Wake Up People, Stop Cap And Trade Or It Will Stop Us - 06/30/09 08:25 AM
Cap and Trade is infringing on individual State rights.  It must be voted down in the Senate.  Call your Senators and tell them to vote NO.  Melt the switchboards.  Congress did not have time to read this and it was not put online for 5 days for the American people to read as promised by our President during his campaign speeches.  More broken promises continue to occur.
Via Steve Hoffacker - Real Estate Sales & Marketing Consulting and Strategies (Hoffacker Associates LLC):
Regardless of where you stand on energy use, climate change, alternative energy, or similar matters, the cap and trade bill that … (4 comments)

NR in the Local & National Publications - 06/29/09 08:11 PM
Nouveau Riche in National Publications:
Prestigious, National Magazines Feature Nouveau Riche
Success from Home Magazine, September 2008 SUCCESS Magazine Special Nouveau Riche Edition, June/July 2008 Your Business at Home Magazine, January 2008 Nouveau Riche in local Phoenix area publications.
"Seriously Ill Children Get Day Away from Hospital" Scottsdale Living, April 29, 2009 "Children, families enjoy ‘Best in West' carnival" Scottsdale Independent, April 29, 2009 130 Seriously Ill Children and Family Members Enjoy "Best in the West Carnival" at MacDonald's Ranch April 8, 2009 "Sparkling Starry Soiree Nets $32,000 for Ill Children" Scottsdale Independent, April 1, 2009 "Nouveau Riche & The Frank … (0 comments)

Midwest Real Estate Investing - 06/29/09 10:50 AM
I have access to properties in St. Louis and Kansas City that are cash flowing with built in equity. These deals are great for buy and hold investors and rehabbers. East and West Coast investors are coming to the Midwest because their purchasing power is greater with a better rate of return. The systems are in place to assist you and to match your investing criteria. … (2 comments)

10 Companies Thriving in the U.S. - Real Estate Opportunities - 06/28/09 09:55 AM
10 Manufacturing Companies not giving up on the U.S. 
General Electric - New plant in upstate NY - 350 new jobs Brunswick - pleasure boats Harley-Davidson - HOG's - motorcycles Boeing - aircraft builder Dow - chemicals Caterpillar - construction equipment Hershey - cchocolates Pfizer - pharmaceuticals U.S. Steel - self explanatory Fender - guitars:) Real Estate Investors, keep an eye on these companies and trends in hiring.  They may bring in people from other parts of the country.  This could be an excellent opportunity to provide housing for their families.  You can provide them with a rental home or a lease-option to … (7 comments)

Making Uncommon Choices - 06/27/09 03:18 PM
Del Hargis is a caring and giving human being. His IRA & Retirement I Class at the college is awesome. The class entails self-directing IRA's and 401(k)'s tax free and tax deferred into real estate. The way the wealthy do it. Those who are obtaining their wealth through real estate are able because of the principles learned at Nouveau Riche's real estate investment college. Whether you are a beginning or experienced real estate investor, the knowledge and principles apply in any market. Action taken is the only way the knowledge will work. … (2 comments)

When Will Housing Prices Recover? - 06/26/09 08:08 AM
2 Words - WHO CARES!!
There are many ways to acquire property in today's market at .40 to .70 cents on the dollar or better.  They are everywhere.  Stop waiting for this so called "bottom to fall out."  Investors are buying most of these deals because they know how.  
In order to invest in this market, you need to know how to acquire properties, write contracts and obtain financing using creative techniques that have been proven to work for a long time.  This is a different way of thinking and working creatively that works.  So what are you waiting for?
Today's real estate market looks … (5 comments)

College Week July 13th - 18th / Special Event #4 - 06/26/09 07:39 AM
Friday, July 17, 2009Time: TBALocation: TBATeen Financial Literacy Registration and Orientation Students and their program eligible parent or legal guardian MUST check in on-site at the Teen Financial Literacy Registration and Orientation event to validate the student's eligibility. Nouveau Riche's Teen Financial Literacy Program - a new financial literacy initiative for teens 14-17 years old that introduces them to the basic fundamentals of fiscal responsibility and financial literacy--is launching at the July College! To kick-off the experience, students will receive class materials in this interactive, 1-hour orientation session with the Teen Financial Literacy teachers, Craig Cottrell and Phil Lechter and class … (1 comments)

