Archive for the ‘Real Estate’ Category
Saturday, June 27th, 2009
The real estate mess is hurting not only homeowners, but businesses as well. Bad things happen at both ends when the mortgage payments stop coming in. The homeowner of course loses his house and his good credit rating, but the businesses that were involved in lending the money lose out ...
Posted in Real Estate | 4 Comments »
Friday, March 13th, 2009
Say you live in a subdivision. You bought your brand-spanking-new house only a couple of years ago. Today, you cannot afford to carry the house for whatever reason (job loss, move, can't refinance, etc.)
"No problem," you think to yourself. "I'll just find a renter for it until the market turns ...
Posted in Commentary, Economy, Real Estate | 6 Comments »
Tuesday, February 17th, 2009
Flexo takes issue with Robert Kiyosaki's definitions of asset and liability:
An asset is something that puts money in my pocket.
A liability is something that takes money out of my pocket.
I can see Flexo's point in that Kiyosaki is recasting the definition of the words. The proper financial terminology would say ...
Posted in Real Estate | 20 Comments »
Wednesday, November 19th, 2008
My wife has wanted to move into town for quite some time so that she can be a little closer to friends and to our other activities. I've been reluctant to move for a few reasons. First, I think if we bought now, it would be like trying to catch ...
Posted in Real Estate | 8 Comments »
