Archive for January 2008
You are browsing the archives of 2008 January.
Hey, Why Stop With Tutoring Programs?
Let’s just pay them to go to school period.
Just damn.
http://www.ajc.com/m…2/studentpay_0123_web1.html
This is What Agents and Brokers Have to Look Forward to for a While.
Disgruntled homeowners are starting to sue the agents and brokers who sold them their homes at the height of the boom.
They might just have a case because all too often the broker and agent oversteps the line in discussing the value of the property.
The defendant in the Ummel case is Mike Little, a veteran agent [...]
The State of the Housing Market for 2008
Over 150 lenders have already gone out of business since the peak of the sub-prime orgy.
This year over 1,000,000 yes, one million individual foreclosures are expected to happen.
Over $300,0000,000,000 that’s three hundred billion dollars of loans have been written off by the lending institutions and the best estimate is we are a little over half [...]
Wow, I Leave to Drop my Son off at School…
and by the time I get to the office the Fed has cut the funds rate by 3/4 of a point to 3.5%. There has not been that big a drop at one time since 1984.
Then, the futures markets took a jump upwards, digested the Feds actions and then…
Tanked right back down near where they [...]
The Bad News is Today Will be a Bad Day for the Markets.
The Good News is this kind of sell off usually means we are near a bottom.
It is called capitulation. It is when traders and short term investors decide the pain is just too much and dump almost everything. It is sometimes called panic selling. It is when great companies go on sale.
Look for today to [...]
It Feels Really Good to get Messages Like This One.
We have a contact page at the Field Guide for Investors to let visitors and members alike give us feedback about anything they like or dislike.
This was received today…
Not a question. Just a thank you for this article and insight into short sales. I was seriously considering purchasing a Short Sale program advertised on the [...]
I Have Been A Directv Customer Since February 1995…
but I will be former customer as soon as our subscription to NHL Center Ice runs out. In fact, if I can get either Dish Network or Comcast to figure out a way to transfer it, I will be a former Directv customer as soon as the switch over can happen.
So, what is driving me [...]
Some Comments Incorrectly Caught by SpamKarma
Unfortunately dealing with the spamming scum of the world is required. So, we use technology and it is pretty good. But, sometimes is just does stupid things and has to be pointed back in the right direction.
Such has been the case this month. A number of comments were incorrectly identified as spam and to compound [...]
I Just Wasn’t Ready the First Time I Picked Up This Book
I remember the first time I picked up The 4-Hour Workweek by Timothy Ferriss. I skimmed through some of the pages and put it in my “to be read later” pile. I’m not really sure why I did that but it just did not resonate with me then. I had other things on my mind.
But, [...]
I Wonder If Other Lenders are Looking At This as a Potential Loss Recovery Center
I had an interesting instant message chat yesterday with a lawyer friend who has been approached by a major lender.
Seems this lender is looking for local resources to follow-up on short sales after the closing. They want to make sure the “value” everyone agreed to at the short sale closing was really the “value” at [...]
