Forget the subprime-mortgage borrowers. This latest wave in the foreclosure crisis is hitting homeowners hurt by unemployment.
And guess what? You don't qualify for Obama's loan modification program if you are unemployed.
Read more in this article from Newsweek => http://www.newsweek.com/id/220080
Thursday, October 29, 2009
Saturday, October 10, 2009
How to buy an REO
If you deal in REOs, like I do, then maybe this video hits home in a funny way. Anyway, it's hilarious.
Wednesday, October 7, 2009
Henry S. Miller Brokerage, auction firm to market distressed commercial properties | News for Dallas, Texas | Dallas Morning News | Dallas Business News
Sunday, October 4, 2009
Get Started on the Path to Wealth
As investors, we all know that right now it is one of the greatest times in real estate history to create massive wealth. Everyone is searching for those perfect real estate deals that pay out over and over again each month.
Search no further, on Thursday, October 8th at 9 p.m., you will have an opportunity to grab that perfect deal. That evening, I'll be hosting a TURNKEY CASH FLOW webinar about some great property buying opportunities in this market that cashflow and have great returns on investment.
Register Here
https://www2.gotomeeting.com/register/217354602
On the call, you will be given the opportunity to purchase cash flowing properties well below the market value. These houses are totally rehabbed and come with tenants and property management included free for the first year.
Don't miss out, register now
https://www2.gotomeeting.com/register/217354602
Thursday, October 8th
Search no further, on Thursday, October 8th at 9 p.m., you will have an opportunity to grab that perfect deal. That evening, I'll be hosting a TURNKEY CASH FLOW webinar about some great property buying opportunities in this market that cashflow and have great returns on investment.
Register Here
https://www2.gotomeeting.com/register/217354602
On the call, you will be given the opportunity to purchase cash flowing properties well below the market value. These houses are totally rehabbed and come with tenants and property management included free for the first year.
Don't miss out, register now
https://www2.gotomeeting.com/register/217354602
Thursday, October 8th
- 9 pm est
- 8 pm cst
- 7 pm mst
- 6 pm pst
The most exciting part is that at the end of the webinar, you will be able to actually select your investment property LIVE!
Hope you decide to join us.
'See' you on the call
Thursday, October 1, 2009
Mortgage Delinquencies - The Coming Storm
If you have been following recent news reports, the public is being told that the real estate market has bottomed out and we are now in recovery mode. Really?!? Well, here's an excellent article written by Jeff Georghan, a Pennsylvania real estate expert, on what has happened, is happening and what is going to happen regarding mortgage delinquencies.
This is one of those posts where I wish I didn't have to write it, but felt it was so important to my readers that I would be remiss not to at least talk about it.
Everyone out there probably knows somebody who is behind on their mortgage payments, looking for alternatives and likely also just finding out that their home's value has dipped below what their loan amount is. I know some within my own personal circles. It's a tough situation for me to advise them as a professional because it's such a personal challenge to their pride and self-worth, not to mention their plans and dreams for the family. The question we're asking is "when is this going to stop and where are we heading?"... read article here
This is one of those posts where I wish I didn't have to write it, but felt it was so important to my readers that I would be remiss not to at least talk about it.
Everyone out there probably knows somebody who is behind on their mortgage payments, looking for alternatives and likely also just finding out that their home's value has dipped below what their loan amount is. I know some within my own personal circles. It's a tough situation for me to advise them as a professional because it's such a personal challenge to their pride and self-worth, not to mention their plans and dreams for the family. The question we're asking is "when is this going to stop and where are we heading?"... read article here
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