Archive for September, 2008

Financing your next real estate purchase

Tuesday, September 30th, 2008

The real estate deals just keep coming, and prices are at an all time low.  The challenge seems to be with finding the right lender, or getting the loan approved.  I work with many sellers that offer financing on commericial real estate, and residential as well.  The seller financing can vary from 10 percent to higher, and depending on the credit of the buyer.  Please call or email today to get a FREE LIST of properties that qualify for seller financing, and lenders that will word to earn your business.

Stocks surge with U.S. Government takeover of Fanniemae and Freddie Mac

Monday, September 8th, 2008

NEW YORK - U.S. stock futures pointed to a huge rally Monday as investors rushed to lay bets on a broad economic recovery following the weekend announcement that the U.S. government plans to bail out mortgage lenders Fannie Mae and Freddie Mac. U.S. stock futures jumped more than 2 percent.

Meanwhile, bond prices fell sharply as emboldened investors looked for riskier but higher-yielding bets.

The weekend announcement that the Treasury Department was seizing control of the companies, which own or back about half the nation’s mortgage debt, in an instant brushed aside persistent worries that the companies would be felled by a spike in bad mortgage debt. ( reported by Associated Press )