Loan-aid lawyer surrenders license after sex with minor

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James Parsa of Costa Mesa-based the Parsa Law Group gave up his right to practice law in California amid a probe into a prior conviction for having sex with a minor, the California State Bar said last week. Parsa, whose firm promised to help homeowners avoid foreclosure, was facing a suspension by the Bar. It recently became aware that Parsa pleaded guilty in 2001 to a misdemeanor charge of sex with a child under 18. The former attorney was not immediately reachable for comment. He resig

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Distressed Las Vegas NV Sellers

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It has been estimated that more than half of the mortgages in Las Vegas are upside down. If you are thinking of selling, in many cases, foreclosure is not the only choice, or necessarily the best choice. A free, no obligation call or meeting with Sean Gunning at 702-498-1171 (or contact us via our Las Vegas Nevada real estate site) can answer a lot of questions that you might have about the short sale process. This is what I can offer to you, the seller: 1. Consultation: Come to our office

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Guide To Being A Bulk REO Investor

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The recession in the U.S. economy has resulted in more foreclosures than experienced by any other generation of Americans. Yet well-funded investors in real estate are seizing upon this opening to profit from an profoundly profitable new opportunity. That opportunity is called Bulk REO Investing, and the opportunity is huge. Let’s take a moment to analyze the basics of this incredibly lucrative business. Understanding the notion of Bulk REO’s requires understanding of the foreclosure p

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$15,000 Home Buyers Credit Costs $292,000/home

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I have long argued that home prices are elevated, and until they normalize, the economy will be stuck in the doldrums. I even wrote a chapter of Bailout Nation , titled “The Virtue of Foreclosure.” I make a basic economic argument that the excess credit of the 2001-07 era is unwinding, and foreclosures are part of that process. The simple premise is that the abdication of lending standards by both bank and nonbank lenders created an enormous credit bubble. Easy money drove home prices to u

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Get Useful Information about Loan Modification

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Loan modification is a highly beneficiary program which is aimed at helping people who are in serious dreadful financial troubles. It is interesting to know that Obama’s stimulus plan is counted on two categories of homeoners. It is a great chance to change the terms of the loan for those who are under the threat of foreclosure. There is no need in foreclosure anymore due to the fact that loan modification can improve the situation dramatically. All you have to do is just to try it. Also there a

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Fundamentals Of Bulk REO Investments

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The weakness of the U.S. economy has given rise to the largest epidemic of foreclosures in American history. But smart real estate investors are turning these ‘lemons’ into ‘lemonade’ in an incredibly profitable new way. The new opportunity is known as ‘ Bulk REO Investing’ or ‘REO Package Investing’ and it’s a huge opportunity. Take a just a minute to consider the basics of this highly profitable business. To understand investing in Bulk REO, you have to understand the foreclosure proc

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How To Get Started With Bulk REO Investments

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Random Feed wrote an interesting post today on
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There are more foreclosures in the United States right now than we have ever experienced before. However, opportunistic real estate investment professionals are turning the recession into great profits with a bit of creativity. That opportunity is called Bulk REO Investing, and the opportunity is huge. Let’s take a moment to analyze the basics of this incredibly lucrative business. To understand Bulk REO investing is to understand the foreclosure process. As a borrower becomes increa

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