Heroic Investing

Beyond Phishing –Now There’s Smishing

Beyond Phishing –Now There’s Smishing

Remember phishing? Now there’s smishing, a new kind of electronic identity theft targeting uses of smartphones and tablets. But although the venue may be new, these scammers are simply adapting the same old tried and true tactics that con artists used to use on the telephone. In those old days, people...

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Solar Power Sparks Controversy Here on Earth

Solar Power Sparks Controversy Here on Earth

In today’s housing market, green upgrades mean better prices and quick sales, and solar adaptations lead the way in eco friendly alterations. But even as incentives and credits help homeowners install rooftop solar panels, utility companies around the country are starting to feel the pinch. Now, electric...

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Chinese Investors Could Boost the Housing Recovery

Chinese Investors Could Boost the Housing Recovery

The latest wave of foreign investment in US real estate comes from China. Chinese investors backed by government funds are pouring money into a variety of projects and properties around the country – and they’re being welcomed with open arms by many US sellers and brokers, who see a hefty infusion...

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Short Sales: Bad Name for a Good Buy

Short Sales: Bad Name for a Good Buy

Short sale. It even sounds ugly, doesn’t it? Since the housing collapse of a few years ago, the short sale has been the lesser of two evils for homeowners struggling with mortgage debt – and a signal to the world that the loan can’t be salvaged. But a new report by MarketWatch notes that the stigma...

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Are Fannie Mae’s Days Numbered?

Are Fannie Mae’s Days Numbered?

It’s summer in Washington, and, as we’ve been reporting, housing reform is in the air. The bipartisan Corker-Warner bill and the Republican-backed PATH (Protecting American Taxpayers and Homeowners) Act are aiming to revamp government housing policy, and both bills are taking aim at venerable lending...

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New Bills, New Directions for Federal Housing Policy

New Bills, New Directions for Federal Housing Policy

Capitol Hill is taking aim at housing finance reform again. With not one, but two new bills in contention for reforming the government’s role in home loans and homeowner bailouts, legislators on both sides of the aisle are competing to form a new, but not necessarily kinder and gentler policy on managing...

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Fixed Rate Mortgages: An Endangered Species?

Fixed Rate Mortgages: An Endangered Species?

As the Federal Reserve prepares to wind down its bond buying stimulus plan, policymakers in Washington are debating proposals to make drastic changes to the whole housing finance system – changes whose impact isn't yet clearly understood. That’s why Fed Chairman Ben Bernanke recently urged lawmakers...

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The Litecoin: The Next Generation of Digital Money

The Litecoin: The Next Generation of Digital Money

Once the edgy digital darling beloved by cybergeeks around the world, the Bitcoin has gone – well, a little too mainstream for some tastes. Eagerly traded in standard stock exchanges and used for well-publicized purchases such as in vitro fertilization, the virtual currency has taken on many of the...

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Pocket Listings Keep House Sales Under the Table

Pocket Listings Keep House Sales Under the Table

The ups and downs of a volatile housing market create fertile ground for opportunists trying to make a buck – or several – from all sides of a real estate transaction. Though not actually illegal, practices like the “pocket listing” end up putting more money into the pockets of real estate brokers...

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Why First Time Homebuyers Aren't Buying

Why First Time Homebuyers Aren’t Buying

Mortgage rates are still low and the housing recovery still appears to be moving along. But in many markets around the country, fewer potential buyers are making that first step toward buying a home. Although the reasons for their absence from the housing scene are as varied as they are, the fact that...

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