Tuesday, August 19, 2008

RealtyTrac Newsletter; Do New Mortgage Rules Make Borrowers Safer?

RealtyTrac logo Monthly Newsletter
ISSUE 22 - August 2008
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TOP STORY

Do New Mortgage Rules Make Borrowers Safer?

You could hardly miss the headlines this week: More than 1,000 news outlets covered new rules from the Federal Reserve designed to "protect" America's mortgage borrowers. At least that's what the Fed's news release said and many news reports did not delve much deeper. VIEW FULL STORY >

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FHA Gives Up Billions To U.S. Treasury

While most of us figure our income according to the calendar year, the federal government determines its income and expenses according to the "fiscal" year, the period between October 1st of one year and September 30th of the next. Right now, for example, the government is operating in fiscal 2008, the accounting year that began last October. VIEW FULL STORY >

Secrets of Pre-Foreclosure Investing

Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Secondly, investors can inspect the property before purchasing it. VIEW FULL STORY >

Capitalizing on a Cooling Market

When the South Florida housing market entered into a nosedive last year, Harry Andrade saw an opportunity. While other investors were trying to quickly jettison flipper properties, Andrade took a totally different tack - looking for bargains on investment properties that could generate a positive cash flow. VIEW FULL STORY >

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