August 14, 2009 by admin
It is just something that these services from title to close to fee collection is vertically integrated and owned by banks and mortgage servicers. Wow, what a spiral. Makes you wonder if buying a foreclosure is a good idea, maybe buy directly from the seller in distress before the bank gets it. Hit me up with your thoughts below.
NYT: Fees may deter efforts to alter loans
Many mortgage compani...
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Posted in Rentals, Uncategorized, real estate club education, sell home now, short sales | 0 Comments
July 28, 2009 by admin
One of my most admired Real Estate Investor associates, Bruce Norris, was interviewed by ABC News. ABC could not believe that we Real Estate Investors who go out and buy abandoned, ugly houses, fix them up and rehab properties and then rent them for long term wealth. Hummm....sounds pretty natural to me, I've been doing this for over twelve years :). A great interview to watch and I'm giving y...
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Tags: california foreclosure, fixer upper, real estate investor, real estate news, reo
Posted in Rentals, for sale by owner, real estate club news | 0 Comments
July 17, 2009 by admin
A recent nationwide study of rents and occupancy, conducted by RealFacts
for 2Q09, reveal that renters are showing resistance to paying a premium
to rent an apartment in a high-end market.
Rents were in decline in every market nationwide in the current quarter
with the exception of a few modest increases in Tampa-St Petersburg, FL at
1.2%; Kansas City, MO at 0.7% and San Antonio, TX at 0.6%...
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Tags: Add new tag, landlords, rea estate investor, real estate club news, rents, san jose real estate
Posted in Rentals, real estate club news | 0 Comments