Archive for September, 2008
Ed McMahon Raps in Free Credit Report Video’s About Foreclosure
Ed McMahon, known as Johny Carson’s sidekick and most recently for the foreclosure on his home, is now rapping on a couple of You-Tube videos for FreeCreditReport.com.
The company is known for it’s catchy lyrics about people making bad credit decisions. Now they have enlisted McMahon to do the video’s about his real life foreclosure. [...]
Selling Your Home With a Raffle
Are you looking to sell your home in a tough market and willing to take a risk? The newest idea is to raffle the home off instead of selling it the traditional way.
It does have some benefits. Say you are trying to move a $400,000 home. Selling 4,000 $100 tickets will cover the price. [...]
Network Issues
Update 2: Rumors are reaching me that the site is accessable from ATT again. Hooray. I can leave the library.
Update: The issue is not resolving so those in the Southeast may think that we are gone for good. This is crazy. 3 hours on the phone last night and nobody, and I mean nobody, has a clue who to call. So if anyone [...]
Britney Spears Selling Beverly Hills Mansion for $7.9 million
Britney Spears has put her Beverly Hills Mansion on the market for a reported 7.9 million dollars. The 7,500 square foot home was made famous when she was taken to the hospital after a nervous breakdown.
I don’t know about you but the karma that Britney leaves in it’s wake is not something that I would want [...]
Sam Zell Blames Market Down To Market Rules For Wall Street Issues
In our earlier post on Market Down to Market we saw how Dave Ramsey sees the problem with accounting rules forcing investment firms hands and how it created this crisis. I respect his opinion greatly.
So it solidified my thinking when another great mind in real estate development and management, Sam Zell, told the same thing [...]
Brookfield Buying GMAC Real Estate
Brookfield Residential Property Services, a Canadian real estate concern, is buying GMAC Home Services from Cerberus Capital Management (51% ownership) and General Motors (49%).
Do you think, or hope, that the company will re-brand the offices to a name that is not as antiseptic as GMAC? Part of the allure of real estate is the [...]
Market Down To Market – An Acccounting Change That Could Free Up Wall Street
Normally I spend a bit of time trying to revisit a concept someone else has come up with and try to put my spin on it, but the concept that Dave Ramsey has put on the table on how to get out of the economic turmoil that we are experiencing is dead on.
By changing an [...]
Why Married Sleeping Separately Is Changing Home Designs in US
Why are more and more married couples sleeping in separate beds? And how is this affecting home designs in the country?
A 2005 study shows that 23 percent of married couples sleep alone up from 12 percent in 2001.
First of all, we are a coddled people in the United States. We have homes that have many times [...]
Dubai Real Estate Prices Face Price Drops in 2009
The petro dollar rich country of Dubai has been on an incredible growth cycle. The combination of it arriving as an international destination and the wealth emanating from the region as oil prices surge has allowed Dubai to build some amazing real estate developments.
But like all parties and markets, it has to cycle on [...]
New Report Warns Of Option ARMs Defaults Lasting Through 2011
First there was subprime failures, then Alt-A trouble. Now we are entering the cycle of Option ARMs coming down. Looking back subprime loans were the problem initiated by the government to help the low income borrowers and abused by lenders. Then ALT-A was the vehicle for the self employed who had always been shut out [...]
23Sep2008 | Tom Royce | 2 comments | Continued
Not sure this program passes the common sense test. Isn't it true that the governments management of the housing industry ...
Well, it's March 2010 and I have not seen much of a change in the economy in Indianapolis, Indiana. Maybe ...
Coastal cities are fragile in the face of a catastrophe like this. The buildings would be destroyed in minutes. 
As a potential first-time home buyer, I have zero confidence that I would be making a smart investment in purchasing ...
I also found on craigslist a home in Avon, Hartford County, Connecticut, with pictures. Then when I received the following ...
I want to know how many of you voted for "Good Ole Change"??? HAHA! How's that change working out for ...
Nina, although you seem like the ultimate heartless bitch I still sincerely pray that you are never in poor Mr. ...
It sounds like it really depends on consumer confidence then. I feel like if people do start spending their money ...
