“Buyer Beware” is the rule at tax auctions. Post 136


Auction of foreclosure properties draws 200 The Wichita Eagle Kansas, MO …at the Sheriff’s tax foreclosure sale at the Sedgwick County Extension Education Center. The Sheriff’s office auctioned 75 properties . • Gallery: Sedgwick County’s tax foreclosure auction • To the 200 people who showed up Monday to bid on Sedgwick County property in tax […] . . .

Read More: “Buyer Beware” is the rule at tax auctions. Post 136

How to be a ‘Millionaire’ for only $1000. Post 134


Coach Mitch’s REFLECTIONS™   Give the system what it wants (Coach Mitch advice) A banker wants to see assets. If the asset is liquid, like a stock or a bond, then he gives you credit for it. If the asset is real estate, the banker gives you credit for that also. The banking system does […] . . .

Read More: How to be a ‘Millionaire’ for only $1000. Post 134

With taxes so high, it’s easy to go into foreclosure. Post 133


Coach Mitch’s REFLECTIONS™   The question: How did they manage it? Did you ever wonder how families used to be so large and still survive? Into the 1920’s and beyond it was routine for a working man to support seven or more, and on an average salary of $28 a week. In fact, the average […] . . .

Read More: With taxes so high, it’s easy to go into foreclosure. Post 133

Media Ignores Main Reason for Foreclosures. Post 132


Loss of good jobs through ‘free’ trade is at heart of foreclosure epidemic February 18, 2008 American Free Press By Mark Anderson With the mortgage crisis reaching critical mass, it’s time for Americans to see past the media reports that are keeping them in the dark. Take Shaker Heights, a suburb of Cleveland. Foreclosures have […] . . .

Read More: Media Ignores Main Reason for Foreclosures. Post 132

Government goes after mortgage foreclosure loan modifiers. Post 131


Bloomberg.com June 9 (Bloomberg) New York Attorney General Andrew Cuomo subpoenaed 14 loan-modification companies and plans to sue another one as part of a probe of the “foreclosure rescue” industry. Loan modification companies, which get lenders to change the terms of mortgages to help avoid foreclosure, are capitalizing on the housing crisis and preying on […] . . .

Read More: Government goes after mortgage foreclosure loan modifiers. Post 131

Obama’s housing plan may be a bust. Post 121


Freedom Works Feb 20, 2009 by Matt Kibbe Ten Reasons to Oppose the Obama Housing Bailout The President, just one day after he signed the trillion dollar stimulus bill, started pushing Americans to support his new borrow and spend policy.This time it is at least $275 billion to bail out people with mortgage troubles. Among […] . . .

Read More: Obama’s housing plan may be a bust. Post 121

Buying real estate correctly. Post 120


Coach Mitch’s REFLECTIONS™ Real Estate MUST be bought correctly This is always true, but it is especially important today when the market is falling. All indications are that next year’s foreclosure numbers will be far larger than this year’s record shattering numbers. Anyone reading this blog will notice that I have consistently held that a […] . . .

Read More: Buying real estate correctly. Post 120