How Asset Forfeiture Laws Can Destroy Your Investments — And Your Life

by Dr. Paul Craig Roberts (Assistant Secretary of the Treasury for Economic Policy under President Reagan) Multimillionaire Donald Scott lost his life, because of a police plot to confiscate his 200 acre Malibu, California, estate for the US Park Service. The corrupt police claimed to have witnessed from overflying the estate marijuana plants on his …

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Unlivable, fire scorched Boston area home getting offers on $600,000 listing

The age-old realty mantra of “location, location, location” is ringing true yet again in the case of a once-posh Boston area home on the market, declared “unlivable” after a devastating fire, and receiving multiple bids on its $600,000 listing. On June 14, the Boston Globe reported that so many offers have poured in for the 504 Lebanon …

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Real Estate Wire Fraudsters Arrested

Federal authorities announced Monday that an investigation resulted in 74 arrests of people in the U.S. and overseas who allegedly took part in schemes to intercept wire transfers from businesses and individuals, including in real estate transactions. Federal authorities seized nearly $2.4 million and recovered about $14 million in fraudulent wire transfers. One way it …

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Mortgage Delinquencies Fall to 11-Year Low — Each State’s Stats

Fewer homeowners are falling behind on their mortgage payments. Only 4.3 percent of mortgages in March were in some stage of delinquency (30 days or more past due, including those in foreclosure), according to the Loan Performance Insights Report, released Tuesday by CoreLogic. The March foreclosure inventory rate—which reflects the share of mortgages in some …

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Seattle City Council Tries To Silence Free Speech of Landlords

The city council of Seattle has declared itself to be the decider of what speech is or is not allowed. When it comes to trying to rent out an apartment in that city, you’ll have to make sure your methods of marketing your investment property are approved by the judges of the modern Seattle Star Chamber. Here’s …

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Are cryptocurrencies coming to real estate transactions?

As the cryptocurrency craze shows no sign of slowing down, people remain curious about how they can leverage cryptocurrencies and related technologies in the housing and real estate industries. In addition to an increase of cryptocurrencies being used in real estate transactions, more companies and real estate professionals are now incorporating blockchain technology, the ledger tech that cryptocurrencies use, in …

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