Congratulations, Corporate Crime Fighters! Coup Averted for Three Days! - 09/30/08 12:05 PM
Below: is a sample of what Michael Moore wrote on his blog in regards to the Bailout/Rescue plan that congress is attempting to pass. click here to see the full article and to read more from Michael Moore.
Friends,
Everyone said the bill would pass. The masters of the universe were already making celebratory dinner reservations at Manhattan's finest restaurants. Personal shoppers in Dallas and Atlanta were dispatched to do the early Christmas gifting. Mad Men of Chicago and Miami were popping corks and toasting each other long before the morning latte run.
But what they didn't know was that hundreds of … (16 comments)
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Important Public Service Announcement - 09/29/08 10:17 AM
Help Fight Foreclosures/ShortsalesIf you know of someone who is in danger of losing their home, this article will help them, click hereNACA - Neighborhood Assistance Corporation Of America - provides the most effective solution for homeowners with an unaffordable mortgage. NACA can enforce and achieve these solutions with major lenders/servicers and is advocating against others. The procedures stated below are important to follow in order achieve such an affordable permanent solution through NACA's Home Save Program. While NACA is the best option for at-risk homeowners, you should pursue all alternatives and if possible have a Plan B. We will not be able … (2 comments)
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Good Sign: Asian Stocks Climb as Financial Bailout Package Approval Nears - 09/28/08 08:40 PM
Asian stocks climbed for the first time in a week as U.S. lawmakers agreed on a financial bailout to revive moribund credit markets. Shipping companies slumped on concern the rescue package won't arrest slowing global growth.
Macquarie Group Ltd., Australia's largest investment bank, advanced 2.9 percent on confidence a relief package will be passed later today. Investors moved into shares insulated from weakening economies with Seven & I Holdings Co., operator of Japan's largest convenience store chain, climbing 5 percent.
You have all heard about the The story of the little boy who averted a flood disaster by sticking his finger … (2 comments)
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Lawmakers Say They Have Breakthrough on Rescue Plan - 09/28/08 09:40 AM
U.S. lawmakers said they made a breakthrough in talks on a $700 billion plan to revive the credit markets and expect to announce an agreement on legislation later today.
Negotiators resolved ``our differences so we can go forward with a package to stabilize the market,'' House Speaker Nancy Pelosi told reporters when talks at the Capitol ended after midnight Washington time. Lawmakers will review a written version of the plan later today, she said. The House may vote tomorrow.
Looks like the stage has been set for tommorow to see how the stock market/ world markets react to the new plan.
Failure is not … (7 comments)
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Investors Delight - Strip View Unit For Sale At Panorama - 09/25/08 05:04 PM
Take a look at this deal!! Two units ( plans C and C1 were combined preconstruction to produce this special 3,450 sq.ft. residence ) This one-of-a kind grey shell unit #2607 located on the 26th floor in Tower 2 at Panorama Towers facing the LV Strip is now offered by the developer for $1,300,000 Call 702-217-1680 - seen by appointment only
THIS ADVERTISEMENT IS BEING PROVIDED BY A LICENSED REAL ESTATE AGENT. INCENTIVES OFFERED MAY REQUIRE BUYERS TO USE BUILDERS PREFERRED LENDER. PRICES AND INCENTIVES SUBJECT TO CHANGE WITHOUT NOTICE. PICTURES ARE ONLY SAMPLES OF THE INVENTORY AND MAY NOT REPRESENT … (1 comments)
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How to End the Credit Crisis at No Cost to Taxpayers - 09/25/08 10:13 AM
Shah Gilani has got it right....His plan calling the Money Morning Plan, because it potentially heralds a new dawn in the credit crisis, addressing the problems from the bottom up, and not from the top down. The bottom line is that his plan could end the credit crisis quickly with potentially little or no cost to taxpayers.
I am excited to hear of different plans...have you heard of any other plans that you wish to share?
… (3 comments)
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Stocks up modestly on Buffett-Goldman deal - 09/24/08 08:50 AM
Wall Streets opens modestly higher on Buffett's $5 billion investment in Goldman Sachs
Financial markets are showing some signs of stabilizing following investor Warren Buffett's $5 billion bet on Goldman Sachs Group Inc. Stocks are modestly higher in early trading, but the credit markets are still strained as they await more news about the government's plan to rescue banks from their bad debts.
Still, Buffett's move is renewing confidence that U.S. financial firms will survive the credit crisis. I am loving any positive news at this point of time. Don't you?
Other news worth checking out:
America Near Collapse...
BUSH CONSIDERS … (4 comments)
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Free Las Vegas High Rise Condo Search Tool - 09/23/08 11:40 AM
There are lots of opportunities in the Las Vegas Condo Market. Consumers need to be able to find what they are looking for with ease and in the privacy of their own home. Try this search - Las Vegas High Rise Condos
Should you need more information, feel free to call Steve Harless - Realty World - 702.217.1680
… (0 comments)
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MARKETS WERE 500 TRADES FROM A MELTDOWN - 09/21/08 09:09 AM
Wow was this close to happening? Read this story:
The article goes on to say Had the Treasury and Fed not quickly stepped into the fray that morning with a quick $105 billion injection of liquidity, the Dow could have collapsed to the 8,300-level - a 22 percent decline! - while the clang of the opening bell was still echoing around the cavernous exchange floor.
