Blog Archives
Sunday, December 19th, 2010
2011 Forecasts For Real Estate
Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on December 18, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… Each December here at Channeled Readings, LLC we channel our Forecast for the coming year on each of our 14 CR News Reports© topics. Today’s topic is Real Estate. Remember, we are the only psychics in the world that have every prediction notarized for accuracy and date. Last December, in 2009, our CR News Reports© session on Real Estate featured the following forecast for 2010… 1.) For 2010 and beyond the banks will be controlling the real estate market. In fact, the banks will ruin the market for the home builders and you will see the home builder stocks drop significantly. 2.) Banks will also make it very difficult for sellers to sell their properties. With the market flooded with bank-owned inventory they are willing to dispose of at fire sale prices. 3.) This will push the people who are barely making it now over the edge and there will be another wave of foreclosures sending more inventory back to the banks. With all this inventory coming from new foreclosures, the banks will have enough inventory to sell through 2013 and into 2014. 4.) The part of the country that will do better with real estate is the East Coast – primarily around Washington DC, Maryland and Virginia because of the growth in government. 5.) The worst areas for our real estate outlook will be California, Arizona, Florida and Nevada. 6.) People will have many tough decisions to make regarding what they thought was the best investment they ever made. People will decide to walk away if they are upside down. 7.) People need to apply this information to their life at this time because they have never seen times like this in the past. Everybody’s idea about real estate investing needs to change. Following this link to the CR Greatest Hits© PREDICTIONS on Real Estate for December, 2009 is where you’ll find 8 news stories that support these predictions after they happened. We would now ask Higher Intelligence to bring through their predictions and commentary on what they see coming in 2011 for Real Estate … Go ahead with your predictions and commentary…
Tuesday, October 19th, 2010
Where’s The Note?
Mediums: The CR News Reports© is a copyright publication of Channeled Readings®. The following predictions on REAL ESTATE were channeled on October 17, 2010 directly from our “Higher Intelligence Source” and not from what we, the Mediums may think, reason, guess, analyze or anticipate from probabilities or trends. These predictions are not based in conspiracy theories or come from a doomsayer’s slant. We provide Survival News Predictions to help you overcome any fear of the future you may have and empower you to prepare for what’s coming… Every time you turn on the TV you hear about foreclosure fraud. There is a moratorium on foreclosures until lenders can “look into alleged illegalities” in the foreclosure paperwork involved. Now, these big banks aren’t voluntarily going along with this because they think somebody signed something without looking at it. They are cooperating because they got caught red-handed trying to steal people’s houses that they don’t even own and can’t produce the valid paperwork to back up their right to foreclose. Yes, “robo-signers” have signed thousands of documents per week without even understanding what they were signing. Many are unable to explain even the basic terms used in a foreclosure process like…”mortgagee” and “lien” yet they are attesting to the validity of the paperwork. Lenders promoted totally unqualified workers to the title of “expedited document processor” and authorized them to approve the paperwork that will take somebody’s home away from them. In an effort to foreclose on homes, lenders have also illegally backdated affidavits that were supposed to be endorsed over to trusts at the time of sale. Trustees are supposed to hold the note (the IOU), the mortgage (the security that says the house was used as collateral) and the assignment of the note and security instrument. So, the chain of documentation is suspect, since “wet signatures” were not transferred on paper when electronic documentation began in the industry. Companies forgot that real estate law requires original documents with real signatures on them be filed. Whoever holds the mortgage has the authority to foreclose. But who holds the mortgage? The trust that has been collecting the money each month or someone else? JPMorgan Chase’s chief seems to think they’ll have this all worked out in about a month or so. If that is so, then why did JPMorgan Chase, in their earnings report, increase the amount of reserves set aside for “litigation and repurchase?” Repurchase means buying back loans from investors or buying back a security due to some problem with the origination of that security. What do you think? … Go ahead with your predictions and commentary…
