I had prequalified a couple, move down buyers, and they had been busily shopping with their agent. Out of the blue, I got this message from them: "We have decided to buy a subdivision home and will be compelled to use the in-house lender." In California, does a buyer actually have to use a certa
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12/24/2010
How to Choose a Power of Attorney for Your Signing I recently had a Sacramento home purchase deal that was delayed by the lender's requirement for a second appraisal. As we neared the close of escrow date, I got the following email from the buyers' agent: "Hey, Ed! Are we going to close this b
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12/24/2010
The special home loan program available to members of the California Public Employees Retirement System (CalPERS) is no longer. The official word is that the program was under-utilized and dealing with some defaults. I am not surprised, in spite of the fact that the program was a great benefit t
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12/14/2010
Back in the early 90s, I was a musician in a missionary group (which is sometimes called being a "musicianary"). My electric bass and I traveled throughout North America and all over the world. The region that impacted me the most was western Africa, in spite of the harsh traveling conditions.
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12/02/2010