Alexis McGee

Alexis McGee
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We teach our investor clients to develop win-win scenarios that will benefit both the distressed homeowner and the investor. The troubled homeowner conserves some equity for a new start, and the investor realizes a reasonable profit. That's much better than seeing the owners lose everything, including their credit, in an auction on the courthouse steps.
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We also train our investor clients to develop win-win scenarios that benefit both the homeowner in distress and the investor. That way the troubled homeowner can sell their way out of foreclosure and conserve some equity for a new start, and the investor can realize a reasonable profit on resale of the home. That's much better than seeing the owner lose everything in an auction on the courthouse steps.
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Other Florida cities are showing similar price profiles, with the biggest inventory buildup on the state's West Coast. That buildup will lead to increased time on market and put more downward pressure on prices.
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As these markets cool down, we'll begin to see mortgage defaults increase in 2006.
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While the economy is strengthening overall, problems persist in manufacturing, and many of these states are dependent on that sector.
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We teach our investor clients the fundamentals of successful foreclosure property investing, and show them how to create ethical win-win scenarios that benefit both the troubled homeowner and the investor. Our method enables the homeowner to conserve some equity for a new start, while assuring the investor of a reasonable profit on resale of the home. That's a much better solution than seeing the owner lose everything at auction.
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While there is less overvaluation in these markets, relatively low employment in states like Virginia, West Virginia and Kentucky are putting more homeowners in financial distress, These states are heavily dependent on the manufacturing sector of the economy, and that sector continues to lag behind others, like health care and professional services.
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We're seeing shrinking builder profit margins, and more and more incentives being offered to attract buyers. That's an indication of a shift to a buyers' market.
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We're seeing reduced price appreciation in the Pacific Northwest, and Alaska although population growth and job growth there remain strong.
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We're beginning to see price declines in most eastern markets in the fourth quarter of 2005.
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Our research has always shown a correlation between foreclosures and a flattening home price appreciation curve.
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Our mission has always been to help investors create win-win scenarios that benefit both the troubled homeowner and the investor. The owner in distress saves some equity for a new start, and the investor realizes a profit on the resale of the home. That's far better than having the owner lose everything in an auction on the courthouse steps.
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I just think we are going to have a flattening of the appreciation curve. There are negative prognosticators speaking about the collapse of housing and I don't think that is true.
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In Washington D.C., prices were flat over the last 30 days, but down 5.4 percent over the last 90 days.