The market is changing.
Is this good? Is this bad?
Depends on who you are. If you are a trustee sale buyer and have no friends and people skills (talk to a few of them, you will quickly see what I mean) you have to love the new market. In Santa Clara and Orange Counties the pirates [...]
Monthly Archives: May 1998
DO YOU HEAR THE DUCKS?
WHAT REAL ESTATE PRICES CAN WE EXPECT?
I have been very fortunate to find data relating to Notices of Default and Notices of Trustee Sale recorded statewide in California. Since the trends for both Northern and Southern California were similar, my study of the Southern California notices gives an excellent view of how foreclosures have affected prices throughout the state.
I will start [...]
IS THERE A BEST WAY TO HOLD TITLE TO REAL PROPERTY?
I am often asked the question, “What’s the best way to hold title to real property…a partnership, corporation, or limited liability company?”
The answer is, “It depends.” What else would you expect from a lawyer? The reason the question defies a simple answer is that there are many factors that go into the decision and the importance [...]
NOT ALL REAL ESTATE GURU’S ARE ALIKE
On a daily basis, Tim share’s with me what he has found on the internet that effects our real estate buying or training businesses. While reading www.creativerealestate.com, he came to an interesting link. “Grand Jury: McCorkle Sold Empty Promises”, published by the Orlando Sentinel on March 7, 1998.
Be very careful as to whom you accept as [...]
Roadblock hits in Southern California
SACRAMENTO, March 13, 1998: In December, Foreclosure Forecast, the Nehemiah Progressive Housing Development Corporation’s Down Payment Assistance Program had received approval from the U.S. Department of Housing and Urban Development (HUD) to go statewide in California.
The program enables homebuyers to pay as little as 1 percent down on a new or resale home and have Nehemiah [...]