What is true during booming real estate market is especially true during a booming foreclosure investment market. In fact, having been personally burned during the heady real estate days, I can honestly say that anyone considering buying foreclosure homes should arm themselves with the facts before committing to the purchase.
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MoneyNews ran an interesting article about Warren Buffett's investment activity in the current market. Like always, you have to read between the lines with that guy. He never just comes right out and says what he thinks, but you can clarify his convictions by analyzing what he's buying. And what is he buying? Apparently, some subprime mortgages have been in Read full article »