foreclosures: Rental Income is a Better "Return on Investment" than Treasury Securities or Stock Dividends? - 04/12/12 05:10 AM

Investors Are Looking to
Buy Homes 
by the Thousands
Published: April 2, 2012
RIVERSIDE, Calif. — At least 20 times a day, Alan Hladik walks into a fixer-upper and tries to figure out if it is worth buying.
As an inspector for the Waypoint Real Estate Group, Mr. Hladik takes about 20 minutes to walk through each home, noting worn kitchen cabinets or missing roof tiles. The blistering pace is necessary to keep up with Waypoint’s appetite: the company, which has bought about 1,200 homes since 2008 — and is now buying five to seven a … (0 comments)

foreclosures: Bank of America...Mortgage to Lease Landlords? - 03/27/12 05:41 AM
  Bank of America Faces Hurdles in Rentals By Nin-Hai Tseng, Writer March 26, 2012: 10:23 AM ET
Bank of America's foreclosure alternative isn't new -- Fannie Mae has been doing it for years with lackluster interest from borrowers.


FORTUNE – To help struggling homeowners, Bank of America recently launched a test initiative that will give some a chance to rent the very homes they risk losing. Last week, the Charlotte, NC-based bank began sending letters accompanied with leases to 1,000 homeowners in Arizona, Nevada and New York.
The move isn't anything other … (1 comments)

foreclosures: The American Dream gone? No, Homeownership still perceived by many as a good idea! - 12/19/11 09:31 PM

Bye, Bye To The American Dream? No Way!
Despite another lackluster year for real estate, 80% of homeowners still plan to buy again and 59% of renters still aspire to own their own homes.  
By the Trulia Insights Team September 20, 2011
Twice a year, we ask people across the U.S. (through an online survey conducted by Harris Interactive) If homeownership is still part of their personal American Dream along with a few other questions about the obstacles that are keeping them from buying at this time.
So what did our Fall 2011 survey tell us? To give you the inside … (2 comments)

foreclosures: Has Homeownership and "The American Dream" become an oxymoron? - 12/15/11 12:44 PM
Has Homeownership and "The American Dream" become an oxymoron?
Consistently synonymous with the term "The American Dream" is homeownership.   For past generations, the ability to achieve owning a home was a financial challenge, yet patience and perseverance kept the dream alive. Many generations worked and sacrificed for the dream of owning a home.  Pride in homeownership reflected the homebuyer's appreciation for finally achieving "The American Dream". 
The newer generations are more complacent in their approach to buying a home, yet the idea of homeownership has not been abandoned. 
The American Dream
By Mike Turner Leave a Comment … (6 comments)

Rick Reed, Assoc Broker, GRI, CDPE, REO, Short Sale, Military ("The Congressional Team" RE/MAX Realty Services) Rainmaker large

Rick Reed

Assoc Broker, GRI, CDPE, REO, Short Sale, Military

Gaithersburg, MD

More about me…

"The Congressional Team" RE/MAX Realty Services

Address: Residential, Investment Properties, Military Relocation, REO Foreclosures, Short Sale, , CDPE (Distressed Properties), 8937 Shady Grove Court, Gaithersburg, MD, 20877

Office: 240 403 0399 ext. 306

Mobile: 301 742 1172

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