Archive for Tom Royce

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An Open Letter to Move Inc on How To Be Profitable

Dear Move Inc Braintrust,
Okay, you get a great deal on one of the premier properties on the web. The real estate portal Realtor.com is yours to monetize. Yet you do such a poor job with it that the people whose name you have on it actively dislike you. Competitors are able to offer a [...]

6Nov2009 | Tom Royce | 2 comments | Continued
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$8,000 New Home Buyer Tax Credit, $6,500 Old Home Buyer Tax Credit

The Senate last night passed an extension of the $8,000 Home Buyer Tax Credit for new home buyers and added on a $6,500 bonus for those who are buying a new home and have lived in their old home for 5 of the 8 previous years. The House of Representatives is expected to pass the bill [...]

5Nov2009 | Tom Royce | 5 comments | Continued
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Nicolas Cage Selling Real Estate Empire

Reports are that bad business decisions, he is suing his business manager for 20 million dollars, is forcing the actor to liquidate his housing holding around the world. The IRS has a 6.3 million dollar lien on a couple of his houses and the actor has an auction scheduled for November 12th in New Orleans [...]

4Nov2009 | Tom Royce | 2 comments | Continued
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In Canada, MLS Under Extreme Pressure

The multiple listing services around the United States may be wise to watch what is happening up in Canada. Real estate leaders in Canada have been brought before the competition committee to see how the use of the MLS up there increases the cost of housing.
The Competition Bureau of Canada is playing its cards [...]

4Nov2009 | Tom Royce | 3 comments | Continued
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Federal Judge To Mortgage Companies: Show Paperwork or There is No Mortgage

A case in White Plains, New York is sure to put the fear of God into mortgage companies looking to foreclose upon homeowners. The need to show the actual paperwork that constituted the mortgage. The failure to do so compelled a Federal Judge to wipe out a $461,263 mortgage because there was no proof that [...]

2Nov2009 | Tom Royce | 8 comments | Continued
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How Goldman Sachs Scammed The United States, And Made Billions

How do you make billions of dollars and screw every taxpayer, millions of pensioners, and get away with it.
Work for Goldman Sachs.
That seems to the be the story of the housing crisis as reported by McClatchy in a special report. And the worst part, there will be no consequence for the company, the [...]

1Nov2009 | Tom Royce | 3 comments | Continued
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Top 10 Counties For The Highest Property Taxes

Growing up on Long Island, people did not always talk about the weather when starting a conversation with a stranger. More likely it started out with how high the taxes were and how are they gonna screw us next time.
Now looking at a report from the Tax Foundation and being a taxpayer myself, I can [...]

31Oct2009 | Tom Royce | 0 comments | Continued
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Two Thirds of Landlords Will Lower Rent For Struggling Tenants

If you are renting and money is tight, call your landlord and see if they can give you a reduction. A new survey shows that 69 percent of landlords will be willing to lower the rent for tenants that are struggling if they are asked and the request is legitimate.
Most tenants will not pay [...]

31Oct2009 | Tom Royce | 1 comment | Continued
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Top 10 Worst Cities For Rats in 2009

You dirty rat, the great Jimmy Cagney line is being heard more and more around town these days. Especially in the 10 cities that d-CON has announced as the worst cities for rat infestations.
Congratulations to El Paso and Washington DC on making it out of the Top 10 list from last year, even though [...]

29Oct2009 | Tom Royce | 1 comment | Continued
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New Home Sales Down Even With First Time Homebuyers Credit

New Home sales dropped in September as buyers decided this may not be the time to purchase a new home. Single family homes sales were down nationwide by 3.6 percent.
What is interesting is that the National Association of Home Builders used the downturn as a call for Washington to increase the $8,000 new home [...]

28Oct2009 | Tom Royce | 4 comments | Continued
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    • My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
      Kara | 7Nov09 | More
    • What about RE/MAX Commercial? Where this classification came from? I am pretty sure RE/MAX Commercial in volume sales must be above ...
      JM Padron, CCIM | 7Nov09 | More
    • Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
      Joe Spake | 7Nov09 | More
    • It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
      Antony Lexington@Home loan | 7Nov09 | More
    • I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI.
      ROBIN SPURLIN | 6Nov09 | More
    • Definitely not a fan of Move Inc.!!!
      Tony Sena | 6Nov09 | More
    • A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
      SpazzyCat | 6Nov09 | More
    • In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
      Mary | 6Nov09 | More
    • I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
      Cheryl Gungor | 6Nov09 | More
    • I have the same situation. I sold my home in July and am scheduled to to close in a few ...
      Arlo Moehlenoah | 6Nov09 | More
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