Many property owners are familiar with the “Terrible T’s” in real estate: termites, tenants and trash. Often the “Terrible T’s” become so burdensome that investors decide they want out of real estate altogether. At that point however, investors become all too familiar with another “Terrible T” – Taxes! Almost all states require the payment of [...]
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Latest News
AB 1511 – Real Property Disclosures: Transmission Pipelines
There is a new bill currently making its way through the California State Assembly – AB 1511. AB 1511 would make it mandatory to disclose if any residential property is located within 2,000 feet of a gas transmission or hazardous liquid pipeline as depicted in maps by the National Pipeline Mapping System (NPMS) and Geographic [...]
What are GFCI’s and why do I need them in my home
GFCI stands for Ground Fault Circuit Interrupt. These are the circuits in your home with the black and red buttons on them that make a snapping sound when the circuit has been tripped. You will usually find them in the bathroom, kitchen and on exterior outlets. So how come I need to have them in [...]
WHAT YOU NEED TO KNOW ABOUT THE NATIONAL MORTGAGE SETTLEMENT
On Monday, March 12th, the proposed Settlement documents were filed in Federal Court revealing what each of the Lenders is required to do. You can read the details at http://nationalmortgagesettlement.com/. How they’ll meet those obligations is critical to upside down homeowners. Those details are slowly emerging through analysis, press-releases, and side deals. Here’s what you [...]
Foreclosure Activity Continues to Fall
Here is more news you can use: The “foreclosure wave” many predicted at the end of last year is beginning to look more like a drought, as foreclosure sales dropped significantly in February. Although sales to 3rd Parties, typically investors, were down month-over-month, as apercentage of all sales 3rd Parties purchased a record 37.6 percent [...]
FICO 101
A credit bureau based credit risk scoring model, more commonly known as a credit score, is a numeric representation of your credit risk based on a review of the information in your credit file. The score is generated by a sophisticated credit scoring model, which is made up a series of complex algorithms. The most [...]
Realty Times – 30-year Fixed-rate Mortgage Averages 3.90 Percent
Realty Times – 30-year Fixed-rate Mortgage Averages 3.90 Percent.
Extreme home buying opportunities abound
There has never been a better time in my lifetime for you to buy a home. No kidding. The opportunity is extreme. If your situation fits, don’t miss the opportunity. Extreme home buying opportunities abound | www.clarkhoward.com.
Protected: 10751 Folsom Blvd, Rancho Cordova, CA 95670-4831
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TREASURY ANNOUNCES REVISED HAMP PROGRAM
As reported in DSNews.com, government officials have announced changes to the administration’s Home Affordable Modification Program (HAMP) which are expected to extend relief to a larger share of struggling homeowners as well as renters, according to federal officials. One of the key adjustments to the program centers around principal reductions. HAMP currently includes an option for servicers [...]
Defining Life Settlement Investing with a Self-Directed IRA
Here is a wonderful article I read concerning Life Settlement Investing with a Self-Directed IRA by Munzer Ghosheh, who is the Business Development Manager for The Entrust Group The life settlement market has burgeoned into a $20 billion industry and according to Bernstein Research, is on track to exceed $160 billion over the next [...]