College Week July 13th - 18th / Special Event #3 - 06/25/09 08:31 AM
Thursday, July 16, 2009Time: 7:30pm-9:00pmLocation: Solana E"Cooler than Cool - Chillin' with the Co-Founders"Hotel Room Block Special Incentive Social Gathering All attendees MUST present wristband for entry. Qualifying hotel room block guests may check in during the hours of 10:00am-6:00pm on Thursday, June 16th at the Nouveau Riche Registration desk to receive their wristband. No person will be admitted into the event without a wristband.Stay at the Renaissance Glendale Hotel under the Nouveau Riche Room Block and get the chance to mix and mingle with the "coolest" guys around - Nouveau Riche Co-Founders, Jim Piccolo and Bob Snyder! PLUS - enjoy … (2 comments)

Out of Area & Foreign Real Estate Investors - 06/24/09 11:30 AM
Stop buying at retail pricing in today's real estate market!
Wholesale & Turnkey Properties in the Midwest:
More and more California and New York real estate investors are investing in the Midwest due to low acquisition and total capital investment costs. These investors are seeing favorable returns on their money rehabbing or long term buy and hold investing. Out of area and foreign investors are able to acquire more properties for their money in the Midwest as opposed to staying in their local market(s). These investors understand and appreciate the systems that are in place in these areas to handle their … (1 comments)

College Week July 13th - 18th / Special Event #2 - 06/24/09 07:49 AM
Wealth Building
Monday, July 13, 2009Time: 6:30pm-9:30pmLocation: Solana EWealth Building SymposiumLearn how to grow and protect YOUR WEALTH in this power-packed, "wealth building" event, hosted by The General Bob Snyder with a special cameo appearance from Nouveau Riche CEO Jim Piccolo! Watch and learn as Best-Selling Author and NR Community Benefit Companies President Mark Kohler and NR Instructor John Dessauer interview The General during a LIVE recording of their LIVE365.com internet radio show, "Your Wealth Now." Bob will share five common traits of the "ultra-wealthy" and reveal how they achieve their success. PLUS - the Nouveau Riche Community Benefit Companies … (0 comments)

College Week July 13th - 18th / Special Events - 06/23/09 07:40 PM
Nouveau Riche's real estate investment college week is coming up July 13th - 18th.  During this week, students are invited to attend special events. 
Special Event #1 
Sunday, July 12, 2009Time: 7:00pm-8:00pmLocation:Solana EStudent OrientationAll Students are strongly encouraged to attend the Nouveau Riche Student Orientation where College Director/VP of Product Development Carmen Payne will enlighten you on need-to-know topics that will help you get the most out of your College experience. LEARN MORE about the Student Orientation.** Event Open to All College Attendees**
This is an informational event for new students who are attedning their first college at NR.  Please be sure … (1 comments)

Real Estate Investment Coaching - 06/23/09 07:16 PM
Beginning Real Estate Investors, would you like to learn:
Introductory Goal-Setting* Discuss goal setting* How to start building Real Estate power teamUnderstanding Your Marketplace* The importance of analyzing the marketplace* How to determine current trends in the marketProperty Analysis Wizard (P.A.W.)TM* Understanding how to analyze a property* How to use the P.A.W.TM programPre-Foreclosures/Foreclosures, and REOs* The foreclosure process* How to find the properties in default* How to determine the best options to utilize defaulted propertiesWholesaling* Define Wholesaling* Determine resources needed to be successful in wholesaling* How to structure a wholesale dealBuy and Hold* Long term vs. short term strategies* How to … (4 comments)

Real Estate Investment Opportunities - 06/22/09 08:32 AM
I am looking for buyers who desire significant cash flow producings properties.  Contact me via Active Rain to be put on a buyers list.  Leave a phone number so I can get back to you.  Please see details below.
Wholesale & Turnkey Properties Crews on the ground for rehabs or do your own rehabs Management company available Section 8 and market rents available - management company handles both 8%-10% Management fee on every house LTV's 50%-70% After Repair Value (A.R.V.) 2-4 bedroom homes Rents between $650 - $850 a month - A.R.V. rents Total capital investment $25K -$50,000 Can purchase one … (1 comments)

Speechless Sunday - 06/21/09 11:08 AM

… (7 comments)

Privately Owned Federal Reserve to Gain More Power - 06/19/09 12:57 PM
If you have read some of my previous articles regarding The Federal Reserve, you know by now that The Fed is NOT a Government Agency, but privately owned.  Well The Federal Reserve will be given new powers for more control over businesses and the people of our Country. 
I'm not going to go into great detail because I have posted enough for all of you to do your own research and come to your own conclusions.  Here is an article from The Washington Post regarding the banking cartel known as The Federal Reserve and their new power and control.
http://www.washingtontimes.com/news/2009/jun/16/plan-gives-fed-sweeping-power-over-companies/?feat=home_headlines
Support … (3 comments)

