Archive for August, 2009

When you think of real estate investing, a number of things may come to mind (like short sales). You likely leap to real estate investing as real estate portfolios and real estate retirement plans, and then you may expand to thinking of short sales, bulk reo investing or virtual real estate investing. Likely you also [...]

In 2006, the housing boom in the US began to cool down and increasing foreclosed news has dominated the media ever since.  Homeowners began to lose their homes or are threatened with foreclosures because they have failed to keep up with the payments on their mortgage. In cities where subprime mortgages are prevalent, foreclosure of [...]

The term real estate investing likely brings a number of things to mind (like short sales). You might immediately leap to real estate investing being real estate portfolios and real estate retirement plans or you may think instead of short sales, bulk reo investing and virtual real estate investing. You likely also are wondering how [...]

Foreclosure news continues to dominate national headlines as the unemployement rate keeps climbing.  Reports say that almost 6% of homeowners are either in the rears on payments or at the cusp of foreclosure.  This number has doubled as compared to just a year ago.  According to the Mortgage Bankers Association, it is very alarming to [...]

Since there are lots of people unemployed in this bad economic time, many homeowners are finding it hard to keep paying their house payments. Some people have good rates but still, without income, they still cannot keep paying. Some homeowners have adjustable rate mortgages and find their home payments adjust to outrageously high amounts. Many [...]