Five years ago I wasn’t a very popular guy.
A lot of folks didn’t want to talk to me about my thoughts on the coming real estate market. My forecast of this massive mortgage meltdown fell on deaf ears. I tried to warn anyone that would listen to me. Most didn’t.
As a mortgage banking […]
Entries Tagged as 'Real Estate Market'
Economic ‘Tsunami’ Just Starting - 5 Years Ago… 5 Years From Now…
May 14th, 2008 · No Comments · Bulk REO Properties, Foreclosure Market, Foreclosure News, Foreclosure Properties, REO Properties, Real Estate Market, Recession, The Economy, investment properties
Tags:defaults·economy·Foreclosure Properties·investment properties·Mortgage·Recession·REO Properties
REO Properties - A Time To Buy… Here’s How
March 17th, 2008 · No Comments · Bulk REO Properties, Foreclosure Market, Foreclosure Properties, REO, REO Properties, Real Estate Market
A SEASON for ROTATION
As all seasons and conditions occasionally call for change and rotations, so is true of the stock, bond and real estate markets.
Since markets move in cycles, the prudent investor is always searching for the next sector to go into for a profit. Now is a wise time for the savvy to make […]
Tags:Foreclosure·foreclosures·investing·real estate·REO·REO Properties
Bank of America Buys Countrywide. What This Means To Borrowers…
January 16th, 2008 · No Comments · Foreclosure, Foreclosure Market, Foreclosure News, Foreclosure Resources, Mortgage, Real Estate Market, The Economy, Workout Specialists
I’m sure you’ve read the recent news about Bank of America purchasing Countrywide (America’s largest home lender) for about $4 billion earlier this month.
This is a huge deal in the mortgage world… but what will this mean to borrowers who are having a tough time making their Countrywide mortgage payments?
What you will likely see is […]
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Creative Financing Ideas - No More Easy Mortgage Loans
December 19th, 2007 · No Comments · Daily Musings, Financing, Foreclosure, Mortgage, Real Estate Downturn, Real Estate Market, The Economy
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 […]
Tags:Bad Credit·Buying a Home·Getting Financing
Current Inflation Rate - 2007 Out of Sight!
December 16th, 2007 · No Comments · Daily Musings, Inflation, Real Estate Downturn, Real Estate Market, The Economy
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 […]
Tags:2007 inflation rates·current inflation·Inflation
Exiting a Down-turning Real Estate Market, Deferring the Tax or Leaving a Legacy
December 14th, 2007 · No Comments · Capital Gains Tax, Charitable Remainder Trust, Exit Strategies, Real Estate Downturn, Real Estate Market
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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