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We hear a lot about “foreclosures” and buyers and investors looking for “foreclosures” and real estate agents advertising “foreclosures.” In fact, what most of these people are referring to are REO (real estate owned ) properties, that is, real estate owned by the bank. These are properties that have actually gone through the legal foreclosure [...]
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This is a Guest Post from popular real estate blogger, Chris Record, who is a real estate investor and social media marketing coach living in Southern California. He currently maintains a blog a ChrisRecord.com and stars in a reality show for entrepreneurs called Unstrapp’d.
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Recently I spent some time researching statistics related to mortgage origination, foreclosures, [...]
A Crisis of Confidence . . . and what we can and should do about it
By Ninah Hunter on October 12th, 2008
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We all know that negativity and sensationalism is what sells, and that is definitely what is selling in this tense economic climate. It’s clearly having an adverse effect, as we see panic-stricken consumers and investors sell off stock and remove deposits from banks, which only adds to our economic woes. Because of this, I and [...]