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Daily TBWS Morning Report

By
Real Estate Agent with Century 21 Birchwood Realty, Inc.

Good Morning...Here is today's market update from the Think Big Work Small Guys.   This morning the boys talk about the possible come back of procecution of subprime lenders such as Morgage Lenders Network USA and American Home Lenders; these lenders have been paying a document storage company $16,000 a month to store 18,000 boxes of documents, which they now want to destroy without storing on a hard drive - The speculation is up to interpretation. Chase has overcharged some military families by not lowering their mortgage rate, which is the law.  Bank Of America cutting back, by 6 days, the grace period to make your payment in order to get more late fees.  And the boys are very big today on stressing "Buying a home is cheaper than Renting one". 

Video:  Think Big Work Small

Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.

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For more information on sub-tropical Cape Coral and the Lee County area
                                  Contact

                                                                           Lois Davme with glassesies,ABR

        www.capecoralhomes.pro
            Cell: 239-357-5558                                                             
            Efax: 239-244-8975
    

     Century 21 Birchwood Reatly, Inc.
4040 Del Prado Blvd., Cape Coral, Fl.  33904
                      

 

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Comments (1)

Kathy Denworth
BHHS Keys Real Estate - Islamorada, FL
Realtor in the Florida Keys, Islamorada, Key Largo

I can't wait until the unscrupulous lenders get their come-uppance! I can't believe we the taxpayers are getting dumped on by having to bail these banks out. It is simply not right!

Jan 24, 2011 11:07 PM