Kerry's Blog

By
Real Estate Agent - Re/max Specialists
RECENT BLOG POSTS
  BLOOMBERG ARTICLEFeb. 22 (Bloomberg) -- Joe Lents hasn't made a payment on his $1.5 million mortgage since 2002.That's when Washington Mutual Inc. first tried to foreclose on his home in Boca Raton, Florida. The Seattle-based lender failed to prove that it owned Lents's mortgage note and droppe...
03/26/2010
On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). HAFA is part of the Home Affordable Modification Program (HAMP). HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclos...
12/02/2009
FORECLOSED BANK-OWNED REAL ESTATE (REO) FOR SALE IN BULKSelling prices are substantially below market value.Current market conditions present a unique opportunity for hedge fund managers & other well qualified cash investors.Qualified investors can purchase bulk packages of foreclosed properties ...
03/17/2009
http://www.youtube.com/watch?v=bNmcf4Y3lGM
03/09/2009
Are you wondering why interest rates are going up, and there has been no change in the housing market. The reason why is that the government did not do thier part and buy the bad loans like they were suppose too, what they did was give the money to the banks in exchange for part ownership. So the...
10/24/2008
Free Service for Investors and Homeowners! FREE SERVICE! We are a group of Short Sale Specialist Realtors throughout Maryland who offer FREE short sales services to home owners anywhere in the Country. DO YOU QUALIFY? Is the bank threating to take possesion of your home? Can't get your home sold ...
10/11/2008
Don't let the feds fool youby saying that the Lehman Brothers failure is no big deal. Sell all your vulnerable stocks and bonds before it's too late, stashing the proceeds in cash with short-term Treasuries or a Treasury-only money market fund. And to the degree that you're unable to sell, buy in...
09/15/2008
Freddie Mac's portfolio contains many securities backed by subprime and Alt-A loans. But the company has not written down the value of many of those loans to reflect current market prices. For years, both Freddie and Fannie have effectively recognized losses whenever payments on a loan are 90 da...
09/08/2008
Every three months the Federal Deposit Insurance Corporation (FDIC) puts out "Quarterly Banking Profiles." Most investors have never heard of them. The mainstream press has largely ignored them. Even Wall Street traditionally pays them little heed. But not me! The QBP provides a wealth of informa...
08/29/2008
A move is  in Congress to reverse some of the tricks credit card companies employ to divert more fees their way. The House Financial Services Committee has approved a cardholders' bill of rights, sponsored by Rep. Carolyn Maloney (D-NY). Here's what it would do: stop credit card companies from ra...
08/12/2008
Rainer
5,529

Kerry Woods

local_phone(240) 765-1645
Contact The Author