Course details
Dr. Dani Babb and Bill Nazur, co-authors of the Entrepreneur Press book "Finding Foreclosures" published in partnership with RealtyTrac, and market commentators for CNBC, Fox News, MSNBC and NBC, take you through a comprehensive look at the real estate market from the early 2000s to today, including the lead-up into the early 2000s real estate bubble, the causes of the price run-up, and the subsequent "burst of the bubble" that followed.
Most importantly, we answer the tough questions: What is the market like today? Is this a good time to buy a home to live in? What about to invest in? How do I know if I am overpaying, or if I am getting a good deal? If I have bad credit, can I still buy? How do I get a loan in this market and are interest rates going back up? How will that impact my purchase? We answer these questions and many more throughout this class.
We provide lots of resources so you can learn how to analyze the market yourself, what to look for and how to calculate risk. We also answer a fundamental question - are we in another real estate bubble? If so, how do we avoid being caught in the downturn? Insightful advice from two real estate professionals who are not pitching a particular agenda or trying to sell you a house.
Most importantly, the course focuses on how to use what we know from the past and invest in today's real estate market, whether to live in as a primary residence or as an investment property. The goal of this course is to help you determine if you want to invest in real estate today, how to secure funding, and avoid pitfalls.
We walk you through the current market, the types of homes you can invest in, the mortgage markets and how to secure financing, what to expect and be prepared to document for a loan, analyzing criteria for investments, managing your own investments, and whether REITs are a viable option. We walk through the pros and cons of owning versus renting, the tax benefits that may be helpful, and how to avoid the pitfalls in investing in the current post-bubble market. We advise as to the likelihood of securing lending if you are self employed or have bad credit and what to do if you had a short sale or foreclosure.
We help you learn the tools to analyze whether you are getting a good deal and how to negotiate your purchase.
