Truth, Excellence and a Good Deal

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Real Estate Agent - Atlanta Communities Real Estate Brokerage - GREC #208281
My honest opinion on things that I find interesting about the real estate industry. I'm here to help you save money and avoid making mistakes.

ARCHIVED BLOG POSTS

2009 

What if the "stimulus" package is exactly opposite of what is needed?  I ask myself: if all we need to do is spend our way out of this recession, why are we still bogged down?  It's not like Americans haven't been spending just about everything that they earn.  We've tapped our credit card lines...
02/26/2009
I listened to President Obama yesterday and I heard him say that credit was the life blood of the economy.  All we needed  was  to have banks start lending out money so people can start buying things again.  It sounds like such an easy fix. The one thing that he didn't explain was where the credi...
02/25/2009
What if last September the Chinese threatened economic warfare with the US?  What if the Chinese threatened to stop buying our Treasury Bonds if we didn't bailout all of the toxic assets that they got stuck holding? Could this be the reason for the emergency meeting in September that Paulson and ...
02/24/2009
Many say that we need to bailout "all" struggling homeowners or else "Innocent Bystanders" who did the right thing will get clobbered due to foreclosures bringing down the value of everyone's homes. This has been a troubling conundrum for me and I think I have a good compromise. We need to start ...
02/20/2009
Rick Santelli on CNBC this morning went off on a rant about the new foreclosure plan put out yesterday by President Obama. Wow!! He was on a roll.  He reports from the floor of the Chicago Exchange right there amongst the traders.  It sounded like many on the floor agreed with what he said. This ...
02/19/2009
I received a call from a guy in Connecticut.  He wanted to move down to Atlanta and buy a home for $150,000 in cash. He has a home in Connecticut that he bought a few years ago for $500,000 that is now only worth $350,000.  He figures that it's just not worth continuing to make payments on a home...
02/17/2009
Karl Denninger at The Market Ticker explains the reason we have illiquid assets. Even a caveman can understand it. Very simply, illiquid assets are created when a buyer and seller can't come to an agreement on price.  The gap between the bid and ask price is just too large. What's creating this g...
02/16/2009
I always look for opportunities for teachable moments that I can share with my kids.  This is one of them.  Promises made during campaigns usually don't pan out as anticipated. I'll let the words speak for themselves.  "When there's a tax bill being debated in Congress, you will know the names of...
02/15/2009
Lately, it seems that  the consensus opinion is that buyers should be encouraged to put 20% down.  I disagree.  With uncertain times, I think it would be prudent to keep as much of your cash in liquid form as possible.  Brian Brady's featured post today touched on this topic and I wanted to share...
02/14/2009
Here's an update from Ron Paul on the Stimulus Bill.  No one had access to the final bill until midnight last night.  No one really had time to read it.  Many items were leaked to the press ahead of time by various staffers so it ended up that some of the media people knew about key provisions be...
02/13/2009
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Tim Maitski

Truth, Excellence and a Good Deal
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