No it isn’t some conference of sex coaching, it was a group of bankers (including Fannie Mae) and real estate investors who gathered this week in Miami for the IMN Distressed Real Estate Conference, and frankly, it was a little depressing.
The debate seemed to revolve around lender’s decisions to ‘extend loans and pretend that the […]
Category Archives: Reverse Mortgage
The Extend & Pretend Conference: IMN Distressed Real Estate
February 27, 2010 – 3:16 pm
Taking Control, again…
November 25, 2009 – 7:21 am
Waiting for The Banks to Lend?
“Somebody else will fix it“
Have you spent the last 19 months waiting for someone else to start lending again? All that Government stimulus will trickle down into your business. The great wave of capital will tumble into the market, buoying all ships. Risk takers will generate jobs again, soon. […]
Florida Home Sales Statistics
April 28, 2009 – 6:00 am
Here’s some interesting data from FL MLS: Miami home sales (by units) are up 101% from March 2008 to 2009 - 556 homes were sold in just March! The bad news, prices were down 39%. But is this bad news? Not if you were one of the 556 buyers.
In Lauderdale sales were up 47%, prices […]
Reverse Mortgages can Stop Foreclosure
December 19, 2008 – 7:59 pm
Do you know a senior citizen who is struggling to stay in their home? Please have them call us 248.722.9286. A reverse mortgage is an incredible financial tool that used in conjunction with a ’short payoff’ to the existing mortgage lender could save a senior’s home from foreclosure.
The reverse mortgage I closed this week had […]
Is Besting Dead?
November 7, 2008 – 7:55 pm
Regular readers of this blog know that last August (2007) I wrote “Besting: Better Nesting” a book about how 78.2 million baby boomers were beginning to migrate in droves to ‘better nests’ not just ‘empty nests’.
Second home sales have set new records every year for the last 5 years, up until 2007-08, when the market […]