LOL Friday - 06/19/09 08:18 AM

… (8 comments)

New Instructors at NR - 3 of 3 - 06/18/09 04:54 PM
Terry Kass
With 16 years of commercial real estate experience, Terry Kass has been involved in all aspects of commercial real estate including owning, sales, renovating, maintenance, development, etc. He has won numerous sales performance awards as Associate Broker with Re/Max Commercial Investment and carries the prestigious designations of CCIM (Certified Commercial Investment Member) and CPM (Certified Property Manager). Terry is a partner in T&M Management which manages fees for a diverse group of commercial real estate investors around the country. He holds an MBA and is completing his Doctoral program with an emphasis on Real Estate.
Terry is excited to … (2 comments)

New Instructors at NR - 2 of 3 - 06/18/09 07:35 AM
Dustyn Johnson
A licensed CPA, Dustyn Johnson is currently the Chief Operating Officer of Nouveau Riche's Benefit Company, Number Won AccountantsTM. Dustyn possesses a Bachelor's degree in Accounting, a Master's degree in Accountancy, and a strong desire to help others determine a plan to reach their financial goals. He spent the last nearly four years specializing in pass-through taxation for real estate and construction entities, and presently oversees the completion of tax returns for businesses and individuals. Dustyn looks forward to sharing his extensive knowledge of tax laws and strategies to help many Nouveau Riche students better manage their finances.
Dustyn … (0 comments)

New Instructors at NR - 1 of 3 - 06/18/09 07:31 AM
Greg Hansen
Possessing a BA in History and a JD, Greg Hansen worked in his father's law firm, but soon realized he wanted more. After searching and falling back into a small law firm, two clients invited him to start a real-estate investment company. In 2007, Greg left lawyering for a career he now loves, working in Vision Properties, LLC. He primarily enjoys focusing on short sales, subject-to purchases, and rental property acquisition and holding.
Greg is looking to his first session in July, where he will share his expertise in the PRE- FORECLOSURES class.
Everyone is looking forward to having … (0 comments)

Support S. 604: Federal Reserve Sunshine Act of 2009 - 06/17/09 11:53 AM
Being on hold with the banks working short sales allows opportunity to do more blogging.  I wish they would play Van Halen as the background music.  :)
-----------------------
Please call your State Senators to Co-Sponsor this bill.
The Federal Reserve should be totally transparent and subject to public accountability. We are dedicated to getting H.R. 1207 and S. 604 passed into law. Every American can make a difference and save our country by spreading the word about these historic bills. On June 11, 2009 H.R. 1207 acquired the critical number of co-sponsors to achieve a majority in the House of Representatives. H.R. 1207 is … (4 comments)

Teen Financial Literacy Class Now Open - 06/17/09 10:11 AM
Nouveau Riche is committed to financial literacy and we are excited to introduce the inaugural session of our Teen Financial Literacy (TFL) class at the July '09 College!
Now is the time to empower our kids-by teaching them the basic skills in the management of personal financial affairs. Take control of your teen's future and enroll him/her in this essential class!
ABOUT THE CLASSTeens, ages 14-17, will participate in fun and engaging classes that utilize rich media to educate outside of the norms on topics like:
budgetingliving within your meanschecking account managementfiscal responsibilitycreditand much more!
PROGRAM ELIGIBILITYNouveau Riche has made this … (4 comments)

New NR Classes at July College 3 of 3 - 06/17/09 08:26 AM
Rehab Value AnalysisClass Level: 401NR Hours: 3Primary Instructor: Lance Dehning
Content: This class presents many facets of evaluating a successful rehabbing project including the analysis of the property from a self-inspection and cost point of view. From start to finish, students learn how to find economically feasible properties and how to keep costs below industry norms. To gain an understanding of methods that can maximize their investment return, students study different exit strategies of a rehab project unique to the property and the market. Students also learn how to find, evaluate, and work with contractors to run their rehabbing business in … (1 comments)

New NR Classes at July College 2 of 3 - 06/17/09 08:23 AM
Investment Property ManagementClass Level: 301NR Hours: 6Primary Instructor: John Dessauer
Content: This class presents the concepts and realities of how to successfully manage investment property to directly affect the investment's value. Offering an in-depth look at the art of managing time, property, and people, this class will give students an understanding of why effective property management is a key part of establishing and maintaining value in investment properties. Whether managing the property yourself or managing other people or companies that manage your property, properly maintaining and increasing the value and cash flow of your investment property is crucial to your investing … (0 comments)