… (4 comments)
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WHAT ARE YOU DOING IN MY HOUSE??? - 09/19/08 11:39 PM
It started out as a normal, sunny great day in Las Vegas.....Sky was blue, traffic was normal, the neighborhood I was going to show looked great! This is an extremely high end area of Henderson, Nevada and the homes all showed nice here at Horizon Ridge/Eastern.
Then the REAL fun started.
First I could'nt find the right code to open the combination to the door, as the listing agent, who works with me, listed the wrong code. no problem....call him and find out what it is.....
I called the agent, he was'nt answering his phone. What next?
I then proceeded to … (9 comments)
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How To Stand Out From The Other Ads On Craig's List - 09/19/08 09:53 AM
Lets face it....everyone is advertising using craig's list - to sell toys, to cars, and especially new and resale homes.....
After awhile, all the ads look the same so you need something to break the monotony of all the ads
To get that extra exposure, try using this on your headliner ad on CL:
Hope this helps....Steve Harless - Realty World Luxury Homes
… (20 comments)
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GOOD NEWS MY FELLOW AMERICANS!!! - 09/18/08 03:42 PM
Financial Post photo illustrationThe big investment firms have fallen. Hedge funds could be next.
The federal government may create an entity that will take over banks' bad debt.
read the full story here - Click Here
The above news skyrocketed the stock market upwards of 410 points.
A report that Treasury Secretary Henry Paulson is considering the formation of an entity like the Resolution Trust Corp. that was set up during the savings and loan crisis of the late 1980s and early 1990s left investors ebullient.
… (3 comments)
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China to buy half of MORGAN STANLEY? - 09/18/08 10:06 AM
Morgan Stanley Said to Be in Talks With China's CIC
Indeed the world is getting smaller. I hope China gets it. What a hoot, Bring it on..China, Russia,India....doesnt really matter...The United States is playing a bigger part in the world economy where foreign money spends just as good as local money.
I can t wait....46 days till the election and believe me, It will be interesting to see if most Americans will vote with their pocketbook or from the political hype. What are your thoughts?
Articles I have been reading lately - check these fun & Not so fun links out
Must … (6 comments)
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Foreclosure Loophole? - 09/18/08 09:30 AM
The pooling of home loans into securities has been practiced for decades and helped propel real estate prices in recent years as investors sought the higher yields that such mortgage trusts could provide.
A federal judge in Ohio has ruled against a longstanding foreclosure practice, potentially creating an obstacle for lenders trying to reclaim properties from troubled borrowers and raising questions about the legal standing of investors in mortgage securities pools. If the bank cannot produce the actual Promissory Note, the bank has to prove they are the 'Holder-In-Due-Course'. In other words, the bank has to PROVE they own the house.
… (2 comments)
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Saturday Nite Sketch With Tina Fey As Gov. Palin - 09/16/08 12:18 PM
hope this brings a smile to your face....
Click Here
ViewLasVegasRealEstate.com -- your source for up to the moment, expert information on
foreclosures investment properties Las Vegas
new MLS property listings Las Vegas high rise condos vacation condominiums new Las Vegas home construction
My Committment To You!
Steve Harless works with a team of professionals and directly with many new home builders in Las Vegas to find you the best value.
… (40 comments)
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*********************PUBLIC SERVICE ANNOUNCEMENT***************** - 09/15/08 11:10 AM
Help Fight Foreclosures!
If you know of someone who is in danger of losing their home, this article will help them, click here
NACA - Neighborhood Assitance Corporation Of America - provides the most effective solution for homeowners with an unaffordable mortgage. NACA can enforce and achieve these solutions with major lenders/servicers and is advocating against others. The procedures stated below are important to follow in order achieve such an affordable permanent solution through NACA's Home Save Program. While NACA is the best option for at-risk homeowners, you should pursue all alternatives and if possible have a Plan B. We will not … (5 comments)
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The Mother of All Mondays - 09/14/08 10:43 PM
Investors world-wide have rarely rolled out of bed to face a Monday morning quite like the one they'll contend with this Monday
Sundays have long been host to important corporate news, from big mergers to bankruptcies. But this weekend, in an extraordinary meeting that recalled the summit called ten years ago amid the meltdown of hedge fund Long-Term Capital Management and J. Pierpont Morgan's efforts more than 100 years ago to rescue a series of ailing banks, Wall Street's most senior deal makers and regulators raced to find a deal that would keep storied Lehman Brothers Holdings from collapse. At this … (12 comments)
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Bank of America Reaches Deal for Merrill Lynch - 09/14/08 10:15 PM
Bank of America Reaches Deal for Merrill lynch,
In a rushed bid to ride out the storm sweeping American finance, 94-year-old Merrill Lynch & Co. agreed late Sunday to sell itself to Bank of America Corp. for roughly $44 billion.
