by Phyllis Rockower | Mar 20, 2012 | Economic News, Real Estate News
Investors are pushing up sales by buying multiple properties at the low end-less than 200k Unfortunately this caused the median price to drop to 264k. Cash rich hedge funds and private equity firms are buying up homes at a frantic level and renting them out. This...
by Phyllis Rockower | Mar 14, 2012 | Housing News, Real Estate News
The deal gives 5 major services-NOT NECESSARILY THE BANKS, incentives to write down the loans of severely upside down homeowners. Most of these home loans are not owned by the banks and might trigger litigation by the investors whose money it actually is. CA. was a...
by Phyllis Rockower | Feb 13, 2012 | Housing News, Real Estate News
condo associations,mortgage assignment,investors,cash flow,fha,condo dues That is why fha won’t grant the loans. Do if you are a condo owner you are stuck. However, if you are willing to do a subject to or mtg assignment you can get out from under. Investors will buy...
by Phyllis Rockower | Jan 29, 2012 | Economic News, Housing News, Real Estate News
I read an article yesterday that said home owners are getting more help. It also said that the program will include investors. I have no idea what that means but they need to get investors involved and make it easier for them. The govt is also going to increase...
by Phyllis Rockower | Jan 22, 2012 | Economic News, Housing News, Real Estate News
No surprise- it was Dec. Most of the sales were investors buying low priced properties. So the median price dropped. It’s still too difficult for most people to get a loan. Banks still are making record earnings without lending so the incentive to loosen is not...
