Friday, August 28, 2009

New Wave of Foreclosure Bus Tours Puts You First, Sale Second


New Wave of Foreclosure Bus Tours Puts You First, Sale Second

**FOR IMMEDIATE RELEASE***

August 2009-Investing in real estate has never been easier, nor more user friendly thanks to the newest wave of foreclosure bus tours. The Foreclosure Bus Tour offers exclusive, detailed and personal information about properties available to tour participants from real estate and investment professionals, removing the pressure to purchase.

The concept of foreclosure bus tours has become quite popular in recent years. Many tours include a realtor whose properties are the ones being visited, giving the realtor a biased, more personal incentive based reason to make a sale. A recent foreclosure bus tour in Atlanta, however, turns this practice around, making it a better, less stressful opportunity for investors. This is improved practice is exercised by the Foreclosure Bus Tour of Detroit.

At no cost to you, you become privy to a 5 hour tour of available Detroit area properties with the Foreclosure Bus Tour. Enjoy an educational experience and unprecedented access, not real estate agent induced stress. Instead of a hard sell while riding between locations, you will receive expert advice, opinions and suggestions by dedicated, non-commission seeking professionals. The tour also includes a home inspector who discusses the condition and potential of each home after visiting.

Metro Detroit real estate is a deeply sought after market, attracting investors from overseas. A recent article on CNN detailed an upcoming trip by Chinese investors looking to purchase American homes for between $300,000 and $800,000 at foreclosure. Similar trips are being scheduled throughout the year thanks to the successful nature and ample investment opportunities. These opportunities could be yours!

Sign-up for the Foreclosure Bus Tour and capitalize on this incredible investment opportunity...for free! Visit www.michiganpropertyvirgins.blogspot.com

MFMH and CDMH are cooperatively run by Christopher J. Shaw, Darrick H. Scruggs, Sandra Smith and Joey Williams Jr With more than two decades in the real estate industry, Shaw and Scruggs have dedicated themselves to educating potential buyers and sellers on the housing market and navigating the acquisition of investment properties. Their decision to fuse MFMH and CDMH came from a mutually shared belief in the power of teamwork and a desire to create accessible investment opportunities.

To learn more about first time home buying with My First Michigan Home and Cheap Metro Detroit Homes, please visit www.MyFirstMichiganHome.com and www.CheapMetroDetroitHomes.com.

Press Inquiries Contact:

Christopher J. Shaw
My First Michigan Home
16250 Northland Drive Suite 242
Southfield, MI 48075
Telephone: (248) 757-0926
Fax: (248) 569-7637
www.MyFirstMichiganHome.com

Thursday, August 20, 2009

Home Buying in Detroit Just got better up to $18,000 in Incentives

The First Time Buyer Obama credit of up to $8000.00 has been a blessing and curse. There has been wholesale fraud due to the credit and also the ambiguity of the new law. The credit which has been a blessing to true first time buyers (The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase) it can be a great way for most to build that security blanket that most during the buying process

For the residence of Detroit the buying experience just got better, in addition to the potential $8000.00 tax credit that you can receive after the closing of your home purchase. The city of Detroit really wants to take all the excuses out of anyone buying a home. If you are in the market to buy a home and you meet the criteria discussed above you can qualify for an addition $10,000 down payment assistance program. This program in my mind is better due to the way it can be used, the $8000.00 Obama tax credit can’t be used as a down payment in Michigan yet, but the $10,000 American Dream Down Payment assistance can be used as Down payment. Both programs can be used in conjunction with each other. For this program you only need to be

· Must Be a First Time Buyer

· Must Be 18 years or older

· Home buyer must occupy the property as a primary residence

· Home buyer is required to make a 1% cash contribution from his or her own funds

· The homebuyer must own and remain in residence for at least 5 years, or be required to repay the loan at a diminishing rate of 20% per year.

· Home buyer must complete an approved home buyer counseling course.

· Program has income limits ranging from min of $39100 for a single individual to a max of $60,400 for a family of 5.

For more information about this program, how to find an approved home buyer counseling course feel free to contact our office. We have met with the city officials and some counseling agencies to make the home buying process simple. At My First Michigan home our goal is to keep the residence in the Metro Detroit area aware of all the great reasons home ownership is just a phone call away.



Christopher J Shaw

CEO

My First Michigan Home Inc

www.Myfirstmichiganhome.com

www.Michiganpropertyvirgins.blogspot.com

www.Cheapmetrodetroithomes.com

Tuesday, August 18, 2009

Seats Going Fast For One-of-a-Kind Real Estate Investment Opportunity





Seats Going Fast For One-of-a-Kind Real Estate Investment Opportunity

**FOR IMMEDIATE RELEASE***

August 2009-Seats are filling up fast for My First Michigan Home (MFMH) and Cheap Detroit Metro Homes (CDMH) unique Foreclosure Bus Tour on August 22nd, 2009.

This one-of-a-kind real estate investment opportunity escorts guests around the Metro Detroit area providing them with invaluable insight and information about investing in today’s real estate market. Guests on the Foreclosure Bus Tour will receive exclusive access to privately owned properties available for purchase. All properties visited during the August 22nd Foreclosure Bus Tour will only be available to that group.

