Real Estate Investing Roundtable: Landlording 101 ,Real Estate Flipping done Right! What to do if your upside down on your mortgage!
We have three successful real estate professionals speaking at this event:
From 5:30 PM to 6:30 PM Delphine Drake, President of the American Landlord Association, will present Landlording 101 – “How to be a Landlord; Straight Talk about what you need to know to be a successful landlord.”
Come and get answers to your important questions and updates on legislations and other important information that is imperative to you as a landlord.
From 6:30 PM to 7:30 PM Alan Faitel Real Estate Flipping is Back in Style! Come and hear Alan Faitel, local real estate professional and Associate Broker for Oakland Homes, LLC. Alan Faitel has over 25 years experience in the real estate industry. Learn how his is successfully buying, fixing and selling homes today!
• Successful Real Estate Flipping…done right!
• How to choose your market area
• How to find the best deals
• How to remodel the home to be appropriate to neighborhood standards
• How to buy low and sell high in today’s economy
From 7:30 PM to 9:00 PM David Smith – Forensic Mortgage Loan Audit
Learn how a Forensic Mortgage Loan Audit can help get a Loan Modification or Short Sale approved
According to a FDIC Report, over 80% of mortgages have one or more legal violations. These violations amount to a crime that was committed during the origination, closing, or servicing of the mortgage loan. These violations can carry large fines and other penalties that may provide you with legal rights against the lender and/or servicer.
Forensic Mortgage Audit
What is a Forensic Mortgage Audit?
• It is a comprehensive examination of the loan documents related to a real estate loan to find violations and errors.
• It is a review of the fees and other costs to determine whether they comply with Federal and State Lending Laws.
• It is a verification of the Annual Percentage Rate calculation from the Truth-in-Lending Disclosure to ensure it is within allowed tolerances.
• It examines whether the lender provided all of the required disclosures and whether they were done at the proper time.
• It looks for evidence of Predatory Lending Practices and fraud.
• The results of an audit can provide leverage for homeowners who are seeking a loan modification, short sale, etc.
‘Leave the Event Knowing How to be a Successful Landlord;How to make money Real Estate Flipping without Breaking any Laws; What to do if you are upside down on your mortgage’
PS: This meeting is open to the public; anyone can attend. Business owners are encouraged to bring their promotional materials and set up a vendor table at no charge; call Mark Maupin at 248-939-6232 to reserve your table.
Event Date: Thursday, 17th June 2010
Event Start Time: 5:30 PM
Event End Time: 9:00 PM
Location: Wayne County Community College Eastern Campus – Cooper Room 5901 Conner; Detroit, MI 48213
Primary Phone: 248-762-0800
Primary Email: info@megaeveningevent.com
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