Official Carleton H. Sheets^® Website

If you have listened to the news over the last few months, you've heard a lot about the Troubled Asset Relief Program (TARP). The media has painted a picture of banks greedily reaching out for our hard-earned taxpayer dollars to keep their doors open ... and then spending those dollars on lavish parties and golf outings. And I'm sure that may be the case with some banks, but not all.

I read an

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Last week, the Obama Adminstration put the new housing plan in effect. Under this part of the plan, lenders are given incentives for enacting loan modifications to lower monthly mortgage payments. These modifications would be available not only to borrowers who are currently late on their payments, but may also qualify borrowers who are current on payments but deemed "at risk."

I was reading

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I have been following the economy more carefully than usual this past year. From the meltdown of the housing market and subsequent Wall Street crash, I am starting to see the effects eek into the everyday services that we may take for granted.  

The latest casualty I am seeing is public programs. Specifically, I was reading an article in the Washington Post about a special account that the DC

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Have you wondered how we, as real estate investors, can help speed our economy on the road to recovery? Buy a property! If you find a property that you want to add to your portfolio---and can qualify for a mortgage---don't sit on the sidelines. And if you don't qualify for a mortgage, consider purchasing a property using one of my creative financing techniques.

Why? Well, as an article in USA

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Although the news has been fixated on the "rescue" (formerly known as "bailout") package in Washington, I want to remind everyone that one of the provisions of the Housing Bill that passed last July took effect this week on Wednesday, October 1st ... the end of seller-assisted down payments on FHA loans. However, there has been a movement in the real estate industry to repeal this provision

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I've been asked my opinion about the current government bailout and how it will affect real estate investors. If you are currently a real estate investor, you may have noticed that it has been more difficult to get credit---even if you have excellent credit! Banks have tightened their lending standards, lowered their LTV (loan-to-value) limits, and are very cautions about who, what, why, and

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