RECENT BLOG POSTS
There are several investment houses that can help a user set up a Roth self-Directed IRA or 401K from current account holdings or even from scratch. The IRS requires that such accounts be held by a third party administrator/trustee and the following are just a few of the companies in the marketp...
07/30/2008
2
Comments
It is tougher now to sell a home than ever before for many reasons, but most have to do with the information age that we live in. Home sales information is more readily available than ever before which has created the MOST educated buyer population that the industry has ever known. Buyers have ...
07/29/2008
As a result of these issues recent real estate deals have been plagued by difficulties, not in qualifying a buyer, but in getting a buyer through the final step in completing a mortgage - underwriting. Underwriters are third parties that have the responsibility of validating a loan applicant's pa...
07/29/2008
One of the most complex details of real estate for home buyers or investors is the mortgage process and how it works (or doesn't in some cases). For the sake of brevity, this article will only scratch the surface of the process in order to give you an overview. When you apply for a mortgage to a...
07/28/2008
10
Comments
This past weekend I was asked by a national training company to assist them in a training class for new investors in Austin. I was floored by the volume of people looking to invest and profit from the foreclosure gold mine that is present across the country. We took approximately 50 investors o...
07/24/2008
On April 30th of this year I posted part I of this diatribe in an attempt to "educate" the REALTOR(R) and consumer community of some of the issues with short sales. That post was IMMEDIATELY boo'ed by many in the AR community (which I expected - especially from those making a living on short sal...
07/24/2008
10
Comments
The short answer is NO! And I see many bloggers here that don't seem to understand that fact. I read a great article on CNNMoney this morning that debunked two major myths about the Federal Reserve. These are: The Federal Reserve rate cuts are tied to mortgage rates. The Federal Reserve can go...
07/23/2008
9
Comments
The real estate climate is changing all over the USA and this holds true for Texas as well. A couple of years ago I worked with many investors that were into quick-turning properties for profit. These investors are still active, but with the market a bit slower, the times are changing. The hol...
07/23/2008
11
Comments
Several weeks ago I published 100% Financing is Still Possible For First Time Homebuyers, But Not For Long! and in that article I warned that there were many forces trying to stop down payment assistance programs. Now through the magic of pork barrel politics, the day is approaching. If you wan...
07/22/2008
Scott Cohen at CNBC published the second annual "Top States for Business" report and Texas has moved from number two to number one this year! It is no wonder that the state continues to grow in population at record rates! And now that much of the major freeway construction on the north side of ...
07/21/2008