The News Keeps Getting Worse – Which Means There Has Never Been a Better Time to Get Started Buying.

This result was not unexpected – there was supposed to be the last huge number or ARMs readjust in March. What’s surprising is that this time last year the pundits and analysts were talking about the real estate market taking a bath in Q1, but then after that the market was supposed to improve. Regardless of the […]

Latest Buy – Closed Yesterday with over $60,000 in Equity!

Can I find one for you? Here’s the property that I wrote about a couple of weeks ago. 3 bedroom, 1.5 bath all brick ranch home in the best school district in the state – Grosse Pointe. Roof, furnace, central ac, and water heater are all like new. As are all the appliances that were […]

The Building – Part II: Fannie Mae Strikes Again

And I’m STILL waiting for the seller’s 2007 tax returns. In the mean time, I’ve been working on getting my financing squared away. What a nightmare this is turning into. Before I even finished negotiating the PA I interviewed six mortgage brokers and called around and talked to a couple of others. I settled on […]