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Rent vs. Buy: More Affordable to Buy in 72% of America’s 50 Largest Cities By Trulia

24.01.2011 Blog, Economics, Foreclosures, Houses, Investment Properties, US Real Estate
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Trulia released the findings of its Q1 2011 Rent vs. Buy Index today. When we compared the median list price for a two-bedroom apartment, condo or townhouse with one year’s worth...

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Does Buying In A Live Auction Make Sense

20.01.2011 Auction, Blog, Foreclosures, General Investing, Houses, Investment Properties, Silicon Valley
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At an auction held earlier today in Mountian View CA the following properties were auctioned: 453 N Rengstorff Ave #4, Mountain View CA 94043 38500 Paseo Padre Parkway #308, Fremont CA 94536 3300 Wolcott Common #212 Fremont, CA  94538 The...

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Bad Credit = No Loans? Think Again. The Future Of Loans

19.07.2010 Blog, Economics, Foreclosures, General Investing, Home Brew, Mortgage, US Real Estate
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I'm no expert about lending, loans, credit scores and credit repairs. But, I have been around conducting business for years. The fact that you have foreclosured, been late on payments, short-sale or anything similar WILL...

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Freddie Mac to Auction REO Homes in Phoenix

18.07.2010 Arizona, Blog, Foreclosures
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by Kerry Curry 2:23 PM July 16, 2010 Freddie Mac will auction 135 REO houses in Phoenix next month — with a portion of the residences reserved for first-time homebuyers. Nearly a third...

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Fannie Wants To “Lockout” Borrowers Who Strategically Default

15.07.2010 Blog, Foreclosures, General Investing
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By Nick Timiraos Fannie Mae said on Wednesday that it would “lockout” borrowers from getting a new loan for seven years if they “strategically default” on a property. The move is...

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The Menace of Strategic Default

13.07.2010 Blog, Foreclosures, Mortgage
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By LUIGI ZINGALES Homeowners who walk away from their mortgages undermine our financial system. HULTON ARCHIVE/GETTY IMAGES Fortunately, debtors no longer face prison time, as they did in nineteenth-century London, but shouldn’t they...

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Study: Nearly One in Five Mortgage Defaults Are ‘Strategic’

13.07.2010 Blog, Foreclosures
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By Nick Timiraos A new report estimates that nearly one in five mortgage defaults through the first half of 2009 were “strategic,” where borrowers who appeared to have the capacity to...

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