iEntry 10th Anniversary
RSS
Newsletter
Advertising
| Advertisement |
| Popular WPN Business Resources |
 |
 |
|
|
|
-
Latest Features from Digg and StumbleUpon
Although news outlets continually bring reports about new features on... -
What's Next for Twitter API?
Although Twitter's homepage gets a tremendous amount of traffic, it... -
The Rise of Horizontal Content Sites
Over the last year, the search industry has seen a large rise in...
     |
12 Comments
Foreclosed properties become an investment opportunity
After one and half years of declining housing sales, the trend is changing and sales are bottoming in most regions. The latest US Housing Numbers reported that the rate of declining home sales is decreasing at a lower rate and is on a path of actual overall growth by years end.
At this time foreclosed properties become an investment opportunity
Visit http://www.RealEstate4Profit.net/ or click on the following link if you wish to receive a FREE Report that reveals How to Make Money with Real Estate Investing! http://www.realestate4profit.net/freereport.html
Forclosures
The banks never loose out, money is only figures on a computer screen.
Changing times!
The banks are happy to lend
The banks are happy to lend because they never loose out, only the borrowers who suffer.
The whole banking system is currupt!!
ya but why?
I know foreclosures are all th buzz right now but the guys I've been talking to are doing much better in commercial real estate like apartments and self storage. They say that apartments are actually improving cash flows right now and it seems like self storage is almost recession proof too. My buddy owns a small apartment and it's throwing off as much cash as before this whole thing hit the fan. I just bought a cheap course on self storage to see if that might be a good angle too so we'll see when I get it. Uslandco has some free videos (and ya, I bought the course) but they really expain the current market and the difference between the commercial and residential world. Here's one on apartments: www.uslandco.com/free/apartment and one on self storage: www.uslandco.com/free/storage
Hope this helps. The residential foreclosure market just scares me too much right now.
Ongoing money for those with money
Funny how the crisis works out; the people with money get bailouts and get richer, while it is truly Joe Smith and his family that is affected throgh job layoffs and small business cuts.
re: Foreclosure rate
I think it is important to mention about new Hope for Homeowners plan. It started in October and is focusing on helping those homeowners that are unable to pay their mortgages.HUD estimated that almost 400,000 homeowners could avoid foreclosure through this program within the next three years. However to participate in this program borrowers must meet certain eligibility criteria like- for example: to have only one home, their mortgage must have originated on or before January 1, 2008 and their mortgage debt-to-income ratio must be 31 percent minimum .
Anyway in my opinion it may be good program helping many families to save their homes.
Very popular genre due to recent issues
Foreclosure and mortgage have always been huge, but due to recent events, they are absolutely becoming very popular.
Forclosures
The Yahoo real estate listing are nice. However, they don't offer much here in New Zealand.
I can totally see this
I can totally see this happening because since the market is moving so dramatically theres always a way to make money somehow. One person I know is beneffiting from such a shakeup in the real estate market is Alexis Mcgee of foreclosures.com.
Living Beyond the Means
Unfortunately this is all about potential homeowners living beyond their means. Owning a credit card with a $10000 limit is one thing; buying a house that costs $500 00, payable over 40 years, when you total combined income for the family is $45000 per year is unrealistic.
Boom and Gloom
Its easy to blame the Goverment and mortgage brokers, But the main responsibility lies with the borrower who says he can afford the repayments! Its Just that people rack up other debt on top of the mortgage. We are very careful in when arranging mortgage for a client from our Self Cert Remortgages website, we quite often find after the deal has finished clients have gone mad with credit cards and loans.
look after after the pennys and the pounds will look after themselves.
good site
good site
Post new comment