insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6170oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6170According to the analytics firm, Capital Management, the housing crisis will actually end this year, thanks to looser credit standards and availability for borrowers. Borrowers are required to have a credit score of 700 or higher to obtain a mortgage loan. This is consistent with numbers from a year ago. In addition, banks are “lending […]
Even though there are signs of hope in the economic recovery, the housing market still has a long way to go. Of the 55 million mortgage holders in the US, industry experts predict that as many as 10 million will default by 2018. While there have been some attempts by the government to reduce the […]
Attention private real estate investors: The FHFA recently released a 3-step plan to lessen the role of Freddie Mac and Fannie Mae in the mortgage industry and shift it to private investors. Since 2008, when Freddie and Fannie were placed in conservatorship by the US Treasury, they have received more than $180 billion in taxpayer […]
Later today, Derek and I will be showing you 9 ways to cash in on short sales step by step whether you are an investor, OR a licensed real estate agent or BOTH. If you miss this you'll be leaving a boatload of money on the table. Enough to pay your car, mortgage, rent, food, […]
Answer: Yes and No Let me explain. A few years ago EVERYONE was flipping short sales and making gobs of money doing it. Today there are still investors making a killing with short sales BUT THE RULES have changed. The game is not being played on a level playing field anymore. The banks, underwriters and […]
So I'm sorry to be the bearer of bad news today but there's some data I have in my hands that I must reveal to you. Read this carefully please. *Short Sale flips are tougher to do than ever. There simply aren't enough people who can get bank loans to "cash you out" once you […]
A report that was released recently is putting Freddie Mac in the spotlight again, and not in a good way. After reviewing public documents, NPR and ProPublica revealed that Freddie Mac has actually been betting against the homeowners they claim to be helping. “The investment division of Freddie Mac placed millions of dollars of bets […]
2011 was a bad year for home prices. As a matter of fact, it was the worst ever. As a real estate investor looking for bargain properties that can be scooped up, fixed, and either sold or rented - that has to music to your ears. There’s only one problem: Mortgage bankers have gotten a […]
The other night I was lying in bed reading an article that blew me away... It's called "Prime Mortgage Borrowers: Then vs. Now." It was comparing the prime borrower in 2007 to the prime borrower RIGHT NOW. Check out how ridiculously easy it was to qualify for prime only a few years ago... In 2007 […]
2012 is going to be HUGE. Up to 9 million homes may enter foreclosure in 2012 period, versus one million in a typical year. This will send shock-waves through the stock markets and world economy. It may well be the "dark ages" for homeowners and lenders alike...and the wave of mortgage re-sets will continue in […]
