Well, it IS Friday, what do you expect? Plus, I feel it's my duty to warn unsuspecting citizens of how incredibly wild and dangerous Old Town Pasadena can be. This bunny sighting happened right in front of Cafe Bizou at the corner of Holly and Raymond. Amidst honking and hooting, this brood of bu
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06/27/2008
Oh I hope, I hope, I hope . . . I really want that $100 gift certificate from to Vertical, my favorite upscale wine bar in Old Town Pasadena. (You don't think I talk about wine too much, do you?). Well, even if I don't win Irina's contest, it was fun to think up silly names for stale listings . .
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06/26/2008
What if we could get around the troublesome mortgage industry and put real estate deals together without bank participation? Seller Financing, OWC (owner will carry), can be the vehicle. This estate has been seasoned with many warm and happy memories . . . perhaps its best and most auspicious fea
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06/23/2008
Below you'll find a few snippets of just-released, juicy information that sound fairly bearish, but there is opportunity everywhere. Sellers and buyers can adapt to the current climate and still get the benefits of buying and selling property. Seller financing (carrying paper, seller carry back)
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06/17/2008
These are really exciting times in real estate, especially if you're an investor. I learned so much and was very inspired by the things I heard at the kick off meeting of a brand new RE Club: Naked Real Estate Investors Club. Rosie Nieto is launching a whole new way to run a club. In her own word
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06/16/2008
I know wine goes well with a lot of things like cheese, crackers, fruit, dark chocolate, love . . . it's just that I didn't know it went well with a nice chat about seller financing. And actually, the more wine you drink, the better the conversation gets and the more brilliant you feel . . . that
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06/13/2008
You should practice safe recourse, or at least be aware of the risks if you don't. When I buy a note, I need to have the note properly endorsed to me, very much like a check is endorsed from one person to another: "For value received, pay to the order of Little Johnny Cakes," signed and dated by
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06/12/2008
"Conspiracy" is a good word to use if you want to get some attention . . . did it get you to read this post? If what's going on with all the foreclosures, failed short sales and mismanaged REO's isn't a conspiracy, well then . . . Well, I guess I really hope it IS a big conspiracy because I don't
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06/11/2008
Can the housing market go down another 10% or 20%? "Sure," grumbled Robert Toll, CEO of Toll Bros. The head of the nation’s biggest homebuilder had reason to be grumpy . . . Toll Bros. just reported its third straight losing quarter. Revenue has fallen 30% from this time last year. Toll went on t
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06/07/2008
I guess you can always say the dog ate it, or a tornado snatched it into the sky when you were in Nebraska visiting Aunt Dorothy and Uncle Toto, but the truth is, you may not be able to sell your note if you can't produce the original. The original note is the "green stuff," it's the currency,
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06/05/2008
