Not Disrupt For Business

download-6In the first part of my “Disrupt or Be Disrupted” series here at REALTOR® Magazine, I introduced innovations such as robotics, sensors, synthetic biology, and 3-D printing and how real estate pros can profit from them. Most often these technologies are quite abstract for people outside of scientific fields. The resulting unawareness, ignorance, or half-knowledge creates grave headlines, sometimes depicting a “Blade Runner”–style dystopia.

But as the founder of the Future Real Estate Institute, I take a different approach. I choose constructivism over fear and research over ignorance. That’s why in this second part of the series, I’ll show you both sides of artificial intelligence and how you might profit from it.

Artificial intelligence is commonly defined as a programmatic system mimicking or transcending human intelligence. While artificial intelligence could also be developed by means of genetic engineering, I want to focus on the programmatic approach. I see a huge vacuum of applications of artificial intelligence in real estate, which creates an opportunity for disruptive business cases.

Artificial Intelligence: Not The End

There’s a lot of trepidation when it comes to this topic, and not just in real estate. In the United Kingdom alone, more than 30,000 jobs in the legal sector have been made redundant by artificial intelligence applications in the last few years, which is a great example of the magnitude of the disruptive force this technology could have upon future job markets. This is one reason for the negative perception of artificial intelligence. Another is simply the fear of the unknown. We cannot really forecast what will happen when we develop more powerful applications that might not be controllable by humans.

Since artificial intelligence can optimize many business processes, assist in research, and automate repetitive tasks, it is economically attractive for governments, institutions, and corporate entities to develop such technology. That’s why it’s vital for brokerages to get in on the game and to develop their own artificial intelligence tools, so they can adapt and create new jobs in order to continue to profit.

Business Opportunities Thanks to the Status Quo Vacuum

There are dominant players in most business sectors, including real estate. Yet, with emerging technologies like artificial intelligence, new players can challenge them. This state is what I call a “status quo vacuum.”

What if you created the startup that finally developed the perfect matching algorithm for clients or the best way to aggregate listing data? Here are some ideas of how innovators in real estate could use AI to change the way business is done.

Seller and Buyer Matching

There are already various platforms offering matchmaking algorithms to pair buyers and sellers. Yet, the models lack holistic data aggregation, learning functions, and adequate parameters. We will see eventually a platform combining it all, making the home search process easier, smoother, and more efficient.

Legal Research and Financial Due Diligence

Companies like Leverton are already using artificial intelligence in semantic language processing, which can read through complex legal contracts and work through financial data, to smooth transactions. This is just the beginning. In the future we will see rapid text and voice data analysis, which can improve market research, competitor monitoring, sentiment analysis, and customer service. Such services may eventually allow real estate transactions to happen faster and at lower costs.

Real Estate for Preconceptions

download-7Prefab’s reputation isn’t exactly fabulous. Studies show consumers associate words like “prefab” and “modular” with mobile homes and double-wide trailers, and they feel factory-built homes don’t offer the quality or diverse options of conventionally built homes. But prefab manufacturers have a new message to share: These aren’t the boxy, plain vanilla, kit-made homes that in the past you could order from a catalog. Today’s factory-built homes, they argue, can be just as stylish and sturdy as homes that are constructed onsite (which are also known as “stick-built”).

They’re not necessarily cookie-cutter either. Computer-aided design allows for greater customization and personalization, offering shoppers the ability to design their new homes themselves. Those interested in smart-home technology and sustainability will be able to seek out those features, too.

 Still, prefab’s public relations problem may be stifling demand. In a 2007 study, the Department of Housing and Urban Development found that limited awareness about advances in factory-built housing—particularly regarding its visual appeal—was dampening the style’s growth. But that could be changing, according to Fred Hallahan, a housing consultant with Hallahan Associates in Baltimore who specializes in prefab research. “The general public—and that includes real estate professionals and builders—have a big part in helping to change the perception of what modular and manufactured housing means today,” says Hallahan. “Prefab housing has the same degree of aesthetics and function at the same price—or maybe even lower price” than traditional homes.

