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real estate investing: Forcing Inflation...Buy signal?
- 11/01/10 05:29 PM
Today are the Mid-term elections. Debates, finger-pointing, even rants abound. The results could be pivotal for our nation.
And the next day, Ben Bernanke and cohorts announce their new unabashed money printing, trying to fuel inflation again...better than the kind of 20-year deflation Japan has been experiencing they think, most certainly.
What does inflation do? It makes everything cost more tomorrow than it does today.
The results...folks have a new urgency to spend now rather than pay more later. Freezers get stocked. Cars get bought. Folks stop wondering about the housing market and they just buy...before interest rates go up, … (4 comments)
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real estate investing: Turn Toxic Into Terrific
- 10/28/10 06:21 PM
Banks Can Turn Toxic Into Terrific! We all know the foreclosure rate is in the millions. Bank of America, after a brief moratorium to make sure they had solved the ‘robo-signing’ crisis, resumed pursuing foreclosures on homes in serious mortgage default at the rate of several hundred THOUSAND a month. This housing debacle is not over.
And it is affecting the market for real estate in many places all over this country. Some communities more than others.
What solutions have been tried?
-Loan modifications. That has worked for a very few, with a new default rate of about 50%. Good for … (2 comments)
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real estate investing: What the HECK is Going On With This Freeze?
- 10/08/10 04:37 PM
What a mess! Has everyone gone mad?
A lot of folks are asking me what this all means - especially to them!
First, what has been going on for a couple of weeks, is revelations that some of the banks have been putting people at a desk with a stack of papers and a pen, forging approval signatures on hundreds of unread papers a day. This could, and should, invalidate the foreclosure since the procedures have been faulty.
As a result, some of the banks stopped reselling the foreclosed properties they have in their REO (Real Estate Owned) departments until they … (5 comments)
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real estate investing: Lessons of History- Do We EVER Learn?
- 09/19/10 11:36 AM
Can you believe this? Curtis Brooks posted on FB-from Cicero 55 BC: "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work instead of living on public assistance." ---Cicero, 55 BC
… (31 comments)
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real estate investing: 7 Ways to Avoid A Foreclosure
- 09/15/10 01:50 AM
7 Ways to Avoid a Foreclosure
Lots of folks are struggling with the threat of foreclosure right now, so I prepared a special report for you with 7 Ways to Stop Foreclosure.
I’m Annie Collyer with Sherwood Properties and we’ve been working with folks looking to stop their foreclosure for the past five years in Northeastern Massachusetts and Southeastern New Hampshire. I know the struggle folks have in this situation, the stress they feel, so I prepared this Special Report so you could know all your options to Stop a Foreclosure.
What is the simplest way to Stop Foreclosure?
… (2 comments)
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real estate investing: 5 Keys To Short Sale Acceptance
- 09/07/10 09:44 PM
Those of us doing short sales know that one barrier to be overcome is getting the Lender to agree to a reasonable price. Sometimes it can take months for a short sale to be completed, and the buyer has to hang in there for the duration. The price they end up paying has to be worth all the waiting and aggravation! How do you get the Loss Rep to agree to a fair price?
First, you want to communicate with them in such a way that you are both on a team working toward a common goal. The … (3 comments)
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real estate investing: First Step in A Short Sale- Listen!
- 09/06/10 09:07 AM
Listen to What Your Short Sale Client Needs!
This does not mean that you are getting consumed by their needs when you work their Short Sale. It means that you remember to listen to what matters to them. Is it, for instance, where their children go to school? Or avoiding foreclosure so they can begin to rebuild their credit? Or keeping their favorite chandelier?
One of my clients biggest concern was avoiding a public notice of a foreclosure auction in their local paper. Their son had a couple of months until graduation from the local high school, and they did … (25 comments)
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real estate investing: 3rd Quarter 2010 Real Estate Stats for Haverhill MA
- 09/06/10 09:04 AM
3rd Quarter 2010 Real Estate Stats for Haverhill MA - 31 Aug 2010, 12:47 pm
Here are 3rd Quarter 2010 Stats for Real Estate on the MLS in Haverhill MA. We all know that the tax credit for homebuyers expired in April 2010, with closings initially by June 2010, extended into September. This tax credit inflated the sales activity and prices for Real Estate this Spring, and has resulted in a deflation this Summer.
Total Sold Market StatisticsReport Run: 8/31/2010 10:26:23 AMProperty Type(s): SFStatus: SLDStart Date: 5/31/2010End Date: 8/31/2010Towns: HaverhillPrice Range # of Avg. Days Listings on … (0 comments)
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real estate investing: 3 Tips for Newbies in Real Estate
- 08/29/10 04:49 AM
Are you looking to get into real estate investing and want to know how to get started? I have 3 Tips for you, Newbies and Seasoned Pros alike: Focus, Get Educated (for Seasoned Pros-keep educated!) and Find Money. There are tons of options today for profitable real estate investing. Whether you are interested in foreclosures and short sales, or wholesaling, or jumping in to commercial real estate, or investing in residential redevelopment as I do in SE NH and NE MA, it can be overwhelming to decide on the investment vehicle that works best for YOU. My tip is choose … (0 comments)
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Today are the Mid-term elections. Debates, finger-pointing, even rants abound. The results could be pivotal for our nation.
;)
;)
