Archive for the ‘Real Estate’ Category
Wednesday, July 9th, 2008
I was a bit surprised to hear that the word subprime has just now made it into Merriam-Webster's Collegiate Dictionary. I guess it takes a full-blown crisis to get a word in edgewise.
The "sub" refers to the quality of the loan rather than the rate, since the rates of ...
Posted in Commentary, Real Estate | 1 Comment »
Monday, June 30th, 2008
This is impressive. Impressive how is the question:
Single mom selling home, heart online
Sound bite version: Forty-two-year-old single mother needs to sell her south Florida home -- and is offering her hand in marriage as part of the deal.
First, it was free closing costs. Then it was free ...
Posted in Real Estate | 2 Comments »
Thursday, June 5th, 2008
Curiouser and curiouser the housing market gets. The San Diego Union-Tribune (via Smart Spending) reports that Michael Crews Development is giving away $400k Escondido row homes with the purchase of a $1.6M+ San Pasqual Valley estate home.
That's a huge concession. Mark Connal, vice president of realty, says:
We ...
Posted in Real Estate | 2 Comments »
Saturday, May 17th, 2008
Free Money Finance posted a question from a reader who's paying on a house that's now worth less than what's owed on it. The reader is upside-down on his mortgage, but the mortgage is a 30-year fixed-rate, and he paid 20% down. It wasn't a teaser loan by ...
Posted in Commentary, Real Estate | 11 Comments »
