Doing “something” about the financial situation is needed. Now that more news is out there they are saying they will fine tune areas. It makes sense. The story of Chrysler Corporation and that they already paid back the loan they received within one year made sense to me.
Cooler heads and calmer minds are working in the midst of a media flurry that tears down the ideas before the bud even opens. Several points bear note. Think of this as a fire wall, and by putting it up now will restore the ability of recovery of homes in this market.
Really Really and truly….the forclosures are worse than Katrina, worse than 911 and we need to recognize the numbers of families in America losing their homes! Bail out, wall street are just the wrong words. Somebody needs to get in there and do something. To jockey in politics and posturing is not right but it is going along. Each party trying to get their “Man” in. The fact is that the American people have been harmed on many fronts. I won’t list the harm because we already know.
The lobbying has got to stop paying and playing with leaders. The leader that does that will make a difference. McCain is right to go to Washington and Obama should go to. They were invited. They will be involved in the future of leadership and should be there.
The media is becoming so loud that many of us are just turning it off.
Job losses are followed by home losses are followed by more losses. The time is now to act. Sure last week would be good, week before that better but all we have is now. Lets start by calling it what it should be. Government working for the people to assure a calm, an anchor, a firewall, a group of leaders with a true desire for the good of all mankind.
bail out chrysler chrysler corporation financial situation fire wall forclosures Government home losses job losses mccainThe search and previewing of the condo market in Redondo Beach took me several hours yesterday. Camino Real and Prospect are cross streets with a heart shaped section of properties Called Brookside Village. The Prospect side has numbers in the 600’s and the Camino Real side has 800-900’s. It was a lovely search through the complex with a central Pool and Tennis court and lots of walk paths. Some “inside” units - that is where you go into a central hall have a feeling of apartments. The outside units along the parameter were lots more fun to me and felt more like home. The street noise was muffled by the dual paned windows. I will add a photo to this blog later today.
One of the upper floors sold for a price below the other asking prices. Because…the people were contingent on buying another property they wanted. Good deals are there for buyers in Redondo Beach and anywhere else right now. Put yourself in a sellers shoes. They are competing with REO, Foreclosures, and anyone else for sale. The seller has to be competitive. The REO’s are usually not in such great shape either. The banks are trying to figure out what to do and recasting loans as my last article states.
Finally I found a 3 bedroom for a 2 bedroom price. I have to hurry its only been on 3 days. So I will call the agent tell them we are coming and they will let the sellers know there is some action…..Such busy weekends. The buyers are off of work. Mothers day will be a trip, and guess what else? My buyers looking time has to work around the SURF!
Surfing is the healing art for everyone that discovers it. My husband and sons learned to surf in Hermosa Beach. Our grandaughter did the ROXY surf training. It is reaching out to women in greater numbers and of all ages! Hooray. I did try surfing in Kauai last month. I need some more practice. I was laughing so hard. I also didn’t know you go from hand to feet..not knees…I was on my knees like a baby crawling…and laughing.
banks Brookside Village Camino Real condo market forclosures good deals Hermosa Beach Kauai mothers day pool Prospect Redondo Beach Roxy surfing tennis courtWake up America, Your country is shaking as the dragon of the FHA awakens and stretches. Lenders that did them years ago are coming back into the sunlight of
day and this is after the other Realtors from the 1990`s are selling foreclosures in droves. Some agents say Hey, let me into that market! You have to be kidding the other agents say back. I paid dearly for this place. I gave up family time, life energy and everything else as I ran with the tail of a tornado. Its a new day and FHA is the lender of the hour with a 3% down no nonsense loan. 15 year or 30 years and that is the top lending deal for 2008. The new price point is 729,750. in Los Angeles. So you can actually buy a home, That is if you have a job and pay stubs and money for gas for your car. Don’t give sour grapes to the dragon, this may be the sweet sleepy just woke up time that the dragon is nice.
1990s FHA forclosures realtors