New NR Classes at July College 1 of 3 - 06/16/09 10:06 PM
Introduction to Commercial Real EstateClass Level: 300NR Hours: 6Primary Instructor: *New Instructor* Terry Kass
Content: This class examines the four major commercial real estate investment types. Students will gain an introductory understanding of the basics about apartments, office, retail, and light industrial buildings. A property's physical aspects, lease type, and financing options will be reviewed. Light will also be shed on due diligence factors that contribute to a property's value more than location alone. To enable students to determine what type of investment they may be best suited for, the nuances of various types of commercial investments will be taught providing … (0 comments)

60 Minutes - Huge Crash Coming - 06/16/09 09:44 AM
… (16 comments)

Eminent Domain - 06/15/09 08:46 PM
Eminent Domain refers to the Government taking away private property without consent from the owner.  Usually this is done for Government use or third party delegation who devote it for public or civic use and in some cases, economic development.  The most common uses are for public utilities, highways and railroads.
Ok, knowing the fact that lobbyists and bankers control/usurp the Government (do not begin to disagree with me on this) the possibility for eminent domain under HR 1728 is possible giving the Government the right to make any and all excuses to take control of your property.
Here is Title IX under … (10 comments)

Federal Reserve Audit = Shutdown? - 06/14/09 09:49 PM
Jim Grant, editor of Grant's Interest Rate Observer told CNBC that The Federal Reserve Bank would shut down if it received a conventional audit.  With $45 billion in capital and $2.1 trillion in assets, The Fed's balance sheets are upside down and could not handle the scrutiny other institutions receive.
The Federal Reserve sets in place artifically low interest rates that controls our economy.  To me this represents a financial oligarchy and not a 'true free market' economy.  In a true free market economy, the market would set rates based on supply and demand. 
With The Fed currently having total control … (2 comments)

HR Bill 1728 - Must Read!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - 06/14/09 07:18 PM
Reprint from Diane Kennedy's Tax Loopholes BlogA new Bill, HR 1728, passed through the House with an overwhelming majority in a record 3 days. It's now at the Senate. If the Senate passes as expected, you may soon see the end of creative real estate investing. There was also a little rider attached to the bill at the last minute that would also allow the government to take away any multi-unit property they deem to be at risk of default.You can read the entire bill here: http://www.govtrack.us/congress/bill.xpd?bill=h111-1728 There are a number of things wrong from this bill, from the standpoint of … (6 comments)

Federal Reserve Directors - Final Chart - 06/12/09 08:07 AM
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
This chart shows the link between the Federal Reserve Bank of New York, Brown Brothers Harriman,Sun Life Assurance Co. (N.M. Rothschild and Sons), and the Rockefeller Foundation.
 
 
Maurice F. Granville Chairman of The Board Texaco Incorporated ---------------------- | | Texaco Officer & Director Interlocks ---------------- Liggett & Myers, Inc. ------------------------------------ | | | | | L Arabian American Oil Company St John d'el Ray Mining Co. Ltd. O | | N Brown Brothers Harriman & Co. National Steel Corporation D | | O Brown Harriman & … (0 comments)

HR 1207 Federal Reserve Transparency Act - Update - 06/11/09 07:12 PM
June 11, 2009
Dear Friend of Liberty,
We wanted to make sure you were the first to know that your hard work and dedication has resulted in Ron Paul's Audit the Fed bill, HR 1207, gaining the support of a majority of the House of Representatives!
Just moments ago, Dr. Paul's congressional office issued a press release announcing that HR 1207 had received its 218th cosponsor, and that the list has now grown to 222!
Read their press release here.
Since our last update put the number at 207 on Tuesday, here is the list of representatives that have signed on:
… (3 comments)

Negative Money - 06/11/09 02:28 PM
I wrote:
Money for every loan and mortgage you get from a bank is created out of thin air the precise moment you put your signature on the paper(s). This money is not backed by anything. Enormous profits to the banks.
My friend Sharon wrote:
Yes and every paper with a signature, date and monetary amount is a Bill of Exchange and derivatives of it are traded over and over---merely because of the power of your signature.If you default on the loan the bank sells your debt to collection agencies and makes profit from it again.People who think we can't have … (4 comments)

Peter Schiff Was Right All Along - 06/10/09 03:23 PM
… (10 comments)

More on The Federal Reserve - Chart 4 - 06/10/09 08:23 AM
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
This chart shows the interlocks between the Federal Reserve Bank of New York J. Henry Schroder Banking Corp., J. Henry Schroder Trust Co., Rockefeller Center, Inc., Equitable Life Assurance Society ( J.P. Morgan), and the Federal Reserve Bank of Boston.
 
