Monthly Archives: June 2009

The Millionaire Real Estate Investor Next Door

Warren Buffett wrote last year in a New York Times op-ed piece called ‘Buy American.  I Am.’ that “A simple rule dictates my buying:  Be fearful when others are greedy, and be greedy when others are fearful.”  Of course, he … Continue reading

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Filed under Investing

Why the Mainstream Media Hates Loan Modification Companies

‘Your lenders are prepared to negotiate’, a column today in the Arizona Republic penned by Rick DeBruhl, a consumer reporter for 12 News, the NBC affiliate in Phoenix, advises you to “Avoid loan-modification companies. While there might be a few … Continue reading

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Filed under Loan Modification

Putting the Credit Score Puzzle Together

In the 1960’s, the Fair Isaac Corporation started working on a system designed to help lenders analyze the probability that they would be repaid on a loan. Fair Isaac sought to develop a system that could dependably predict one’s statistical likelihood … Continue reading

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Foreclosure 2.0: Mortgage Running

There’s a disturbing trend developing in the real estate market today.  I have no scientific data to support this trend.  I didn’t hire a consulting firm to do market analysis for me to come to this conclusion.  It’s more than … Continue reading

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Filed under Homeownership

Everything but the Kitchen Sink

I read a story in the Arizona Republic last week with a headline that read, Foreclosure Home Strippers Can Face Arrest.  And they should face arrest!  After all, it’s bad enough that neighborhoods around the country are full of dilapidated … Continue reading

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When to Pay for a Loan Modification

The experts say you shouldn’t pay for a loan modification because you can do it yourself.  That got me thinking about all of the things that I can do myself.  I can change the oil in my car, do my … Continue reading

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Filed under Loan Modification