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Lawler: D.R. Horton: Net Home Orders Up, Prices “Flattish;” Says If Prices are Low Enough, There is “Demand” from First-Time Buyers

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Lawler: D.R. Horton: Net Home Orders Up, Prices “Flattish;” Says If Prices are Low Enough, There is “Demand” from First-Time Buyers

From housing economist Tom Lawler: D.R. Horton, the nation’s largest home builder, reported that net home orders in the quarter ended March 31, 2015 totaled 11,135, up 29.9% from the comparable quarter of 2015. The average net order price last quarter was 4,400, up 2.0% from a year ago. Home deliveries totaled 8,243, up...
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Fed’s Rosengren says allow underwater borrowers to refinance

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Fed’s Rosengren says allow underwater borrowers to refinance

The Federal Reserve's policy of keeping interest rates low to spur lending hit a barrier in the recovery with home prices falling and underwriting guidelines keeping borrowers from refinancing, said Eric Rosengren, president of the Federal Reserve Bank of Boston. With that in mind, the Fed Bank CEO said he supports policies that would...
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Barney Frank says mortgage interest tax deduction is safe

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Barney Frank says mortgage interest tax deduction is safe

Rep. Barney Frank (D-Mass.) said at a House subcommittee hearing Thursday that the mortgage interest tax deduction would be safe. Currently, interest on a mortgage taken out to buy or improve a home can be fully deducted if the amount of the loan is less than million for married couples and 0,000 for singles....
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What doews it mean when it says “real estate Owned”?

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What doews it mean when it says “real estate Owned”?

Los Angeles Foreclosures are still on the rise and REO properties listed for sale can offer real value for the money. This epsiode of Real Estate Happens eps.#107 features Van Nuys, California with Realtor Agent Host John McQuilkin. Serving all your Real Estate needs from the Mountains to the Sea! I specialize in homes...
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Posted in REOs and Foreclosures | 4 Comments »

How to Buy Cash Flow Notes What if the Banker says We dont sell notes

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www.notebuyingprofits.com How to Buy Cash Flow Notes, a Common Hurdle Let me share with you a common hurdle that one faces when looking for non performing notes. So you’ve been busy cold calling banks and looking for notes to On Purchasing a Cash Flow Note A cash flow note is a book of a...
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