Was Cay Clubs a Real Estate Investment Scam?

Many real estate investors are asking the question – “Was Cay Clubs a real estate investment scam?”

For those of you that don’t know about Cay Clubs, they were a managed real estate investment company that convinced investors to fund condo conversion projects in high value “beach front” properties. Read more..

What is the Mortgage Forgiveness Debt Relief Act of 2007?

The Mortgage Forgiveness Debt Relief Act of 2007 was enacted on December 20, 2007 (see News Release IR-2008-17). Generally, the Act allows exclusion of income realized as a result of modification of the terms of the mortgage, or foreclosure on your principal residence. Read more..

A MLS for Investors – Investor Loft

The Benefits of Lease Options

The benefits of lease options are huge for real estate investors. You can use lease options to buy and sell real estate, especially during difficult housing market conditions. Read more..

Get Your Free Credit Report

 

Do you know that it’s federal law that the credit bureaus are obliged, on request, to give you one free copy of your credit report per year. This is in addition to their obligation to give you a copy of your credit report if you’re turned down for credit based on a credit review.  Read more..

Housing Market November 2008

WASHINGTON, November 18, 2008

by Walter Maloney on Realtor.org

Four out of five metropolitan areas recorded lower home prices in the third quarter from a year earlier, while existing-home sales fell in 32 states from the second quarter, according to the latest quarterly survey by the National Association of Realtors^®. Read more..

List Your Home on Craigslist

I’m sure that you’ve noticed that the real estate classified section of your local newspaper has shrunk in size. Do you know why? 

There’s no doubt that the state of the economy has reduced the number of sellers willing to pay the cost of advertising in news print, but the main reason is that online classified sites like Craigslist and Backpage are so much cheaper (as in free) and easier to use. Read more..

Real Estate Investment Agreements

by Ross Hair, the Real Estate Advocate

I have the advantage of having practiced real estate law so I’m very comfortable reading and writing legal agreements. Read more..

Welcome to Real Estate Advocate!

I’ve reformatted the Real Estate Advocate blog by moving it from Movable Type to Word Press!

The new site will have more of a real estate consumer focus and will no longer be focused on solely on real estate investment.