Monthly Archives: November 2008

7466 Burbank Street: SOLD

3bd/2ba starter home with large private yard in Linda Vista.

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Truth is Stranger than Fiction

“Wachovia execs may get $98M from Wells deal“– this from an article published yesterday by the Charlotte Business Journal. Want to know how many execs split up the pie? 10. In most cases I believe these bailouts are the lesser … Continue reading

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Holy Mackeral!

As posted today by Richard Shaw on Seeking Alpha (a great news sources that aggregates informed opinions), about an article published by Bloomberg…“The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half … Continue reading

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A New, New Deal

Now we’re talking! This CNN article announces Obama’s plan for Job Creation. Not sure how it will roll out in real life, but in theory I love it. Finally a proactive step, based on a blueprint that has worked in … Continue reading

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Historic 30 Year Mortgage Rates

In a previous post I describe how monthly payment affordability is more sensitive to rate than price, and how market timing when buying a home may not be as important as one might think. Some folks within a discussion thread … Continue reading

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Seth’s Awesome House Payment Calculator

Click the calculator for a tool to help you factor: down payment principal interest rate private mortgage insurance property tax fire insurance hoa fees mello roos approximate income tax deduction realistic appreciation models reserves coverage time Remember: everyone’s scenario is … Continue reading

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Market Timing when Buying a Home

Market timing becomes increasingly relevant the more cash you put down… but acting now or holding off depends upon your price point and strategy. When making all cash or substantive cash offers:On the low end (i.e. $200k – $600k-ish), smart … Continue reading

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