 
Alan Pifer, President Carnegie Corporation of New York ---------------------- | | ---------------------- Carnegie Corporation Trustee Interlocks -------------------------- ---------------------- | | | Rockefeller Center, Inc J. Henry Schroder Trust Company | | The Cabot Corporation Paul Revere Investors, Inc. | | Federal Reserve Bank of Boston Qualpeco, … (3 comments)

Seeking Out of Area Investors/Foreign Investors - 06/09/09 12:12 PM
I'm looking for foreign investors who would like to invest in wholesale and turn-key properties in the St. Louis and Kansas City Metro areas.  I'm working closely with a Realtor in Missouri who understands the investing strategy I'm incorporating to move properties quickly.   Currently we are:
Contracting 15-20 properties a week - sometimes up to 40 a week Providing cash producing properties .50 cents on the dollar or better Wholesale and turn-key properties available Section 8 and market rents available We provide crews for rehabs We provide a management company for rentals Contract for Assignment Investor can pay cash, hard money or finance the deals We … (4 comments)

The Federal Reserve Directors - Chart 3 - 06/08/09 08:11 PM
Strangle hold of Corporations and the banking system over the U.S. Economy and the American people.
Federal Reserve Directors: A Study of Corporate and Banking Influence
- Published 1976
The David Rockefeller chart shows the link between the Federal Reserve Bank of New York,Standard Oil of Indiana,General Motors and Allied Chemical Corportion (Eugene Meyer family) and Equitable Life (J. P. Morgan).
 
 
 
DAVID ROCKEFELLER ---------------------------- Chairman of the Board Chase Manhattan Corp | | ______|_______________________ Chase Manhattan Corp. | Officer & Director Interlocks|--------------------- ------|----------------------- | | | Private Investment Co. for America Allied Chemicals Corp. | | Firestone Tire … (4 comments)

Federal Reserve Directors - 06/08/09 09:29 AM
The Federal Reserve is a privately run bank slapped with the word Federal on it to make it look like it is a Gov't agency working for the citizens of America and the people of the world.  It is simply a banking cartel!  This is why H.R. 1207 is so important.
My attempt with regards to posting information on The Federal Reserve is to open everyones eyes to the fact that we are not being told where are tax paying dollars are going and an audit is needed.  This has nothing to do with race, creed, political beliefs or religion, but the financial … (6 comments)

Who Owns the Federal Reserve? - 06/07/09 12:32 PM
What a Monoploy!  Is this where are U.S. Tax Dollars are going?  From bank to bank and vice versa.
Chart 1 reveals the linear connection between the Rothschilds and the Bank of England, and the London banking houses which ultimately control the Federal Reserve Banks through their stockholdings of bank stock and their subsidiary firms in New York. The two principal Rothschild representatives in New York, J. P. Morgan Co., and Kuhn,Loeb & Co. were the firms which set up the Jekyll Island Conference at which the Federal Reserve Act was drafted, who directed the subsequent successful campaign to have the … (3 comments)

D-Day June 6th 1944 - Allied Invasion 65th Anniversary - 06/06/09 11:45 AM
Today marks the 65th Anniversary of the Allied invasion of Fortress Europa during World War II.  160,000 men, 5,000 ships and landing craft, 50,000 vehicles, and 11,000 planes were set for the coming invasion to liberate the European Continent from Nazi, Germany.
The first wave of men had to attack in force, Hitler's Atlantic Wall, to establish a beach head in order for the Allies to land and bring in supplies.  These beach heads code named Utah, Omaha, Gold, Juno and Sword, were a 50 mile stretch of real estate that was heavily fortified and no easy task to penetrate.     

