real estate mortgages: All This Cash, Soon The Money Will Flow. - 11/16/10 11:49 PM
With hugh amounts of money in the system, when are they going to give it away again? I got a call last week about 10% down commercial money. I don't know what the programs will be yet, but it is going to happen. There will be a little here a little there, but the gates are going to open. The Fed is trying to set it up now. It only a matter of time. Rising prices are the only way out. There will be some kind of credit amnesty to forgive the short sales and foreclosed people. It just a matter of time. … (9 comments)
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real estate mortgages: Best news for Real Estate in Months! - 10/17/08 09:15 AM
The past few days Short term Treasury Bills and LIBOR, both over night and longer have eased. The Treasury Bills are going up in yield, meaning the flight to qualityis backing off. The LIBOR interbank rate has been back off. This means banks are starting to lend to each other. This is what we need to get loans out to people needing credit. It will help to ease up mortgage loans for qualified buyers. There has also been some execution of mergers and acquisitions, many groups and companies are able to raise money through debt.
Confidence has to come back and is indicated … (7 comments)
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real estate mortgages: Banks and more Banks, what were they thinking? - 10/15/08 09:47 AM
Largest Banking Branch opening boom I ever seen leads to bust! Over the past few years, all around Northern New Jersey we have seen banks being built. I suppose it is the same else where. So many Banks, it leads you to believe, how we lived without them. Population has not gone up much to create a greater demand, so there must be another reason. I have said over and over, every time something booms so much it leads to a bust. Then the financial crisis came. Were all these banks being built, showing the disease that the banks have?
… (1 comments)
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real estate mortgages: Worry, Fear, Complacency, Disbelief, Anger, Crashing Markets, this has all happened before! - 09/29/08 08:46 PM
Those of you that read my blogs probably have notice I am very direct and forceful in my thoughts and advise. I don't mean to be like this, but I write about what I am very confident in my expertise. I would not write about medicine, steel making, dog walking or anything I haven't devoted much thought and study.
So when I write about Real Estate if you looked at my profile you see why I am direct in my approach. You also will notice in my blogs I have studied markets, trading and the psychology of both for well over … (9 comments)
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real estate mortgages: Do you believe this? AIG ad 9/2005 the Kiss of death! - 09/28/08 08:16 PM
National Geographic magazine September, 2005 special issue, rear cover ad by AIG. My wife came across this magazine.
The ad depicts a small girl very dressed up with a crown barrett, I guess indicating some very loving child that needs protection for her financial futures. Someone that is very loved and cared for. Every ones little Princess.
It states:
THE FINANCIAL ORGANIZATION
TO CHOOSE FOR YOUR
GREAT-
GREAT-
GREAT-
GREAT-
GREAT-
GRANDCHILD.
They made it 3 years, almost. They anticipated 200 hundred years. What a mis-calculation. I think they should of consulted their … (8 comments)
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real estate mortgages: FBI on Wall Street! Where have they been? - 09/23/08 10:43 PM
The FBI is now investigating the major Wall Street firms, to see if fraud was involved in the handling of their businesses in mortgage back securities, real estate and related matters. This is what we all knew was coming. I hope that the powers to be in the federal government can solve the mess we are in to get back our markets. Restitution, if and when wrong doing is found should accompany the prosecution of wrong doers.
Congress needs to stay the course and get this bailout over. It is being said by many that if they prop up this market … (2 comments)
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