ARCHIVED BLOG POSTS
Last week, I received an offer with an escalator clause. I haven't had many of those lately; this one was curious in a couple of ways. First of all, the difference between the offer and the escalation price was 13%. Usually, even if you are a bargain hunter, you can fine tune that spread a little...
Two events in the past week led me to this blog. One was a Facebook friend posting that the listing agent had barred him from entering the house, but would allow the buyers in without him. He received lots of commiseration; but as far as I could tell, I was the only one who asked: ...
The Wall Street Journal for 6/7/11 contains a fascinating article about second mortgages putting homeowners under water. You can read the article here: http://tinyurl.com/secondunderwater. Robbie Whelan does a nice job of identifying second mortgages as a huge part of the on goin...