“This is not your grandma’s double-wide ranch. We try to break new ground in what’s achievable in modular construction,” says Brian Abramson, cofounder of modular-home builder Method Homes based in Seattle, citing features such as vaulted ceilings and curbless showers. Abramson’s company offers styles from modern to traditional and is able to combine factory-built modular units with onsite construction elements to meet customers’ design requests.

Architect-led customization is helping these homes shed the homogeneous label. “We’ve never built the same exact floor plan,” says Steve Tuma, president of Landmark Home & Land Co. in Michigan City, Ind., which sells panelized home kits for anywhere from $50,000 to $10 million. “Every customer is different and has different needs. The belief that prefab is a production line that doesn’t want to change is untrue. We take advantage of having a production line, but we give customers what they want.” Home shoppers work with a design team to customize more than 2,000 of Landmark’s standard plans. Like other panelized and modular companies, Landmark also ensures each home adheres to local and state building codes.

Center Boom For Greatest One

images-1The booming data center property market creates opportunity for real estate professionals who can learn the field, mastering information technology and engineering issues. But this wasn’t always the case, according to Pat Lynch, managing director for CBRE’s data center solutions division in Denver.

“Five years ago, it was difficult to get a commission for tenant representation” in the data center space, Lynch says. “Now certain data center REITs aren’t just paying us commissions but are sponsors of our events and attending our conferences. There’s an embrace of well-run brokerages.”

The strength of the sector is illustrated by the returns on REITs. The FTSE NAREIT data center index returned a whopping 33.17 percent in the first seven months of the year, trailing only the industrial sector, where REITs returned 33.18 percent.

“Banking, trade, insurance, retail sales, social media—all that information [which goes through computers and mobile devices] is processed and resides on servers, including data stored on the cloud,” says Bo Bond, managing director of JLL’s data center solution business in Dallas. The facilities storing those servers “are a very important part of real estate,” he says.

Companies with major offerings in cloud computing—such as Google, Microsoft, Amazon, and Oracle—need their own buildings to house these servers. Companies with less of a need can rent space in colocation facilities. Even the smallest of businesses need data center space for securely storing customer information, hosting websites, and managing transactions.

“Everything is being done online,” Lynch says. “For companies big or small, cyber security is important. Financial services are a large component of our pipeline, so is healthcare.”

These companies have specific needs for data center space. The massive power needs of the machines housed in data centers requires robust, reliable air conditioning systems to keep the machines from overheating. This means buildings also have to be secure and have a tight envelope. However, that hasn’t stopped some developers from adapting old industrial buildings from the 1920s and 1930s and turning them into data centers, including the Lakeside Technology Center in the near south side neighborhood of Chicago, a former printing plant that was converted into a 1.1 million square foot space serving the city’s commodity markets.

The biggest markets supplying data center space include New York, New Jersey, Dallas, Silicon Valley, and Chicago. But the biggest market for this niche is immediately west and south of Washington, D.C., due to both historical and monetary reasons. “Northern Virginia is the epicenter of the internet, which grew from there,” says Tim Huffman, director of Colliers’ technology solutions group in Atlanta. “The cost of power is 40 percent less than the national average and tax incentives are robust.” Energy costs are a major issue due to the cost of running the servers and the climate control issues faced by these large warehouse spaces. Lynch adds that Northern Virginia has earned its spot at the top of the data market due to the types of companies it serves: “The government creates demand, there are a lot of technology companies in the area, and it has proximity to Europe.”

