If you have suffered the misfortune of a bankruptcy in the past few years, don't lose heart - you are not at all alone. The last few years have seen record foreclosures, losses of equity and job losses - all of which create an environment condusive to increased bankruptices. A January 2009 report from Arizona Capitol Times shows that bankruptcies in Arizona more than doubled in 2008, with Chapter 7 bankruptcy far outweighing Chapter 13 bankruptcy. … read on »
All posts filed in “foreclosure”
How To Find Foreclosure Real Estate Deals
Are you still looking for a sweet foreclosure deal? I have found several personally this year, in fact, I find many more than I can afford to buy from a time or money standpoint. So am I just lucky? Well, some would say I have an element of luck in my life - I call it Faith in Action, but the principles of finding foreclosures are not that hard. First let's chat about what kinds of … read on »
How Over 200,000 Landlords Failed Tenants THIS YEAR
According to Market Watch over 200,000 renters have been displaced by landlord foreclosures in 2008 alone. This sickens me on many levels, but most of all as a real estate investor. These are the folks that give the industry a bad name - not to mention all of the bad karma they are sowing. If you are a landlord and you are having trouble, please have the courage to inform your tenants and give them a … read on »