Real Estate

And I’m STILL waiting for the seller’s 2007 tax returns. In the mean time, I’ve been working on getting my financing squared away. What a nightmare this is turning into. Before I even finished negotiating the PA I interviewed six mortgage brokers and called around and talked to a couple of others. I settled on […]

Simple and profound. Go figure . . . . . 

I know that this post is long overdue. As the next step in my Apartment Quest series I’ll tell you about the building that I’ve been “buying” since the middle of April. I had heard that this was a long process, and I had heard that it was filled with capital “D” Drama, and so […]

********************************************* To hear the replay dial: Tel: (641) 715-3508 Code: 237869# ********************************************* Are you satisfied with the returns in your retirement accounts or other investment accounts? Would 8-12% returns, fixed and secured, make a difference? If that got your attention then we can work together. You see, the real estate market here in the Detroit […]

Interesting article in Forbes online today. I’ve seen some tightening up of commercial credit just in the last couple of months. Thanks to http://twitter.com/bob_sibdu for the heads up. Here is the article: Prices for commercial real estate slipped more than 2 percent in March as it became tougher to borrow money to buy property, Moody’s reported […]

According to the Scotsman Guide, the Alt-A mortgage is primarily a credit-score driven product, as its borrowers don’t have proof of income from traditional employment. The Alt-A loan alleviates the challenges associated with due diligence, such as providing income verification and documentation of assets. On the flip side, for this convenience, borrowers do pay a […]