Articles written by Michael Cook
Showing 1-50 of 121 Articles
|
The Case for a Down Real Estate Market
The real estate market continues to show signs of rising and falling, but much like a groundhog seeing its shadow, the market will retreat.
Aug 31, 2010
- Michael Cook
|
|
Investment Strategies for Down Markets
The real estate market disaster unfolded quickly and harshly for many, but those investors able to act quickly should profit.
Aug 23, 2010
- Michael Cook
|
|
Is there Value in Executing a Home Short Sale?
Borrowers attempting to convince their banks to accept a short sale on their property should stop and take stock of the pros and cons.
Aug 18, 2010
- Michael Cook
|
|
Historically Low Interest Rates: Time to Buy?
Real estate prices remain depressed, but low interest rate financing could make some areas very attractive investment opportunities.
Aug 13, 2010
- Michael Cook
|
|
Lessons Learned from the Real Estate Crash
As the real estate crisis appears to be coming to a close, it is important to review the key lessons learned from the down cycle.
Jul 23, 2010
- Michael Cook
|
|
Should Mortgages be Modified?
With the government paying banks $5,000 per mortgage modified, taxpayers must ask the question, should mortgages be modified?
Jul 22, 2010
- Michael Cook
|
|
How to Modify a Mortgage
Mortgage modifications can be tough. Borrowers have to be organized, diligent and persistent to succeed in lowering their mortgage.
Jul 22, 2010
- Michael Cook
|
|
Is the Real Estate Rebound Here?
Despite the rise in foreclosures, lower interest rates and depressed prices seem to be drawing buyers back to the market.
Jul 21, 2010
- Michael Cook
|
|
Foreclosures Affecting Real Estate Valuations
As banks increase their rate of foreclosure sales, many neighborhoods are finding it hard to compete on price.
Jul 16, 2010
- Michael Cook
|
|
New Short Sale Government Program to Help Borrowers
First and second mortgage lenders and borrowers are being offered $1,000 - $1,500 to execute a short sale.
Jul 14, 2010
- Michael Cook
|
|
Management Tips for Out of State Landlords
Being a landlord is a challenging job to begin with, but doing it from another state can be down right impossible. Here is some advice to ease the burden.
Mar 2, 2010
- Michael Cook
|
|
Entry-Level Homes Safe Real Estate Play
Buyers and investors interested in a safe entry into the real estate market today should consider starter homes and homes that appeal to first time homebuyers.
Mar 1, 2010
- Michael Cook
|
|
Shifting Rent Controlled Apartments to Market
Renters must know their rights and challenge aggressive landlords that seek to raise rents to market with legal and illegal tactics.
Feb 25, 2010
- Michael Cook
|
|
Baby Boomers' Vast Real Estate Needs
As real estate consumers become older, the landscape of real estate needs change considerably.
Feb 22, 2010
- Michael Cook
|
|
Why Loan Modifications Don't Work
Every day more and more data show that temporary modification of troubled mortgages do not work in the long-term, so should owners modify?
Feb 17, 2010
- Michael Cook
|
|
Speculative Housing and Tax Credits
Small investors should consider the effects of the expiring tax credit in their real estate exit strategy.
Feb 15, 2010
- Michael Cook
|
|
The Tax Consequences of Becoming a Landlord
With record housing inventories, many homeowners have become first time landlords that need to better understand real estate taxes.
Feb 6, 2010
- Michael Cook
|
|
Real Estate and the Economic Recovery
Despite an uptick in employment, foreclosures could remain a significant problem for many homeowners.
Feb 6, 2010
- Michael Cook
|
|
Banks Go After Short Sellers After the Sale
Homeowners will be shocked to know that even after a short sale is complete they may be on the hook for the balance of their loan.
Jan 31, 2010
- Michael Cook
|
|
The Process of Selecting the Right Home
In a time of record real estate inventory, buyers have more choice than ever. Searching smarter can reduce the time and costs of the investigation.
Jan 31, 2010
- Michael Cook
|
|
Government Programs Supporting Real Estate
Consumers considering buying a home today should avail themselves of the numerous government programs designed to support the real estate market.
Jan 5, 2010
- Michael Cook
|
|
How Loan Modifications Affect Credit Ratings
Borrowers should be aware that any loan modification will temporarily lower their credit rating and could have a lasting effect on their borrowing power.
Dec 28, 2009
- Michael Cook
|
|
A Bad Economy's Affect on Credit Scores
As consumers pay off more debt and save in a bad economy, credit scores take on less importance to individuals.
Dec 28, 2009
- Michael Cook
|
|
Buying Real Estate in the Winter
Buying property in the winter can be tough with few desperate sellers and a host of potential due diligence issues.
Dec 22, 2009
- Michael Cook
|
|
Financing Condos Under New Mortgage Rules
Unless a development is more than 51% sold, do expect to receive conventional financing for a condo purchase.
Dec 21, 2009
- Michael Cook
|
|
Invest in the Real Estate Multifamily Sector
Take advantage of low interest rate financing to catch the next wave of real estate investment profits in apartment investing.
