Correction: FDIChttp://www.fdic.gov/bank/individual/failed/silverstate.html On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

I was thinking of taking out a Home equity loan to purchase a home, but after reading some posts in here wonder if it is best (financially in the long run) to pay off the house (maybe in 2.5 years), before buying.

â€Question #3: “Since the amount of work involved doesn’t really differ according to the value of the house, financially, it seems like the percentage commission would make higher prices more favorable from a buyer’s agent’s perspective.

On a SFR, you would typically get a pro-approval based on your personal financial situation.

There is no financial accountability.

The following is what I found.Seq#Sale DateSale PriceSale Type1 06/01/1979 (obsolete sales codes) 2 08/23/1991 $03 12/11/1995 $315,000 Good sale; verified 4 08/20/1996 $537,000 Good sale; verified 5 09/26/2002 $0 6 10/28/2002 $07 12/15/2003 $280,000 REO Sale-Gvmt/Financial Inst 8 09/13/2005 $09 09/15/2005 $0 Foreclosure 10 11/10/2005 $011 11/01/2006 $0 Good sale; verified 12 11/14/2006 $013 01/29/2007 $1,047,000 REO Sale-Gvmt/Financial Inst It seems that this unfortunate properties has been foreclosed twice.

He claims he must get rid of the properties asap due to financial hardships. 3 of the 4 are currently rented for 450/month and the 4th needs paint and a good overall cleaning and has past rents of 450 as well.

In fact all it'll do is spread our natios economic problem into other part of the world and just compound the problem.How can all these countries/financial advisors be this short sighted?

If real estate agents act a little more like a financial planner and show homeowners what they know and approach the transaction not from a standpoint of making money primarily, but offering help to hurting people, they can hook homeowners up with investors who can buy through short sales or whatever.

A mentor or partner can help with the experience level of investing.Investors build a team such as agents, managers, contractors, financial bankers, and such to use the education, skills and resources of other professionals.Real estate investment is a process and there are many options.