The President’s strategy for economic recovery is a stool with several legs, as he’s [...]
Monthly Archives: March 2009
Foreclosures Slow Dramatically, Down More Than 25% in January; California Foreclosures At Lowest Level Since December 2007
March 1, 2009 – 3:55 pm
Foreclosures across the United States plummeted by more than 25 percent in January, with many of the hardest-hit states seeing dramatic drops in the number of homes repossessed by lenders, according to the latest U.S. Foreclosure Index released today by ForeclosureS.com, a leading real estate information provider.
Nationally, the number of completed foreclosures dropped from 97,841 [...]
Four Essentials for Happiness
March 1, 2009 – 1:38 pm
You may have a thousand different goals over the course of your lifetime, but they all will fall into one of four basic categories. Everything you do is an attempt to enhance the quality of your life in one or more of these areas.
The Key to Happiness
The first category is your desire for happy relationships. [...]
$8,000 Tax Credit Now Available!
March 1, 2009 – 1:17 pm
First-time home buyers who purchase a home this year can now take advantage of the stimulus bill’s $8,000 tax credit, the U.S. Department of the Treasury said in a recent news release.
Unlike the previous $7,500 credit available to this group of buyers, the credit outlined in the American Recovery and Reinvestment Act of 2009 does [...]
Success Is Everything
March 1, 2009 – 12:59 pm
Someone once said to me that success isn’t everything and I think I know what they really meant. I believe they really meant that money wasn’t everything and I certainly agree with that. But I do believe that success IS everything.
First you need to succeed to survive. We must take the seasons and learn how [...]
9 Ways to Improve Your Credit for Rent-to-Own Buyers
March 1, 2009 – 12:57 pm
Close out old accounts
In some cases if you have TOO MUCH available credit on your credit report it can hurt your score and reduce the amount lenders are willing to loan you. This can happen to people who have long credit histories. Old, unused accounts are never closed but they do count as available credit nonetheless.
If your [...]
Another IRS Target: Your Mortgage Interest Deduction`
March 1, 2009 – 12:55 pm
There are rumblings coming out of the East Coast of a new IRS target – your mortgage interest deduction. Yes, I’m talking about the interest deduction you take on Schedule A as an itemized deduction.
So far, all I’ve heard about is that the IRS notices that item. Initially, they’re asking for proof of the loan [...]
Tips and Tricks for a Successful Rehab!
March 1, 2009 – 12:54 pm
My joke about contractors is anyone with the word “con” in their title should not be trusted!
Seriously though, as with any profession, there are GREAT contractors and bad contractors. The key is to find contractors that have worked with investors… not homeowners.
Your contractor needs to understand you are selling this house for profit. [...]
Government Foreclosures: Are There Deals in There?
March 1, 2009 – 12:50 pm
With the growing number of government guaranteed loans going bad, our government is now the dominant owner of US property. And with stepped-up efforts by Obama and the Fed lessen the pain of foreclosures; it’s likely that our government will end up holding the bag on even more foreclosed homes.
But we all know that our [...]
