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Hello Readers, I normally don't make my blog about me or my family, but in this case.. I just gotta share with you the joy of my daughter Melissa's wedding. Melissa married Andrew Durango... yes another Andrew! Here are a few pictures, we are still waiting for the professional photographer to fi...
Well intentioned folks seem to approach me with a "feel bad" for me for being in real estate. In response to well intentioned comments like " Oh.. I feel bad for you.. doing real estate sales in this market and all." This happens quite frequently. My response and overall attitude about the marke...
Have you ever thought of buying an investment property such as a mulit-family, commercial property or single family home. It has been proven that Real Estate over time has been one of the highest yield investments. When you own a multi-family, you can write off all of your expenses such as home m...
First Time Home Buyers can still take advantage of the Ameri-dream program until October 1,2008. This program is a true NO MONEY DOWN program. How it works: The seller will give up to 6% for your downpayment which is included in the purchase of the property. You can still ask for closing costs up...
There is a housing bill in congress being considers and expected to pass within the next few days. As part of this bill anybody who is buying a home for the first time.. retro-active from April 9,2008-July 2009. The credit has to be repaid over 15 years interest free, so this credit appears to b...
Is everybody tired of hearing about the real estate market doom and gloom reports?. I feel it is necessary to inform the public and consumers of the realties we face in the market. However, I also feel that all this bad news can "grind" our spirit down. I was pondering this blog today, that I'm...
Did you see this???????????????? excerpt from CNBC.. Jim: I thought you were of the opinion that banks could not bottom before housing bottomed. What changed? -Dana in Florida Cramer says: "We saw quarters from Wells Fargo from US Bancorp. We saw a quarter from JPMorgan. We saw a quarter from B...
Today: woman in the area of which I work took her life about 2 hours prior to the home auction. I am deeply saddened. Blog is short, I don't want AR points- go to boston.com then pray for them and others in foreclosure
This is a question I am asked almost daily. The only way we can tell where the market is headed is by looking at statistics and market data. The market data analysis, and the experts indicates that there will be more foreclosures, short sales, and declining prices too. Lenders are also tightheni...
What is a short sale? A short sale is placed on the market subject to the seller selling the house "short". In other words, the seller owes more on the mortgage for the house than the value of the property. Some of the sellers lenders will consider this method of selling, some will not. The sell...