One study of mortgages during the Great Depression found that almost half of urban, owner-occupied homes (on which there was a mortgage) were in default by 1934. The government’s answer was to sponsor the creation of Fannie Mae in 1938 (or as it is really called, the Federal National Mortgage Association), which was, and [...]
For homeowners facing foreclosure or bankruptcy–or considering a short sale of their property to avoid one or both–the effect the action will have on their credit is undoubtedly a huge concern. Though keeping their homes might not be an option at this point, there could very well be another one in the not-too-distant future, so knowing when they’ll be eligible to qualify for another mortgage is important. 
The meeting was held on the 24th floor of the 
A couple of years ago, I was talking to a customer for my property management software who was based in Ulan Bator, Mongolia. “Mongolia!” I said. “Holy cow! Why are you investing out there?”
Let me pass along a story that has extreme relevance to our current real estate picture. It involves dolphins in the Gulf of Mexico and their feeding by well meaning – although some would say misguided – people called tourists.
This is Part 2 in the Residential Land Development series showing you how to find, price, and develop land for residential single family property.
Joshua Dorkin
Charles Feldman
Ted Karsch.
Grow Your Real Estate Network; Get Involved Locally
by Justin Pierce | November 8, 2009I cringe to even think of writing this post, peppered with politics, but we just had an election for a Governor here in Virginia and it raises a few points that I think investors (well any businessman or woman) should keep in mind. Don’t worry, we’re not talking party politics, but local political involvement.
Put [...]