Monthly Archives: July 2009

Short Sale Audacity, Part II

Holy Cow.There is a short-sale listing in the MLS that directs the attention of brokers to an attachment entitled, “Items not included in the Sale.”I can not even muster one sarcastic comment to reflect my feelings about this. Here is … Continue reading

Posted in observations and opinion | 1 Comment

Ground Zero of What’s Wrong with America

There are many great things about our fine country. And there are some not so great things too. Well this weekend, I actually put my finger on the exact spot of the very epitome of the problem with things today. … Continue reading

Posted in observations and opinion | Leave a comment

Gangster Government

You have to watch this video. Many SethEstate visitors, even infrequent ones, may be somewhat surprised to see a post go live that is even remotely associated with political bias. Its not that I sit on fences to avoid alienation … Continue reading

Posted in observations and opinion | Leave a comment

My Reply to a Great Question: "What’s Wrong with FHA Financing?"

Recently, Ben Nicolas, Broker in Long Beach, CA posted a great question on Trulia, which recieved really mindful responses from a broad range of perspectives. The real estate professionals made good arguements from both sides of the issue, which is … Continue reading

Posted in advice, observations and opinion | Leave a comment

Jamie Dimon… not a fan

The following post is an exact copy of my response to the opinion of Jamie Dimon, the CEO of JPMorgan Chase & Co, which The Wall Street Journal published on June 29, 2009:Mr. Dimon, With as little respect as possible, … Continue reading

Posted in observations and opinion | 1 Comment

Latest Move by Chase Contradicts Testimony

Chase Bank is delivering a huge blow to its most creditworthy (i.e. least irresponsible) subset of credit card holding customers by changing repayment terms in an unethical fashion. This action also stands in direct contrast to Chase’s official testimony (to … Continue reading

Posted in observations and opinion | 1 Comment

Market Outlook, July 2009

Back in March I began helping a client execute a search for homes under $325k in the Carlsbad, Oceanside, and Vista areas. We had 20% down, plenty of reserves, solid credit, and great income. We ultimately negotiated the successful purchase … Continue reading

Posted in advice, market outlook, observations and opinion | 1 Comment