How a Recession Works
03/06/08 10:40 Filed in: Economics
Does this sound like what RE investors do?
03/06/08 09:44 Filed in: Real
Estate
Other People's Money -
OPM. The key to success for real estate investors. Also
the source of some of the problems in the worldwide
finance sector. Read
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Fail to pay your mortgage in CA? Jail awaits you
Despite objections from
consumer advocates, in the last two weeks California
judge Jed Clampbet has sent 142 delinquent homeowners
to state prison for up to three years each, for failing
to honor their home mortgage obligations.
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Fed Economist Questions Home Equity-Spending Link
Federal Reserve Bank of New York economist
Charles Steindel questioned
the magnitude of declining housing equity’s effect on
consumer spending. Read
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The Federal Housing Finance Regulatory Reform Act of 2008
30/05/08 14:52 Filed in: Regulatory
| US
Efforts
to help stem the foreclosure crisis while to reforming
regulations specific to Fannie Mae, Freddie Mac and the
Federal Home Loan Bank system Read
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What does it mean? DOJ and National Association of Realtors settle lawsuit
On
May 27, 2008, NAR and the U.S. Department of Justice
reached a favorable settlement, concluding a two-year
DOJ investigation concerning the MLS.
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No crash in the US according to Goldman Sachs
22/05/08 12:07 Filed in: Real
Estate
Goldman Sachs publishes a study that shows the US has
not had a property crash so far. Read
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3G iPhone in June?
Is it time for the next generation iPhone? 3G support
and more countries. Anything else? Steve rarely lets
the full story out before an announcement. Read
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What to offer for an REO property
21/05/08 16:02 Filed in: Real
Estate
I was recently sent an email asking "What should I
offer the bank" on for an REO property. I explained how
they need to compute their Maximum Allowable Offer
(MAO) and then start lower.
It does not matter what the seller wants or even what other buyers might offer. As an investor you need to focus on the number that works for you. That number many times is determined by how you expect to exit the deal if the seller agrees to your offer. Read More...
It does not matter what the seller wants or even what other buyers might offer. As an investor you need to focus on the number that works for you. That number many times is determined by how you expect to exit the deal if the seller agrees to your offer. Read More...
Tax tips for home office users
Tax tips for US real estate investors. The focus this
time is on home office deductions. Read
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