Arnold Schwarzenegger fired 20,000 employees and reduced the wages of 200,000 state employees to minimum wage. Cities and states are doing all they can to save money and make more money. I was angry with our Monroe County Commissioners when they announced last week that they want to raise our t
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08/06/2008
Could we fix the sub-prime mess by letting homeowners roll their 7 percent sub-prime 30 year mortgage into a 50 year 4 percent mortgage? What about just letting them keep the 30 year mortgage and reducing the rate to 4%? A pretty normal short sale in Key West Florida is a mortgage on $500,000 a
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08/06/2008
Could we fix the sub-prime mess by letting homeowners roll their 7 percent sub-prime 30 year mortgage into a 50 year 4 percent mortgage? A pretty normal short sale in Key West Florida is a mortgage on $500,000 at 7 percent. This payment is $3,326.51 before taxes and insurance. In Monroe you ca
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08/01/2008
The car, truck and SUV deals are fantastic! Hummer's sales are down 61%. All of the car manufacturer's sales are slowing even if their name is Toyota or Honda. You can buy an SUV for $15,000 off sticker price all over the country. I've been told the trick is to go on the last day of the month
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08/01/2008
Walmart told their employees to vote Republican today. Not straight out, but they warned their employees of the dangers of voting for a Democrat. The big deal is that Walmart is worried that a Democratic President will make it easier for unions to organize and unionization at Walmart would driv
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08/01/2008
Hi Friends,I just went to an excellent work shop with a real estate attorney who is on the Florida FAR BAR committee. He reminded us about the changes this year. He gave us some great insight that I'll share with you! Keep in mind that I'm NOT an attorney and I must recommend that you consult a
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08/01/2008
Real Estate professionals assume everyone knows what a Short Sale is. I had a showing yesterday with a buyer, accompanied by a buyer's agent, who asked me, "What is a Short Sale?" This was a good reminder for me that we have our own jargon and it's important to get back to the basics when we ar
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08/01/2008
