Well, it usually predicts a recovery 6 months ahead of time, is this a true prediction?
NAR Information on Revised TILA Disclosure Requirements Take Effect on July 30, 2009
I just got this update from NAR about new regulations for lenders. This new law will force lenders to send out good faith disclosures after taking a loan application. It will add a lot of work to the lenders, but the buyer needs to know what they are getting into. I run into buyers all…Read More→
COST OF BAILOUT $24 TRILLION
OMG, check this out. The AP is reporting that the gross cost of the Federal bailout could be as high as $24 Trillion! WOW, or $80,000 for ever American in the US. I will tell you what, we have 6 in our family, just send me a check for $480,000 and let the banks fail!…Read More→
BANKS WIN, HUGE CHANGE TO ANTI-DEFICIENCY LAWS IN AZ
Wow, this one blind sided me. Here we are working so hard to get through this real estate mess and the legislature smacks us in the teeth. With this new law investors will now seek bankruptcy in lieu of selling an investment property through a short sale. I have 4 or 5 investment properties under…Read More→
TODAY IS ENERGY INDEPENCE DAY!
I don’t know what exactly that means, other than I am sick and tired of sending America’s wealth to other countries through the purchase of oil! So, let’s get together on this American subject and fight for our survival! The Pickens Plan started this Energy Independence Day and the rest of us should finish it!…Read More→
ENERGY INDEPENDENCE DAY, JULY 12TH
What is Energy Independence Day? I just heard about it today. I found The Pickens Plan when researching our “addiction to oil” on the Internet. It was good to see other people felt like I do, that is I am sick and tired of sending America’s wealth to the Middle East to support oil regimes…Read More→
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