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Monthly Archives: April 2010
This post announces: House Committee Approves FHA Reform, Overlooks Changes to Minimum Down Payment On Tuesday, April 27, 2010, the House Financial Services Committee approved legislation that the lawmakers say will keep the FHA viable and enable it to continue … Continue reading
R E news roundup: Short Sales…A Breeding Ground for Fraud? http://www.dsnews.com/articles/short-salesa-breeding-ground-for-fraud-2010-04-23 Experts Predict Short Sales Could Prevent Foreclosure Wave in Nevada href=”http://www.reibulletin.com/146/experts-predict-short-sales-could-prevent-foreclosure-wave-in-nevada/” Fannie Mae Extends Seller Assistance Through HomePath to Help Move REOs http://realestate.bryanellis.com/1984/fannie-mae-extends-seller-assistance-through-homepath-to-help-move-reos/#7KmyIr2KF9VU
The commonly held understanding about foreclosures, short sales and bankruptcies was that they would very severely impact a persons’ credit. A person who had a foreclosure on his record might have to wait as much as seven years before he … Continue reading
Here’s a Forbes article about the real estate market and whether we are out of the woods yet. As I read it, Forbes doesn’t think so, and neither do I. There were suggestions in the media this week that there … Continue reading
News stories abound telling us that the real estate market has bottomed or that the economy has turned around. This article suggests that there is more to the story than would at first appear. Much of what moved the market … Continue reading
Real estate investors can expect to pay more taxes to help pay for Obamacare. Obamacare places a 3.8 percent annual tax on investment income on individuals who make 200,000 dollars or more a year, and on couples that make 250,000 … Continue reading
This is amazing!