If you wonder why some note investors won't buy notes in certain states, this article will tell you why (thanks to Denny Stanz' CA Notebuyer Newsletter: www.CaliforniaNoteBuyerLLC.com http://Realtormag.Realtor.org/daily-news/2015/04/20/average-foreclosure-time-620-days?
This article explains why you have to be careful when you withdraw money from a bank account. Do it the wrong way and the Feds will pay you a visit! http://www.nytimes.com/2015/06/06/upshot/when-its-a-crime-to-withdraw-money-from-your-bank.html?_r=0&abt=0002&abg=1
Economics for Everyone: A review of How an Economy Grows and Why It Crashes By Michael Wagner Economics affects everyone but few people care to learn much about it. All the numbers and graphs make it seem complex and quite boring. Of course some subjects are so important that even if they were boring we’d …
How many of these mistakes do you make at note and real estate networking events? I have to admit I've made most of them! http://www.biggerpockets.com/renewsblog/2015/05/29/10-mistakes-real-estate-investors-make-networking-events/ http://www.biggerpockets.com/renewsblog/2015/05/29/10-mistakes-real-estate-investors-make-networking-events/
June 1, 2015 – The US Supreme Court ruled Monday that junior lienholders cannot have their lien stripped if the value of the real estate is less than the value of the senior lien. Read more: http://www.inman.com/2015/03/25/underwater-second-mortgages-surface-in-supreme-court-case/ http://www.marketwatch.com/story/supreme-court-hands-defeat-to-struggling-homeowners-2015-06-01
Did you know we have a facebook group where you can chat and network with other cash flow note investing people? I Invite you to join us at https://www.facebook.com/groups/papersource/ I have to approve every request, so please be a little patient with me. Join Us at: https://www.facebook.com/groups/papersource/
…these clowns’ pictures would appear. http://mortgagefraudblog.com/2-men-charged-with-theft-of-home-after-foreclosure/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MortgageFraudBlog+%28Mortgage+Fraud+Blog%29
Think twice about buying mortgages secured by property in these states — unless you want to wait up to an average of 4 YEARS!! http://realtormag.realtor.org/daily-news/2015/04/20/average-foreclosure-time-620-days?om_rid=AADDXn&om_mid=_BVNUy0B9A8jC8Y&om_ntype=RMODaily
Here’s a chilling article from the Daily Telegraph (UK) on a proposal to ban cash transactions and only allow them via (govt. controlled) banks. Note how it is proposed that governments “manage” the economy by directly controlling spending. This is no fantasy — Denmark is moving toward this already. “All payments (would be) made by…card, …
Freddie Mac will auction $233 million of “geographically diverse, deeply delinquent”non-performing loans. The new program, called Extended Timeline Pool Offering, or EXPO, will target smaller investors by making smaller pools of non-performing loans available. To participate, all potential bidders are required to be approved by Freddie Mac. Bids for the pool are due from qualified bidders …
Freddie Mac Auctioning Non-Performing Loans; Small Investors Invited To Bid Read More »
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