Additionally, guests on the Foreclosure Bus Tour receive priority buyer status on the properties visited that day. The stress associated with making a speedy offer is also removed with the Foreclosure Bus Tour as everyone receives an equal opportunity to obtain a great deal.

The Foreclosure Bus Tour will feature business credit expert, Annetta Powell (www.AnnettaPowell.com), of Millionaire Real Estate and G-8 Capital (www.G8cap.com), a $50 million investment company that has partnered with CDMH and MFMH to level the playing field for investors of all economic backgrounds. Guests will also receive a copy of Annetta Powell’s book “Finding, Fixing and Flipping” and a free tele-seminar with a real estate CPA detailing the correct way to set up a corporation.

“I don’t believe there is anywhere else you could go to receive the quality of information as dispersed by the Foreclosure Bus Tour. I would absolutely recommend the Foreclosure Bus Tour to anyone interested in investing in apartments or other real estate investments,” states satisfied Foreclosure Bus Tour participant, Larry Williams.

MFMH and CDMH are cooperatively run by Christopher J. Shaw and Darrick H. Scruggs. With more than two decades in the real estate industry, Shaw and Scruggs have dedicated themselves to educating potential buyers and sellers on the housing market and navigating the acquisition of investment properties. Their decision to fuse MFMH and CDMH came from a mutually shared belief in the power of teamwork and a desire to create accessible investment opportunities.

Don’t let this investment opportunity pass you by. Register for one of the last seats on the August 22nd, Foreclosure Bus Tour with MFMH, CDMH and special guests, by visiting www.CashInOnForeclosures.com.

To learn more about first time home buying with My First Michigan Home and Cheap Metro Detroit Homes, please visit www.MyFirstMichiganHome.com and www.CheapMetroDetroitHomes.com.

Press Inquiries Contact:

Christopher J. Shaw
My First Michigan Home
16250 Northland Drive Suite 242
Southfield, MI 48075
Telephone: (248) 569-1486
Fax: (248) 569-7637
www.MyFirstMichiganHome.com

Friday, August 14, 2009

Three Sound Reasons to Invest in Detroit Foreclosures

Detroit, Michigan is known as the hub of the automobile industry. Detroit is a city that is rising out of the ashes of the nation’s economic woes. Metro Detroit houses three of the nation’s major car makers: Chrysler, Ford and General Motors. The faltering of these corporations was a major concern for the US during 2007-2009. President Obama came into office directly addressing the economic threat of the failure of these major corporations to the nation. Despite this current shaking and the past economic shaking of the nation and Detroit, there are sound investments to be made in Detroit real estate. Here are three strong reasons to invest in Detroit foreclosure properties.

One: Detroit is a Strong City with a Vision
Detroit is a strong city and the city officials are working to create a strong economy out of the ashes of the current situation. Detroit is strengthening their economy and is shifting the main revenue focus from the automobile makers to tourism. This new vision will ensure that Detroit will rise again. Detroit is a great city to invest in. Buying Detroit foreclosure properties is easy with its initial low investment and its high end future profit. The governmental officials in Detroit are fighting to insure that Detroit rises again and that her economic status heals. Now is a great time to invest into this city.

Two: Detroit is a Great Place to live
Detroit offers sound employment opportunities as well as many living opportunities including houses, condos, and apartments. Detroit is known for its music, its cars and its culture. The waterfront is an investment that the city is making in order to attract tourists from the around the world. It gives many job opportunities to residents. The attractions of the waterfront also give residents culture, fun and entertainment. Detroit is a fun city. Investing in Detroit property through Detroit or Metro Detroit foreclosures is a great way to tap into the strong economic future of this city. This sound city will rebound from the financial woes that she has faced and she will rise again.

Three: Detroit Rentals are a Great Way to Bring in Money
Detroit is a busy city and is the eleventh most populated city in America. This population creates a need for rentals. Purchase Detroit foreclosures and properties as rental property investments. The property can be rented for several years and then sold when the economy rises and housing stabilizes. The demand and need for rental properties in Metro Detroit is especially high and this is a great place to invest for the future.

Invest in Detroit by purchasing foreclosures. Invest a small amount now and reap a strong profit in the future. Check the Detroit foreclosure list daily for properties that spark your interest. Begin today to consider a sound investment in tomorrow.

www.myfirstmichiganhome.com

www.Cheapmetrodetroithomes.com

Wednesday, August 12, 2009

Investing Real Estate on EBay

Imagine being able to sit in the comfort of your home or in your home office, enjoying the benefits of spending more time with your family while raking in enormous amounts of money from real estate investing. In today’s housing market that seems a little imaginary but it is what you know about real estate investing and what you can learn that will bring in big bucks even with this rocky economy. Now take it to a whole different level. EBay is one of the biggest, if not the biggest online trading venue in the world. Real estate investing on EBay is a great new way to generate a six figure income, working less hours and having more time to actually spend your money and be with your family more often.

Investing in real estate on EBay brings the customers directly to you. There are so many houses for sale and a big percentage of them are in foreclosure. This is the perfect way to buy houses on the market for dirt cheap, and with the mortgage interest rate being the lowest in years, it is the best time to buy a home or property.

