April 30, 2008 by admin ·
The article below describes more in depth how severe and widespread the mortgage crisis has become. Each and every home will present an opportunity for an investor.
“Detroit, which ranked sixth in the nation with 1 in every 68 households in default”
Article Link
More than 155,000 families have lost their homes to foreclosure this year; [...]
Filed under Real Estate · Tagged with April 29, Article Link, Auction Sales, Bank Repossessions, Cnnmoney, First Three Months, Foreclosure, foreclosure filing, foreclosure filings, foreclosure filings double, foreclosure purchase, foreclosure relief, Households, Information Firm, Last Quarter, Last Updated April, Metro Areas, mortgage crisis, mortgage crunch, mortgage meltdown, Nevada California, Real Estate Information, realtytrac, rick sharga, Single Family, Southwest Nevada, Speculators, worst state for foreclosures, Year One
April 10, 2008 by admin ·
More bad news for the global credit crisis and economic outlook below. Remember, someones loss is another’s gain and the time is now to capitalize on those losses. We have seen recent cash infusions for large banks like Countrywide, Washington Mutual, and Lehman Brothers alerting the global markets of faith in the financial [...]
Filed under Real Estate · Tagged with cash infusion, Cash Infusions, countrywide bank, credit crisis, credit crunch, Credit Markets, Credit Squeeze, Financial Institutions, Global Credit, Global Financial Stability, Global Financial Stability Report, Global Losses, International Monetary Fund, lehman brothers, Mortgage Market, mortgage meltdown, Prudential Supervision, Report Said That, Residential Mortgage, Risk Management Systems, subprime markets, Subprime Mortgage Crisis, Us Subprime Mortgage Crisis, US subprime real estate, Veronica Smith, washington mutual
March 13, 2008 by admin ·
DetroitProgress.com is in the business of real estate investing in low-middle income housing within the Detroit area. We will be actively marketing both our wholesale and retail homes on the website along with updates on our progress. Our long term goals will be to provide low income housing to investors for the purposes [...]
Filed under Our Company · Tagged with bank owned, detroit, Detroit Area, detroit progress, Distribution Channels, Exit Strategies, foreclosed homes, Initial Acquisition, Liquidation, Low Income Housing, Ltv, Margins, Market Values, MLS, mortgage meltdown, multiple listing service, newsletter, Property Acquisition, Property Preservation, real estate, real estate investing, real estate owned, reo, Retai, Scenarios, Short Term Capital Gain, Single Family, Six Months, sub prime, Term Goals, Wholesale Prices
