The headlines in the news the past six months would make most people believe the world is coming to an end. Our president figured that out this week by doing a 180 and speaking positively about the economy. After talking down the economy for two years on the campaign trail, during his time as president-elect, [...]
Entries from March 2009
Once in a Lifetime Opportunity for First Time Home Buyers
Mar. 20th, 2009
Record of Foreclosure Homes Requests
Mar. 20th, 2009
Here is what you can buy with 100,000 USD on the real estate market in the USA. The decline of the real estate American market has determined, in some regions of the USA the decrease of prices of foreclosure homes by tens or even hundreds of thousands USD according to ABC. Foreclosure homes in Florida, [...]
Home Mortgage Borrowers Are Not That Sophisticated
Mar. 20th, 2009
When lenders develop new loan programs, they assume borrowers are sophisticated enough to understand the product and disciplined enough to use them properly. Both assumptions are bad, and these bad assumptions caused lenders and investors to lose a great deal of money during the housing bubble. Whenever lenders start loaning people money with total debt-to-income [...]
Americans Hope That Obama Can Help Them Get Rid of Homes Repossession
Mar. 20th, 2009
It seems that many Americans hope that the president Barack Obama can help them get rid of homes repossession. Using its right to make decisions within the banks, the democrat administration offers 75 billion dollars for refinancing 9 million Americans who can lose their homes. The president Barack Obama has announced the award of 75 [...]
Land Preservation in Marin County California
Mar. 20th, 2009
Land preservation in Marin County, California, is an important project that is designed to help preserve the world renowned beauty of Marin County. There is a long history of farming and appreciation of nature, so this is an area that understands why land preservation is so important. Fortunately, there is a pride in Civic responsibility [...]
Short Sale Investors: Top 3 Success Tips
Mar. 19th, 2009
Short Sale investing is the least risky and the most leverage strategy for new investors to make money in pre-foreclosure investing generally. However, this is only true if you know what you are doing. It requires literally almost nothing in capital to start investing in pre foreclosure by way of short sale. Many people initiate [...]
Perfect Storm of Opportunity for Real Estate Entrepreneurs
Mar. 19th, 2009
The economic uncertainty that we are faced with right now has created huge opportunities for real estate entrepreneurs. Real estate entrepreneurs need to have the mindset to identify and see those opportunities. The economic crisis has created a Perfect Storm of opportunity for those involved in real estate investing. Apartment rental demand is increasing. Fewer [...]
Real Estate Agent: How the Commission Is Divided?
Mar. 19th, 2009
You may have dealt with a lot of estate agents but did you wonder how your real estate agent gets paid? You surely know of that all the talk about commission, percentages, fees, closing costs etc. are broken down at closing. But, what are his actual earnings? The fact is thatyou are not the one [...]
How The Loss Mitigation Process Can Stop Home Foreclosure
Mar. 19th, 2009
Loss mitigation is a program in which the homeowner has a chance of stopping the foreclosure on his home due to non-payment of mortgage installments. So, if you have been unable to pay your lenders and if your home is in danger of being foreclosed, you can initiate the loss mitigation process and stop the [...]
Buying Pre Foreclosures can Make you Alot of Money
Mar. 19th, 2009
Pre foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank. The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doese not attempt to rectify the situation. [...]