mortgage: Parents who co-sign take a stand on Short Sales - 08/13/12 12:19 PM
Parents who co-sign on a mortgage need to take a stand on short sales.  Many parents have co-signed for their son or daughter helping them purchase their dream home.  However, the co-signer never intended to become liable on the mortgage as their son/daughter promised to make the payments on the mortgage.  With the change in our economy, many co-signers are left holding the bag or should I say the debt from a mortgage on a home that is upside down.  Everyone has mixed feelings as to how to proceed in this situation.  Co-signers never intended to be completely liable on the … (3 comments)

mortgage: Starting Over or Going Full Force - 01/11/09 07:08 AM
Starting Over or Going Full Force!
Many investors are asking me Kimberlee what should I do right now? Invest in more property, wait, try and sell what I have? Give the property back to the bank?  I recommend taking time to re-educate yourself about your marketplace. Figure out your mistakes and look for new strategies and solutions to avoid making those same mistakes again. Right now is a great time to buy and start your investment strategies with fresh and new ideas.
Buying Strategies
Buying discounted properties is an investor's dream and with so many properties available on the market … (0 comments)

mortgage: WHO MOVED MY MARKET??? - 12/04/08 07:00 AM
Have you heard the doom and gloom on the television and in the newspaper about the market?  Or, maybe you heard the doom and gloom from individuals around you?  Well I am here to tell you that your market is still here, you just need to know what to do in your market.  I have been investing in real estate since 1998.  I started rehabbing and selling for cash.  That lasted about four years until 911 came and changed the market.  I then changed from retailing to holding property.  I rented and lease optioned houses, I still did some retailing but … (0 comments)