Official Carleton H. Sheets^® Website

As an investor, I'm excited about the new initiatives and incentives from Washington that I've been reading about the past week or so ...

1. First, and most recently, the Obama administration will be announcing new measures to expand its housing program. These measures are expected to encourage lenders to accept a short sale (if offered) or a deed in lieu of foreclosure when presented, rather

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During a conversation "around the water cooler" this week, some of my staff members were talking about the pros and cons of purchasing properties using short sales, which can be a win-win situation in the current market---if the lenders and owners agree to work with you. Today's blog is about some of the problems that one of my staff members has been experiencing on a particular short

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The more things change, the more they stay the same. I was in a library not long ago, and was looking in the real estate section at some of the foreclosure titles. Many were written years ago, but much of the core information remains the same. The message is still loud and clear: Foreclosures make money, and there are always new developments which make foreclosures easier to find and to

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The landmark housing bill that was just passed by the Senate this weekend will offer $300 billion in loans for homeowners struggling to keep their homes from foreclosure---plus provide much-needed relief to Freddie Mac and Fannie Mae.

Although I feel that the bill has its positives and negatives, I believe the refinancing aspect---which is voluntary for the lender---will have the most impact.

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