Yearly Foreclosure Follies
Saturday, November 21
Did you know that mortgage lenders make a point to step up foreclosure filings in the fall each year, so they can take a break from it during the holidays?Nobody wants to be the villainous character knocking on the door, demanding money and threatening eviction. But the classic scenario is even m...
Shortage of Starter Homes Affects Everybody’s Home Sale
Friday, October 30
I noticed that the National Association of Realtors’ chief economist, Lawrence Yun suspects the slight downturn in September 2015 pending home sales is related to a shortage of homes for first time homebuyers. Yun is quoted by World Property Journal as saying:"There continues to be a dearth of av...
Privacy Rights Trump Municipal Rental Inspections – Finally!
Tuesday, October 27
A tenant has privacy rights, which is something many municipalities and many landlords seem to have forgotten or overlooked. It’s possible we’ve all been watching too many TV shows, and we’ve seen too many investigators sneak into apartments, homes and businesses, searching for evidence of ...
Who Owns America? International Investors On The Rise
Thursday, October 22
Real property in the United States of America is a good investment, for me and also for a Chinese investment group located in Hong Kong. Which one of us would you prefer to be your landlord?American citizens and the increasing numbers of foreign nationals living in the US enjoy economic stabilit...
Abandoned Homes - Homeowners and Lenders Are Not The Only Victims
Wednesday, October 21
Depending on the neighborhood and the condition of the home, I can get enthusiastic about a vacant house. But that particular enthusiasm has been fading over the years I’ve been investing in single family homes. These days, I very rarely pay attention to vacant property at all, unless someone I ...
Can We Stop The Big Banks, Or Is It Too Late?
Friday, October 16
It’s funny that a depression-era law has become a topic of discussion since the Democratic debate this week. I’ll give you a short summary, so you can see what you think about it.During the Great Depression, the Glass-Steagall Act of 1932 and the 1933 Banking Act were passed by the United States ...