Should you be a landlord in your retirement?
In 2005, everyone I knew was buying real estate. With no experience and no money, they bought properties they couldn't afford and were convinced they were going to make a fortune.
Similar Posts
Wells Fargo was hit with more scandal. But does anyone care?
ByadminEarlier this month, Wells Fargo disclosed that it had mistakenly foreclosed on hundreds of homes over a five-year period. And yet, where was the outrage? The announcement was just the latest in what's amounted to a two-year streak of bad news for the bank, dating back to its first admission regarding its phony-accounts scandal in…
New Private Mortgage Lender Network in Mississauga
ByadminMississaugamortgageexpress.ca now has a new network of private mortgage lenders to fill the gap left by banks. Institutional lenders like banks have limitations that prevent them from issuing mortgages to people with poor credit and equity in their home . Foreclosure News
10-Year Foreclosure Crisis Recap -CoreLogic
ByadminAs anniversaries go, it's not much of one to celebrate, but this year the foreclosure crisis marks its tenth year. Since Mid-2007, more than 7.8 million homes have been foreclosed according to a new retrospective, published by CoreLogic, on the ten-year rise and fall of the cycle. Foreclosure News
$2 million surge in 2 years: Wiederhorn’s foreclosed mansion sells for $4 million
ByadminSome people are calling it a monumental flip: The storied Southwest Portland Ivy estate, with 24,000 square feet of living space and a well-recorded history of ups and downs, sold in October 2017 for $ 4,072,000. Just two years before, in October 2015, after the owner had long defaulted on payments, the property at 4311…
Bank selling Tobago hotelier’s 2 properties
ByadminThree weeks after a threat of foreclosure, two properties owned by Tobago businessman Ken Patino have been put up for sale. There were newspaper advertisements this past weekend for Patino's 175 square metre two-storey town house at St Lucien Road, Diego Martin, and his restaurant and bar at Shirvan Road, Buccoo. Foreclosure News
Fewer Dallas-area residents are late with the mortgage payments
ByadminOnly 1.2% of Dallas homeowners with a loan were 90 days or more behind in their loan payments as of April. That's less than the 1.9% serious delinquency rate nationwide, according to a new report from CoreLogic. Foreclosure News