America's Largest Social Network for Default Real Estate Professionals
We all feel the pain as do appraisers, so if you did BPOs for Wells between 2005-2010 those BPO companies were cleaning up while we were getting peanuts. Take a minute to view these guys adding humor to current issues.…Continue
“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry Ritholtz
How do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of investors are putting their money in the stock market directly or…Continue
Added by Dmitriy Fomichenko on January 11, 2017 at 8:32am — No Comments
This is a question I get asked all the time. When an owner has passed and has rental property should the heirs sell the Palo Alto probate or trust home with the tenants in place, or wait until the lease is up?
While most years I would say wait until the tenants are gone but with the uncertainty of how interest rates will affect prices and what will happen to a Palo Alto market that…Continue
Added by Marcy Moyer on January 8, 2017 at 9:52am — No Comments
Developers don’t build condos with the intention of sloppy work that they hope no one will notice. But never the less, they almost always get sued in about year 8-9.
In California, new construction comes with a 10 year warranty on latent defects on the structure. In plain terms home owners and homeowner associations have 10 years to sue a developer if they find problems with the structural components of a building such…Continue
Added by Marcy Moyer on January 3, 2017 at 10:38am — No Comments
Added by Marcy Moyer on December 31, 2016 at 1:13pm — No Comments
In Florida, We're Having a Heat Wave This Winter At The Beach!…Continue
Added by Nicole Ocean on December 29, 2016 at 10:46am — No Comments
On Nov. 8th Mountain Voters approved Measure V, commonly known as the Rent Control Measure. If you are the Administrator of a Mountain View Probate Estate that has rental property to sell this is a huge deal. You need to know the rules in order to make sure the property is sold…Continue
Added by Marcy Moyer on December 17, 2016 at 9:30am — No Comments
The Stock Market Surges to 20K And The Masses Applaud Their Own Doom
Make no mistake folks, the stock market surge is based on credit and at some point, that credit is going to default. The scary part is, we all know this, we all know our country is borrowing to pay debt, our citizens aren’t saving, it’s not a secret and yet, we are applauding this credit driven stock market boom, to our own demise.
I heard it once said…or read it somewhere which is more likely…, “we can’t…Continue
Added by Nicole Ocean on December 14, 2016 at 11:30am — No Comments
Among the available retirement options, Solo 401(k) plans are worth considering, due to their relatively high contribution limits, flexible investments and the ability to make after-tax Roth contributions.
Here are some reasons self-employed business owners should consider Solo 401(k) plans.
Because the self-employed professional wears the dual…Continue
Over 2016, Goldman Sachs has become a major player in the default loan industry buying all the bundles of Fannie Mae loans throughout the year. I have noticed that the properties are now starting to pop up in my area but the agents are from about a hour or more away. So the question it does anyone know who to get into Goldman Sachs?
Anyone who has looked for acreage in places like Pescadero, Gilroy, or Morgan Hill has probably come across a situation where a neighbor or friend has horses or goats or cows who graze the property. You ask to see the lease and the response you get is…Continue
Added by Marcy Moyer on December 7, 2016 at 2:16pm — No Comments
“Compound interest is the 8th wonder of the world… Those who understand it earn it… Those who don’t pay it.” ~ Albert Einstein
Thanks to the efforts put in by financial gurus, a lot of people are aware of the concept of compound interest. For those of you a little dubious about the same, here’s a quick definition:
‘Compound interest is interest calculated on the initial principal and also on the accumulated interest…Continue
Added by Dmitriy Fomichenko on November 29, 2016 at 7:40am — No Comments
After the election I started watching Bloomberg TV instead of the news/opinion channels I had been watching. I guess I just got tired of all the yelling, in addition to the fact that I felt the need to try and get some clarity on what might happen to the economy, and more specifically the Silicon…Continue
Added by Marcy Moyer on November 28, 2016 at 12:54pm — No Comments
When it comes to retirement savings, we all do wish for the same amount of investment freedom that we usually get with our other investments. Traditionally, most of the financial institutions offer limited investment options, starting with stocks and bonds to mutual funds and CDs only. The last recession taught…Continue
Added by Dmitriy Fomichenko on November 23, 2016 at 2:36am — No Comments
As a realtor who specializes in Probate sales I have recently been involved with a number of families were trying to sell homes they thought they inherited or had title to, but wound up in Probate instead. Since the Probate courts are backed up, this can cause delays,…Continue
“It’s not how much money you make that makes you rich, it’s how you spend it.” —Charles Jaffe
With a little bit of research, you will find out that the same piece of wisdom has been coined time and again by several financial experts.…Continue
Added by Dmitriy Fomichenko on November 18, 2016 at 12:06pm — No Comments
As a realtor who specializes in Probate sales I have recently been involved with a number of families were trying to sell homes they thought they inherited or had title to, but wound up in Probate instead. Since the Probate courts are…
Added by Marcy Moyer on November 15, 2016 at 9:58am — No Comments
Recently I have been involved with a number of families were trying to sell homes they thought they inherited or had title to, but wound up in Probate instead. Since the Probate courts are backed up, this can cause delays, heartache, and tension for the families and were problems that probably could have been…Continue
If you're a player or sports fan, you understand the importance of 'extra' effort. When it comes to…Continue
Added by Dmitriy Fomichenko on November 9, 2016 at 4:22am — No Comments