Tomorrow should be an interesting day on Wall Street......watch what happens to Lehman Bros.
My prediction is they will go belly up and declare bankruptcy. No Fed Rescue.
The integration of Merrill, known for its proud, and sometimes testy, brokerage force, could turn out to be the biggest test of Mr. Lewis's career. Typically, the bank has made one big deal and … (0 comments)
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Do You Think The Las Vegas Real Estate Market Has Bottomed Out? - 09/11/08 02:28 PM
Multiple offers...offers over list price....REO Listing Agents not returning your calls on your offers. It certainly is busy lately. But the question still exists:
Do You Think The Las Vegas Real Estate Market Has Bottomed Out?
Click Here To Vote
Steve Harless is committed to providing you with any information you may need on buying or selling a home, current interest rates, neighborhood news and more. Feel free to call 702.216.1680 to discuss your buying or selling plans.
… (6 comments)
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Congress weighs reprieve for seller-funded gifts - 09/10/08 06:59 PM
A last-ditch effort to head off an Oct. 1 ban on the use of seller-funded down-payment assistance with FHA-backed loans is picking up steam as a compromise bill, that would mend rather than end the practice, gains momentum.
HR 6694, which would allow home builders to continue funneling down-payment assistance through nonprofit groups to home buyers using FHA loans, is certain to pass the House of Representatives and has the blessing of the Department of Housing and Urban Development, Rep. Barney Frank, D-Mass., said at a hearing on foreclosures this weekend.
The influential chairman of the House Financial Services Committee urged … (1 comments)
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Help Fight Foreclosures In Any State - Home Save Solutions - 09/08/08 10:13 AM
Neighborhood Assistance Corporation Of America (NACA)
This article is intended to assist people that are currently in the process of losing their homes, and can be seen here
HOME SAVE SOLUTIONSAll of the below solutions provide for an affordable mortgage payment over the long-term. In fact the Restructuring sometimes lowers the fixed interest rate to less than a NACA Refinance. As opposed to the refinance, a Restructure is available throughout the country and is not based on factors such as equity, debt ratios and credit score. NACA through its Mortgage Consultants and Home Save Department will make a determination of … (3 comments)
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Las Vegas Real Estate Agents - Promote Your Listings Here - 09/07/08 10:09 PM
Here is a great source to get great search engine exposure. click here
It is important to have a buyer's representative help you in your new home search. Steve Harless can represent your best interests while negotiating on your behalf. To get started, an in house lender is available to you so that you can obtain the lowest financing possible.
… (3 comments)
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US Government takes over mortgage giants - 09/07/08 07:36 PM
The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.
must read info for every real estate related individual - click here
U.S. Seizes Mortgage Giants
question is: when does the Government Bailouts stop?
Wish I had a chance at a government bailout for my business..... What are your thoughts?
… (13 comments)
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Las Vegas Real Estate Update - 09/06/08 05:48 PM
Applied Analysis says the number of existing homes on the market was 22,096 at the end of August.
That's 6,672 or 23 percent less when compared with August 2007. There were 7,339 homes under contract at the end of the month, the highest level in more than a year. However, 4,297 are contingent, which in many cases are short sales waiting for bank approval. Also, 3,042 sales are awaiting closure.
Has the market hit bottom in Las Vegas? Not by far, some local realtors say. However as a consumer you may want to avoid trying to time the market and … (6 comments)
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Study Says U.S. 'Housing Bubble Has Popped' - 09/06/08 10:21 AM
A report on housing prices by Global Insight says that although prices for single-family homes are still heading downwards across the country, the rate of decline has gone down and "extreme overvaluation of house prices is essentially non-existent."
This is good news...the consumer needs to know that now is the time to start buying. Between a wild stock market, and the presidential election things are going to be ok.
As In earlier blogs I have written, I predicted the oil bubble bursting would happen eventually and could have a great affect on home sales and the economy. I credit this to … (24 comments)
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U.S. Mortgage Foreclosures, Delinquencies Reach Highs - 09/05/08 11:55 AM
U.S. Mortgage Foreclosures, Delinquencies Reach Highs
This report is really happening in the US today. yea yea yea....I know what you are thinking, I've heard all this song and dance before you may say but I am still excited because people are buying and looking for deals like never before. Opportunities are still out there. It is all how you want to look at it. It's up to me to deliver what these people are looking for or they are on their way to another realtor.
People all want value these days in real estate...they want the best price, and area … (1 comments)
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You ready For The 70's Again? - 09/02/08 01:13 PM
I remember the gas rationing in the late 70's...it was horrible then, as the prices are now... but I also remember good times after that....Let's hope history repeats itself. Takeovers are starting to happen again...this one is real interesting Lehman Brothers faces Korean takeover bid
The price of Oil is falling...election is coming up...I sense a change for the housing market in the USA! Remember the seventy's? same optimistic feeling is coming back...play this music below...it will put you in the SAME positive mode I am in....hehe have a great day active rainers
… (7 comments)
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