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The Ever Changing Real Estate Market-Beware Of Second Mortgage Foreclosures
Manage episode 155927772 series 1171096
Content provided by Morning Money Show. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morning Money Show or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mike talks about the abundance of opportunities that are still available. While prices have gone up there's still plenty of deals around, but you need to be extremely careful. One trend that we're seeing is that Home Equity and Second Mortgage Lenders are foreclosing. Since 2009, it was extremely rare for these lenders to foreclose, for the simple reason that there was seldom enough equity to cover them. They simply wrote these mortgages off. Now, because values have increased the situation has reversed, there's now enough equity to cover the second mortgage. Mike has a special course on identifying these situations and capitalizing on them if it makes sense.
47 episodes
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Manage episode 155927772 series 1171096
Content provided by Morning Money Show. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morning Money Show or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Mike talks about the abundance of opportunities that are still available. While prices have gone up there's still plenty of deals around, but you need to be extremely careful. One trend that we're seeing is that Home Equity and Second Mortgage Lenders are foreclosing. Since 2009, it was extremely rare for these lenders to foreclose, for the simple reason that there was seldom enough equity to cover them. They simply wrote these mortgages off. Now, because values have increased the situation has reversed, there's now enough equity to cover the second mortgage. Mike has a special course on identifying these situations and capitalizing on them if it makes sense.
47 episodes
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Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
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