They are a Canadian wholesale currency broker and their focus for the last 10 years has been to work with Canadians buying/investing in property in the US as well as overseas.  They are typically 2-4% better than the bank rates which can be a significant savings.  The great thing about their service is that they charge no commissions on their rates, they can watch the live market for our clients, and they are a secure and simple alternative to help with your foreign exchange needs.

 

For more information, website is: www.globexfx.com.

 

  I like to keep my customers happy that’s why I like this company so much  their rates and their service.  If you have any Canadian clients, all it would take is for them to contact Kingsly  via email or phone to get a no-obligation competitive quote, or to see how we can help maximize their purchasing power.

 

Kingsley’s toll-free direct line is: 1-877-423-2217.

 

Have you heard about the cash for keys?  Depending on what bank we’re talking about there is no rhyme or reason to it.  Banks don’t realize the loss until the foreclosure is done.  So they will wait for 5 more to close then release 3 more homes.  This makes sense the banks are trying to make sure the FDIC doesn’t come in to take their bank.  Banks don’t want to become insulvant.

Depending on which bank you have as a lender perhaps your bank will offer you 1k or 5k. for cash for keys.  Which means you leave the house in broom clean condition and all appliances stay.. There is much more to it but you’d have to check with your bank.

http://remaxmap.remaxbeta.com/

I could seat and watch this map all day long.  I don’t have the time to just sit around but I’ll put it on my office screen and it’s amazing.  it’s meant to show how people are searching all over the world just to see what is available in Las Vegas,

If you’re interested in a more complex search go to my personal web site at www.Pennysproperties.com or give me a buzz at 702.321.9383… Enjoy your life

This is valuable information when it comes to the knowledge of foreclosures and how much time you have to get out.. (per say) every situation is different. 

Usually the minimum time frame for the standard foreclosure process is three months plus 21 days after recieving th ‘Notice of Default”.

There is also a 35 day “right to reinstate” perdiod.  All that means is during this 35 days the lender must reinstate the loan if it is brought current which includes payment and all and any fees that occured.  What happens next is from day 36-90 days is the redemption period.  where the lender may reinstate the loan, but is not required to.  They could request the loan be paid in full to retain the property. After the next 21 days is called the pubising period, which in other words is the notice of sale. The notice of sale is required to be published. 

Short sales do not have to not apply to how the foreclosure method works. 

My office at RE/MAX Experience  has many investors looking to buy short sales if you’re interested in finding out more information.