Archive for February, 2008
How to beat foreclosure?
Joe Lents of Boca Raton, Fla., apparently requested proof from Washington Mutual Inc. — the lending institution that claimed to own the promissory note to his home — that it was indeed the rightful mortgage owner when foreclosure proceedings were initiated.
Washington Mutual Inc. couldn…
Why Connecticut Wants Your Money Any Way They Can Get It…
“If the Realtors are so concerned, why don’t they lower their 6 percent [commissions]?” James Finley, Connecticut Conference of Municipalities chief lobbyist.
This folks is what you are fighting when I bitch about government greed. The example of Connecticut fighting Realtors over …
CDO Primer or How The Subprime Mess Got So Big
I was forwarded this powerpoint presentation on the subprime mess and how a bad loan from a mortgage broker ends up bringing the economy to a precarious position.
Click on Image to Download Powerpoint Presentation.
I do not know who did this originally but if anyone can point me in the right direct…
How to flip foreclosures?
Join us for a LIVE online presentation on Tuesday, March 11 at 4 p.m. ET to learn how to discover unbelievable real estate deals, flip them for huge profits and get rich fast
“Fortune at Your Fingertips” is an interactive 90-minute educational experience that will demonstrate how to pu…
Kane County Board Attempts To Steal (Acquire) Leased Building
Ah, the power of a police force. The Kane County, Illinois government is in a quandary. They signed a long term lease on an old Montgomery Ward to house their government offices. But then decided they wanted to buy the building.
If it was a deal with anyone but a governmental agency, the process wo…
Past Inheritance and a Consumer Proposal
Question: I’m about to file an application for a consumer proposal and in looking at the application noticed that you have to state any lump sums you have received in the past five years. I received a lump sum of 10,000 about four years ago. At the time I didn’t have a lot of debt and ob…
Real Estate Quote: Miami foreclosure condos
“Real estate became very liquid especially in the condo market. People would buy pre-construction pricing and that’s before the building was out of the ground, and then they would sell the contract while the building was being constructed and for huge gain sometimes 200% gains……