Caveat-Emptor: $200k in worthless government tax lien certificates. Post 203


NorthJersey.com Friday January 24, 2014 PATERSON — A father and daughter are suing the city claiming they were sold more than $200,000 in worthless tax lien certificates for a non-existent property, homes on which taxes were never in arrears and a piece of land where a school is being built. “These liens should never have […] . . .

Read More: Caveat-Emptor: $200k in worthless government tax lien certificates. Post 203

Determining good tax delinquent property prospects. Post 201.


Coach Mitch’s REFLECTIONS™   Needing more clarity, a student recently asked me to quantify what he should be looking for to determine what a good tax delinquent property prospect was. I jotted down a few ideas. The biggest idea is that: Every criterion has its range of values, issues and concerns. A good lead takes […] . . .

Read More: Determining good tax delinquent property prospects. Post 201.

Buy Detroit now - at tax deed auction prices. Post 196


model D Wayne County Tax Foreclosure Auction kicks off this week Tuesday, September 11, 2012 The Wayne County Tax Foreclosure Auction has traditionally been held in real-time until 2010 when the vast number of properties up for sale forced its move to online sales. The 2010 auction set records with thousands of tax foreclosed properties […] . . .

Read More: Buy Detroit now – at tax deed auction prices. Post 196

There are real estate bargains everywhere. Post 192


AMERICAN PUBLIC MEDIA Marketplace 6/25/12 Condo buyers square off against foreign investors The condo market is on the rise in hot cities like Miami. But that means competition from international buyers who bring cash. Kai Ryssdal: I remember being in Miami about three, four years ago and seeing high-rise after high-rise after high-rise of apartment […] . . .

Read More: There are real estate bargains everywhere. Post 192

Mortgage foreclosures keep on, keepin’ on. Post 162


January Foreclosure Activity Continues To Be Depressed Due To Robofraud, Judicial State REOs Plunge RealtyTrac by Tyler Durden 02/10/2011 “Unfortunately this is less a sign of a robust housing recovery and more a sign that lenders have become bogged down in reviewing procedures, resubmitting paperwork and formulating legal arguments related to accusations of improper foreclosure […] . . .

Read More: Mortgage foreclosures keep on, keepin’ on. Post 162

Uncle Sam (you & me) may need to bail out the banks – again! Post 158


Massachusetts Foreclosure Case Likely to Set the Tone Against Banks’ Foreclosure Decisions The Bryan Ellis Real Estate Letter January 7th 2011 …the Massachusetts Supreme Judicial Court upheld a lower court’s decision that two foreclosures were invalid because the banks did not adequately prove that they owned the mortgages in question…The decision likely will set the […] . . .

Read More: Uncle Sam (you & me) may need to bail out the banks – again! Post 158

MI foreclosure rate leveling off. Post 117


MI foreclosure rate leveling off FLINT News Flint, MI January 07, 2009 Officials see indications that foreclosures are starting to level off GENESEE COUNTY, Michigan – Bank foreclosures in the county kept rising in 2008, but there were signs in those gloomy numbers that the sheriff’s sales are starting to level off. The year-end figures […] . . .

Read More: MI foreclosure rate leveling off. Post 117

Banks always have the upper hand. Post 115


Even if you’re up to date on payments, don’t ignore taxes or transfer the loan. Los Angeles Times December 7, 2008 Reporting from Washington – Not making your [tax ed.] payments is just one way to lose your house. Take the case of Aaron Powell, a member of a right-wing militia group who a few […] . . .

Read More: Banks always have the upper hand. Post 115

Banks create bank fraud, creating tax foreclosures. Post 92


Coach Mitch’s REFLECTIONS   The mortgage banking cover-up The real, banking “fraud” that is not spoken about is: the investors on Wall Street and the Hedge funds along with the banks create the banking programs. They are the ones who set the rules. A No Income Check, No Asset Check, NIC NAC, loan does not […] . . .

Read More: Banks create bank fraud, creating tax foreclosures. Post 92

The “housing bubble” is starting to burst in Florida. Post 36


Coach Mitch’s REFLECTIONS™ South Florida Business Journal – Monday, July 30, 2007 Great Florida Bank said its profit fell 98% in the second quarter due to an accounting change, and reported a large increase in non-performing loans. Coral Gables-based Great Florida (OTCBB: GFLBA) earned $65,000 for the recent quarter, compared with $3.9 million for 2006’s […] . . .

Read More: The “housing bubble” is starting to burst in Florida. Post 36