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

TLC’s down – Tax appeals UP. Post 130


Dade tax collector advertising fewer properties this year even with recession Miami Today May 28, 2009 RisaPolansky Despite a rough economy, fewer delinquent property tax certificates are being advertised for sale in Miami-Dade this year than last. In 2008, the county tax collector advertised 89,795 properties before the annual delinquent tax certificate sale. This year, […] . . .

Read More: TLC’s down – Tax appeals UP. Post 130

Predictions – Investors back off tax liens. Post 129


Tax lien auction still leaves $2.6 million gap for Pasco St Petersburg Times Florida May 28, 2009 By Jodie Tillman It may have been a record, but it wasn’t the one that Pasco Tax Collector Mike Olson was hoping to set: More than $2.6 million in property taxes for 2008 remains unpaid after Tuesday’s tax […] . . .

Read More: Predictions – Investors back off tax liens. Post 129

Florida tax liens – Beware! Post 128


BARTOW | Friday is the last day to pay 2008 property taxes without incurring extra costs, according to Polk County Tax Collector Joe G. Tedder. After June 1, tax certificates on the delinquent tax bills will go on sale, Tedder said. Tax certificates are sold to aid local governments in recouping the tax money already […] . . .

Read More: Florida tax liens – Beware! Post 128

The Government VS Joe Kaiser. Post 127


Foreclosure guru hit with $3.2 million penalty seattlepi.com Thursday, May 7, 2009 Levi Pulkkinen “I’m the Tiger Woods of foreclosure rescue” accused man cries out. To state lawyers, Joseph Kaiser is a swindler, preying on homeowners facing tax foreclosure who don’t know their options. To one King County judge, he’s a purveyor dealing in […] . . .

Read More: The Government VS Joe Kaiser. Post 127

Landlording 202. Post 126


Coach Mitch’s REFLECTIONS™   Landlording If you are going to be part of the real estate investing business, understand that you will be a landlord at some point. Get over it I know, I know. No one wants to be a landlord. Well, I’m sorry, but it comes with the real estate investing territory. It […] . . .

Read More: Landlording 202. Post 126

Consider selling – NOW! Post 124


Coach Mitch’s REFLECTIONS™   The Recession Is Over!! This is the headline coming from the talking heads at CNN, etc. A significant percentage of the nation’s media is very determined to do what it can to bolster President Obama’s agenda. To this end, they trumpet any small piece of good news. If there are several […] . . .

Read More: Consider selling – NOW! Post 124

Real estate investing signs work wonders. Post 123


Coach Mitch’s REFLECTIONS™   Signs work Look in the exterior sidebar. See the picture of a sign. It reads: “Why Rent? 100% Financing, No Down Payment, 439-6100.” I have used this sign many times. Each time I have a property for sale, I display this sign prominently – and the phone rings. At a minimum, […] . . .

Read More: Real estate investing signs work wonders. Post 123