Unfortunately the short sale is more common place than it should be. I was researching some other topic and I came across this video by Annie Fitzsimmons posted on the "Washington Realtor" website and it is a three part series. For the seller I recommend part one and for the potential buyer I rec
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10/17/2009
We have seen folks in my profession come and go due to market conditions and even though 99 banks have failed since Wall Street handed to us this financial calamity, it does not match the 500 or so banks that failed back in 1989 (Savings & Loan) however today the situation is worse now than it wa
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10/17/2009
Sixty million dollar Obama program says "we know best" and wants to review your loan docs....I KNOW how cool is that? (he says in a tone of resentment) They (the government) think they are better equipped to tell you how to manage your money! Well bust my buttons - 24 national and regional organi
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10/15/2009
Historically it is the lobbyist that writes the bills and our representation puts a bow on it and calls it representing "their constituency". Whats transparent are the lobbyists stomping around trying to get 'their say' in writing to water what they can down be it Health Care, Wall Street regula
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10/14/2009
The credit score system has not only cannibalized the lending world creating false barriers preventing the deserving applicant experiencing life on life terms from getting a decent interest rate it has now given cover to lenders to create more barriers for the non-score applicant. Traditionally
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10/13/2009
The forecast tonight is more ignorance (just like rain) falling upon us from DC. The long-term forecast - the real estate market will continue to take a beating because congress just doesn't get it. I'm back and here to rant. The newest self-proclaimed hero coming to the rescue on behalf of the
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10/06/2009
In keeping with its inept tradition to include wasting tax payer money, eliminating programs like the down payment assistance program (a cost neutral program that would help stimulate home sales and toward creating a floor in pricing) HUD has its latest attempt to better inform the consumer by re
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10/02/2009
The staggering ignorance exhibited by the folks that are intimately involved with the outcome of this financial calamity was further demonstrated by Barney Frank (D) MA.I am not a mortgage broker (I am a mortgage banker) and the statement Mr. Frank made is outrageous and baffling considering we h
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09/24/2009
For the past eighteen months my blogs will touch on this very topic. Dylan Ratigan - his program "Morning Meeting" on MSNBC had guests on today specifically addressing the bricks preventing us from real recovery. I recommend you click below and read what is really going on. He knows the issue and
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09/14/2009
The tiring argument between the ideological forces continues. One side says no more taxes, cut taxes, reduce spending the latter of course never happens. The other side says taxes should be the solution to pay toward services for the have-nots and of course those folks never met a tax they didn't
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09/12/2009
