http://marchoffmann.com/blog An online resource for creative real estate in the midwest Wed, 25 Aug 2010 17:07:06 +0000 http://backend.userland.com/rss092 en During the down cycle of a bull market you'll notice the media begin to uncover schemes and scams of the rats and hucksters of that market: note Bernie Madoff and Tom Petters.   Does the impending down market attract more of this illegal activity, or is it just coincidence that we see ... http://marchoffmann.com/blog/archives/28 More homeowners are opting for 'strategic defaults' Underwater on their mortgages and angry at banks, more borrowers are choosing to hand over the keys, even if they can afford the payments. March 17, 2010|By Alana Semuels Wynn Bloch has always dutifully paid her bills and socked away money for retirement. But in December ... http://marchoffmann.com/blog/archives/27 I need to thank my friend Dick Rosen (http://www.rosenprop.com/) and Dan Doran for help with this information. If I have been in your living room in the past 3 years, this slide from Credit Suisse below is not news to you as  I've shared this slide with everyone I can as ... http://marchoffmann.com/blog/archives/26 http://marchoffmann.com/blog/archives/25 “It's getting better all the time” is the key refrain to the Beatles' song Getting Better. That sentiment would have been foolish if it had been sung this time last year. Today, though, it appears to hold true, particularly now that we have finally received the break we have all ... http://marchoffmann.com/blog/archives/24 If you're thinking the recession is over, not so for he housing market.  It's reported that Chase is holding over 600,000 houses vacant.  Countrywide/Bank of America is twice as big as Chase - how many do you think are being held off the market from all the banks?   More in ... http://marchoffmann.com/blog/archives/23 saw this great article on Loan Mods. http://mandelman.ml-implode.com/2009/11/how-banks-view-loan-modification/ http://marchoffmann.com/blog/archives/22 The foreclosure process can be confusing. Many individuals are left not knowing exactly how the process works. Here is a month by month estimate of what happens to give you a better understanding of what happens. Remember that each situation is unique. Month 1 Day 1 – Mortgage payment is late Day 15 ... http://marchoffmann.com/blog/archives/10 1,004. 1,046. 1,083. 1,078. 1,120. 1,185. Notice a pattern? That's the number of signed purchase agreements each of the last six weeks in the Twin Cities housing market, growing most weeks at the spring buyer market heats up. The 1,185 pending sales during the week of May 9 were a robust ... http://marchoffmann.com/blog/archives/21 Minneapolis Investment Property - 6925 Florida Ave, Brooklyn Park Posted using ShareThis http://marchoffmann.com/blog/archives/19