Wednesday, November 4th, 2009
Welcome back!The banking crisis raises many questions.
Do you wonder how banks that claimed to hold billions of dollars in real estate mortgage assets could go broke?
And most importantly, how did a banking crisis involving mortgages turn into a global financial crisis that affects all of us?
Tags: bank crisis, banking, Banking crisis, economic crisis, financial crisis, [...]
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Sunday, October 26th, 2008
Owner financing is a proven strategy that will let you bypass the banks during the credit crisis.
The current economic crisis is a credit crisis. The banks are extremely reluctant to make loans, even to qualified buyers.
This credit crunch affects both buyers and sellers.
Unless buyers can pay cash, they need some sort of financing to buy [...]
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Friday, October 10th, 2008
The world is in economic crisis. So far, nothing has stopped the crisis from spreading. It started with subprime mortgages, and has grown into a hydra-headed monster that is creating fear around the world as banks cut off credit.
With global stock markets continuing their sickening plunge and the credit system all but shut down, efforts [...]
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