finance: "Buying Foreclosures Without The Exposure"
- 01/11/09 07:56 AM
Real estate investing is exciting because we get the opportunity to use wealth pillars like leverage which allows ordinary people the ability to considerable wealth in a short time; I know because I’ve seen it happen. Another exciting aspect is there are always opportunities to make strong returns, regardless of how the market is doing and right now that is especially true as we bear witness to hundreds of thousands of foreclosure nationally per month. But like other forms of investments, real estate investing takes discipline, education and smart decision making to become successful. I’ve met with clients who made impulse … (0 comments)
finance: "Avoiding Serious IRA Problems"
- 01/01/09 07:57 AM
If you have an IRA and you’re concerned about how to pass it on to your loved ones, an approach of naming a trust as the designated beneficiary has several benefits over directly naming the beneficiaries. The issues that can affect the named beneficiary to name a few are they could be a minor, they might not be careful with money, or they may have marital or creditor issues, and could be disabled to the extent the inheritance would affect their governmental benefits. Next, if the beneficiary dies before distribution, the alternate beneficiaries may not be accurate. Another condition we … (0 comments)
finance: Illegal Loan Modification
- 11/03/08 12:24 PM
loan-mod-testimony The craze right now for former loan brokers is to become a loan modification specialist. However, in states like California is it illegal for anyone except attorneys to take a fee before they provide the assistance. The rationale is because attorney’s are held to the highest standard and are members of each state’s bar whereas brokers nearly no duty to anyone. Legislation requires that brokers and others trying to be foreclosure consultants do the loan modification first and ask for fees after the work is done. This law is in force to protect consumers because they are vulnerable and many … (3 comments)
Prosecutors and pursuing home owners for participation in the fraud of stated income loans so you need protection when modifying a loan or doing a short sale.
Real estate investing is exciting because we get the opportunity to use wealth pillars like leverage which allows ordinary people the ability to considerable wealth in a short time; I know because I’ve seen it happen. Another exciting aspect is there are always opportunities to make strong returns, regardless of how the market is doing and right now that is especially true as we bear witness to hundreds of thousands of foreclosure nationally per month. But like other forms of investments, real estate investing takes discipline, education and smart decision making to become successful. I’ve met with clients who made impulse … (0 comments)
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