What You Should Know About Houses This Year

What You Need To Know When Investing In Real Estate? When you are planning to invest in properties, houses and real estate in Portugal, then make sure that you do more research first and consider everything there is before you make a decision. Here are some important points that you should take note when investing in Portugal. If you keep on paying monthly on your rent in Portugal, then it would be a good idea that you consider buying real estates right away. There are certainly a lot of real estates that you can easily find in Portugal, so make sure that you look for great deals as you invest. Keep in mind that there are different features that are offered by various properties, just make sure that you choose the one that is ideal for you. When you are planning to build a retirement home or vacation house for your family, then investing in Portugal property is certainly a great choice. Aside from this, there are a lot of great destinations that you can visit in Portugal. When you plan to buy real estate in Portugal, it is also important that you consider factors like easy access to transportation systems, hospitals, and supermarkets as well.
Questions About Properties You Must Know the Answers To
When you invest properties in Portugal, then you should not worry about the weather. You should know that Portugal has low humidity conditions and this would be great for you if you want year long sunshine.
A Quick History of Sales
There are hundreds of reasons why a lot of people have already considered buying properties in Portugal especially when they want to experience interesting outdoor activities. The outdoor activities that you would get to enjoy with your family and friends while you are on a vacation are fishing, surfing, relaxing on beaches and climbing on mountains and hills. There are also hiking and biking activities that you might also want to try. Each season, there are activities that are suitable for every family member. Another thing that you should also consider when buying a property in Portugal is the security. This is important especially when you have family and kids. Keep in mind that you should make sure that the location is safe and secure and consider choosing a safe environment before you make a decision. Be sure that you also consider having loving and caring neighbors. It is therefore best that you consider all the important details and features when you are looking for real estate in Portugal. It would be a great deal for you if you do more research about Portugal properties as well. There are also many luxurious properties that are for sale in Portugal, so make sure that you check the location first and choose a place that you really want. Don’t wait any longer! Get that dream house you want in Portugal!

Getting Down To Basics with Homes

The Reasons for Investing a Property in Portugal When you would have a property investment in Portugal, you must understand that there are several locations that you can actually choose. You must know that Portugal has great chances for the possible DIY investors that want restoration properties to apply like the vacation houses. The old towns may provide big deals on the restoration properties where you may have an agreement that is as small as L10,000. You should know that the deluxe villas in the popular towns could be yours from L90,000 up to L160,000. The many locations that are worth discovering for such purpose of buying property would actually include several resorts. The time that you need to invest on the Portugal property investment is actually now since the rates have observed a sharp boost and the specialists have also predicted that strong competition between the Portuguese investors in the coming future as requirement will outshine the territory supply. You must know that there are actually no restrictions on the ownership of foreign property. The method of property purchase in Portugal is quite direct. When the buyer has found a great property the next thing that you should do is that you must hire the services of the attorney who will guide and also assist the buyer through such process.
Discovering The Truth About Homes
The task of the lawyer will often include drawing up the contracts and also initiating the method of inspecting the tile of the property to ensure that there are no legal snarls that will come up following the transfer. The search would be made to check the land registry title in the local municipality and another search at the Inland Revenue to ensure the tax registration on the property and that there should be no unpaid charges. A fiscal number may be acquired for you through such local tax office because this will be required for different transactions in Portugal.
The Ultimate Guide to Options
When the buyer is satisfied with such property and makes the decision to have a promissory contract, the details of such conditions of sale as well as other agreements about the transfer can then be drawn. If this has the signature and notarized, the parties would be bound to get such transfer through. One must deposit 10 to 30 percent of the purchase price and the parties must agree with the notary and record the date for the completion of such property purchase. The next task of the buyer is to pay the municipal property tax. Know that the transaction is going to end with the execution of the Deed of Purchase and Sale which is signed infront of the notary and such is then recorded. Also, the balance of the purchase price is being paid based on the provisions of the promissory contract. The property is then going to be registered in the name of the new owner of the property. This is the completion of the transfer.

What You Should Know About Options This Year

Certain Things You Need to Consider Before Buying a Home

Having a place that we can call our own home, is definitely one of the best feelings ever. Especially if we have been living for a very long time in a moldy, dirty and old apartment previously. A lot of people mostly persevere and dedicate all of their hard work to buy a roof on the top of their head and for their family as well. Although, you may have the money to buy a new home, you seriously need to first consider some specific things before you buy one.

