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Short Sales – Becoming a Real Estate Investor
 
Are you tempted to move into estate investing?  If so, there are many things about short sales that you may not be aware of.  If you have conducted any research on the topic, you have undoubtedly heard of the concept of profit margin that exists in this business.  [...]

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Short Sales- Get Involved In Real Estate Investment
If you are considering a move to real estate investments, you might want to get a little education before you get started. There are many things about short sales that you might not know, and many other topics that are of interest to you. You have likely heard [...]

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No more taxes on short sales, foreclosures
Governor Aronld Schwartzenegger is about to sign a bill that will place California in line with the federal governement in the way homeowners are treated shuold they need to short sale or foreclose on their home. Homeowners are currently exempt from paying federal income tax and will now be [...]

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Your Mortgage: When It’s Time to Walk Away
The San Francisco Chronicle recently posted a story that is a true sign of the times, “Your Mortgage: When To Walk Away“. Walking away and stating new is not so bad as many large corporations are doing so as the math is simple. Why should individuals be any [...]

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The state of California has re-established and extended a $10,000 homebuyer tax credit.
The new law, AB 183, signed today by Gov. Arnold Schwarzenegger, allocates $200 million to the credit for homes purchased between May 1 and Dec. 31, and between Dec. 31 and August 1, 2011. That’s twice the amount allocated to a similar credit [...]

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Obama Fails American Homeowners
Today the Washington Post announced that the Obama administration has essentially failed in helping out American Homeowners with the highly touted Making Homes Affordable program. The Treasury Department initially said the program would reach as many as 4 million struggling borrowers. But a report issued on Tuesday claims the Treasury Department is [...]

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30 Year Mortgage Rates Hit Another Record Low
Rates of 30 Year Mortgages fell to the lowest level on record for the second consecutive week, Freddie Mac reported on its noationwide survey, which dates to 1971.
Average rates on 30 year fixed rate mortgages dropped to 4.78 percent this week from 4.85 percent last week. For 15 [...]

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30 Year Fixed rate Mortgage Fall to 38yr Low
Wow, rates on 30 year fixed rate mortgages dropped to 4.98percent last week. It was the lowest in the history of Freddie Mac’s survey, which dates back to 1971 and was down a full percentage point from a year ago.
In Freddie Mac’s survey, the rate on a [...]

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$75 Billion Lifeline to Homeowners
 The big lenders have waited to see what President Obama rolled out today as a life preserver to help the 10,000 American going into foreclosure each day. This life preserver is to help the millions more that are barely getting by. Although lenders have stepped up to help homeowners [...]

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