Foreclosure and REO Properties Expert Advice

We, as a people, have become desensitized by the lack of trust that is demonstrated in many segments of our society. 
The government questions the longevity of social security, a trusted legacy for many generations; many pension funds have disappeared, leaving millions without suitable retirement; and now, many banks are having to take away the consumer’s […]

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With Real Estate Values Dropping, A Readjustment of our Values.
Reluctantly…
I attribute our current downturn in real estate values and the surge of foreclosures to short-sightedness and a pinch of “greediness”. 

Overly zealous developers, catching the wave, continued to develop without consideration to future demand. 
Municipalities approved subdivisions after subdivisions because it was good for the tax base, […]

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TULLY’S REAL ESTATE AND MORTGAGE NEWS:
Looking  For  a  Mortgage??
 
If you are in the market to buy a new home or refinance your existing mortgage, you had better be extremely qualified or not really in need of one.
The reason that I say this, is that the easy credit that fuelled the housing boom of the last […]

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TULLY’S   NEWS:  Current Inflation Rate 2007
 
Inflation’s  Out of  Sight!!
  
Today, the federal government released its figures for wholesale inflation.  It showed the largest monthly increase in 34 years.
The actual rate was 3.2% for the month. If you were to annualize that,  it would put inflation running at over  38% for a year.  
(OUCH!!!) 
The good news is that one […]

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Here we go again. 
What goes up, must come down.  The roller coaster ride is not over. 
With the downward turning real estate market ahead of us, the million dollar question is how do I sell my property with falling real estate values? 
Falling from what? 
Are we talking about falling from a reasonable return on your real estate […]

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