10/3/2008 12:46:00 PM
How the Subprime Mortgage Mess Began
The federal government made the subprime mortgage mess inevitable when it imposed social engineering rules on private mortgage contracts. The long process began with the 1975 Home Mortgage Disclosure Act (HMDA), the 1977 Community Reinvestment Act (CRA) and ...
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6/20/2008 11:30:00 AM
Great Investor Meeting
Met with a group of investors this morning who really understand this market. It is a BUYERS MARKET and a great time to buy. They have a business plan to buy distressed properties in great neighborhoods both to "rehab for profit" as well as to "buy ...
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5/1/2008 12:02:00 PM
The Time to Buy is NOW!!
A new word for Recession. Our Florida Real Estate market is working it's way through this economic hardship. Whether it was inevitable or brought on and worsened by the Media, the fact of the matter is that a correction was needed. In many areas of our ...
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3/3/2008 5:46:00 AM
Banks may FREEZE Helocs
As many of you know the housing market is experiencing severe declines in property values all across the country (especially in Florida) which has forced lenders to tighten their lending guidelines. Some banks, such as Countrywide, have gone so far as to freeze ...
Views: 963
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1/22/2008 1:46:00 PM
It is a great time to buy in Florida!!
The upside of Florida Real Estate: 20 market positives Let’s take a look at some of the opportunities and positive indicators for the future of Florida’s real estate market. Long-term economic and demographic trends continue to favor Florida. By ...
Views: 121
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11/22/2007 9:02:00 AM
Best Idea Yet for Property Tax Reform - Wake Up and do something about it!!
There is no doubt we NEED Tax Reform! There is no doubt that our Legislature in Florida has FAILED to do anything meaningful! We need HELP!!! Property Owners pay more than their share of taxes. Non-Homestead Property Owners are penalized with outlandish taxes. ...
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8/19/2007 6:13:00 AM
A little footnote on the state of the mortgage business
Look at the statistics on foreclosures: 98.7% of mortgages are NOT in foreclosure. 97.4% of mortgages are paid on time 1.28% of mortgages ARE in foreclosure. Only 10% of mortgages are subprime loans. 8% of subprime mortgages are in foreclosure or delinquent. ...
Views: 129
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7/26/2007 1:37:00 PM
Monthly Statistics - SE Florida
SOUTHEAST FLORIDA HOUSING STATISTICS Month TTL / NEW / SALES / % SP/LP / AVG DOM May '07 75,828 18,110 3532 81% 106 June '07 107,249 16,495 3245 82% 151
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7/8/2007 4:09:00 PM
Model Leasebacks available - Positive cash flow opportunity!
Model Home Leasebacks Contact me NOW Available NOW - Limited supply!! Positive cash flow!! Investment Highlights: Investor with good credit is able to get into this with less than $3000 cash out of pocket No Mortgage Payments during construction (9-12 months) ...
Views: 148
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6/14/2007 2:18:00 PM
The Grand Reserve at Kirkman Parke -- New Construction Condos with Incentives
The Grand Reserve at Kirkman Parke -- New Construction Condos with Incentives The Grand Reserve at Kirkman Parke is a luxury new construction condominium development in Orlando Florida that is offering several hefty incentives to investors who buy in the new ...
Views: 108
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