What Is A Short Sale?

    A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank.  In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance.  That is, even though the property has been sold to…

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      Economic Rebound in Q4 2008?

      Why are economists predicting that the economy will started coming back in the latter half of this year? Because, as I explain below, that’s when the cuts in interest rates and the fiscal stimuli will take hold and be reflected in our measurements of how the economy fares. I am already seeing a loosing up…

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      Sell Your House Fast with these 10 “Must-Do” Items

      Find more content like this on Zillow. 1. Make a great first impression: Make your home memorable. Home buying is an emotional purchase, with buyers deciding in the first 30 seconds of seeing the home if this is the one. The front entrance should be warm and welcoming. Photo courtesy of www.buzzfeed.com 2. Clean, Clean,…

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      From Bistros to Barbecue: A Taste Tour of Our Favorite Restaurants

      We have curated the perfect list of our favorite restaurants in towns we are frequently in. From cozy cafes to upscale establishments, we’ve carefully selected the top spots for their delicious food and welcoming atmosphere. Join us as we celebrate the flavors, creativity, and hospitality that define each dining destination. Whether you’re a food enthusiast,…

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        Current Commercial Real Estate Credit Crunch

        Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well?  Well, most insiders don’t believe it is a direct result of the sub-prime hangover.  They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…

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