Des Moines Investor Buyer's List http://www.InvestmentPropertyDesMoines.com

We BUY Short Sale Properties - Call us if you NEED one bought! 515-240-8582 We can make an offer within 24 hours.

You may have heard a lot recently about Des Moines short sales and be asking yourself what is a short sale? Certainly with the increase in mortgage delinquencies and foreclosures, there have been many more short sale opportunities. A short sale is sometimes called a pre-foreclosure sale, and that describes one aspect of it. It is a house sale that takes place before foreclosure is completed, and thus it avoids the property going into full foreclosure. The reason it is called a short sale is because the money paid for the house is short of the amount that is owed on the mortgage. You may be wondering why any lender would agree to such a deal. After all, they are legally entitled to get the whole outstanding amount that is owed on the mortgage. The way they would normally do this is by foreclosing on the house, and then selling the house for more than the debt. However, normality has taken a backseat recently, with the plummeting house prices, and many houses are not worth the amount that is owed on the mortgage. As a result, the short sale may be the practical answer for the lender to minimize his losses. It has been calculated that every house which goes to foreclosure costs the lender more than $50,000, with legal costs, the paperwork and the reselling, etc. If the lender can instead sell the house for a little less than is owed, he may find that an attractive proposition. It also provides money for him more quickly than foreclosing and then trying to sell the property. In case you were thinking that this is a good way to pay less for your house than you owe on mortgage, then you should be aware that a short sale can only be made to an unconnected third-party, and not to your Uncle Charlie who could then sell it back to you and thereby reduce your debt. The advantage to the present owner is that he can avoid foreclosure and consequently he ends up with less of a blot on his credit record.

It's not until you move away from Iowa that you realize what we have here is special....
Beggar's Night is coming...and for those of you not in Des Moines, Beggar's Night is the night that the kids take to the streets and go trick or treating. Though the 31st is Halloween, each town in the Des Moines area picks what night will be "Beggar's Night". Around the country kids are saying "Trick or Treat!" and claiming their candy prize, but we do things a bit differently here. We do things right....

New to Des Moines? Be prepared:
1) Kids in costume ring the doorbell
2) Homeowner answers...
3) Kids say "trick or treat!"
4) Kids then tell their BEST joke, usually something simple, and then wait to see if the homeowner is amused.
5) If the homeowner likes the joke, then...
6) The kids earn their candy!

Have a Joke to Share?

I can only think of one right now...if you know a good one, leave a comment with your joke!

Why did the boy bring the string to the game?

To tie the score

Des Moines Area Beggar's Night Times

Clive: 6-8 p.m. -- October 30

Des Moines 6-8 p.m. -- October 30

Grimes: 6-8 p.m. -- October 31

Granger: 6-8 p.m. -- October 31

Johnston: 6-8 p.m. -- October 30

Urbandale: 6-8 p.m. -- October 30

Waukee: 6-8 p.m. -- October 30

West Des Moines: 6-8 p.m. -- October 30

Windsor Heights: 6-8 p.m. -- October 30

For more areas around Des Moines, check here

Have more questions? There are definitely more answers. Feel free to connect with me via Facebook, Twitter, Text, Email, or by cell. I’m happy to help.

Thanks to kcci.com for the Beggar's Night Times

Photo Credit: ctk

Lovely split-level home. 3 nice bedrooms. Nice back yard. Wonderful neighborhood. Easy to get to places (close to Lawson Elementary School, Wallace Elementary School, Johnston Middle School, Johnston High School) cable and phone jacks in 2 of the bed rooms. 1/2 bathroom on main level. Good floor plan on both levels, neutral color throughout. To directly access this property, use this shortcut: http://www.fizber.com/iowa-buy-single-family-home-11648508.html

Rent To Own! 50% rent credit! 3 bedroom 2.5 bath 1368 sq ft home plus a finished basement in Ankeny, Iowa! The home sits on 1/4th of an acre lot with a huge landscaped backyard! The stone patio is attached to the huge deck and there is a playground in the backyard. There is a big eat in kitchen, fireplace, incredible open floor plan. There is efficient electric heat and A/C and there is city water and sewer. Rent is only $1500/mo and first months rent and money down required to move in. Please contact us with any questions at www.50statesrent2own.com. Until next time....

Pete Olsen

Rent To Own Homes, LLC

www.50statesrent2own.com

www.activerain.com/blogs/peteolsen01

This year, 2009, will mark the third year I've had the honor to volunteer to assist in the Memory Walk sponsored by the Alzheimer's Association-Greater Iowa chapter. Alzheimer's affect so many people which makes this a very important event. Just today I had a client in my office whom I invited to participate in the walk. He had to decline because the very same day, he would be attending his grandmothers funeral who was coincidentally, an Alzheimer's sufferer for many years.

The walk will commence at Des Moines Water Works Park. Walkers may enter the park by taking Park Ave south to Valley Dr. and by entering the south exit appx. 1 mile off Park, across from the Racoon Valley soccer fields. You will then go left appx. 1 mile more. The way should be clearly marked.

This year's 2009 Memory Walk is sponsored by Care Initiatives. All Memory Walk donations benefit the Alzheimer's Association, the leading voluntary health organization in Alzheimer care, support and research. The walk begins Saturday, September 26, 2009 - 8:00 AM Registration Starts, 9:00 AM Opening Ceremony, 9:30 AM Walk Begins, Vendor booths open and activities continue until 11:00 AM.

You can register yourself or a team by clicking on this link, 2009 Memory Walk, or by just showing up! Last year Alzeimer's.org was able to raise $584,000 nationally through its Memory Walk initiatives. If you have the time and are able we'd love to see you there on Saturday!