W. J. Mencarow

Zombie “Second Mortgages” Haunt Unsuspecting Homeowners

Published by Find My Way Home A second mortgage included in bankruptcy can foreclose years after it has been discharged, and can cost you a lot of money! As an expert in helping homeowners and homebuyers qualify for home loans after a bankruptcy, foreclosure, short sale or deed in lieu, I talk to folks all over …

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How a Ron DeSantis Presidency Would Affect the Nation’s Housing Market

Published by REALTOR.com | May 24, 2023 Whoever wins the 46th presidency—from either side of the aisle—will have a major challenge in tackling the housing crisis. After months of fueling rumors, DeSantis formally announced his bid for the U.S. presidency on Wednesday. What would that mean for the housing market if he wrests the Republican …

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Does Rent Go Down During A Recession? What Renters And Real Estate Investors Can Expect

Published by Forbes.com | January 14, 2023 If you’re a real estate investor, you probably know not to expect a perpetual rally in rent prices. This slowdown should have been anticipated. The pandemic has wreaked havoc on America’s rental markets. From business closures that prevented renters from earning an income to eviction moratoriums to mass …

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A Debt-Ceiling Crisis Would Hit The Housing Market Like A Hurricane

Published by Forbes.com | May 18, 2023 Natural disasters tend to temporarily halt the housing market in affected areas. If the U.S. hits the debt ceiling, expect a similar effect on the housing market. If the United States breaches the debt ceiling, it would hit the housing market like a natural disaster. Whenever there is …

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The Ugly Truth Behind “We Buy Ugly Houses”

Published by ProPublica | May 11, 2023 HomeVestors of America, the self-proclaimed “largest homebuyer in the U.S.,” trains its nearly 1,150 franchisees to zero in on homeowners’ desperation. HomeVestors of America boasts that it helped pioneer the real estate investment industry. Founded in 1996 by a Texas real estate broker, the company has developed a …

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Derelict Florida House Lists for $650k. It’s Already Under Contract.

Published by CBS News | May 10, 2023 Real estate developers appear to smell financial opportunity in a badly dilapidated Florida home that comes fully ventilated via sizable holes in its ceiling. The single-family house in Miami Shores Village is listed for $650,000. It has drawn multiple offers and is currently under contract, according to …

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L.A.’s ‘Mansion Tax’ A Complete Flop After One Month

Published by Breitbart News | May 9, 2023 Measure ULA, a tax on high-end properties passed by Los Angeles voters in 2022, has flopped after just one month in operation, bringing sales of luxury homes to a halt while raising little money for affordable housing. As Breitbart News previously reported: Measure ULA, if implemented, will require …

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