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Update: This article was written several days ago and Congress has since passed the now $850B Bail-Out Bill.
So which is it? Last evening, 10/1/08, the US Senate voted to approve a new version of the $700B Bail-Out bill for Wall Street. I’m not impressed. Yes, they would like you to think that this bail-out [...]
October 4, 2008 | Leave a Comment
Interest Rates for Residential Loans from 1976 - 2008
Year Rate Year Rate
1976-77 8.50% 1994-95 8.34%
1978-79 9.00% 1996-97 8.50%
1980-81 12.25% 1998-99 7.30%
1982-83 15.25% 2000-01 7.69%
1984-85 13.00% 2002-03 6.31%
1986-87 10.26% 2004-05 5.98%
1988-89 10.45% 2006-07 6.53%
1990-91 9.77% [...]
September 13, 2008 | 1 Comment
Campaign Election Signs vs. Open House Signs
Yes, this is somewhat of a rant. OK, I take that back, it is a rant – not somewhat! It appears that everywhere you turn there are political campaign signs popping up all over the place. These are a blight on our landscape. My senses are assaulted and I [...]
(read more...)September 2, 2008 | 3 Comments
WE NEED YOUR HELP!
I’m going behind bars for “GOOD”
PLEASE HELP BAIL ME OUT!
Whether it’s $1.00 or $1000
Every dollar counts!
Your donation is my key to freedom but most of all to find a cure for this horrible disease! The disease is not selective..it can hit anyone of any age. A fact that I was [...]
August 7, 2008 | 1 Comment
I thought I would share with you what I have been up to. Recently I entered a contest on the Activerain network. A contest to build your business skills. Originally there were 16 teams and the final three have been invited to Inman.
My apprentice and I have made it to the final three. [...]
July 19, 2008 | Leave a Comment
Some of you may not know this but I am involved in a contest on the Activerain Real Estate Network. Lately I have not been blogging for fun working hard to stay in the contest.
What Contest? The Makeover2Takover..its a revamping of our businesses.
There is a mentor and an apprentice but there are days I feel [...]
June 29, 2008 | 3 Comments
It appears that this morning, I’m in Op-Ed mode as I’ve written a piece for the Orlando Sentinel and am sharing this one in response to an op-ed that was played out on the CBS Sunday Morning Show yesterday, June 22, 2008. Watch the video to better understand my letter to the editor below:
CBS [...]
June 23, 2008 | 8 Comments
Worrying about what you pay, instead of what you get, is a mistake that will cost a seller thousands in the current Real Estate market.
Pick a quality agent from a local brokerage and expect professional service.
List with a discount brokerage and expect a discounted offer.
Put a sign in your yard that says “I’m cheap” or [...]
June 15, 2008 | 4 Comments
Often buyers have asked me this question, so I thought I would write a post on this subject.
In California a good faith deposit is given at the time an offer is made. A good faith deposit will show a seller that you are a serious buyer, and building the seller’s trust is important. A deposit [...]
(read more...)June 7, 2008 | 2 Comments
Many consumers are unclear with some of the terms in today’s Real Estate market.
“REO” (Real estate owned) is property that the bank acquires through foreclosure. Currently REO properties are abundant in most California markets. These homes are often priced well and represent some of the best values.
REO’s are far easier transactions than short sale properties. REO escrows are often completed in 30 days [...]
May 31, 2008 | 1 Comment
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