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Archive for 'foreclosures'

The Mortgage Crisis – Was it the Borrowers’ Fault?

The mortgage crisis has caused enough finger-pointing to last most of us a lifetime. But despite it all, there is no one “culprit” that can be blamed for everything that happened. Some blame the loan originators, some the appraisers, some the Real estate agents, some the government, some the banks. Others blame the homebuyers – [...]

Bank of America Now Delaying Foreclosures in 23 States

A follow-up to yesterday’s article… Bank of America has now admitted that it too rushed through the foreclosure process on thousands of homes – without reading the documents. Here’s the eye-opening story on Yahoo News. Those states affected by these actions are: Connecticut, Delaware, Florida, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Nebraska, New [...]

Profiting from the real estate downturn, part II

Yesterday we talked about how Realtors can profit by targeting rental buyers, and how others who provide services should step in now and market themselves to Realtors who list repossessions. Now think for a minute about becoming a rental manager, taking care of details for those rental buyers and freeing up their time to find [...]