While a lot of individuals may tell us that it is easy or simple to buy a home, it is ideally not really the case, most especially if you are needing to buy a home that would last you for a life time, instead of something temporary.

You need to first check and inspect every corners and opening of every room of the home, and you should not be afraid to walk out, if you would ever find some bad discrepancies, since there should be a lot of homes that is for sale in the real estate market.

Using your nose can mostly help you know if the house is well taken care of and if you can smell some molds or other nasty or weird odors, then run out of the door and find a new potential home that you can check out instead.

If there are no weird smells or odors in the house, next thing you need to check are each and every house essentials such as the water lines, kitchen, toilets, air conditioning system, and other important home essentials, if you ever discover even a single one of the home essentials not working then you should walk out and find a much better home that is for sale.

Although, if you do not know how you will be able to check for discrepancies on the home, you should consider hiring for the service of a professional such as a home inspector, where he or she will be able to locate all the issues within the home.

If you finally found a highly potential home to buy that does not have any crucial issues, then you are indeed one step closer to buying a place you can call home, one final thing that you need to do is to negotiate for the final price of the home. This is ideally due to the fact, that each and every realtors would probably sell the house they are handling in a higher price instead of its real market price, so do not be shy to negotiate with him or her, or if you do not want to negotiate yourself, then you can also get the services of a professional who would do the negotiating for you.

Source: homes for sale in Wesley Chapel

The Ultimate Guide to Manufacturers

Effects of Technology on Real Estate The speed that the world has been moving in the direction of development is amazing to anyone who has interest. Life on earth has been rendered to cheap and enjoyable due to the various human invention that has been experienced in the last few centuries. Countries around the world are known to be competing on the basis of sophistication of machines that have rendered life on earth to be simple since the time of industrial revolution. People are known to have used various mechanisms of ensuring the lives of people are bearable on earth. Exploitation of various resources on the surface of the earth have been a great breakthrough due to invention of machines that make work easier, where areas that were considered to be hard to reach with the help of machine all is possible. There has been population outburst over the last few decades, in this case, promoting increase in demand of goods and services to cater for the population needs. So as to ensure the needs of the growing population are met, various manufacturer companies have come up to produce quality products for the various use. There is a great relationship between income and spending, due to increase companies, this has promoted to increase in income of people over the last few decades hence increasing their spending habit. Companies have been mushrooming to meet the needs of people, for instant mobile home manufacturer that were not popular in the past are known to have come up to meet changing needs of people. Competition among manufacturing companies have been experienced over the last few years, due to limited market for their products. Many manufacturing companies are known to have come with various quality and affordable products for their customers, this is mainly contributed by increase competition of various manufacturing companies. There are various variety of products in the real estate sector to meet the increase demand of the housing. Therefore, due to changing lifestyle and the nature of work that require one to keep on relocating every now and then, most people are preferring mobile homes for the purpose of convenience.
Getting Creative With Homes Advice
The tastes and preferences is known to be dynamic, there are usually new things in the market for the manufacturers and entrepreneurs to take advantage of. With the increase demand in the housing sector, there are various already manufactured house for sale that are built to cater for the increased demand. Many manufactured home builders usually have a financing structure to ensure their services are affordable to their customers, in this case, one need to arrange on the mode of payment. Furthermore, in the twenty-first century one will have to blame he/she of not owning a home due to increased affordable services from real estate companies.Where To Start with Manufacturers and More

The Essentials of Investments – Revisited

A Guide to 1031 Investing

Investors are usually faced with challenging situations in making quality decisions on areas of investments so as to be assured with the best gains bearing in mind that one is required to make tax payments on profits made from a certain investment. 1031 investment guidelines were introduced to provide investors with good grounds within which they can invest their intended properties and end up deferring taxes by reinvesting the gains into another similar property resulting to quality and beneficial investments. Thus, it is essentially crucial for all investors to make an effort in reading through the latest reviews on the best investments using quality 1031 exchanges which will definitely assure one to make the best investments.

