12 items that will trigger an audit. Avoid them!! click here to read
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12 items that will trigger an audit. Avoid them!! click here to read
They said that they did not know the housing market would collapse when it did. Huh ? I knew and they did not? Something is fishy. Well now they have to release the copies of their meetings with a 5 year delay. So now we can read what went on in 2006 at the fed…
That does not mean we are out of the woods yet. There are still enough in the pipeline to keep this going for years. That makes perfect sense since the average cycle is 7 years. The top was considered to be 2007 so that makes 2014 as the year things start to go up. We…
FHA is not the cause of the housing crisis. For a long time the system worked beautifully. In fact until 1988, there was no need to qualify for loan assumptions. There were no mass defaults. Why is that? It was only when FHA decided to relax standards of the original loans in order to compete…
from Warren Buffet Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling: “I could end the deficit in 5 minutes,” he told CNBC. “You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of…
I told you months ago that this was going to happen. As soon as the auto companies started to make money, i knew that Detroit would have to get better. I have seen this before when an area is so down trodden that it HAS to come back. Now that car companies are coming back…
Even more so now than in recent times. Case Shiller, who tracks home prices, is showing overall gain in the last 3 months but it varies a lot region to region. Our area is less than other areas in the country. Consumer confidence is as low as it was at the bottom of the recession….
If you can qualify and you have not done, you are a dope. People are too jaded about low rates and don’t understand that this is not normal in the course of history. Things will change and you will kick yourself. Living in an apt? Shame on you. Not investing because you have no money?…
The press is full of news talking about a 2nd recession. Is this the tail wagging the dog or the dog wagging the tail? The press has the power to distort facts, create emotion and to create a self fulfilling prophsy. Even the stock market is playing into people’s fears. The usual thought is that…
That’s why you need to buy if you can qualify and why this is the best time to buy and hold. What this means is that the ratio of prices to rent is in your favor as a landlord. Look at it like a PE ratio on a stock. I see so many houses that…
