Tom Waite's Real Estate Blog

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Real Estate Agent - Thomas Waite Real Estate Broker
Southern California, Orange County and Los Angeles County, as well as, Riverside County and San Bernardino Countiy. APARTMENT BUILDING INVESTMENT SALES AND PURCHASE ASSISTANCE. SINGLE FAMILY HOMES, DUPLEXES AND TRIPLEXES FOR RESIDENCES.
RECENT BLOG POSTS
Laura JonesChicago Title5955 Ball RdCypress, Ca 90630(714) 220-9800 directjoneslaura@ctt.com FHA Program for Underwater Borrowers Now Underway 09/07/2010 By: Carrie Bay [cid:image001.gif@01CB4F4F.DF6B6840]...
09/08/2010
Just a quick blog today.  The online financial blogs are starting to comment on the possibility of the next Homebuyer Tax Credit. The economy is sinking faster than the President's rating numbers. Sooooooo...be prepared for a Tax Credit for Anyone and Everyone who can fog a mirror and buy a home....
09/03/2010
IF BANKS HAD TO OPERATE THEMSELVES LIKE A BUSINESS...THEY WOULD SPEED IT UP...HOWEVER, THEY'RE WASTING "YOUR" TAX DOLLARS TO "MESS" WITH YOU! Banks have been given so much FREE money and FREE loans from the Fed that they don't need to watch their losses or bottom line.  Right now, the banks borro...
08/26/2010
Today, even NAR (they're located in Chicago...did you know that?) couldn't hide it anymore...the real estate market is having some small problems...(click to read story). SALES ARE DOWN, NATIONWIDE, 27%!  (story in AOL Daily Finance by Joseph Lazaro) So, I predict that we will soon, very soon, he...
08/25/2010
Homebuyer Tax Credit part Deux is probably already on someone's desk at this point. Get ready, I predict it will show up within the next 60 days.  Someone has to do something to save the current government...or it will fail. Just enjoying my Saturday morning off before going to the office!
08/21/2010
The DOLDRUMS is a reference to the completely calm wind that used to frustrate shipping on ships with sails in the tropics in certain seasons of the year. In many areas of the United States there appears to be little or no movement and very few sales in their local Real Estate. Much of the wind c...
08/18/2010
I have read a number of blogs lately which are concerned about the income producing technique called "FLIPPING".  In which an investor, or group of investors, purchases a home or investment property, hopefully, below market value, and adds "sweat equity" to the property and sells (FLIPS, if you w...
08/14/2010
The author of the piece By Gary H. London President, The London Group Realty Advisors makes the case that the bottom may have been reached for the Commercial Property Market in the United States.  U.S. Markets Reach 'Day of Reckoning' http://internationalpropertyjournal.com/columnists/115-us-real...
06/25/2010
Well, the answer to my question is...NOTHING will happen.  It appears that more than 1/3 of all of the sales activity was generated by the tax credits offered as an inducement to purchase a home for the past 6 months. New-Home Sales Hit Bottom in May By JOSEPH LAZZARO Posted 12:00 PM 06/23/10 Eco...
06/23/2010
I recently read a blog series by Carla Muss-Jacobs which culminated in her call to action blog of today.  I would like to piggyback some of my ideas on her work and the work of several others.  *All of the "original" thinking is attributable to Carla, Terrie Leighton and the New York Fed. *Carla ...
06/12/2010
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Tom Waite

So Cal-Apartment Bldg Investments
local_phone(714) 895-2174
smartphone(714) 895-2174
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Southern California, Orange County and Los Angeles County, as well as, Riverside County and San Bernardino Countiy. APARTMENT BUILDING INVESTMENT SALES AND PURCHASE ASSISTANCE. SINGLE FAMILY HOMES, DUPLEXES AND TRIPLEXES FOR RESIDENCES.