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How to Use Tax Liens to Acquire Distressed Properties

A few months ago, I met a woman who had just moved from her single-family suburban home into an apartment complex. When I asked her why, she told me that back in 2006, she was injured in a serious automobile accident. For the next five years, she was unable to work. Even though she owned [...]

2017-04-04T02:39:52+00:00 By |Categories: Investing|Tags: , , , , |Comments Off on How to Use Tax Liens to Acquire Distressed Properties

Why Avoiding Partnerships Can Be Your Wisest Move as a New Real Estate Investor

Why New Real Estate Investors Should Avoid Partnerships Many new real estate investors partner with friends to create real estate investing companies. At first, entering into a partnership can seem like a great idea. If you pool your assets with another person, you can buy more expensive properties from the start and – hopefully – [...]

Fannie, Freddie, Weigh Principal Reductions as BofA Tests Mortgage-To-Lease Program

Mortgage giants Fannie Mae and Freddie Mac are reportedly considering reducing the amount of principal that struggling mortgage holders owe in an effort to stave off foreclosures and keep people in their homes. A joint report by NPR and ProPublica says Fannie and Freddie are considering principal write-downs because, in many cases, the move would [...]

2017-04-04T02:39:54+00:00 By |Categories: Mortgage|Tags: , , |1 Comment

Nowhere To Go But Up: Lessons From The Phoenix Market

A recent piece in the Wall Street Journal detailed what appears to be a blossoming recovery in the ravaged Phoenix housing market. What the Journal found was a bounce-back that is reshaping the Phoenix market in some fundamental ways and, as always, there are winners and losers. Basically, the Phoenix market has hit bottom, and [...]

2017-04-04T02:39:54+00:00 By |Categories: New York City, Real Estate Learning|Tags: , |Comments Off on Nowhere To Go But Up: Lessons From The Phoenix Market

Delinquency, Foreclosures Climb In NY Area

Analytics company CoreLogic Inc. has reported that delinquency and foreclosure rates in the greater New York City area rose at the end of 2011, bucking a national trend toward reductions in both categories. In December 2011, foreclosure inventories hit 4.6 percent, a 0.6 percent increase from the previous year, while delinquency rates hit 7.9 percent [...]

2017-04-04T02:39:54+00:00 By |Categories: Investing, New York City, News|Tags: , , |Comments Off on Delinquency, Foreclosures Climb In NY Area

Earning profits through Foreclosure & Short Sale

Recently, the real estate market has been seen as a black hole.   However, you will see that if you invest in the right type of property, you have the potential to earn very good profits with the added bonus of revitalizing neighborhoods. I am talking about short sales and foreclosures. Why Should You Invest [...]