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 The Art of the Foreclosure DealIt may not be internationally recognized in the same stream of consciousness as a masterpiece by Renoir, Goya, Monet or Picasso, but a well-constructed foreclosure investment deal can be a thing of beauty to those who appreciate the effort that went into it. Once investment goals have been established, designing a good investment deal is like a work of art - it all comes down to inspiration. Once the goals are in place, true inspiration can flow from proper information. At this point it comes down to the real estate and being realistic. VIEW FULL STORY | ||
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Can the Fed Cut Foreclosures in 2008?With the tough times of 2007 over and done, the big question in real estate is whether 2008 will be any better. Mortgage reform legislation has passed in both the House and the Senate, the President has recommended an interest-rate freeze for certain loans and HUD has introduced the FHASecure program. VIEW FULL STORY  How Big Is The Mortgage Meltdown?For the first time estimates are beginning to suggest the true size of the mortgage meltdown. The newest numbers are so large they dwarf the latest federal deficit, a total of $163 billion. It was just last May that the mortgage meltdown seemed contained. VIEW FULL STORY Foreclosure Activity Down 10 Percent in NovemberA total of 201,950 foreclosure filings - default notices, auction sale notices and bank repossessions - were reported in November, down 10 percent from the previous month but still up nearly 68 percent from November 2006. The national foreclosure rate for the month was one foreclosure filing for every 617 households. VIEW FULL STORY MORE ARTICLES |
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