Real Estate
by Winston Westbrook
| August 17, 2009
We’ve all heard the saying that opportunity only knocks once.
Do you feel like you missed the boat?
Many investors that were not prepared for this current historic market of record low prices and interest rates feel that their boat has set sail and they did not get a chance to participate.
American author Louis L’Amour said it best. He said, “Some say opportunity knocks only once. That is not true. Opportunity knocks all the time, but you have to be ready for it. If the chance comes, you must have the equipment to take advantage of it.”
Well, I have good news for you my friends. Another wave of foreclosures is coming and you have some time to prepare for it. The historic market you think you missed is coming back and better than ever.
So Winston, where is this second wave of foreclosures coming from?
The 2nd wave of foreclosures is coming due to the following 4 reasons:
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Real Estate
by Charles Feldman
| July 21, 2009
Buyer beware: The alleged crooks are back! And, they are after YOUR money; and getting it.
An eye opening account in the New York Times is a must read for anyone who is seeking a mortgage modification.
The article talks about how many of the very same people who seeded the current financial crisis with subprime mortgages are now going into the mortgage modification racket.
That’s right—the same people who often knowingly brokered subprimes to people they knew–or should have known–could never afford them, are now offering, for an upfront fee, of course, to get those subprime mortgages altered to be more affordable.
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Joshua Dorkin
Charles Feldman
Ted Karsch.
