Thursday, May 10, 2007

Reading: Post-Foreclosure Real Estate Auction

Do you know that there are companies out there that auction out the real estates that has gone through foreclosure process but no buyers have wanted them? I just read this article in CNN that previews 2 such companies: Hudson and Marshall and Williams & Williams. It is interesting to know, and it may be worth exploring if you would like to find bargain properties.

Monday, May 7, 2007

Hedging ARM mortgage?

I found an interesting posting at this Washington Post Real Estate online discussion about a homeowner who short a $200,000-worth of Treasury futures in order to hedge his ARM mortgage. This is an intriguing idea and I will try to find out more on how this works out cash flow-wise.