Archive for Tom Royce
WAIT THERES MORE!!! Homebuyers Tax Credit Extension Coming Soon
I knew this would happen. Bad economics combined with suck up politics. The Senate is close to agreeing on an extension of the Homebuyers Tax Credit. But as the late Billy Mays says, WAIT, THERE’S MORE!!!
How about a credit for every homebuyer whose name is not Rockefeller. You don’t need to be a first time [...]
27Oct2009 | Tom Royce | 3 comments | Continued
Top 10 Safest Cities In The United States in 2009
If you are tired of crime and mayhem in your life and you still want to live in a city, we have the Top 10 List for you. Our most popular post every year is the Top 10 Most Dangerous Cities but if I had to spend my money I would rather live in one of these [...]
27Oct2009 | Tom Royce | 4 comments | Continued
Capmark, Formerly GMAC Commercial, Files For Bankruptcy
Capmark Financial Group, formerly GMAC Commercial, has filed for bankruptcy protection after experiencing significant losses in the commercial real estate market. The bankruptcy, while not unexpected, is still a blow to the commercial side of the market.
As we saw in residential real estate, commercial also had it’s bubble and the over-leveraged investors on the commercial [...]
United Nations Investigating New York Housing Situation
Ah, how far we have come. The United Nations is coming to investigate housing in New York City and 5 other cities in the United States. You know, because we may have sub-standard housing.
The United Nations has assigned an official, “a special rapporteur on the right to adequate housing,” to check the city’s affordable housing. [...]
25Oct2009 | Tom Royce | 1 comment | Continued
Real Estate Lobby Participating in Crony Capitalism
I have to admit that I am a big fan of John Stossel but odds are he is not making friends with the real estate lobby these days. He was on the Fox Business Network talking about the Homebuyer Tax Credit and fraud associated with it.
But in the middle of the interview he lambasts [...]
The Other Side – Fraud in New Home Buyers Tax Credit
Earlier this week I lambasted the IRS for announcing that they would be auditing 100,000 applicants for the $8,000 tax credit. I am not a fan of the government creating honey traps and then using them to snare unsuspecting taxpayers with it or using the fear of the IRS to stop people from rightfully claiming [...]
23Oct2009 | Tom Royce | 2 comments | Continued
Who Will Refinance All The Commercial Real Estate Debt
One of the questions I am hearing more of is “Who will refinance the commercial real estate debt?” This is not an idle question, as opposed to the residential real estate market, refinancing or rolling over debt is a big part of the commercial real estate business.
And with the falling values and lenders on [...]
Probe of Lend America’s FHA Loan Program
If you are dealing with Lend America and looking to get a FHA mortgage, give this article are read from the Wall Street Journal. The company could be facing a shut down of their ability to continue making FHA loans in the near future.
With the ending of the $8,000 tax credit for first time [...]
Top 10 Places To Retire in the United States in 2009
Are you looking to retire and live a great life? Aren’t we all. Well, if you are making your decision in this turbulent economic time, the first choice according to Forbes Magazine is Atlanta, Georgia.
Why Atlanta and not Miami? Glad you asked. The main reason is cost of living and housing. Living in Florida [...]
IRS Auditing 100,000 Home-Buyer Credit Recipients
If you are looking to take the $8,000 Home-Buyers Credit you better have you ducks in a row according to reports coming out of Washington. The IRS is going to be paying special attention to those taking the credit on their taxes.
The powers that be in Washington are smart, never forget that. And craft. And sneaky. [...]
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