Highly reliable 1031 investments tends to be complex procedures but flexible once understood, since one is required to relinquish the property and as well obtain another property with similar features to replace the dispose property making it possible for investors to gain more wealth. It is unbelievably true that the amazing 1031 investing procedures enable the investors to be fully engaged in a specific line of business using similar investment strategies since the property sales gains are redeployed into similar properties with greater investment scales. The beauty about the important 1031 exchange is the fact that investors are expected to have a comprehensive study of the real estate markets so as to ensure that reinvestments are carried out when the prices are comparatively reduced.

It is unbelievably true that the available 1031 investment rules provide the best grace period for the investor to conduct a comprehensive research of the transaction, identify the seller and purchase the new property for validity of 1031 investment exchange. In addition, the beneficial 1031 investing procedures assure investors restrictions in the property invested which involve; notes or bonds, securities or dept, interests gained from partnership, stocks and trust certificate making it easier for the 1031 codes to be valid. Highly trusted 1031 investment procedures require the price difference after purchasing the replacement property at a price lower than the disposed property to be fully taxed for compliance with tax laws.

The fascinating thing concerning the highly trusted 1031 exchange is the fact that the equity obtained from the specific transaction to be fully reinvested in targeted property since the purchase new property is required to be greater than or equal to the relinquished one. In addition, the caring investors in 1031 investing make sure that they incorporate highly qualified intermediary companies who ensure that all the funds involved during the transactions are handled and transferred professionally until the closing agents are satisfied. Lastly, the dependable 1031 investment codes provide clear details on the functions of the best intermediaries which include provision of proper documentations on the 1031 agreements that relate with the specific transaction and tax records incorporated.

Source: http://www.yourfinanceformulas.com/2017/01/maximising-your-profit-from-that.html#.WHyT5LaLTMU

If You Read One Article About Resources, Read This One

All you Need to Know on Passive Investing

We all would like to be able to invest from time to time, investing gets to make sure that you can be able to make some money and also some profit on the money you have invested, therefore, getting to make the right investment choice will make sure that you do indeed get to have something to be proud of. Wisely investing is all that anyone should do, getting to make sure that you can be able to make wise decisions will make sure that you have an easier time at making sure you succeed, it is always best to look for ways that have lower risks thus being able to avoid losing much money.

Amongst the best risk free means you can be able to invest is through passive investing, to some, this might not be the best, but it ensures that you get to have fewer deductions, it will all be affected by the choices you make, passive investment is mostly conducted within properties. That is, you will be able to rent out properties just as you would in triple net leasing, therefore, your tenant will be the one who will always get to deal with the tax, insurance and also the maintenance charges, all of these will be not included in the rent attained.

Therefore, you get to find that passive investment has become a choice for many, the problem, however, will come in when you do not have a space in which you can be able to rent out, some organizations like 1031 Gateway will make sure that you can be able to find a space in which you will be able to rent, the property can be theirs or even yours according to your preferences and you will be able to make profits. It gets to make sure that you can be able to invest, make some profit while you are also able to pay them a reasonable fee, likewise, they will be able to guide you through the entire process.

When investing, you need to make sure that you will be able to be more patient, doing so ensures that you can evaluate each and every situation without rushing; therefore, you will find that the decisions you make will be sound, more so, they will be the best since you have been able to take some time and weigh everything. Therefore, also get to make sure that you can be able to invest in more than one areas, doing so will ensure that in no time, you will be able to make some profits.

Source: http://www.multimillionaireroad.com/2016/12/the-long-road-to-successful-investment.html#.WF0GRraLTMU

A Beginners Guide To Investments

Why People Choose Passive Investing

A lot of experts in investment recommend the use of diversified index funds whenever someone decides to engage in passive investment. People would think it is too meticulous but for those who are cautious when it comes to their finances, it is a template for successful investment. Nothing is too much with regards to investment.

