Support Our Troops on Veteran's Day AND throughout the Year - 11/11/09 01:32 AM
From Jim and Maria Hart in beautiful Charleston, South Carolina.
This is the time of year that is really tough when you are in the Military and a couple of thousand miles away from friends and family. This Veteran's day... honor those that have served and keep the ones that are currently serving in your minds with some of these REALLY SIMPLE things you can do to help support the troops.
Via Jim & Maria Hart ~ Charleston, SC Real Estate (AgentOwned Realty):
Veteran's Day is a day to loudly and proudly honor all of those who have bravely served our great country. 
(6 comments)

History Of Veterans Day - November 11th - 11/09/09 11:29 AM

Via Gary Swanson (Broker, Realtor - Re/Max Ideal Brokers, Inc.):
History Of Veterans Day - November 11th
So have you wondered why Veterans day is always on November 11th with no accounting for what day of the week it falls on?  Why not on Monday like most other holidays?
Here is a short History Of Veterans Day.  Go back to 1918 when an armistice or cessation of fighting went into effect during World War I.  The armistice began at 11:00 in the morning on November 11th, and I remember as a kid hearing the eleventh hour of the eleventh day of the … (3 comments)

Loan Servicers can make more money on a foreclosure than approving a short sale!? - 11/08/09 11:51 PM
 
Servicers Can Make More Money Foreclosing then Short Selling a Property
A great post by Pacita Dimacali with a collection of very valuable links for consumers (and real estate agents not familiar with the ins and outs of a short sale) to read over that will help explain some issues going on with Short Sales. I've provided a little more explanation into the difference between a "servicer" and the actual investor that owns the loan as an opening paragraph.
From Pacita's Post Below....
Pay Close Attention to:
CONSUMERLAW.ORG REPORt ON "Why Servicers Foreclose when They Should Modify And Other Puzzles … (4 comments)

Goldman Sachs Exposed on Secretly betting there would be a Real Estate Crash? - 11/02/09 03:34 AM
From Reuters reporting on a Wall St. Journal article
"Goldman Sachs is in talks to buy millions of dollars of tax credits from government-controlled mortgage giant Fannie Mae, but the deal is running into opposition from the U.S. Treasury, The Wall Street Journal reported Monday."
"Tax credits are incentives designed to bring more investment to low-income housing developments."
Ironically... Part 1 of a fascinating story is just now breaking about an extensive investigation into Goldman Sachs secretly betting against the housing market While it was Peddling Billions in Mortgage Securities.
"In 2006 and 2007, Goldman Sachs Group peddled more than $40 … (26 comments)

 
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Las Vegas Real Estate - Summerlin Homes Paul Francis - 702.592.3058

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Prudential Americana Group - REALTORS

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