FEATURE STORY
Buying U.S. Foreclosures Thoughtfully
There is a 'lust' for foreclosures today. I call the foreclosure hunters 'grave dancers' looking for that hot, hot deal. But is it really that easy to 'get rich quick' buying foreclosures?
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ALSO IN THIS ISSUE:
Arizona Foreclosure Rules
A brief outline of the foreclosure buying process in Arizona.
US Tax Questions Answered By An Expert
Questions on unqualified lawyers, setting up a US corporation, setting up a property management company, renting and collecting rent, going for a holiday, working on your rental property in the US. A must read for anyone wishing to buy in the US.
Blast From The Past
Our quarterly review of the past tells the story like nothing else can. Monthly numbers vary, but looking back a few years and looking at them on a year to date basis, often a different picture emerges.
The Numbers, The Numbers
The turn to a buyer's market started last year in Edmonton (July) continued through Calgary into the rest of Alberta (fall of 2007), hit the interior and the north in April 2008 and set in with a vengeance in the Lower Mainland in May 2008.
Major, Major Point
All markets - stocks, bonds, commodities, real estate are cyclical. Markets are not static; they always either rise or fall ... none of it in a straight line.
The Market Snapshot By NAR
Existing-home sales are 15% lower than the 5.75 million-unit rate in June 2007, reports the National Association of Realtors (NAR) in the US.
A New Section: 'Look It Up Here...'
Links to interesting articles on cross-border travel; Office and Commercial market reports.
The North
Rising active listings, falling sales all point to a turn from the powerful seller's market to a buyer's one.
Late, Urgent Questions for Ozzie
What about Saskatchewan? And other questions...
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