Have you heard the news? Qualified tenants who live in Fannie Mae-owned foreclosures are now being offered alternatives to eviction ... a month-to-month rental option or financial assistance to relocate. This new policy from Fannie Mae should help alleviate a bad situation involving foreclosures where tenants are being evicted---usually without notice!
We've all heard some of the heartbreaking
People are becoming more and more creative when trying to entice buyers to purchase a property according to an article I read in USA Today. To make their property stand out from the rest, sellers are offering everything from microwaves, plasma TVs, and cars ... to free weekend stays in the property.
And according to the same article, here's a novel idea that's catching on: a raffle. The
I have a suggestion for your list of New Year's resolutions. If, like so many of us, one of your resolutions is to be more health-conscious by exercising, think seriously about exercising your creativity, too!
In all of my real estate programs, I emphasize the importance of finding different ways to accomplish a goal. Many times, the goal I'm talking about is acquiring property using
To say that 2008 has been a year of ups and downs would be putting it mildly! And now, with 2009 right around the corner, I'm going to take time to look back at 2008 and evaluate my real estate business---and I encourage you to do the same. What were some of the good decisions you made? Some of the not-so-good ones? How and where would you like to grow your business in 2009 ... and how can you
Posted by: Carleton Sheets in Rehab, Real Estate Market, Real Estate Investor, Real Estate, Lender, Investing in real estate, Interest Rate, Hard money, Credit crunch, Credit on
Nov 09, 2008.
My Coaches and staff members are fielding calls about the squeeze of the credit market every day. Let's face the facts ... it is difficult for many people to get a loan right now. Only those investors who have stellar credit and a down payment are able to take advantage of this market to buy properties at rock-bottom prices---at low rates of interest.
However, if you are like many investors,
No matter who you voted for, you have to admit that change is in the air. And now that the election is over, it's time for our government to get down to business! From what I've heard on CNN and read about in the news, I expect that President-elect Barack Obama is already making changes in the cabinet, and plans to get things up and running the minute he enters the Oval Office in January.
I'm
Posted by: Carleton Sheets in Stock market, Real Estate Market, Real Estate Investor, Real Estate, Positive Thinking, Money, Lender, Credit crunch, Credit, Commercial Lending, Commercial Banking on
Oct 20, 2008.
In an article by Kenneth Harney that recently appeared in the Washington Post, he points out that amidst the crisis sweeping Wall Street, lenders are still originating loans for home mortgages.
This is great news for those buyers who are just venturing into the market---and also for real estate investors!
The article talks about how the Wall Street meltdown, especially the slow down of
Posted by: Carleton Sheets in Taxes, Real Estate, Foreclosure on
Oct 15, 2008.
As we all know, property values have been falling over the past two years or so, and some experts say that they may not be stopping any time soon.
Now you would think that when the value of a property goes down that the taxes based on the property's accessed value would go down as well. It worked that way when property values were up, right? Didn't your property taxes increase?
But today,
Posted by: Carleton Sheets in Real Estate Market, Real Estate, News, Media on
Sep 24, 2008.
When you read the newspaper or hear the headlines on TV or the radio, have you ever noticed that each venue reports the same story just a little differently? Maybe it's the way descriptive adjectives are used, or the inflection of the reporter's voice, or perhaps the order in which the facts are presented. Each or all of these techniques used by the media can leave you with a more positive---or