There are so many people who flip a house or two, get discouraged very quickly when the realize it was harder than they thought, or maybe they just didn’t realize that it takes one or two flips to get the hang of it and how the reap in the benefits of turning a $45,000 home into a $150,000 or $200,000 home. It is possible with this new system that provides the information and training you need to become a very successful real estate investor in little to no time at all. Whether you are investing in real estate, leases, commercial property, etc., you will find that there are people that are desperate to sell and get away from their mortgages without going bankrupt. You will also find buyers of real estate property that will be begging to earn your business and buy your property. It IS a reality that you can be sure of.

Using this system, you will become a fast growing real estate investor on EBay, buying and selling houses like hot cakes, working about 10 hours a week and really beginning to enjoy your life. It is possible with this system to generate enough cash to be able to hire your own team to help you manage your EBay business of buying and selling homes in record time. The more business you generate and having the ability to handle the inflow of calls, etc., the more money you will make. It is a great EBay business, one that is growing despite the downturn of the housing market. It is an opportunity of a lifetime.

http://www.cheapmetrodetroithomes.com

http://stores.ebay.com/myfirstmihome

Real Estate Wholesaling on EBay

Being able to buy real estate property at wholesale prices is fast becoming one of the best ways to generate cash, and to embark on the slumping housing market in a whole new way. Real estate wholesaling on EBay or “flipping” a house for profit as it is called will ensure you that you will have a steady flow of cash on hand for the next property purchase. When you buy and sell wholesale real estate on EBay, you have a diversity of potential homebuyers, sellers and real estate buyers at your disposal. You will be able to turn your wholesale home into an instant lump of cash by reselling for profit.



Here’s how it works. In today’s market, when you buy a home around $50,000 to $100,000 and resell to an investor, that investor will pay up to 70% APV (or after repair value) on the property minus the repair costs. That gives the seller a 30% equity profit. In higher end homes, such as around $75,000 to $100,000 or more, even though there is a smaller margin, the seller can potentially earn 80 to 85% of the APV minus the repair costs. That is a profit of $75,000 or more for the seller. Taking this information here and applying it to the program will give you fast results. You will be a trusted investor in no time.



Don’t waste another day dreaming about your future. This fantastic program will allow you to turn profits in no time with wholesaling real estate on EBay. You will gain much more than a bigger bank account. You will be developing a solid customer base on EBay – satisfied customers who put you on their favorite sellers list on EBay. They will be telling their friends other contacts in their business about you and your EBay business. There ARE buyers and sellers out there and with all of the exposure you gain through selling on EBay, you are opening up a new venue of buying and selling real estate. Foreclosures are on the rise as well as eager homeowners who are struggling to make their monthly payments. While this is an unfortunate reality of life, it can also be a reality for you to earn the income of your dreams.



http://www.Cheapmetrodetroithomes.com

http://stores.ebay.com/myfirstmihome

Friday, August 7, 2009

Free Reverse Mortgage Counseling


In response to the increased pressures on the incomes & savings of older adults, the National Council on Aging (NCOA) is offering free reverse mortgage counseling for seniors through its Reverse Mortgage Counseling Services (RMCS) Network.

RMCS counselors will waive the $125.00 counseling fee to help older home owners understand how reverse mortgages, along with community programs & other options, can help them to remain in their homes, and to live more comfortably.

Home owners aged 62 and above can schedule a free reverse mortgage counseling session, through September 30th, by calling 1-800-510-0301.

NCOA also offers a consumer booklet on reverse mortgages, entitled Use Your Home to Stay at Home.

As part of the new reverse mortgage counseling protocol under development by the U.S. Department of Housing & Urban Development (HUD), all HUD-approved reverse mortgage counselors will soon be required to provide consumers with this booklet.

A website for purchasing printed copies will be launched when HUD’s new protocol goes into effect.

"Tapping home equity in a timely way can keep small financial challenges from becoming overwhelming problems, but many older home owners need guidance on how and when to tap this asset," said Barbara R. Stucki, Ph.D., Director of the Reverse Mortgage Initiative for NCOA.

"We are pleased to work with HUD to provide both 1-on-1 reverse mortgage counseling and a detailed consumer booklet to help fill this knowledge gap."

The National Council on Aging is a non-profit service & advocacy organization headquartered in Washington, D.C.

NCOA serves as a national voice for older Americans - especially those who are vulnerable & disadvantaged - and the community organizations that serve them.

It brings together non-profit organizations, businesses like yours & mine, and government to develop creative solutions that improve the lives of all older adults.

NCOA works with thousands of organizations across the country to help seniors find jobs & benefits, improve their health, live independently, and remain active in their communities.

For more information, visit NCOA.org.

Monday, August 3, 2009

Rare find in Oak Park


Rare find in Oak Park
4 Bedroom 2 Bathroom Colonial
Large Lot goes with Home
Largest home on Block
Cash Only- We have several offers
$35K Non Negotiable -
Needs 8-9K in repairs
Need to have proof of fund to make offer
Call 248-757-0926 for more details or