Foreclosure and REO Properties Expert Advice

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 […]

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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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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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