I didn’t believe it … but then I saw it with my own eyes. You’ve gotta check out this sweetheart deal that the FDIC gave to Indymac. Check out what Chris Rock, a MustKnowInvesting.com student (and Twitter follower) had to say about it: This could make your blood boil sooooo watch out! Click Below NOW [...] Read more »
Real Estate News : You’re Paying for Bank of America to Buy Countrywide
You heard me right…that’s your hard earned tax dollars at work. Here’s a clip from Bloomberg: “Bank of America Corp.’s $3 billion takeover of Countrywide Financial Corp. will be financed by 138 million tax-paying Americans. Bank of America, led by Chief Executive Officer Kenneth Lewis, can use tax write-offs to pay for Countrywide, the country’s [...] Read more »
10 Most Appreciating Real Estate Markets in the United States Summer 2008
Here’s a clip from a post over at The REI Brain: “I’m always a pretty positive guy and hate it when people start off in any discussion by looking at the negatives. There’s just too much negative talk out there in today’s real estate market … especially when there’s so much positive out there for [...] Read more »
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Patrick Riddle: