Kenneth Young's (executivebroker) Blog

I had to pass this on by re-bloging it.    This might be going on in CA, but I have a feeling that it goes on across the country with our elected officials...    Even though I laughed at the picture, it really is sad......OK, I just get to the office...enough ActiveRain for a while....Open up my ...

This post is right on the money....   Along with FHA & Fannie Mae you can add Freddie Mac...We, the taxpayers, are the only mortgage lenders left. And, we're losing a fortune. Fannie Mae and the FHA are giant money holes. Our leaders keep throwing billions into these bottomless-pits because it's ...

I am reblogging this post to test the software here on AR.   For those that are wondering I did ask Melissa if it was ok with her to re-blog it....I'm still here folks, but I am getting back to the basics of marketing and establishing relationships. You may notice I do not blog as often as before...

LOAN POOL - SOUTHEAST 48 Loans, most are non-performing.   Total principle balance:  $4,269,799    Because most are non-performing you can pick them up at .40 cents on the dollar ($1,707,919).   Appraised property value:  $4,571,250 These loans/homes can either be foreclosed on, refinanced, or ta...

LOAN POOL - SOUTHEAST 38 Loans, most are non-performing.   Total principle balance:  $4,480,858    Because most are non-performing you can pick them up at .40 cents on the dollar ($1,792,343).   Appraised property value:  $4,192,000 These loans/homes can either be foreclosed on, refinanced, or ta...

LOAN POOL - MID-ATLANTIC 34 Loans, most are non-performing.   Total principle balance:  $6,129,507    Because most are non-performing you can pick them up at .40 cents on the dollar ($2,451,802).   Appraised property value:  $6,879,500 These loans/homes can either be foreclosed on, refinanced, or...

LOAN POOL - NORTHEAST AREA 35 Loans, most are non-performing.   Total principle balance:  $4,480,523    Because most are non-performing you can pick them up at .40 cents on the dollar ($1,792,209).   Appraised property value:  $4,751,000 These loans/homes can either be foreclosed on, refinanced, ...

Excellent opportunity for anyone looking to own their own business.   Large free standing building, corner lot in a country setting.   Here's the facts: Monthly gross:    $25,000-30,000. Monthly net:       $10,000 + Rent:  $1200 a month Electric:  $300 month Phone: $45 Payroll:  $1600.00 Lease in...

I comment so much and the sorry state of the economy I forget to state what will lead to recovery.  There are has to be a lot of factors for this to happen; business, Real Estate, government, education and personal for us to recover.  So here's some of my thoughts: 1.  Small business will no long...

Jacksonville, Florida   Want them cheap?   Ok, here's the deal $3,780,827.40 is owed.   Average balance: $236,301.71     Now, we all know that Florida housing prices have gone through the floor.  No way would we suggest that you pay the value at orgination when the owners bought these properties,...