According to the U.S. Treasury’s July report on the federal government’s “premier housing program,” HAMP (Home Affordable Modification Program), nearly half of all participants have dropped out of the program since its inception. This means that about 625,300 homeowners who received modifications on their loans failed to make their new, lowered payments and have lost their homes to foreclosure or Read full article »
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Bulk REO Trader – The Awful, Dreaded, Horrid, Despicable, Annoying Product Launch – And Why I’m Participating In This One
If there was something that I truly believed in - something that I knew could truly be the "difference" for the success of your real estate business - something that's potent enough to change your fortunes with a single transaction and something that's relevant enough to be the ABSOLUTE BEST OPTION for today's economic environment, wouldn't you be angry if Read full article »
While the media focus these days appears to be on whether or not the oil dispersants BP used to make the oil spill less visible were appropriately administered, there is no question on the Louisiana beachfront that the oil was and is on location in full force. One year ago, Grand Isle, a beautiful tourist destination on the Louisiana Coast, Read full article »
Earlier this week Wells Fargo Advantage Funds Market Strategists breakfasted in New York City and concluded that there would not be a double dip recession due to “too much fiscal liquidity” in the market. While the group admitted that there is currently “sub-par” growth in the market, they emphasized that “there is still growth.” The group went on to say that Read full article »
New Tax on Real Estate Investors Helps Pay for Healthcare: Will Your Real Estate Investing be Impacted?
Now that the administration’s healthcare bill has passed, things are kicking into gear. The Republicans are amping up their campaigns on reversal and repeal; the Democrats are working on setting the thing in stone, and homesellers are getting ready to “do their part,” (like it or not) by making a little less money on the sale of their properties. While there Read full article »