Baltimore Real Estate Investing Blog

Ned Carey's Comments on Real Estate Investing, Business and Finance

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Entries from June 2008

How Do You Value Properties

June 18th, 2008 · 2 Comments

Tweet I found a very good article about what affects property values. Joe Manausa of the Tallahassee Real Estate Blog wrote a great post called How Home Values Are Determined. While this is aimed at sellers it has value for investors too. In today’s market you are likely to run into sellers that are just unrealistic about what […]

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Tags: Beginner · real estate

FHA Update

June 16th, 2008 · No Comments

Tweet Well more information is in and the new waiver of seasoning regulations (see previous post)only applies to homes that were foreclosed by the lender. Here is the ruling from HUD.  The key language is: This waiver is limited to a sale within the 90-day period if the property is acquired through foreclosure, and is […]

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Tags: real estate

FHA rolls back financing rules.

June 15th, 2008 · 3 Comments

Tweet Inman news is reporting that FHA has temporarily removed the 90 day seasoning requirement for properties that they finance. I agree with the article, this won’t really help the backlog of foreclosed homes. Of course I didn’t think the original rule did much to address the real issue with “Flipping”. Seasoning requirements are a […]

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Tags: Beginner · real estate

Price Fixing at Maryland Tax Sales!

June 4th, 2008 · 4 Comments

Tweet The Baltimore Sun is reporting that Steven Berman has pleaded guilty on charges he conspired to fix bids at a number of Tax lien auctions in Maryland over a several year period. Mr Berman is the husband of Heidi Kenny, the attorney that I had reported won so many bids at the recent Baltimore […]

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Tags: real estate · Tax Liens

Ignorance of the Law Is No Excuse!

June 2nd, 2008 · 1 Comment

Tweet You’ve heard that saying before. Sadly many small business people don’t know much about the laws they are expected to obey. If you want to learn more about the laws that apply to Real Estate Investing, I will be teaching a class at the Mid Atlantic Real Estate Investors Association. Local Regulations and Ethics, […]

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Tags: Beginner · real estate