May 2008
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
More...
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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.
Read
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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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They're having a sale on real estate. Are you buying?
08/05/08 13:31 Filed in: Real Estate
| Bargains &
deals
People love sales and getting things at a discount to
the full price.
Real estate in the US is on sale. Why are there not more bargain hunters out there waiting for the doors to open so they can rush in and pick up a deal? We see news reports showing Walmart shoppers lined up before the stores open when they have sale prices, free upgrades and other promotional opportunities. What about houses?
Are there real estate investors bargain shopping? What are your views? Read More...
Real estate in the US is on sale. Why are there not more bargain hunters out there waiting for the doors to open so they can rush in and pick up a deal? We see news reports showing Walmart shoppers lined up before the stores open when they have sale prices, free upgrades and other promotional opportunities. What about houses?
Are there real estate investors bargain shopping? What are your views? Read More...
Price matters more in real estate
Price matters more than the financing when
negotiating a deal. Read
More...
