI Financial or can guide me on how to follow up, I have been negotiating with BSi a short sale and we were schedule to close on the 30th of this month which buyer having a FHA financing needed additional time and asked for an extension, BSI financial said no and wanted us to put the house on market which we did and the next day they said they are canceling the short sale without explaining why.

Good morning Superstars,

Here's a sampling of this week's Superstar discussions.