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Investing Online - Convenience Made Possible
Whether you're a pro at investing or just thinking that maybe it's time to get started, you'll be happy to know that you now have more options available than ever. And if you're one of those “hands on” people who loves to keep control of your...
It's Not All About the Money, But It Has Alot To Do With Investing
Sin and sorrow everywhere
People dying in despair
Happy Birthday to you; Happy Birthday to you.
When a kid, my grandfather gave me a crisp dollar bill for my birthday. It wasn't about the money; it was about him. As a kid, I also heard...
Online Investing and Trading discussions at www.streetplayer.com
The new investment forum, www.streetplayer.com is back. streetplayer.com is an investment information site for those interested in using Internet to obtain information about stocks and other securities. Our plan is to build comprehensive database of...
Real Estate Investing Financing Truths - Part 2
Simple Real Estate Investing formulas to make the most of your real estate investments in today's market. Take an inside look at 'traditional' and 'creative' real estate investing methods (Part 2 of 2)
No Money Down and other...
Real Estate Investing - Writing Killer Postcards to Attract Motivated Sellers!
So many of you have been telling us that you're ready to get started investing, but "you can't find any deals! and what are the steps and secrets to finding great deals?" Some of you have even written asking us if there still ARE any deals left…...
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Falling Home Values and Preforeclosure Investing
The rapid increase in home values has proven to be as good as
lottery winnings for homeowners in many areas. But look out -
old tricks may no longer fool anyone.
The real estate boom has bailed out many folks who have been
caught between higher bill payments and flat incomes. These
homeowners have been able to tap their increased home equity to
support a life style that they really could not afford. Home
equity has provided the juice that has been keeping our national
economy afloat.
Home equity loans have allowed home owners the chance to pull
out cash that they then spent on new cars, furniture, vacations
and other luxuries. Another boost to their life styles was
generated when home owners refinanced using adjustable-rate
mortgages that cut their monthly payments. They seemingly had
more ready cash to spend.
Consumers who had buried themselves under a mountain of credit
card debt have been able to evade foreclosure and bankruptcy by
quickly selling their homes. With the proceeds from the sale
they've been able to pay down at least some of their debts and
gain some financial breathing room.
All that was yesterday! Take a close look at what's happening
today. In many areas of the country real estate prices are
flattening out and even beginning to decline in some areas. With
little or no increase in home equity, or even vanishing equity,
home owners may find themselves in a tight spot. They just
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won't
have that reservoir of cash to fall back on.
Oh gosh, now it gets even worse. Because personal debt seems
nearly out of control the federal government has mandated that
credit card companies increase the minimum payment required on
credit card debt. For many people that payment will now be twice
what it has been in the past.
Wait, there's more! Energy prices are at an all time high and
health care costs are zooming out of sight. A growing number of
people are stretched thin and actually are spending more than
they earn. People who are living on the financial edge could be
in big trouble without any equity in their homes to use as
emergency cash.
This bad news is good news for real estate investors who are
looking to buy property just before foreclosure. Many homeowners
pulled out all their equity (sometimes as much as 110% of their
home's value!) and now values have declined and they are upside
down... they owe more than they can sell the house for. They
can't pay their debts and they can't find a buyer for their
home. Ouch!
Smart investors know how to help these folks and make a little
profit in the process. We are entering one of those rare times
when the opportunity in preforeclosure real estate will be mind
boggling.
About the author:
Mark Walters mentors real estate investors through a series of
free videos found at http://www.CashFlowInstitute.com
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