Wisconsin Business School Predicts Foreclosure “The Perfect Storm”
Researchers at the University of Wisconsin Business School call it the “perfect storm”. Home values are declining and unemployment is rising.
Authors of a new study at the business school say President Barack Obama’s foreclosure rescue plan doesn’t adequately address both problems.
The professors wrote a new recommendation that the [...]
Financing Your Property “No Money Down” – Part 3
- Continued from Part 2 -
Bird-Dogging Properties
A very creative technique involves you acting as a “bird-dog”. If you are not familiar with “bird-dogs”, they are hunting dogs that point out birds hiding in shrubs and bushes for the hunter. As the bird-dog you find investments [...]
Financing Your Property “No Money Down” – Part 2
- Continued from Part 1 -
Borrowing from Strangers
You should not solicit strangers to do these deals without legal advice. There are state and federal laws that regulate solicitation of money from investors. If you solicit funds from the general public you may be [...]
Financing Your Property “No Money Down” – Part 1
Purchasing almost any piece of real state involves a lot of money. Properties can cost hundreds of thousands and even millions of dollars. The purchase price can empty the bank account of even the wealthiest investors. The good news is that you can borrower [...]
Consumer Advocates Have a Message
Consumer advocates have a message for homeowners mired in foreclosure: Your situation is not hopeless. Even if your house can’t be saved, they say, there are steps you can take to lessen the fallout. “When people see the foreclosure (notice) come to the door, they just give up,” said Debra Voltz-Miller, [...]
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