This doesn't seem so bad - from the latimes.com: The housing market may be on the ropes, but Curt Beck was ready to come out swinging. He offered $385,000 for a three-bedroom house in Acton. The seller was happy with the terms. But it was unclear if the mortgage...
Year: 2011
Strategic Defaults Declining?
From HW: The trend of borrowers choosing to default on their mortgage when they otherwise might have been able to afford payments is on the decline, JPMorgan Chase analysts said Monday. Definitions for what qualifies as a strategic default varies. But analysts took a...
Bankers Breaking In?
This attorney is spreading hysteria here - banks don't have keys to your house. If you don't want to be in this predicament, then don't make your house look like it's vacant! Hat tip to daytrip for sending this: Visit msnbc.com for breaking news, world news, and news...
Sellers – Spend the Money!
I think sellers should do improvements before selling, but I'm not big on staging - especially bathrooms!
Fiesta del Sol
The next bubbleinfo gathering is on the calendar - click here for more info!
Alternative Credit For Mortgages
With Fannie/Freddie's policy of taking loans from borrowers with "extenuating circumstances" just three years after their short sale, we should start seeing some of those folks getting back into the market soon - as long as they re-establish good credit. From the...
Neighbor Super-Squabble
Hat tip to SM for sending this along, from The Seattle Times: Gayle and Ray Harvie were at Disneyland when they learned a troubled neighbor had stolen, and then crashed, their new $12,000 Yamaha motorcycle. The 18-year-old thief was fine, but the Harvies, who'd raised...
This Is America
From SB Nation: Many give Boston Red Sox fans plenty of grief, some of it warranted, some of it not. Red Sox Nation has become, for better or worse, a whipping boy. But the following video of the crowd at Fenway Park helping an autistic man sing the National Anthem,...
Lower Rates with Prepay Fee
Seen in the latimes.com: Will the move to dismantle Fannie Mae and Freddie Mac mean the end of the 30-year fixed-rate mortgage as we have come to know it? Many housing proponents say that it will. Without the government's backing, they contend that the 30-year...
After Fannie/Freddie
Folks are wondering what will happen after Fannie Mae and Freddie Mac are put to sleep. Here's one alternative - Union Bank: Full disclosure - Mark is married to Klinge Realty staff person Anna.