ARCHIVED BLOG POSTS
2011
Pity the poor millionaire who needs a mortgage in the current lending climate. You won't find politicians creating special programs to alleviate their sufferings. Of course, they don't feel the pain in the same way as the common man, but, in many ways, the financial crisis has wreaked more harm...
05/26/2011
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Do you shy away from showing your clients properties with deferred maintenance issues due to concerns over financing complications? These properties may be short sales, bank owned, or just generally run down due to the owner's lack of ability or desire to make needed repairs. Of course, all thin...
05/19/2011
The new health care legislation includes a 3.8% Medicare tax that may apply to certain real estate transactions in certain very specific circumstances. Unfortunately, this has been misreported all over the internet in some alarming ways. For example: "The new health care legislation imposes a 3.8...
05/11/2011
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What goes around comes around, sometimes sooner than you think. I was just reminded of this with a buyer / borrower who instructed his inspector to find every minor flaw in the property and to be at his rhetorical best when drafting the inspection report. Makes for good drama in the negotiati...
05/05/2011