Real Estate

Becoming a Foreclosure Consultant

A foreclosure consultant is a professional who offers to help you solve your foreclosure problems. They can do this in a number of ways, including: • Postpone or stop the foreclosure sale • Obtain a homeowner forbearance, which is when the foreclosure counselor causes the homeowner’s mortgage payments to be postponed for a short period […]

Real Estate

MLS flat rate listing, the pros and cons

What is a flat rate Multiple Listing Service (MLS) quote? MLS is an all-inclusive database shared by local real estate agents. Agents can access this database to find exactly what their buyers are looking for. This resource provides real estate agents with a significant advantage over anyone who sells on their own. In fact, more […]

Real Estate

A brief biography of Armando Montelongo

Armando Montelongo was born in 1970 and grew up in San Antonio Texas. He co-founded Montelongo House Buyers together with his brother, David, and now presides as president of the company. Armando’s main company is called Montelongo Worldwide Incorporated and is based in his hometown of San Antonio, Texas. This small Texas family ran a […]

Real Estate

Alternative Commercial Mortgage Lenders: Hedge Funds and Private Equity

Hedge funds and private equity firms are investment companies created by Wall Street investment banks and financed by wealthy individuals and cash-rich corporate entities. Unlike standard publicly traded mutual funds, hedge funds are largely unregulated and have much more leeway in their investment options. Many of these funds have recognized the opportunity that has arisen […]

Real Estate

Real estate characteristics

Real estate has several unique characteristics that affect its value. There are economic characteristics and physical characteristics. Real estate is a product that is bought but differs from everything else due to the characteristics that will be discussed here. The economic characteristics that influence the value are scarcity, improvements, permanence and area preference. The scarcity […]