When a friend or a family member asks you for money you can be faced with a delicate situation. Thinking it is your duty to help that person, sometimes you end up hurting yourself. Try, when you cant resist a close person, to analyze first all the data of the problem. 1. Analyze with you heart and mind Look at the situation with the objectivity of a bank, combined with the sympathy you feel for a friend. If your heart and head agree you probably are not making a mistake helping him. If one of them tells you No! there is probably something wrong. 2. Consult with someone else If a friend asks you for money, ask a third person and rely on his or hers objectivity, a person that can be another friend or a family member with a trusted intelligence. 3. Dont be afraid to say no Never hesitate to refuse someone if the situation involves too many risks. Search for other helping options for that person. Conduct the conversation in such a manner that your friend will understand you are refusing the request not the person that made it. 4. Lending equals giving a gift? You can suggest to that person that, if his of hers financial situation improves in the future, you will be glad to get a present that would equal the money you lent to them. 5. For your safety, sign a contract. When you are about to give away significant amounts of money, sign, each of you, a contract that settles the conditions and the return date of the money, and also their total amount.

Memphis is one of the top 10 major cites with the highest foreclosure rates for the second quarter in a row, according to recent data from RealtyTrac.
Source: www.bizjournals.com

Increasing number of local properties appearing at sales 
MUNCIE — About 20 people packed into the small outer lobby of the Delaware County sheriff’s office last Wednesday morning. They were polite but intent on the addresses being read by a sheriff’s employee.
Source: www.thestarpress.com

Bob Bruss: What to ask about fixer-uppers 
If you are a typical house or condo buyer, you probably want to purchase a new or resale residence in near-perfect, “model home,” move-in condition. That’s fine. But expect to pay full retail market value. If you want to profit from your home purchase, buy a house or condo needing profitable improvements. Extreme cases are called “fixer-uppers.” To be polite, some listing agents call them tired
Source: www.startribune.com

North County Times - Spend all your money, morgage your houses,sell your cars and live in a card board box? Remember “Good doses triumphs over evil!” I think except,save your money for your children, and keep your reputations. Karma always comes back.Why make your foreclosure list

Palm Beach Interactive - This show gave some of the most dangerous advice I have EVER heard from a morgage broker. Some of the snippits: Do not get a fixed rate morgage, its very unlikely rates will continue to climb NEVER pay off your morgage, use that money to foreclosure list

Palm Beach Interactive - This is caused by 2 factors; greed (I am going to flip it and I just want to keep payments down) and skyrocketing prices (the only way people can afford to own is with an exotic morgage). I have money in the bank, and do have a household income in foreclosure list

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Sister Frawley regains control of St. Clare’s (Home equity loan)

Shares in Banca Intesa SPA and Sanpaolo IMI SPA fell Monday following the weekend announcement that Italy’s No. 2 and No. 3 banks will merge, a move expected to usher in an era of consolidation of Italy’s banking sector.
Source: news.yahoo.com

Fund stakes out middle ground 
Mezzanine debt bridges the divide between loans and venture capital. When Bob D’Acquisto in 2005 opened the California office of Snowbird Capital, an entrepreneur-financing fund with headquarters in Reston, Va., he naturally headed for gold country: Silicon Valley.
Source: www.ocregister.com

CONGRATULATIONS 
Scott Dillashaw has joined First Bank as branch president of the McKinney office. He will handle commercial loans and deposits. Mr. Dillashaw has 12 years of experience in banking and more than six years in the McKinney/northern Collin County market.
Source: www.dallasnews.com

Denver Post - Toll said she learned a lot about real estate during the investigation and is ready to help tackle the state’s “abysmal” record in foreclosures and mortgage fraud. Colorado has ranked first nationally for its foreclosure rate the past five months

Keep Your Home and Your Sanity
Kait 8 - Summer may be the classic time to buy, sell, and move home residences. This year, with mortgage interest rates ticking upward, fuel costs on an upswing and consumer debt still raging, many U.S. homeowners risk foreclosure on their homes - but they

East Bay foreclosures on the rise
Times-Leader - They have clients sign bankruptcy papers and claim to be working on their behalf, including paying their mortgage. Clients don’t question their claims because the foreclosure is stopped due to the bankruptcy filing. Instead the crooks are just

St. Clair Lofts are going into receivership
Dayton Daily News - Clair Lofts, the 108-unit loft apartments that were the subject of a foreclosure action filed in Montgomery County Common Fuchsman said the apartment owners, St. Clair Arms LLC of Las Vegas, have fallen $100,000 to $300,000 behind in mortgage

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Colorado Division of Real Estate gets a seasoned overseer (Home equity loan)

RealtyTrac , the leading online marketplace for foreclosure properties, today released its Q2 2006 U.S. Metropolitan Foreclosure Market Report, which shows Indianapolis, Atlanta and Dallas posted the nation’s three highest metropolitan foreclosure rates in the second quarter of 2006, duplicating the top three metro foreclosure rates from the previous quarter.
Source: biz.yahoo.com

||McKinney Courier-Gazette|005|75070|TO BE PUBLISHED IN THE COURIER-GAZETTE, TUESDAY, JULY 25, 2006. 
AN ORDINANCE AMENDING ZONING ORDINANCE NO. 1270 OF THE CITY OF MCKINNEY, TEXAS; SO THAT AN APPROXIMATELY 3.95 ACRE TRACT LOCATED ON THE EAST SIDE OF PROVINE ROAD APPROXIMATELY 200 FEET EAST OF KENSINGTON LANE AND 175 FEET SOUTH OF HIGHVIEW COURT, IS REZONED FROM AG - AGRICULTURAL DISTRICT TO RS 120 - SINGLE-FAMILY RESIDENCE DISTRICT; PROVIDING REGULATIONS; PROVIDING FOR SEVERABILITY;
Source: www.courier-gazette.com

tech.velozie.com Coming Soon! 
The Nations Largest Online Buyers Agent. Get up to 2.25% Cash Back. Find A Complete List Of Local Homes For Sale! Free. Search 1000s Of Foreclosure Listings Throughout The Country.
Source: tech.velozie.com

Mortgages cheap interest rates, and financing.