During the middle of the night, Paratroopers were dropped behind enemy lines … (6 comments)

Investing in Real Estate By Design - 06/05/09 11:35 AM
Follow your own personal path for real estate investing through your own choosing.  Select your tuition package that best suits your investment strategies and a tuition partner to attend NR's college with you for free for up to 2 years.
Take NR's Personal Preferences Questionnaire to design YOUR investment path to:
Buy & Hold  Short Sales Fix 'n Flips Wholesaling Rehabbing Multi-Family Investing And more... NR's 3 tuition packages include
 30 NR Hours - Silver Tuition - 1 year to take and repeat - Tuition partner attends for free  60 NR Hours - Gold Tuition - 1 year to take and repeat - … (0 comments)

"The Big Money" - 06/05/09 08:16 AM
Rush is a power trio rock band from Canada.  How true the words to this song resonate throughout the world!
"The Big Money"Big money goes around the worldBig money undergroundBig money got a mighty voiceBig money make no soundBig money pull a million stringsBig money hold the prizeBig money weave a mighty webBig money draw the fliesSometimes pushing people aroundSometimes pulling out the rugSometimes pushing all the buttonsSometimes pulling out the plugIt's the power and the gloryIt's a war in paradiseIt's a Cinderella storyOn a tumble of the diceBig money goes around the worldBig money take a cruiseBig money leave a … (4 comments)

The Mandrake Mechanism - Creation of Money - 06/04/09 11:29 AM
The Mandrake Mechanism is the process that starts the creation of money and runs our economy.
Government Debt - Gov't adds ink to paper and calls it a bond or Treasury note.  Securities Asset - Gov't debt considered an asset with a promise to pay Federal Reserve Check - The Federal Reserve adds ink to paper calling it money with no backing Government Deposit - Used to pay Gov't expenses Government Checks - First wave of fiat money into the economy.  Recipients deposit into banks and become... Commercial Bank Deposits - Here deposits become BOTH liabilities and assets to the bank.  Fractional Reserve … (4 comments)

Nothing Good Comes From the Internet - 06/03/09 01:33 PM
This guy works for Sony Pictures.  Who is going to believe what he says.  Like this guy doesn't use the internet.  Who are you kidding?  Seriously?!?!?!?!?!?
"I'm a guy who sees nothing good having come from the Internet. Period."Michael LyntonCEO of Sony Pictures

You are a guy who is being controlled by people above you!
Typical.
The media exec to the right just launched an attack on the Web, saying that he sees "nothing good having come from the Internet. Period."
But Michael Lynton is just the latest in a line of old media bosses who see the open Internet as … (5 comments)

3rd Wave of Foreclosures Coming - 06/03/09 12:33 PM
The 3rd of wave of foreclosures is on the horizon ready to make a big splash.  This group of people who are at risk of going into foreclosure are those with good credit and affordable loans.  How could this be you ask?  Simple.
Recession and job loss!
Along with the 'Alt A' loans getting ready to reset and the Options Arms recasting, this 3rd wave may be a gigantic tsunami ready to encompass the American landscape and severly cripple the Middle Class.  This may happen in two waves, but with job loss still on the rise and these loans resetting and recasting, this may be one … (6 comments)

Hyperinflation on the Horizon? - 06/03/09 09:49 AM
… (6 comments)

Double Escrow Understood - 06/01/09 02:41 PM
What is understood need not be discussed!
Double Escrow closing does not require cash or credit. The reason no cash or credit is required lies in a part of the law which states in a double closing, neither sale takes place first - regardless of which one is actually completed first, the law says they were both done at the same precise moment. Therefore, either can transpire first.
You buy at one price, then sell at a higher price Realtors, bankers and even lawyers - will try to tell you the double escrow has been made illegal. This is not true.  This stems … (2 comments)

I'm Not Impressed - 06/01/09 12:15 PM
Those who are so-called 'finanical experts' from Ivy League Schools are the ones running our economy on Wall Street.  If this is the best education can buy, I'm not impressed. 

Was your educational institution teaching you to deceive and rip-off the American public by being greedy and corrupt.  Were you taught to not follow policies and procedures much less common sense?
With all your deception and greed, you continue to destroy the financial markets for hard working Americans and continue to devalue the U.S. Dollar by more spending.
 
Now I get to sit on the phone even longer waiting to talk to the bank … (10 comments)

Short Sales - Investor's Side of the Story - 06/01/09 10:00 AM
I read a blog post this morning titled "How to Screw the Banks with a Short Sale."  I wonder why I continue to read posts like this when you can simply educate yourself on why banks should and will accept a short sale and why you are helping the seller.   
Take these comments at face value.  Educate yourself or don't do short sales.  It is that simple!!  
Here are my comments from the post:
Fernando, you don't understand the process of why investors are able to do this.  This is not about ripping off the seller or the bank.  First off the … (5 comments)

 

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