In there a market for commercial property? It may be time for you to become a stalker... er... a "stalking horse". With so many companies facing bankruptcy, the courts appear to be increasingly open to a type of bankruptcy-specific asset sale known as a "363 sale" which receives its name from the section of the U.S. bankruptcy code that creates it. In Read full article »
Tag archives for Control
Free and Clear Commercial Property – ’363 Sales’
category: Real Estate Tips
Karen Hanover – Change Of Recommendation
Notice: After recent experiences, we have terminated our relationship with Karen Hanover. With regret, we can no longer in good conscience recommend or endorse training or coaching provided by Karen Hanover. It is our belief that commercial real estate does represent an excellent investment opportunity, but those representing it as a "gold rush" misrepresent the potential and the risk involved. When evaluating Read full article »
category: Editorial
tags: 10 Years, Apartment, Apartment Buildings, Apartment Living, Bad Idea, Belief That, Bryan Ellis, Cap Rate, Cap Rates, Cash Flow, Coaching, Com Blog, Commercial Real Estate, Commercial Real Estate Investor, Conscience, Control, Email, Experiences, Expert, Financial Advice, Foreclosure, Foreclosures, Gold Rush, Hanover, Informational Purposes, Investment Opportunity, Investors, Launch, Lt, Market Cap, Net Worth, Nutshell, Occupancy Levels, Perfect Storm, Professional Designations, Profits, Real Estate Investor, Realestate, Relationship, Rents, Risk, Soar, Webinar
Resolution Trust Corporation – A Real Estate Investing Opportunity
Months ago, I pointed out how eerily similar today's mortgage crisis is to the Savings & Loan Crisis of the 1980's. And it's become even more true today. The news this morning is that the government is now publicly giving serious consideration to establishing an entity similar to the Resolution Trust Corporation that was formed in 1989 as a government-owned asset Read full article »
category: Real Estate News
It’s Official: The U.S. Government Takes Control of Fannie & Freddie
Before noon on Sunday, September 7, 2008, Henry Paulson (Secretary of the United States Treasury) and James Lockhart (head of Federal Housing Finance Agency) announced that Fannie Mae and Freddie Mac have been taken over by the United States Government and will be placed in a "conservatorship". Additionally, the U.S. government is authorized to invest up to $100 BILLION in Read full article »
category: Real Estate News
tags: Bankruptcy, Consequences, Conservator, Conservatorship, Control, Direct Control, Economy, Fannie Freddie, Fannie Mae, Fannie Mae And Freddie Mac, Freddie Mac, Henry Paulson, Housing Finance Agency, James Lockhart, Net Worth, Oversight, Real Estate Market, Secretary Of The United States, United States Government, United States Treasury
Rumor Mill – Fannie And Freddie To Be Taken Over This Weekend
Persistent and reasonably well substantiated rumors suggest that the Federal Governmnet will fully take control of Fannie Mae and Freddie Mac, the two "Government-Sponsored Entities" that dominate the U.S. mortgage business. This is a huge and historic development, profoundly negative though it is. The ramifications of such a move are not yet known, though it seems quite likely that foreclosed Fannie/Freddie properties Read full article »
category: Real Estate News
The Politics of Real Estate
Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.
Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.
Mortgage Industry News
Few things change more rapidly than the mortgage market, and with the increasing dominance of GSE's Fannie Mae and Freddie Mac over the mortgage business, it's more important than ever to keep up. Here are a few recent mortgage news updates:
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Mortgage News
- HAMP Success Tally Slowly Growing
- Western States Working Through Foreclosure Backlog Quicker than Eastern
- Biggest Down Payments in the Country Found in New Jersey
- President Bypasses Congress, Appoints Director of the Consumer Protection Bureau
- Federal Reserve Recommends Expanding GSEs to Turn Housing Market Around
- Mortgage Rates Likely to Remain Low for a While Longer
- Top Former FDIC, Wells Fargo Execs Say Fannie and Freddie Must Go
- FHA Continues to Extend Anti-Flipping Waiver
- More Homeowners Using Delaying Tactics to Slow Down Foreclosures
- Now that It’s Passed: The True Cost of the Payroll Tax Cut
About Bryan Ellis
Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.
Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.
Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.