Archive for Tom Royce
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 [...]
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 [...]
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 | 3 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 [...]
Although I agree on most points, I would like to point out that most of the banks that are being ...
The question is when are they going to release them on the market. Las Vegas leads the nation in ...
I keep seeing mentions of Florida's market getting better in multiple blogs. I'm increasingly under the assumption that at least ...
I would like to know more about it. I need to know how you file for it. Please let me ...
Great blog, keep the great content coming! 
If you want to succeed, do not say "we can prevent this in the future." Live in reality. ...
The price of the property depends on its quality and the deal between the management. Good and wise choices are ...
I don't have experience at actualy working in tha automotive bussinnes, but have experience working in a warehouse invironment. ...
