Today's News

Headlines in the RE Business


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  • The best place to retire overseas?

    Our 2007 Global Retirement Index says: Mexico.
    Big upset for Panama, which has held top spot in our annual Index for the past six years.
    What’s happened? Frankly, Panama is growing more expensive. In particular, the Panama City real estate market is no longer bargain-basement compared with, say, the Miami real estate market. […]

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  • How to find the funds in order to invest in Bank REOs

    In the last few days I’ve been receiving a lot of questions regarding how to find the funds in order to invest in Bank REO’s.
    Here’s an email I got yesterday…
    "I come across REO property.  I have looked at several but I can’t purchase any due to not being able to be pre-approved […]

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  • More cutbacks for Lennar

    “Washington Mutual, Inc. (NYSE:WM) today announced that John P. McMurray is joining WaMu to serve as the companys Chief Credit Officer, effective Sept. 24, 2007. He will report to Ron Cathcart, EVP and Chief Enterprise Risk Officer. “
    Some important points here riffing on ml-implode themes: With Fridays change, it would appear that investors now have […]

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  • Bushs FHA Plan May Only Reach 10 Percent of At-Risk Subprime Borrowers

    “Our base case view has for some time been the 1990 focus as equities got hit in the crossfire of housing and Kuwait while the credit crunch of 1998 also caught equities in the crossfire. As a consequence we believed (and still do) that the Equity move is the sideshow again not the main event. […]

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  • Amazon Real Estate Products of Note

    I found some really good books available on Amazon. This is better then paying for an expensive bootcamp lesson
    [ama:realestate,8,new]
     
    Enjoy
     
     
     
    Tags: real estate training, real estate tips, creative real estate, real estate mentoring, real estate coaching

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  • The Real Causes of the Financial Storm

    “When the low mortgage payments and home equity disappear, so too will the spending and jobs they engendered.”
    Tags: real estate mentoring, real estate coaching, real estate training, real estate tips, creative real estate

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  • This Is NOT A Housing Crash!

    Let me be clear. What we have is a "credit crash".  When the stock market falls by 5% in one day it’s a correction. Remember that when you think about real estate. 

    What’s happened is the inflated prices are returning to a realistic value. Those who got caught paying inflated retail prices are […]

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  • Hot Tip for finding more leads

     
    Here it is.. keep this one to yourself….
    If you can find out who in your city is in charge of properties for wards of the city, you may be able to come up with some creative financing in a tight market. For instance, many older people with our beneficiaries become wards of the local government
    When […]

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  • Remarks by Chairman Ben S. Bernanke

    “The Related Group and GDC Premier Communities are the targets of two federal lawsuits filed Thursday by contract holders trying to get out of condo purchases in the worst housing slump in 16 years. “
    Wanted to spend more time with family, we’re sure.
    “The judge stopped short of granting a request by Transland creditors to immediately […]

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  • In Google we trust: users’ decisions on rank, position, and relevance

    ABSTRACT:  "An eye tracking experiment revealed that college student users have substantial trust in Google’s ability to rank results by their true relevance to the query. When the participants selected a link to follow from Google’s result pages, their decisions were strongly biased towards links higher in position even if the […]

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  • Consumer Credit:The Next Bubble?

    “U.K. lenders responsible for 12 percent of the nation’s mortgages are tightening standards for loans on house purchases, withdrawing offers and raising the cost for borrowers with less than perfect credit. “
    “The New York Times published a great piece Sunday, describing the bad behavior at easy-finance king, Countrywide Financial (NYSE: CFC). Given that the Times […]

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  • Will Universal Search affect the Ranking Process

    What is Universal Search?
    Universal Search is rapidly becoming the next big step in search engine evolution. Universal Search is the integration of multiple kinds of media into search results. Search engine monster Google was the first to release universal search. Google’s users recently may have noticed images, YouTube videos, and […]

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