Are You As Frustrated As I Was?

Day: September 22, 2010

Are You As Frustrated As I Was?

Are You As Frustrated As I Was?

In 2003 I was broke, burned out, living paycheck to paycheck, and working 60 – 80 hours a week. Frankly, it wasn’t the life I dreamed of. Today I make millions of dollars a year in multiple businesses. It’s not because I’m any smarter than the next guy, any better looking, have the right connections,…  Continue Reading

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Thieves Cart Off St. Louis Bricks

Thieves Cart Off St. Louis Bricks

Whoa… this one jumped out at me.  When I got in the business I was surprised to learn that scavengers would steal aluminum siding from houses in broad daylight.  Then I grew alarmed that houses were being gutted of copper pipes, even in the better part of town. But stealing bricks?  I didn’t see this…  Continue Reading

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Where’s the Foreclosure Flood?

Where’s the Foreclosure Flood?

Hey… I was up early this morning and when I’m tired, sometimes a picture is easier to process than words. You’re going to want to take a quick peak at the chart and short article in the link below. For awhile now, we’ve been reading about “shadow inventory” with some saying that the next wave…  Continue Reading

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House Bill Would Force Lenders to Decide on Short Sales in 45 Days

House Bill Would Force Lenders to Decide on Short Sales in 45 Days

While I’m an optimist by nature, what chances do you give this bill of passing?  And even if it is passed, what will force the banks to sell at price that reflects what people can actually afford in the area where the subject property is located? Read more at DSnews.com

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Sign of the Times? Strategic Default More “Acceptable”

Sign of the Times? Strategic Default More “Acceptable”

It’s really a sign of the times – we’re so embedded in this housing crisis, and it’s becoming such a part of our culture that it’s actually losing some of its stigma. Get this – 36% of Americans now view strategic default – simply walking away from a mortgage – is acceptable, at least under…  Continue Reading

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