Bailout Economy Has Roots In Obscure Law

Many believe the mortgage and housing crisis which triggered an impending financial system meltdown according to the former Treasury Secretary, Hank Paulson, would need a Congressional “blank check” to avert disaster. At least, that is what Ben Bernanke and Mr. Paulson told Congress who then gave them the “bailout bill” including the $750 Billion asked [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

Bailout Economy Has Roots In Obscure Law

Source: Bailout Economy Has Roots In Obscure Law

Here Comes the $8,000 New Home

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Remember the company that created the $2,000 new car?  Tata Group of India has unveiled its newest brilliant innovation - the $8,000 new home.
The bad news is, Tata won’t be bringing its $8,000 homes to the United States any time soon.  Shubh Griha, the company’s new housing development, is located in Boisar, about [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

Here Comes the $8,000 New Home

Source: Here Comes the $8,000 New Home

Some Old Maxims In Today’s New Real Estate World

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What with all the hubbub going on about REO’s, foreclosures, short sales and new, bigger and better gurus popping out of the woodwork telling us they have the secret to “get rich” in today’s market, it is very easy to put some of real estate’s oldest maxims in our back pocket. [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

Some Old Maxims In Today’s New Real Estate World

Source: Some Old Maxims In Today’s New Real Estate World

The United States of Empty Houses: More On Sale As More Foreclosures Expected

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In some parts of the country, you can practically trip over all of the vacant houses up for sale.
By one estimate (the National Association of Realtors)–there are nearly 4 million homes (defined as everything from a townhouse to a condo to anything pretty much you can live in, except your [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

The United States of Empty Houses: More On Sale As More Foreclosures Expected

Source: The United States of Empty Houses: More On Sale As More Foreclosures Expected

The United States of Empty Houses: More On Sale As More Foreclosues Expected

Image by AFP/Getty Images via Daylife

In some parts of the country, you can practically trip over all of the vacant houses up for sale.
By one estimate (the National Association of Realtors)–there are nearly 4 million homes (defined as everything from a townhouse to a condo to anything pretty much you can live in, except your [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

The United States of Empty Houses: More On Sale As More Foreclosues Expected

Source: The United States of Empty Houses: More On Sale As More Foreclosues Expected

More Homeowners Facing Foreclosure

More homeowners are falling behind on their mortgages and sliding into foreclosure, according to new figures, a sign that the housing crisis is spreading.

Source: More Homeowners Facing Foreclosure

Number of Homeowners Facing Foreclosure Rises

More homeowners are falling behind on their mortgages and sliding into foreclosure, according to new figures, a sign that the housing crisis is spreading.

Source: Number of Homeowners Facing Foreclosure Rises

High-End Foreclosures Are Next

High-End Foreclosures Are Next CNBC I heard a startling statistic from the National Association of Realtors this morning…no not that home sales are actually increasing, but something about the high end of the market. Chief economist Lawrence Yun…(read more)

Source: High-End Foreclosures Are Next

Banks Aiming to Play Both Sides of Coin

Banks Aiming to Play Both Sides of Coin The Wall Street Journal Some banks are prodding the government to let them use public money to help buy troubled assets from the banks themselves. Banking trade groups are lobbying the Federal Deposit Insurance…(read more)

Source: Banks Aiming to Play Both Sides of Coin

How to Avoid an Eviction

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Have you ever had to evict a tenant? Well, I’m going to show you how to hopefully avoid ever having to evict someone (I’ve never done an eviction in my life).
Of course, the first thing you do is screen the crap out of your tenants to make sure a deadbeat [...]

This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved.

How to Avoid an Eviction

Source: How to Avoid an Eviction