December 2014 >>> Main Monthly Meeting Mortgage Delinquencies up 4% in April Zillow’s Instant Offers Connects Sellers with Investors ClearVue Bed Bug Traps Now Available Rent Perfect Vendors Subgroups A Monthly Insight into Metrolina Real Estate Investor’s Association JUNE 2017 Join Sean McKay from American IRA at Metrolina REIA on Thurs- day, June 15th from 6:00 - 9:00 pm. Please welcome our new Executive Director, The PHP designation stands for Professional Housing Provider, and is a nationwide education-based certification program designed to recognize the high level of knowledge and professionalism among the designation holders. It is sponsored and overseen by the National Real Estate Investor’s Association. The Metrolina REIA is proud to be the only REIA in the Charlotte area to offer the PHP program to it’s members! Metrolina REIA Member & Expert, Sean McKay of American IRA specializes in administering "non-traditional" IRA's. This means that you are able to invest your IRA/401K in more that just securities (stocks and bonds). YOU CAN INVEST YOUR IRA MONEY IN REAL ESTATE, BUSINESSES, TAX CERTIFICATES, AND LEND MONEY ETC. Essentially, you have the ability to invest in almost anything that you would want to. True diversification does not mean a few different stocks. True diversification is a combination of stocks, real estate, private placements etc. Sean's goal is to educate you about all of the ways that they can grow your retirement funds. There are endless tools to grow wealth and unfortunately most people do not know about them. Sean is a real estate investor and his specialty is real estate based transactions. Most of his time is spent working with investors to show them how to optimize their resources. Many of his clients have real estate holdings but there are just as many that like to be more passive with their investing. There is something for you out there too. When Sean does not have his "American IRA hat on" he is working on his own real estate deals.
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December 2014 >>>
Main Monthly Meeting
Mortgage Delinquencies up 4% in
April
Zillow’s Instant Offers Connects
Sellers with Investors
ClearVue Bed Bug Traps Now
Available
Rent Perfect
Vendors
Subgroups
A Monthly Insight into Metrolina Real Estate Investor’s Association JUNE 2017
Join Sean McKay from American IRA at Metrolina REIA on Thurs-
day, June 15th from 6:00 - 9:00 pm.
Please welcome our new
Executive Director,
The PHP designation stands for
Professional Housing Provider, and
is a nationwide education-based
certification program designed to
recognize the high level of
knowledge and professionalism
among the designation holders. It is
sponsored and overseen by the
National Real Estate Investor’s
Association. The Metrolina REIA is
proud to be the only REIA in the
Charlotte area to offer the PHP
program to it’s members!
Metrolina REIA Member & Expert, Sean McKay of American IRA
specializes in administering "non-traditional" IRA's. This means
that you are able to invest your IRA/401K in more that just
securities (stocks and bonds).
YOU CAN INVEST YOUR IRA MONEY IN REAL ESTATE, BUSINESSES,
TAX CERTIFICATES, AND LEND MONEY ETC.
Essentially, you have the ability to invest in almost anything that
you would want to. True diversification does not mean a few
different stocks. True diversification is a combination of stocks,
real estate, private placements etc.
Sean's goal is to educate you about all of the ways that they can
grow your retirement funds. There are endless tools to grow
wealth and unfortunately most people do not know about them.
Sean is a real estate investor and his specialty is real estate based
transactions. Most of his time is spent working with investors to
show them how to optimize their resources. Many of his clients
have real estate holdings but there are just as many that like to be
more passive with their investing. There is something for you out
there too.
When Sean does not have his "American IRA hat on" he is working
on his own real estate deals.
Visit out website at MetrolinaREIA.org
Mortgage Delinquencies up 4% in April
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Black Knight Financial Services recently reported a spike in
mortgage delinquencies that were the largest monthly rise in
more than eight years. Their First Look report for April 2017 is
taken from month-end mortgage performance statistics
derived from its loan-level database representing the majority
of the national mortgage market. According to the report:
First-lien mortgage delinquencies rose by 13 percent, the
largest monthly increase since November 2008
Month-over-month, the number of borrowers past due on
mortgage payments increased by 241,000
April’s delinquency rate increase was primarily calendar-
driven (due to both the month ending on a Sunday and
March being the typical calendar-year low) and largely
isolated to early-stage delinquencies
The inventory of loans in active foreclosure continues to
decline, hitting a 10-year low in April
At just 52,800, April saw the fewest monthly foreclosure
starts since January 2005
Prepayment speeds (historically a good indicator of