SHORT SALES IN TODAYS MARKET With more and more people in trouble with their mortgages, property values down and foreclosures through the roof, short sales are becoming a growing trend. Loss mitigation personnel at the banks are inundated with at up to TEN times the volume of requests they have been accustom to. The process (already long and tedious) has slowed to a crawl. More importantly than even this information is the fact that all of the BAD people have come out of the woodwork as well. Scammers taking […]
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WHEN DO YOU KNOW YOU HAVE ARRIVED?
October 17, 2007 in RESIDENTIAL R.E.
WHEN DO YOU KNOW YOU HAVE ARRIVED? I recently picked up another book on real estate investing and have finished the first 100 pages. Nothing new has been forthcoming from those pages . However, many things have refreshed my memory and have been returned to an area of my consciousness where they resided some time ago. At that time (some years ago and some more recently) I was pleased that they were at a heightened consciousness. This was so because they served to motivate and enthuse me to greater […]
STEPS TO HELP FAMILIES KEEP THEIR HOMES
August 31, 2007 in RESIDENTIAL R.E.
PRESIDENT BUSH ANNOUNCED STEPS TO HELP FAMILIES KEEP THEIR HOMES AND REFORM THE MORTGAGE FINANCE INDUSTRY Fact Sheet: New Steps to Help Homeowners Avoid Foreclosure President Bush Announces Steps To Help American Families Keep Their Homes And Reform The Mortgage Finance System Today, President Bush Announced Steps At The Federal Level To Help Homeowners In Need Of Assistance Avoid Foreclosure. These steps will help homeowners having difficulty paying their mortgages and ensure that the problems now disrupting the housing industry do not happen again. The fundamentals of America’s economy are […]
August 25, 2007 in RESIDENTIAL R.E.
INVESTORS AND FINANCING IN THESE TROUBLED TIMES In light of the difficult times in the financing market, I thought it would be helpful to provide some information that I think could be of great assistance to investors. Here is some great information in bullet point format. No editorial info. Just good stuff 1.   Credit scores above 720 are critical for 95% funding and interest rates that allow for purchases that can make sense. Get your credit repaired! 2.   In conjunction with the 720 credit score you will be required to […]