What is the easiest definition of passive investment? It is the opposite of active investment since the investor does not have to track his investments all the time.

According to experts, one of the exact definitions of passive investment is investing with little involvement to purchasing or selling activities. Passive investors would acquire stocks or invest in a business far longer than those who are doing active investment.

Stock market experts are also calling passive investing as buy and hold strategy while others refer to it as couch potato strategy. Aside from doing complete initial research and using diversified portfolio, passive investors require a great deal of patience for this strategy. This is not the case for active investors who are being opportunistic to the changes in the stock market. It is a notion that passive investment would be more profitable if it is a long-term investment.

Passive investors are free from the stress and hassle of predicting the stock market as well as tracking the stock prices real time. However, the focus in passive investment is a diversified asset classes or indexes in which each asset can produce average returns for the investor instead of just focusing on a couple of stocks which active investors do. Passive investors are also relying on market information which is not important for those who are engaging in active investment. They acquired their portfolio asset indexes that meet the standard risk and return ratio backed by empirical studies. The diversified asset classes are long-term investment which passive investors would re-balance periodically.

The main focus on active investment is to search the best deals in the stock market through the superior human intelligence of the investor. The potential of making money quick attracts the investors to rely on active investment. Active investors could buy and sell multiple stocks daily if they can get better deals from the attractive stocks in the financial market. They believe that they can earn more profit through active investment compared to waiting for an average market returns. In order for them to achieve their goals, they would actively search for valuable information which they can use to circumnavigate the complex trading systems.

There are a lot of people who are now engaging in passive investment due to the consistent average returns with little risk on their investment. Experts recommend investors to secure a reliable results from the empirical research for an efficient passive investment.

Source: http://www.theculturesupplier.com/inspire-to-be-inspired/boost-quality-lifebenefit-business-build-finances/

Where To Start with Options and More

How to Invest Like a Pro

Investing is something everyone should get to consider, by investing, you always get to ensure that you can have another means of making money or even another means of income, therefore, you can be able to always plan on how you can make use of your money or even how you can be able to make more money. If you have made your decision to invest, you always need to make sure that you will be able always to stay focused, doing so makes sure that you will be able always to have your eye on any opportunity that might arise, therefore, you will be able to ensure that nothing gets to pass you by.

As a young investor, you will need some guidance to ensure that you can succeed, anyway, you can be able to succeed by yourself, but it is better, and you get to take a lesser risk with some guidance from a friend or even a relative. Furthermore, it gets to save you more money and time, you will not need to test out many means of getting to make money, by learning from someone you get only to invest in places which you are sure that you will make some income, likewise, you will be able to learn on how to make some wise decisions.

At times, you might not have someone with whom you can refer to for some investing advice and clues, however, you can make use of the internet to figure out the best investment opportunities, doing so will make sure that you get to make some profits step by step until you become good at it. The internet always has an abundance of information, meaning, you will be able to find solutions to most problems, the only thing you should take note of is that you might get some fraudsters, therefore, get always to make sure that you can evaluate any organization you might find being great in investing.

Therefore, getting to look for the best means of investing can make sure that you become good at it, more so, you can be able to make profits out of the investments conducted, amongst the means through which you can invest is through the means of 1031 Gateway. Getting to look for such organizations will ensure that you have found a reputable investment in which you can get to make some money, likewise, you will be able to ensure that you can make your investment choice be it in property or even getting to know how much you can get to make.

Source: http://www.multimillionaireroad.com/2016/12/the-long-road-to-successful-investment.html#.WF0GRraLTMU

Why No One Talks About Services Anymore

How to Invest Wisely

Investing gets to make sure that you always can be able to save up some money from time to time, more so, you will be able to always be accountable for each penny that you spend, it is always a great idea since it gets to make sure that you indeed know what it is that you are doing. Therefore, after making the decision of investing, you can be able to make sure that you have another income of money, meaning, you can be able to make more money from time to time thus making sure you spend it wisely, you might get to find people without money, but they have been able to invest it wisely.

