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distressed properties: Soapbox ❐ All That Bailout Money - 05/04/11 09:39 PM
Soapbox: "A thing that provides an opportunity for someone to air their views publicly." I read an article earlier today that made me gasp (which in the new vernacular means that it was compelling enough for me to hit the "share" button and comment). The US Government has filed a lawsuit against Deutsche Bank. That's the good news. The bad news is that it involves $1.274 BILLION that HUD - that's us - has paid, or in the process of paying, this ONE bank, for bad loan insurance claims. The heartbreaker is that this is really about bailing out a bank, … (8 comments)

distressed properties: Paying for the Homebuyer Tax Credits - The Cost Runs Deep - 12/31/10 03:11 PM
In November of 2009, I wrote a blog post entitled Was the Tax Credit Extension a Good Idea? Here is an excerpt: In my opinion, tax credits have become subsidies distorting the real estate market. I believe that any further extension or expansion of this program, with the exception of those benefits due our military, will be counterproductive. I say it's time to help homeowners. Figure out how to give them $8,000 so that they don't have to sell as a short sale. There are a lot of well loved homes in excellent condition that would make ideal homes for new … (4 comments)

 
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Kim Novak, REALTOR®

Layton, UT

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RE/MAX Masters

Address: 3636 N 2900 E, Layton, UT, 84040

Office Phone: (800) 977-7835

Cell Phone: (801) 726-1443

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