Dec 21, 2009
- Michael Cook
|
|
Investing in Rent Stabilized Apartments
Rent stabilized apartments present a good opportunity to invest in cash flowing apartment buildings with upside potential.
Dec 21, 2009
- Michael Cook
|
|
How to Join a Real Estate Investment Club
Real estate investment clubs can be a great way for a novice investor to learn more about the process of investing in good real estate investments.
Dec 20, 2009
- Michael Cook
|
|
Foreclosures Affecting the Rich and the Poor
Foreclosures, traditionally an issue of the poor, are increasingly affecting owners of million dollar plus properties.
Dec 17, 2009
- Michael Cook
|
|
Jumbo Mortgages Fair Better in Tough Economy
The debate between Jumbo Mortgages and First/Second Mortgages to finance higher priced homes suggests Jumbo Mortgages refinance easier.
Dec 14, 2009
- Michael Cook
|
|
Loan Modification or Short Sale
Many homeowners face the choice of attempting to sell their house for less than their loan value or working with their bank to modify their loan.
Dec 9, 2009
- Michael Cook
|
|
Selling Real Estate and Emotions
A home is often filled with warm memories and big emotions. Curbing these emotions and thinking of a home as a good to be bought and sold can be challenging.
Dec 8, 2009
- Michael Cook
|
|
The Best Strategies to Avoid Foreclosure
In this tough economy foreclosures are happening at a record pace. Here are a few strategies to employ if an eviction is looming.
Nov 17, 2009
- Michael Cook
|
|
How to Find a Good Real Estate Agent
A good real estate investor needs a wide network. Here is how to find a good accountant, lawyer, realtor and mortgage broker.
Nov 17, 2009
- Michael Cook
|
|
Foreclosure Bus Tours
To capitalize on the foreclosure boom, several companies sprang up offering bus tours of foreclosed homes for investors.
Nov 10, 2009
- Michael Cook
|
|
Mortgage Market Fundamentals
Mortgage rates continue to remain low despite a slowly recovering economy. Consumers, who have not yet refinanced, may miss their window.
Nov 10, 2009
- Michael Cook
|
|
Real Estate Investment Fundamentals
Has residential real estate really hit rock bottom? Looking at today's fundamentals provides mixed signals on the course of the residential properties.
Nov 7, 2009
- Michael Cook
|
|
Strategically Walk Away from Mortgages
When a mortgage is well below the market value of the home, is it OK to walk away from that mortgage even if the borrower can afford to pay?
Nov 6, 2009
- Michael Cook
|
|
Buying Foreclosed Properties
With defaults and bankruptcies on the rise, it may never be a better time to invest in foreclosed real estate properties.
Nov 5, 2009
- Michael Cook
|
|
Using an Agent to Buy Foreclosed Properties
Real Estate agents can be a huge help in locating good investment properties. Knowing who to look for will save an investor time and money.
Nov 5, 2009
- Michael Cook
|
|
Distressed Lender – Small Banks
Consumers are not the only ones facing distress these days. Many small community banks need to raise capital to survive. This presents interesting opportunities.
Nov 4, 2009
- Michael Cook
|
|
Distressed Lender – National Banks
Consumers are not the only ones facing distress these days. Many major banks need to raise capital to survive. This presents interesting opportunities.
Nov 4, 2009
- Michael Cook
|
|
Rent vs. Buy Analysis
Consumers rarely sit down to consider whether renting is better than buying. Investors should be very aware of these dynamics.
Oct 15, 2009
- Michael Cook
|
|
Real Estate Investment Cost Cutting
Cost cutting the right way can increase profit and increase tenant responsibilities. Doing it the wrong way can lead to major repairs and an increase in vacancy.
Oct 14, 2009
- Michael Cook
|
|
Appreciation and Cash Flow Today
Investors have a golden opportunity in real estate today. Buy cash flowing properties with the prospect of strong appreciation and wait.
Oct 12, 2009
- Michael Cook
|
|
How to Start Investing in Real Estate
It can be hard to risk hard earned money on an investment. If an investor has any interest in real estate, now is the time to start investing.
Oct 1, 2009
- Michael Cook
|
|
Identifying the Best Properties
In the current real estate market, investors should be looking for a great deal. Beyond a great deal, now is the time to buy great properties.
Sep 30, 2009
- Michael Cook
|
|
Real Estate Investors Should Upgrade
Investors with capital to invest should look to purchase properties in more attractive neighborhoods or consider increasing their unit sizes.
Sep 28, 2009
- Michael Cook
|
|
High Growth Real Estate Markets
Investors living in high growth markets like Los Angeles and San Diego need to be prepared to buy and sell quickly. High growth could mean big profits or big losses.
Sep 23, 2009
- Michael Cook
|
|
High Real Estate Inventory: Good or Bad
High real estate inventory is normally considered a bad sign. Savvy real estate investors might find that this is just the opportunity they needed to make a purchase.
Sep 22, 2009
- Michael Cook
|