congress: Barney Frank and the Feds are at it again - this time about Condos
- 06/25/09 01:00 PM
If you have read my blog before, you know that most of my posts are about the legal side of our business and my work as an expert witness in real estate litigation. This one is not. You would think that the music would be loud enough for congress to hear now that billions have been lost by hard working folks when the banks crashed and burned over the mortgage scandals. You remember - making loans to be people who couldn't qualify. And, accepting "no doc" loans with little or no downpayment. And, the banks flinched under congressional pressure and agreed … (1 comments)
congress: Agent's time to scream!! Buyers need to stop diddling around
- 11/14/08 09:55 AM
If you don't know already, the conforming loan limit is being set back to the previous level of $625,000 from the current $729,750 amount for any property that doesn't close by December 31st, 2008. Are you aware of the major impact of this? If you have a buyer in this range who is diddling around need to get into contract quickly since we are coming on end of the year quickly.
In many markets, this is big time house but in many urban areas, including most of california, this is entry level house in many areas. So, this will impact … (2 comments)
congress: What's really behind the financial crisis
- 10/03/08 11:38 AM
Unless you went to sleep a couple of weeks ago, it must be quite clear that this fiancial crisis didn't just happen And, all the finger pointing at Wall Street (and I think they are mostly weasels) was a diversion away from the real culprits. The congress put incredible pressure on Fannie Mae and FreddieMac to lower the standards to allow more lower income and minority people to buy houses. Yes, that means people who could not afford them. Then, add on top of that the lack of supervision by the Departments of Real estate and Lender oversight regulators at state … (4 comments)
congress: A Rant about the cause of this financial crisis from a real estate agent
- 09/26/08 10:51 AM
The following is an email that I received from my friend Carl Zanger. He is very upset but thought you might like to hear another side of the story that you are not going to hear in the traditional media. (forgive his language but it seems appropriate)
This is my opinion and mine only...if you're not interested, please delete now. I'm pissed and that hardly begins to explain the outrage and betrayal I feel by our government. As of today, every man woman and child, in this country, is about $2300 in additional debt to the current scandal going on … (2 comments)
Guy Berry is a frequent expert witness in real estate litigation and an accomplished trainer in real estate law and contracts. In addition he has been licensed for 30 years as an agent and managed large offices, including Coldwell Banker and Century 21.
If you have read my blog before, you know that most of my posts are about the legal side of our business and my work as an expert witness in real estate litigation. This one is not.
;)
;)
