Real estate, mortgage, and investment property
It seems like I get these letters everyday offering me unbelievably low re-finance rates or some other too good to be true offer involving my mortgage. I can’t imagine how much life they’ve stolen from my shredder at this point. These letters look so legitimate and expiration dates give people a sense of urgency to …
The Wall St. Journal (and every other reputable news agency) is reporting today that the actions taken by banks to modify the mortgages of those citizens who were already delinquent on their mortgages has not had the desired effect. Specifically over 50% of these individuals re-defaulted within 6 months. This of course calls into question …
Modified Mortgages: A New Lesson in Moral Hazards Read More »
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My house is on the market. Yes, in this terrible real estate market, I am trying to move. We’ve actually been on the market since late January. We’ve done this before, but never during such a rough market (and never with a toddler). I do not envy my wife as she tries to keep our …
If Only It Was This Fun to Actually Clean the House! Read More »
