RECENT BLOG POSTS
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If you sell real estate, you have likely discovered that... Buyers and sellers are heading online in droves. Your pretty brochure Web site, or the one provided by your parent company, is doing very little to help you grow your business. A lead-generating Web site is rapidly becoming a "must" requ...
10/18/2009
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It is now estimated that the current unemployment rate is a record high of 9.5%. Plus expected to rise even higher in the coming months. This will mean that hundreds of thousands of people will be without a job and therefore without earnings. Yes, those people who recently lost their jobs will re...
10/18/2009
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As a real estate professional I have been through a few ups and downs in this business. As a result I have realized that while I made a lot of money I have also loss a lot of money and the market has a huge effect on how I can do business. I have always been interested in building wealth and th...
09/28/2009
Over the pass few years, lenders have all pretty much cut of loans for investor purchase and rehab loans even though many of the lenders have received tarp funds to lend money but that another topic. Anyway, gone are the days of easy underwriting and fast closings. Or so it seems. The truth is, t...
09/27/2009
There are so many lenders that can not show documents to prove true ownership. Too many notes were sold in this manner, so it is highly possible that your current lender or servicer does not have the proper documents to show that they own the mortgage note in due course and therefore has no legal...
09/27/2009
Unfortunately, many homeowners don't contest the foreclosure and end up losing their homes or have tried to find a solution to stop foreclosure through conventional means i.e. Chapter 13 Bankruptcy or through a loan modification with moderate success overall. The problem though is that a Chapter...
07/09/2009
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Banks and mortgage companies are overwhelmed with home foreclosures across the nation. If you are facing a foreclosure the most important thing to remember is that time is always your worst enemy in a situation such as this. On the upside of things banks and mortgage companies will benefit if you...
01/20/2008
There are no uncertainties that the mortgage industry is in total disarray and there are plenty of homeowners facing foreclosures and the possibilities to lose their homes. The real estate melt down is upon us with no end in site for possibly quite some time. As a matter of fact, analyst project ...
01/02/2008
The after effects of the greatest mortgage meltdown in history have changed the dynamics of the real estate industry probably forever. Housing sales continue to slump, less future homeowners can qualify for a loan, and foreclosure filings continue to rise. Though the current snapshot of the indus...
01/02/2008
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Chapter 13 bankruptcy. This will stop all foreclosure proceedings and allows the homeowner to make a monthly payment, which is applied to all credit accounts as outlined in the bankruptcy payment plan. Once the payments are caught up, then the bankruptcy is dismissed. The bankruptcy is reported o...
12/17/2007