America's Largest Social Network for Default Real Estate Professionals
The Wisconsin housing statistics are in for December of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
2013 was a robust year for Wisconsin’s housing market, with both sales and prices increasing by solid margins, according to the year-end housing…Continue
Added by Michael Collins, CDPE, SFR on January 30, 2014 at 11:16am — No Comments
What Kind of Mortgage Fits Your Needs?
No matter the state of the economy, each year the number of new mortgages underwritten reaches millions of homeowners. Some are buying for the first time while others are downsizing or upsizing. When rates drop, like they did over the past 2 years, many people seize the opportunity…Continue
Added by Michael Collins, CDPE, SFR on January 22, 2014 at 2:12pm — No Comments
Another scammer - REO PRO CORP is around the block. Watch out as you will be scammed! You can see the closeness in name to our revered name - REO PRO Default Professionals.
This scammer and fictitious company has been targeting realtors and assured them either through emails or phone calls that they have Fannie Mae listings, but the realtor should pay them upfront $400.00 (Four hundred dollars). That will be the last you will hear from them if you fall for their scam and…Continue
The Wisconsin housing statistics are in for November of 2013. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:
Wisconsin home sales fell 6 percent in November 2013 when compared to November 2012, although total sales for the year remain ahead of 2012.…Continue
Added by Michael Collins, CDPE, SFR on January 16, 2014 at 10:51am — No Comments
What is a Self Directed Individual Retirement Account and Why Should You as a REO Professional Care?
First, you need to know what an individual retirement account is before you can truly appreciate what a self directed individual retirement account is.
Per the Internal Revenue Service, you basically have two types of individual retirement accounts. Those are Traditional IRA…Continue
Added by Jesus (Jesse) Gonzalez on January 13, 2014 at 7:24am — No Comments
The Real Unemployment Rate is 13%
You heard me correctly, the real unemployment rate of this country is 13%. So, when I say “Real” what do I mean. The U-6 rate is by far the broadest and most accurate depiction of that the unemployment rate truly is in this country. The reason I believe this is because the U-6 number includes the unemployed (those getting unemployment insurance benefits), the underemployed (those who…Continue
I Used my Retirement Money to Buy Real Property and Make Money.
Well, as many of you may know, in the past two years I have been really studying as much as I can about how to use retirement funds to buy property. After much studying, last year I took the dive and attended my first tax auction. I bought a property with my retirement money and I am now about to…Continue
Added by Jesus (Jesse) Gonzalez on January 3, 2014 at 8:21am — No Comments
2014 Housing Changes and Predictions:
New lending rules will limit the number of working class buyers. By now, you have likely heard of the new mortgage rules that are going into effect January 1, 2014. As you know, the people who put these rules in place (Congress via HUD) believe these new guidelines provide greater consumer protections and will prevent a similar collapse we had in 2007.…Continue