So, not only are you not supposed to decorate your house for Halloween (it might scare buyers away!) but now you can go one step further than closing costs: Bob and Ricki Husick came up with a more creative twist: Whoever buys their four-bedroom, 31/2-bath home on Fountain Hills Drive in Pine would get their [...]
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Yes, if you read my story on Friday, you might be thinking … are we all in trouble? It seems a little like that. Read on: A total of 72,571 notices of default, the first stage of the foreclosure process, were filed during the third quarter in the state, up 34.5 percent from the previous [...]
Filed under: Foreclosure Fever | 1 Comment »
(Photo of “tastefully decorated home” courtesy of Ebby Halliday Realtors) The Wall Street Journal’s RealEstateJournal seems to think scary decorations can kill your sale. Read on: You don’t want to “spook” house hunters, real-estate agent Phyllis MacBeth of Main Street Realtors in Long Beach, Calif., says. Some might not understand the holiday, while others may [...]
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I hate to say, “I told you so!” but I did. If you read this blog you know I’ve been preparing for a recession since late last year. Merrill Lynch, the investment bank, posted its first quarterly loss since 2001 — and it’s a doozy, $2.2 billion. And that’s not all. According to the Washington [...]
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The Associated Press reported that subprime* mortgage king, Countrywide, announced that it will offer refinancing and modifications up to $16 billion in loans that are scheduled to reset in 2008: “Unprecedented times call for unprecedented remedies,” Countrywide President and Chief Operating Officer David Sambol said in a statement. “We are determined to assist borrowers who [...]
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(Photo of Lake Arrowhead neighborhood on fire courtesy of Don Kelsen/Los Angeles Times.) Leave it to MarketWatch to make the absurd leap to accentuate the positive in a tragic catastrophic fire. As fires destroy everything in their wake from Los Angeles County to the Mexican border, in this short story, “Could Calif. fires draw a [...]
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