Therefore, after you have been able to make your choice that you will invest, get to figure out the best means of being able to make money without encountering any losses, doing so makes sure that you will be earning profits from what you have invested in at all times and at no given time will there be expenses to the investment you have made. The investing will always get to favor you such that you never at any one given a chance get to make any losses due to expenses, all that you make will be profits without any expenses.

By making wise investment decisions, you get to find that you will be able to make more money while also going on with your full-time job, therefore, you will be able to make more money which you can be able to gain more investments with. Likewise, without having to pay any bills with triple net leasing, you will have to lower the rent which will also work to your advantage, tenants always love having to pay a cheaper price for better quality, more so, with the space you have rented out, you will be able to make sure that it will be up to the tenant to cater for the maintenance costs and also insurance which will not be a part of the rent.

Therefore, investing requires you to make some wise decisions thus making sure you can be able to make more out of it, getting to ensure that you can invest passively will ensure that you can grow much faster thus being able to make use of the profits you are gaining. While investing, you will need to be able to make some sound decisions thus being able to evaluate the current market and know which investment will be of help and which will not.

Source: http://www.theculturesupplier.com/inspire-to-be-inspired/boost-quality-lifebenefit-business-build-finances/

Avoid Foreclosure Launches Campaign To Raise Awareness Of Homeowners’ Rights

FOR IMMEDIATE RELEASE

(Houston, TX)–While 2016 saw a decrease in foreclosures from the previous year, the number of homes in foreclosure in the U.S. remains high. According to a recent estimate, over 847,000 homes are currently in foreclosure, with the highest rates in New Jersey, Illinois, and Delaware. In an uncertain economy, anyone may experience a sudden change in circumstances that could lead to missed mortgage payments. To help homeowners deal with this potential crisis, the website Avoid Foreclosure at has launched a campaign to educate homeowners facing foreclosure about their rights and options.

Said company spokesperson Guillermo Coronado, “What we’ve observed is that homeowners in distress often turn to their bank or mortgage lender to try and resolve a problem with late or missed payments. Many people have the mistaken belief that the bank is their ally or that their years of timely payments will motivate banks to help them out when they run into problems. But this way of thinking turns out to be a trap for homeowners because, unfortunately, banks are only too happy to take back homes and resell them. They’ll make more money that way in the long run.”

To help homeowners avoid this trap, Coronado and his team are seeking to raise homeowners’ awareness of their rights and their options for avoiding foreclosure. The website features state by state foreclosure laws and guidelines at Each section outlines the process for judicial and non-judicial foreclosure and detail the factors that determine which type of foreclosure will take place. Said Coronado, “We want homeowners to know that foreclosure is not necessarily inevitable, even if they have received a notice from the lender. In many cases, homeowners will still have a small window of time in which to turn things around. The sooner they contact us, the better.”

In addition to the state-by-state guidelines, the website also publishes a blog at The articles currently posted explore some state-specific foreclosure laws in detail as well as offering information on grants, short sales, bankruptcy, and other foreclosure-related topics. Avoid Foreclosure encourages readers to call and speak with a foreclosure expert who can answer questions about their individual situations. Concluded Coronado, “When our clients call us, they find compassionate and highly informed listeners who will help them get started right away on saving their home. We want everyone out there who is facing foreclosure to know that there is still hope.”

About Avoid Foreclosure

The Avoid Foreclosure team comes from a mixed background of foreclosure specialists, real estate investors, marketers, and short sale experts. With their combined knowledge of the industry, it is their mission to help innocent people avoid foreclosure all across the United States. From the biggest cities to the smallest towns, no one knows what tomorrow will bring in the current economy. The Avoid Foreclosure team provides everything homeowners need to know in order to stop foreclosure and remain in their homes.

Source: http://www.sutelemundo20.com//story/34273937/news