That’s evidenced by fact that guys from the Clinton Bush administrations have probably been helped to purchase failed banks with ok money guaranteed to create massive returns by the US Government. REO and subtracting this sale price from the note face value creates an absolute loss and probably was paid by the FDIC or some government or CDS insurance loss subsidy. These same bankers could’ve chosen another route. You see, foreclosure is an absolute loss since none of these homes are probably worth as much as homeowner owes. So that’s how our partner Principal Reduction… Read Article →
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Those markets that are still seeing appreciation -Atlanta, Charlotte, Dallas and Seattle -they have not experienced the boom and bust levels of appreciation as seen in the now declining markets. Now has been time to get and HOLD, I’d say in case you seek for to be a real estate investor. Slow and steady wins race -or at least that adage had been used in past. Essentially, mostly there’s nothing incorrect with the real estate market that a year or 2 won’t fix. That’s interesting right? Do yourself a favor and get rich slow. With… Read Article →