Why Texas May Lead the Nation’s Turnaround:
May 7, 2010 by admin · Leave a Comment
By Daniel Gross | NEWSWEEK
Published Apr 16, 2010
From the magazine issue dated Apr 26, 2010
Texas has always been something of a separate country when it comes to politics and culture. Lately, the state seems to be functioning as its own economic republic. While it hasn’t been immune to the issues plaguing the nation, the housing market, [...]
Building Your Social Capital – Biz Netorking
February 23, 2010 by admin · 2 Comments
Download here:
http://filesanywhere.com/fs/v.aspx?v=8970648d5f6076b1a968
Seller Financed Being Regulated? Stop HR 4173
February 8, 2010 by admin · 4 Comments
Urgent Update: House Passes Wall Street Reform Act HR 4173 Including Mortgage Reform Provisions of HR 1728 Regulating Owner Financing
The proposed legislation that had real estate sellers and buyers legitimately concerned about seller financing passed the house on December 11, 2009, as part of HR 4173. Also known as The Wall Street Reform and Consumer [...]
DALLAS HOME VALUES INCREASE
DALLAS (Dallas Morning News) – Area home prices were positive in November for the first time since September 2007, according to Standard & Poor’s Case-Shiller Home Price Index, released today.
Dallas area residential values increased 1.4 percent in November from one year earlier, which was the best performance of the 20 cities tracked in the monthly [...]
FHA Waives 90-Day Rule For Flipped Houses
January 19, 2010 by admin · Leave a Comment
Flipping houses just got a little easier.
From The U.S. Department of Housing and Urban Development HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS
WASHINGTON – In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan today announced [...]
Where Are the Foreclosure Deals?
For the eighth straight consecutive month, national foreclosure activity in the U.S. was dominated by a small set of states.
As reported by Realty Trac, more than half of October’s foreclosure-related activity came from just 4 states:
1. California
2. Florida
3. Illinois
4. Michigan
The remaining Top 10 states in terms of total foreclosure activity included Arizona, Georgia, Texas, Ohio, New Jersey, and Maryland.
Foreclosures are up [...]
Texas Requires Use of All Comparable Properties, Enacts Changes to Tax Appraisal Process
Texas Requires Use of All Comparable Properties, Enacts Changes to Tax Appraisal Process
Under a new law that went into effect on Jan. 1, chief appraisers of Texas’s central appraisal (assessment) districts are prohibited from excluding foreclosure sales and properties as comparables that have lost value due to the declining market. House Bill 1038 prohibits [...]
The Quick and Expected Climb to 6% Mortgage Rates
Guest post by Brian J. Brady
Mortgage rates have been steadily climbing, from a low of 4.5% around November 27, 2009 to above 5% on December 22, 2009. For the past two months I’ve been warning that this will eventually happen. It’s not because the economy is recovering; it isn’t recovering. The reason mortgage rates will [...]
The Mortgage Crisis…
The mortgage crisis has been the main shark in the water over the past couple of years. You should know where that shark is and whether or not it is hungry. The chart below shows you those ferocious fish may still have an appetite:
It shows you that we are past the viscous subprime crisis, when [...]
