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Jeff Guilfoyle's Blog – July 2010 Archive (4)

It's not over yet

Bleak Outlook for Homes Sales: The Commerce Department said sales of new homes were near 47-year lows in July, albeit up from an all-time low in May. An analysis story in the Journal said the supply of new and existing homes is expected to grow in the months ahead as construction ramps up and a wave of foreclosed homes hits the market. Wall Street Journal, New York Times

Added by Jeff Guilfoyle on July 27, 2010 at 8:43am — No Comments

Here to help

I hope we can do some great things together and help each other reach our goals. I cover a few different areas in our market place that would be helpful to your customers. Please take a moment and look at my web sites. http://jag.commercialrelief.com this covers Modification of Commercial notes and Cost Segregation (which is a very great way for commercial property owners to gain a larger write-off on their property.) This is recommended by the IRS.… Continue

Added by Jeff Guilfoyle on July 19, 2010 at 9:12am — No Comments

Are we in trouble?

A large number of loans with five-year terms taken out as property values soared and underwriting standards plummeted will come due during the next two years. More than $60 billion of the debt matures in 2011 and $80 billion in 2012, according to Bank of America.

Added by Jeff Guilfoyle on July 13, 2010 at 8:58am — No Comments

There is a way to hold on to your property

In todays market so many have fallen. I have been asked by some other connections to reach to more investors and help them .

I do Note Modifications and Cost Segregation for Commercial Property, lenders today do not want to add to their books. So contact me or head to my website. http://jag.commercialrelief.com

Added by Jeff Guilfoyle on July 12, 2010 at 9:19am — 3 Comments

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We are now seeing some bizarre, contradictory, and negative economic and housing data trends that we’ve either never seen before or have rarely happened in the past.

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