foreclosures: Of Concern
- 09/30/08 02:11 AM
Things that are freaking me out: The Bailout Situation The Dow Plummeting The Gas Shortage and the lines and arguments that inevitably follow. Things that make me go "hmmmm": Obama, Antichrist? Gimme a break. Remember the dude who forgot his leg in a grill, had it auctioned and regained custody of it? Well, he's doing something for charity. Thanks for being a fine ambassador of the South. :( Did you know that popcorn has kernels? It might hurt your teeth. Don't sue us. Things that make me grin: Bama is now ranked #2 in the AP We have so many awesome … (0 comments)
foreclosures: Freddie and Fannie go to Washington
- 09/10/08 02:36 PM
From USA Today: WASHINGTON — Federal officials announced Sunday they will take control of beleaguered mortgage giants Fannie Mae and Freddie Mac in the government's most aggressive move yet to rescue a financial industry reeling from a year-old mortgage and credit crisis. If you want to know what they are and what they do, here's an article by USA Today that gives you questions and answers about Fannie and Freddie. Q: What do Fannie Mae and Freddie Mac do? A: They provide liquidity for home financing in two ways: They buy mortgages from banks and other loan originators for their own … (0 comments)
foreclosures: Thinking about buying a foreclosure?
- 08/14/08 06:18 PM
One of the symptoms of the mortgage crisis is that there are now a lot of foreclosed homes on the market. Banks normally don't make any repairs and will not warranty the home in any way, so the buyer needs to be aware of what they are buying before they make the offer. Know that you will probably have to replace carpeting and paint, at the very least. It is more important, however, to get a home inspector to give you a full report to let you know what other repairs are in immediate need. Is the home such a great … (1 comments)
Things that are freaking me out: The Bailout Situation The Dow Plummeting The Gas Shortage and the lines and arguments that inevitably follow. Things that make me go "hmmmm": Obama, Antichrist? Gimme a break. Remember the dude who forgot his leg in a grill, had it auctioned and regained custody of it? Well, he's doing something for charity. Thanks for being a fine ambassador of the South. :( Did you know that popcorn has kernels? It might hurt your teeth. Don't sue us. Things that make me grin: Bama is now ranked #2 in the AP We have so many awesome … (0 comments)
;)
;)
