Note Investing - Real Estate Note Investing

What is the purpose of a promissory note? Bills of exchange can also be called an IOU, a loan agreement, or just a bill of exchange. It is a legal document about the loan in which it is said that the borrower promises to return to the…

Litigation To Successfully Challenge The CDC Eviction MoratoriumBy Jeffery S. Watson There are two important legal concepts that apply to every lawsuit:  standing and jurisdiction.  For a person to be a party to a lawsuit, such…

According to ATTOM Data’s latest U.S. Foreclosure Market Report, there were a total of 11,281 properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) across the nation.  This figure is up…

Published by REALTOR Magazine | March 18, 2021 The Fed indicates they likely won’t raise interest rates until 2023—at the earliest. The Federal Reserve voted on Wednesday to keep its benchmark interest rate near zero and at historic…

Just last month we saw a report about building materials surging 5.4% in 2020.  In fact, in September alone softwood lumber soared by a record 29%! Now comes a report on HousingWire that says increased costs for lumber and other building…

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,421,000, which is 10.3% below January’s revised number.  February’s rate for units in buildings with…

Published by Housing Wire | March 16, 2021 Unintended consequences could send home prices up even further The housing industry has been keeping a keen eye on President Joe Biden’s proposed $15,000 homebuyer tax credit for first-time…

Saturday, March 20th, is the first day of Spring!  That means now is a great time to start thinking about your property’s landscaping.  Whether it’s a rental property or that new flip, a good-looking lawn will certainly add…

As a Saint Patrick’s Day libation, the IRS announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.  The IRS said they will be…

We have had several posts about student debt and its potential impact on the housing market – especially for first-time buyers.  Recently, the State of Illinois established a new program that will pay up to $40k in student loan…