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	<title>Buy Louisville Rentals</title>
	<link>http://www.buylouisvillerentals.com</link>
	<description>Louisville Short Sales &#124; Louisville Foreclosures &#124; Louisville Real Estate Investing with Anne Mayhugh</description>
	<lastBuildDate>Tue, 15 Apr 2008 01:14:11 +0000</lastBuildDate>
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		<title>Short Sales and Avoiding Foreclosure</title>
		<description><![CDATA[Otherwise titled: &#8220;If you you don&#8217;t know what you&#8217;re doing, get out of the way!
Here in the Louisville, Kentucky real estate market, I&#8217;ve heard rumors that as many as 1 in 4 listings for sale is a short sale.  A scary scenario in any market, but worsened by the fact that most REALTORS don&#8217;t [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=31</link>
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		<title>Wholesaling</title>
		<description><![CDATA[Wholesaling can be a way to make good money in the real estate investment business, but it is not for everyone. Is it for you? Here is a good resource into what wholesaling is and is not.
If you want to know MORE, you can go to the wholesaling post on my blog as well.
]]></description>
		<link>http://www.buylouisvillerentals.com/?p=30</link>
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	<item>
		<title>How do I find a foreclosure?</title>
		<description><![CDATA[Finding a foreclosure property requires a combination of diligence and patience.  Each MLS system has its own set of criteria to be filled out by the listing agent.  My best advice is to call one of the larger real estate companies and ask which agent in the office works mostly with REO&#8217;s, foreclosures, [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=33</link>
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		<title>Is it time to buy an investment property?</title>
		<description><![CDATA[Here in Louisville, Kentucky real estate sales have slowed significantly.  With all the loan program changes for the first time homebuyer, it is getting harder for them to get loan approval.  FHA has decreased the downpayment amount to 1.5%, but many first time homebuyers have trouble even saving up that amount.  This [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=27</link>
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		<title>Are we upside down yet?  Short sales revisited.</title>
		<description><![CDATA[As a REALTOR here specializing in homes sales in Louisville, Kentucky, I am seeing more and more home sellers &#8220;upside down&#8221;.  Upside down means that the homeowner owes more than the property will sell for.  This creates a problem when trying to sell the home since most owners aren&#8217;t able to bring cash [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=29</link>
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		<title>Downside of REOs Part 2</title>
		<description><![CDATA[I am currently working with clients buying an REO home to live in.  They are not real estate investors, so I have had to be very sure they understand the process.  The particular asset management group for this transaction used the addendums to change the inspection period from 12 days to 10, required use of [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=22</link>
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		<title>The Downside to Buying REOs</title>
		<description><![CDATA[REO stands for real estate owned, with the implication that it is owned by a bank or finance company.  With the big up swing in foreclosures, there are more and more bank owned properties listed with the various MLS providers.
What we are seeing here, in
Louisville, Kentucky, are the asset management companies becoming more and more [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=21</link>
			</item>
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		<title>Running Numbers</title>
		<description><![CDATA[It is not hard for even seasoned investors to make a mistake in their property analysis that can be the difference between a positive or negative cash flow.  We all seem to be pretty good at the big items, it’s the details that can kill us. It is important to &#8220;run the numbers&#8221; each and [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=23</link>
			</item>
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		<title>Common Mistakes by Novice Investors</title>
		<description><![CDATA[As our real estate market shifts to a buyer&#8217;s market, and first time homebuyer loans become less readily available, rental properties become more appealing.  Like any other endeavor in life, it must be done correctly.  This article is designed to help investors avoid the most costly mistakes.
First mistake- not having a plan.  I&#8217;ve seen many [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=19</link>
			</item>
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		<title>Buying REO&#8217;s 2</title>
		<description><![CDATA[I&#8217;ve had several calls lately from people wanting to buy &#8220;foreclosures&#8221;.  Many of them have seen or heard commercials that tell them they can &#8220;buy foreclosures for pennies on the dollar, with no money down&#8221;.  I&#8217;ve been in this business a long time, and I wish it was so easy!  Yes, the lenders do have a lot [...]]]></description>
		<link>http://www.buylouisvillerentals.com/?p=18</link>
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