Tom Waite's Real Estate Blog

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Real Estate Agent - Thomas Waite Real Estate Broker
Southern California, Orange County and Los Angeles County, as well as, Riverside County and San Bernardino Countiy. APARTMENT BUILDING INVESTMENT SALES AND PURCHASE ASSISTANCE. SINGLE FAMILY HOMES, DUPLEXES AND TRIPLEXES FOR RESIDENCES.
RECENT BLOG POSTS
WHO KNOWS WHAT EVIL LURKS IN THE HEART OF THE REAL ESTATE INDUSTRY?... THE SHADOW KNOWS!! The SHADOW INVENTORYis a reference to those homes which are either owned by banks or investors and not yet on the open market for sale...or...significantly in to the foreclosure process and expected to hit t...
02/08/2011
The financial blogs and news sites are speculating that B of A might be on the hook for Half a Trillion Dollars due to the repurchase provisions in the Mortgage Pools they sold.  I could be huge...so large in fact that B of A has started cooperating is some repurchase negotiations for about 4 Bil...
02/07/2011
2.5 MILLION HOMEOWNERS HAVE LESS THAN 5% EQUITY - WHAT ABOUT 10%?? THE BANKS AND LENDERS "MUST" MAKE SHORT SALES EASIER AND FASTER TO COMPLETE!!! QUESTION:  How much equity MUST a homeowner have to sell and at least break even...no cash out of pocket?  10% right? MSNBC.com has an interesting stor...
01/27/2011
As we take a moment to reflect on the happenings in 1968 and the surrounding years, let us remember that a great many leaders did not survive to complete their work in America. Those who don't learn from history are condemned to repeat the same tragedies of history. Enjoy the day off and remember...
01/17/2011
HOW DO YOU KILL A STATE? - ANYWAY? JERRY BROWN'S "FALSE CHOICE SCENARIO"... This week, Jerry Brown, the new Governor of CA made his decision to do TWO things to cure CA's financial DEVASTATION (he started the ball rolling on all of this when he last our Governor 30 years ago).  He gave the Voters...
01/15/2011
HOW DO YOU KILL A STATE? - ANYWAY? CALIFORNIA - This just in:  Jerry Brown has discovered that the Hidden Accumulated CA Deficit is projected to be $46 Billion during fiscal 2011-2012! This does NOT count the unfunded liabilities for Pension funds and MediCal (California's special brand of Medica...
01/12/2011
HOW DO YOU KILL A STATE? - ANYWAY? It isn't really that easy!  It takes Time, Effort and Thoughtlessness.  Over-promise and Under-deliver is a major necessity. When the "boys" came home from WWII, the Country and CA was growing by leaps and bounds.  Homes, highways and neighborhoods as well as, C...
01/11/2011
HOW DO YOU KILL A STATE? - ANYWAY? You run up $25 BILLION dollars of deficits and INSURE continuing deficits of $10 BILLION dollars every year for the next 10 or more years into the future...maybe more.  That'll do it! Then, when you've run up all the financial problems THEN throw in a heaping he...
01/10/2011
In mid-2010, when California needed to construct a budgetso that IOUs wouldn't be necessary, AGAIN, as payment for everything, including State Employees and MediCal (Medicaid)...the State Representatives just pretended all was well, pretended that things were Okay...that money would be coming in....
01/09/2011
Ben Bernanke just testified before the banking committee and broke the news to everyone that the economy is still in DIRE SHAPE and not to expect job growth for the next two to three years.  He expects unemployment to be at least 8% through 2013 maybe longer. LET ME SEE...WHAT CAN PEOPLE WITH NO ...
01/07/2011
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Tom Waite

So Cal-Apartment Bldg Investments
local_phone(714) 895-2174
smartphone(714) 895-2174
Contact The Author
Southern California, Orange County and Los Angeles County, as well as, Riverside County and San Bernardino Countiy. APARTMENT BUILDING INVESTMENT SALES AND PURCHASE ASSISTANCE. SINGLE FAMILY HOMES, DUPLEXES AND TRIPLEXES FOR RESIDENCES.