The Red Pill Investor
How The Real Estate Disaster Began… Episode 548

How The Real Estate Disaster Began… Episode 548

August 23, 2019

What's The Easiest Way To Manipulate Mortgages?

Imagine if you will.. an IBuyer who can tell you how much your home is worth, has a nationally recognized Automatic Valuation Method that is computerized, and more.  Suppose this same IBuyer could buy thousands of homes, do "fix up" type of repairs and sell those same homes to the public using conventional mortgages?

What would protect the public from overpaying or getting a home filled with shoddy repairs?  In a normal market, that would be an appraisal.  An appraisal, properly done, would ensure that a property would not sell for a price that wasn't realistic, or with repairs that needed to be done.

What if, that SAME IBuyer, could BUY a home.. do WHATEVER repairs they felt necessary, SELL the home to a NEW BUYER, WRITE THE MORTGAGE for the New Buyer, and CLOSE.. 

All without completing an appraisal?

What if that same IBuyer sold that loan in the secondary market, making American Taxpayers like you and I responsible for the bill should anything "go wrong?"

Well.. that's exactly what has happened.  

Listen in on this podcast as I share with you the REAL LIFE Story of what has happened in the American Lending Atmosphere!

 

The 5 Ways A Real Estate Recession Affects You! Episode 547

The 5 Ways A Real Estate Recession Affects You! Episode 547

August 16, 2019

Facing A Real Estate Recession?

Recent news events have caused many Realtors and Investors to wonder if they are truly prepared for the market when it becomes recessionary.  Recent news events (Yield Curve Inversion) have caused some to wonder what happens during a Real Estate Recession.

No need to wonder, I have "been there, done that!"  Let me share with you 5 quick things that happen in a real estate recession so that you are prepared when it comes! 

If you would like the video version of this, please visit my YouTube Channel SellMoreHomesNow!