Foreclosures Spike 112% – No End In Sight

April 30, 2008 by · Leave a Comment 

The article below describes more in depth how severe and widespread the mortgage crisis has become. Each and every home will present an opportunity for an investor. “Detroit, which ranked sixth in the nation with 1 in every 68 households in default” Article Link More than 155,000 families have lost their homes to foreclosure this […]

Detroit Progress LLC Update

Detroit Progress LLC Update

April 24, 2008 by · Leave a Comment 

The spring buying season is upon us and Detroit Progress LLC is making strides to ensure a profitable start. Detroit Progress LLC was incorporated on March 25, 2008 as a commercial real estate venture; the partnership between Edward F. Azar and David Pakhchanian will focus primarily on real estate owned (REO) homes. Our goals are […]

Detroit-area home sales up 12.8%

April 18, 2008 by · Leave a Comment 

Spring time is approaching fast and the market is gearing up with year over year home sales spiking 49.4% WOW! Full Article Detroit Area home sales up 12.8% By GRETA GUEST • FREE PRESS BUSINESS WRITER • March 11, 2008 Sales of homes and condos in metro Detroit rose 12.8% in February as compared to […]

Bargain hunters boost home sales in some markets

Bargain hunters boost home sales in some markets

April 18, 2008 by · Leave a Comment 

Don’t miss out on the once in a lifetime opportunity to invest in this market correction. By Stephanie Armour, USA TODAY Home prices are sinking. Banks are seizing properties from owners who can’t pay their mortgages. Yet for Amber Gilmore, the miserable housing market has never looked better. After searching for a home for more […]

US mortgage crisis may cost $945 billion worldwide: IMF

April 10, 2008 by · Leave a Comment 

More bad news for the global credit crisis and economic outlook below. Remember, someones loss is another’s gain and the time is now to capitalize on those losses. We have seen recent cash infusions for large banks like Countrywide, Washington Mutual, and Lehman Brothers alerting the global markets of faith in the financial system. Remember, […]

Detroit’s housing slump is attractive to investors

April 3, 2008 by · Leave a Comment 

Don’t take our word for it, check out this recent article from the Detroit Free Press. The facts are the facts; now is the right time to buy investment property in Detroit! Remember, we have access to the direct bank lists and our homes are all pre-mls unlike the majority of the garbage out there. […]