Tag archives for Remainder

California Legislature Still Struggling with Short Sale Deficits

As more short sales take place on the west coast, the California legislature is struggling to determine what is “fair” for lenders to require of homeowners attempting to avoid foreclosure. While many homeowners may already be leery of short sales thanks to the fact that the amount of money that they are “forgiven” can end up on their income tax Read full article »

Stop Foreclosure In Houston – 3 Legitimate Solutions

To Stop Foreclosure In Houston - or any city in the US - there are basically only a few legitimate options.  Some of these you'll know, and some will be brand new to you. Here are a few directions you can take: Sell your house prior to the foreclosure auction.  If you have a non-luxury home, this is a real possibility since Read full article »

REX Agreements – Tap Your Home Equity Without Any Monthly Payments, Ever?

There's a new game in town for people who want to tap their home equity, and the timing couldn't be better - at least, the timing couldn't be better for the people pushing this new form of equity access. It's called a "REX Agreement" - Real Estate Equity Exchange Agreement and marketed by REX & Co in San Francisco.  It's not Read full article »

FBI and Justice Department Make Hundreds Of Mortgage Fraud Arrests

The FBI says that since March of this year it has arrested about 300 people in the real estate industry for mortgage fraud related to the subprime mortgage meltdown.  Apparently, dozens of those arrests have been in the past two days. The justification they're giving for this in the news is that "losses to homeowners and borrowers" total over $1 billion. (Baloney.  Read full article »

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.

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.