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“Once again this quarter, the rate of foreclosure starts and the percent of loans in the process of foreclosure are the highest recorded since 1979.” Here are the Grim Statistics The delinquency rate on residential properties was 6.35%. Everyone is down on real estate as an investment right now. But, this dismal real estate market is exactly what investors have been waiting for. And, it’s exactly what home buyers should be hoping for. Here is an affordable chance to purchase what could be the best investment you will ever make. Some people will disagree with [...] Here is the worst financial advice I have ever heard: “It’s better to rent instead of buying a house and then you can invest the difference in the stock market.” Logic Behind the Advice Often, this advice comes from someone who has “Run the Numbers” and determined mathematically that you will be ahead if you [...] Are you Struggling to Pay your Mortgage ? It is estimated by the Center for Responsible Lending, that 2.2 million homes with subprime loans may be lost to foreclosure in the next few years. That’s 1 in 5 subprime mortgages that are projected to end in foreclosure. And, if the economy falters, it could get worse. If you are one of those in [...] Ok, so I’m late to the party. Every blogger, pundit and reporter has already been waiving their arms around for weeks now, trying to get their 15 minutes of fame from the subprime fiasco. Never mind that most of these hacks never saw it coming. It’s big news right now and everyone is chiming in, with [...] |
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