RECENT BLOG POSTS
The latest news from Las Vegas.Looks like this will be the newest trendBusloads of home buyers are hopping aboard the foreclosure bandwagon in search of bargains, and real estate agents and brokers are supplying the wheels and deals in markets across the country. Last month, they began offering f...
TEMPORARTY INCREASE ON LOAN LIMITS The Economic Stimulus Act of 2008, signed into law on February 13, 2008, establishes temporary increases to Fannie Mae’s conventional loan limits for first lien mortgage loans in high-cost areas, as defined by the U.S. Department of Housing and Urban Development...
TAX BREAK ON SHORT SALEPresident Bush signed into law a new measure giving tax breaks to homeowners who have mortgage debt forgiven. Under preexisting law, the debt forgiven by a lender, such as for short sales and refinances, was generally taxable to the borrower as debt discharge income. With ...
o They’re big. Gen Y ranges from 72-78 million nationwide and 2 billion worldwide. o The Web is their playground. They track down their friends on MySpace, they download their songs from iTunes, and they send e-mails from their phones while waiting on line at Starbucks. And, yo...
WHAT IS A SHORT SALE?For all the homeowners who are upside down and can no longer make their mortgage payment (because of either a job loss, divorce, or an option ARM that’s resetting higher), up to now the only option was, well, letting the bank foreclose. That’s not a good option since a forecl...
Ignore the Headlines!!! Thats no easy thing he says. How can you filter out the medias stuff about the economy, real estate, oil, Iran and now Spitzer. That media hype according to Lynch makes us stay put and not make any purchase. "But," he says, "What are you waiting for."This is a time when yo...
Famed Money Manager Peter Finch is perhaps best known for his timeles wisdom that you can beat the pros by focusing on stocks of companies whree you either work or shop or have some other edge. but a more relevant Lynchismtoday is this gem: Ignore the headlines.
Ignore the headlines, except this one. Sure, housing's in a hole. But there's apotent case for buying now, whether itr's real estate or stocks. Stay tuned for more from famed money manager Peter Finch, Right on Your Money
With the change from a truck farm to incorporating enterainment in farming the character of Southold changed. The preservation of land for farming was increased since the farmers were still able to be profitable (the Farm Stand). Now all real estate became valuable and the demand and price escala...
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