by Erika Luitjens | Jul 15, 2016 | CIG Quarterly Newsletter, Fund News
In addition to the REO purchases from auction companies, Stonecrest’s Capital Income and Growth Fund has been purchasing and marketing tax defaulted properties throughout California. We were able to have a list created for us that designates how delinquent a...
by Erika Luitjens | May 1, 2016 | CIG Quarterly Newsletter, Fund News
The number of REO assets that are available for auction has remained steady, with Freddie Mac still being the largest seller. We continue to hear from our auction company contacts that Fannie Mae is going to start selling occupied properties in volume. At this point,...
by Erika Luitjens | Jan 31, 2016 | CIG Quarterly Newsletter, Fund News
Due to the late onset of winter in the East, Stonecrest’s Capital Income & Growth fund was able to sell fifty-two properties through our retail division and thirty modified notes through our note division. In late February, we will be attending the Mortgage...
by Erika Luitjens | Nov 3, 2015 | CIG Quarterly Newsletter, Fund News
The Capital Income and Growth Fund had a busy third quarter, selling 49 properties, 12 notes, and modifying 8 delinquent loans. We are still seeing plenty of opportunities for investing in discounted real estate and mortgages. In fact, the number of assets for sale...
by Erika Luitjens | Jul 5, 2015 | CIG Quarterly Newsletter, Fund News
The national real estate market continues to improve and the demand for housing is increasing. Stonecrest’s Capital Income & Growth Fund had a solid second quarter with the retail team selling seventy-seven properties and the loan team selling nineteen modified...
by Erika Luitjens | May 1, 2015 | CIG Quarterly Newsletter, Fund News
Considering the harsh winter that we had in the mid west and eastern parts of the country, our sales of houses did well. We sold forty-nine properties over the quarter. Now that spring has arrived, the market is thawing. We are extremely busy with sales activity...
