As if Hurricane Sandy and the promise of a new storm looming on the horizon wasn’t enough to rattle the nerves of Northeastern property owners, New Jersey was struck by a small earthquake in the early hours of November 5, 2012. This news comes amid reports that...
Jason Hartman and Karl Deninger, author of Leverage and his blog, “The Market Ticker,” get together to discuss the economic structural imbalances around the world. Karl started “The Market Ticker” to warn investors about impending ruptures in the stock market after he...
Hurricane Sandy, the superstorm that whipped the Eastern seaboard over the last weekend in October, destroyed thousands of homes in several states. As a way to help homeowners whose properties were damaged by the storm, mortgage giant Freddie Mac has offered to...
Short sales – a sale in which a property is sold for less than the mortgage value to avoid foreclosure – can be a legitimate way to secure a viable investment property. But more than in other kinds of housing sales, the short sale market is especially vulnerable to...
Before the great housing collapse of 2008-2010, few people besides those directly involved in the real estate market knew much about specialized real estate deals such as short sales. But as mortgages collapsed and the number of foreclosures mounted, these kinds of...
