Weekly News Digest – December 25

Home sales rise, but is this a sign of good things to come? Florida sees condo gains but SFH lag Tax reform seen as necessary by economists NYC commercial real estate still struggling
Read MoreHome sales rise, but is this a sign of good things to come? Florida sees condo gains but SFH lag Tax reform seen as necessary by economists NYC commercial real estate still struggling
Read MoreBy: Jeff Shiller, Esq. Or, the alternate title: How To Own a $240,000.00 Prime South Beach Condo For $4 Per Year. Ever since the 1980’s, I’ve been trying to figure out ways to buy a cheap retirement home in Florida …
Read MoreNegative equity is keeping our economy down Inman: Most influential real estate leaders of 2010 Potential homebuyers should start looking now Short sales will be plentiful in 2011. How many will you get your hands on?
Read MoreI had it on my calendar yesterday to do my annual Game Planning Session and although the snow around DC delayed my start time, I was still able to get it done. And by the way, I call it “Game …
Read MoreSo this week we begin to get into some meaty tax changes. We’ve just wrapped our conversation about how to get caught up on your bookkeeping for 2010. By the end of this post you’re going to realize that the …
Read MoreWhen sellers need cash quickly, homes become cheap pickups for investors Could mortgage tax breaks be a thing of the past? Loan-mod counselors share their findings with Congress Not foreclosing on commercial properties may be hindering recovery Unequal lending practices …
Read MoreFirst of all we would like to thank you for being a part of the team here at HMB Cribs and Hard Money Bankers. We have had another great year and we have you, our clients and readers, to thank. We …
Read MoreThis week we are going to wrap-up our project well before we get into wrapping presents for Christmas. With this final step you will have your basic bookkeeping 95% complete for the year. Won’t it be great to forward information …
Read MoreBy: Jeff Shiller, Esq. When the catch is sighted, it must be reached with utmost speed. An experienced harpooner masterfully pulls alongside and plunges a harpoon into its back. After retreat, descent and, finally, exhaustion, the catch is plied with …
Read MoreIn a time of declining prices, the nationâs capital is still seeing increases. Is B of A next on Wikileaksâ list? Is now the time to buy commercial real estate? Are potential homebuyers being scared away by low prices? In …
Read MoreOk, let me preface this by saying that we don’t like to do this all the time and we can’t possibly do this with every loan but… We can easily close a loan in 3 days on the right deal …
Read MoreFirst, I hope you and yours had a Happy Thanksgiving! OK, so picking-up from last week’s post you now have gathered several wonderful piles of data. Did you keep remembering additional items throughout the week? Isn’t it nice to be …
Read MoreForeclosed properties for investment may be drying up After the housing crisis, will less be more? Why would homeowners prefer to rent, rather than buy?
Read MoreHard Money Bankers funded this hard money cash-out refinance to take cash out to fund the purchase of some additional single family homes. The loan was in Columbia, Maryland
Read MoreBy: Jeff Shiller, Esq. It is November, 1621. The Pilgrims have survived a treacherous settlement of Plymouth despite many of them being wiped out by exposure, scurvy and contagion. In celebration of their first successful corn harvest, Governor Bradford and …
Read MoreNo, I’m not being a pessimist about the direction of the country, the state of the economy or even how the real estate market is “on its back.” These are all viewpoints that remain highly subjective depending upon which end …
Read MoreI admit it. I’m a sci-fi nerd dating back to – uhhh – never mind the year. And although I loved Star Trek, nothing could ever beat a campy episode of Lost In Space. I remember thinking I was going …
Read MoreWill banks be able to handle the foreclosure investigations? Documentation process to be scrutinized by Justice Department “Parent investors” heading back to college Lenders and borrowers being told to talk it through before foreclosure Homeowners will be responsible for their …
Read MoreOk, I am going to vent again on this one… Have you come across those websites where the company gives little to no info about who they are and what they actually do? And I don’t mean a “directory” site …
Read MoreBanks have been left with excess inventory and there are some great deals to be found across the country for real estate investors. Take a look at these potential deals.
Read More“If you’re not moving forward towards your goals, you are moving backwards. There is no standing still.” –Lloyd Irvin World Class Martial Artist, Coach, Marketer and Businessman Great quote, isn’t it? Master Lloyd was talking about martial arts training when …
Read MoreBy: Jeff Shiller, Esq. What are the advantages and disadvantages of seller-financing a property? If you’re thinking of doing this, make sure you consider several “categories” of issues: 1) tax implications; 2) legal implications; and 3) practical implications. Let’s review …
Read MoreThe foreclosure wave has left many vacant homes on the market. These properties are perfect for the seasoned investor but also great for those looking to get into the game. How many properties will you get your hands on before …
Read MoreGood topic, huh? This is a question we are asked about 50 times per day and it is a topic constantly being debated in the real estate investing community. I will answer this question with a question- does the hard …
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