Home Sales Up, Prices Down

Back in September, I wrote about a news story that said home prices had declined for the first time in 11 years. Today, there is another story out: Home sales are up, but prices are down.The National Association of Realtors has announced that sales are up one half of one percent - the first rise in eight months. However, the median price of a home has dropped 3.5% from last year, a record decline. They also state there is still seven months worth...

Whitney Houston Faces Foreclosure

From CNN: Whitney Houston's New Jersey mansion is set to be sold at a sheriff's sale on January 4th because she is more than $1 million behind on the mortgage and still owes this year's property taxes.Now that's an auction I'd like to be ...

DLCV Reverse Split Just Days Away

This press release from Dolce Ventures indicates their 304.44 for 1 reverse split should be completed on or about November 16. This is the arbitrage play I wrote about earlier. If you are making this play, I would start checking your brokerage account daily. Based on my experiences with Schwab, once the split happens, you'll probably see their ticker symbol, DLCV, in your account replaced by a number. About a week or so later, depending on your brokerage,...

Credit Report Corrections

A couple of months ago, I requested our annual free copy of my wife's credit report from Equifax. There was nothing seriously wrong with it, but there were several old accounts that I wanted removed. I filled out the correction forms and sent them back. By law, Equifax has to respond within 30 days. A couple weeks after I sent in the corrections, I got a letter back from Equifax saying the three accounts they listed were verified to be correct and...

Thoughts On HomeVestors

Sorry no posts for so long. Life has been pretty busy lately. We went to California Thursday and spent Friday at Disneyland. It was the first visit for my almost 3 year old daughter and she really enjoyed it. Got back into town on Saturday and spent most of Sunday in the hospital emergency room because my wife's back locked up and she can barely move. She's been home in bed all week and I've been taking care of her and my daughter. Needless to say,...

Shaun's Real Estate Adventures Honored

I am pleased to report that this blog was selected as one of The Top 35 Real Estate Blogs by BiggerPockets.com, a special interest media and publishing company focused on real estate investing. The list was posted at the end of August, so this might be old news to some, but I just found out about it :-) Thanks to BiggerPockets for the honor! Their site has a blog plus lots of other good stuff and I recommend taking the time to see what they've got...