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http://Report.PrivateMoney4Deals.com How to find private money without having special credit for your realestate investments
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What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.
If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.
Prepare yourself and protect your family from this coming economic catastrophe.
PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
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From L.A Times:
Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:
Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….
Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.
But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.
“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.
So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.
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Johor Real Estate | Property | Hartanah | 012-7936683 | Johor Bahru International Coastal City | Iskandar Malaysia Metropolis City |
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ISKANDAR MALAYSIA INTRODUCTION:
Iskandar Malaysia is a special economic zone located in Johor. It covers the logistics triangle from Senai Airport in the north to the Port of Tanjung Pelepas in the south-west and Johor Port Pasir Gudang in the south-east, encompassing a total area of 2,217 sq.km.
VISION and MISSION:
Iskandar Malaysia aspires to be a strong, sustainable metropolis of international standing, leveraging upon its five main strategic pillars:
1) International rim positioning
2) Establishing hard and soft infrastructures enablers
3) Investment in catalysts projects
4) Establishing a strong institutional framework and the creation of a strong regulatory authority
5) Ensuring socio-economic equity and buy-in from the local population
Towards this end, the Malaysian Government has identified the services sector to be the key economic driver in Iskandar Malaysia as this sector offers excellent investment opportunities for everyone.
SPECIAL FOCUS SECTORS FOR INVESTMENT:
* Tourism * Education * Healthcare * Logistics * Creative Industries * Financial Advisory Services
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