It's time for lenders to step up to the plate and do what is right. Full disclosure, checklists verified by qualified counselors and everyone's sign off on loan terms and penalties are essential to restore confidence in the real estate transaction process.

Finding foreclosure properties is easy. Finding good foreclosure properties will prove more difficult

There are many advantages in buying foreclosed properties, but look before you leap.

Buying a property while the market is going down is a lot like buying something while it is "on sale". We all like to buy clothing at 25-50% off even thought we know it will go down in value. With real estate, however, our expectation is buy low, sell high. Today, you can buy "lower" almost anywhere in the U.S. than you could a year ago. If you believe that values will go up in the long-term and you can wait, this is the market favoring you as a buyer.

Real estate and mortgage fraud's "Bonnie and Clyde" go to jail and pay a fine!

There are billions of dollars at stake in real estate and those people with a plan stand a better chance of coming out ahead in a market like we're experiencing today.

Market analysis and difficult negotiations are just a few of the things quality real estate professionals will do for you. There is a whole lot more to the transaction process than most people realize.

One practice that some sellers have employed is to pay their real estate professional a SEVEN PERCENT commission. It may seem crazy and like you're giving up money, but when virtually everyone is paying brokers less, more might be just the solution.

Part of the reason the real estate market is so challenging today is that the entire market is viewed as “overvalued”. Prices went up fast, interest rates were lower than they had been in 40+ years

In other scenarios, a property investor buys and property and goes through a fix up process and completely blows up their budget by a factor of two or three times their original intent. So, now they may be faced with the situation of being “upside down”.