W. J. Mencarow

Foreclosing On A Rental? Better Read This

You need to be aware of the protections that federal law provides to renters during foreclosure. Even with inventories down, there are plenty of foreclosed properties awaiting sale. While the problems associated with property vacancies and blight have gotten much attention during the housing crisis and recovery, about 20 percent of foreclosed properties are occupied …

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The Best States for Homeowners

SmartAsset ranked all 50 states based on factors including foreclosure rates, burglary rates and property tax rates. They also looked at the median listing price per square foot, the annual change in home prices (per square foot), home affordability and the annual cost of property taxes and homeowners insurance.  READ MORE:  https://smartasset.com/mortgage/the-best-states-for-homeowners-in-2016

What Does Christianity Have To Do With Investing?

by Franklin Sanders Fundamental problem is that most American Christians think in hermetically sealed compartments. There is God’s pigeonhole and the world’s pigeonhole, and never the twain shall meet. In their minds they have nothing to do with each other and never touch. The missing bridge between Christianity and the world—including investing—is ethics, the application …

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More Attacks On Land Contracts

“Seller-financed property purchases are ‘predatory’” — And this financial columnist thinks all seller financing involves land contracts:  “the protections offered by the mortgage foreclosure process don’t apply to seller-financed properties, which are also called “land contracts.”  What an ignorant statement!  READ MORE:  http://www.marketwatch.com/story/toxic-home-financing-contracts-should-get-more-oversight-legal-group-argues-2016-07-14

The Pros and Cons of Low Mortgage Rates

“A look at the pros and cons of this recent drop in mortgage rates shows that they may not be as unambiguously beneficial to the housing market as previous low rates have been.”  READ MORE: http://realtormag.realtor.org/daily-news/2016/07/12/pros-and-cons-low-mortgage-rates?om_rid=AADDXn&om_mid=_BXhUU9B9PtsFJp&om_ntype=RMODaily  

5 States Have Over 40% Of Foreclosures

Florida, Michigan, Texas, Ohio, and California combined for approximately 186,000 completed foreclosures during the year-long period ending in April, according to CoreLogic. This number represented more than 40 percent of the 461,000 completed foreclosures nationwide for the 12-month period that ended April 30. The number of 12-month completed foreclosures dropped by about 14 percent year-over-year …

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How We Made Gold Ownership Legal After 50 Years Of Federal Prohibition

Background to the Gold Bullion Coin Act, Which Created The American Eagle Gold Coins by Joe Cobb, M.B.A. (University of Chicago) Here is an analysis of my first proposal in Congress, which was initially introduced by Rep. Dan Crane (R-IL). My good friend from our university days in Chicago, Bill Mencarow, was a principal staff …

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