Heroic Investing

HARP is for Heroic Investors Too

HARP is for Heroic Investors Too

As the dust settles after November's Presidential election, the housing industry is keeping a close eye on which housing-related policies and programs from President Barack Obama’s first term will survive, and in what form. One holdover is HARP (Home Affordable Refinance Program), designed to help...

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What's Next? Post-Election Trends in Housing

What’s Next? Post-Election Trends in Housing

Regardless of their political leanings, real estate professionals and investors small and large watched this year’s presidential election unfold with an eye to its effects on the US real estate market. Although housing wasn’t a particularly hot topic during the campaign, experts see some trends emerging...

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The New Wave of Foreclosures: Hurting the Housing Recovery?

The New Wave of Foreclosures: Hurting the Housing Recovery?

Among the benchmarks of a recovery in the US housing market since 2011 is the “foreclosure pipeline” – the number of foreclosed homes reaching the market during a particular period. Although massive amounts of foreclosures were processed during the housing crash of 2008-2011, those numbers have...

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Tighter Lending Means Fewer New Homeowners

Tighter Lending Means Fewer New Homeowners

Scattered signs of a housing recovery are beginning to show themselves across the fruited plain still shell-shocked by the worst economic crisis since the Great Depression. Housing starts in October showed the most encouraging signs of life since 2008 with a 3.6 percent increase. Even Super Storm Sandy,...

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The US Housing Market - Macro to Micro

The US Housing Market – Macro to Micro

Former Speaker of the House, Tip O’Neill, political adversary to President Reagan in the 1980s, is often credited with the uttering the phrase, “All politics is local.” While not a fan of the man’s political point of view, Jason Hartman realized the idea of applying micro thinking to a macro...

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Tax Lien Sales: The Shadow Foreclosure Market

Tax Lien Sales: The Shadow Foreclosure Market

Outdated property tax laws in several states allow investors to pick up properties for next to nothing, as municipalities sell liens placed on houses owing back property taxes or even municipal bills such as water and sewer charges. Although this practice has been widely criticized as a way for unscrupulous...

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The Robosigning Scandal: Outcomes for Investors

The Robosigning Scandal: Outcomes for Investors

In February 2012, a number of high-profile lenders including Wells Fargo, Citi, Ally, Bank of America and JP Morgan Chase reached a settlement with the US government in the so-called “robosigning” scandal that saw thousands of foreclosure cases processed without anyone ever actually reading the documentation...

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Frogs vs. E-mail

Frogs vs. E-mail

Many of us have the natural human tendency to put off a hated task as long as possible. If Mark Twain's right, though, there's a good chance this proclivity could be costing you both money today and long-term financial success tomorrow. Are you ready for it? Frogs vs. E-mail! After more than two decades...

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Looking Ahead: Jobs, Mortgages and Housing

Looking Ahead: Jobs, Mortgages and Housing

As the dust settles from the Presidential election, trend watchers in all areas of the economy are assessing current conditions and looking to what lies ahead. For the still-struggling housing markets, this means turning attention to factors that may contribute to continued growth, such as an improving...

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Inflation + Income Property = Profit

Inflation + Income Property = Profit

“Inflation investing” or income property investing, as Jason Hartman refers to it, can be a tricky concept to understand. To the first responder seeking to create financial independence and accustomed to thinking of the idea that debt is bad, it’s critical to shift into a “real” vs “nominal”...

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