Ed Tse's (rocktexas) Blog

Dear Hank, Thank you for forwarding the promotional email to me. [Note: enclosed herewith at the bottom.]  Its idea is very good, but they have not done it right.   If they could have the idea I put in my "America Poor Folk's Egold" formula,  they would be able to do it much better to the poor fa...

Facing real estate severe downturn, there are so many analysis, outcries or arguments to government's "aids", "baiout", "take over", or "nationalization" leading to a devastating selloff of Freddie and Fannie's stocks yesterday.  So much have been said, so much noisy sounds confused us.  Enough i...

Why We Need 1031 Exchange Scams to Devastate Investors?    With buyer lined up, who needs an agent? Here I read an article today, written by the very good and experienced attorney Benny Kass for Inman News: I am particularly interested in his opinion on 1031 Exchange in answering a question of Bo...

Can you get me a loan to purchase a $300,000 house if I have only 1% down payment?  If you are an agent and I ask you the above question, do you think you are able to have a right answer for me? I would like to further ask you a question: "Can you get me a loan up to $150K to buy the house and al...

Olympic Gold Medal: Greenspan Tells us Housing will Bottom in 2008. Meantime Foreclosure Filings hit Historical Record. Posted: 14 Aug 2008 02:47 PM CDT What may be more amazing...  Amazingly Greenspan is saying the right things in certain respects yet this is only to cover his silence during th...

1031 Exchange Scams Can Devastate Investors By Ilyce Glink, Wednesday, August 13, 2008. Inman News   ******  ******  ****** I always find that Ilyce's articles very helpful and educational.  This one is very interesting.  As Ilyce's subtitle stated, "Do you know who's holding your funds?"    Here...

Did you watch the movie "The Day After"?   I did. Just as the ending of a fairy story: "they live happily thereafter," I didn't really care much about the days "AFTER", even the power of a nuclear war terrified me right at the movie theater.   Now, I have been through so many things that leave me...

How to buy a foreclosed home Sure, there are bargains to be had, but there are also plenty of pitfalls awaiting anyone brave enough to wade into real estate's maelstrom. Here's what to consider. By Les Christie, CNNMoney.com staff writer Last Updated: August 8, 2008: 11:17 AM EDT ********  ******...

Please check the full content of this reply at: Wish you a good luck, Here are the Reo department web-linKs It is easy for the Buyers agent to blame the Listing agent and accuse of trying to take both sides of the deal (which is rare that it happens).  Every bank deal I have in pre-list sure I hy...

Name: Bill ***** Email Address: Bill ******@***.net Subject: US Bank REO dept url IP: Message: Hello Ed,I have a client who has a full price offer into US Bank since July 24. We were informed on July 30 that another offer was submitte3d on July 28 that wasw 15k less than ours. Yet the bank has n...