American Home Mortgage Investment Company will either have to file for bankruptcy or face restructuring.

Causes serious difficulties for thousands of homeowners.

Popularity: 15% [?]

Do you think it couldn't happen again?

Some of us can remember double digit inflation and very high interest rates. People were driving cars worth less than their car loans. People in Brentwood were going hungy in their large upscale homes…

Popularity: 42% [?]

Here’s a warning to landlords.

Always run a [tag-tec]credit check[/tag-tec] on perspective -tag-ice]tenants[/tag-ice].

If you don’t, you’ll always regret it.

But what about this post from Foreclosure Fish which gives tenants in financial trouble the opposite advice?

Popularity: 48% [?]

You’ve got the funds to invest. The bank has the [tag-tec]REO’s[/tag-tec]. You want to buy. They want to sell. Time is money. You want to move fast and start work on your deals.

So how come the bank won’t return your phone calls?

And when they finally do talk to you, you think you’re not getting the absolute correct bottom line price of the properties you’re interested in.

What's the solution?

Popularity: 38% [?]