The Federal Housing Administration is planting the seeds for the next real estate collapse. As the recovery process continues, FHA is marketing homeownership to families who can’t afford to repay their loans, setting up these families for failure. In a study of 2.4 million loans insured by FHA in
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12/26/2012
The incomprehensible rampage in Newtown shattered the idyllic community and inflicted unimaginable damage to not only the families but to the residents of the community and surrounding areas. Just as Columbine is forever tied to a school shooting, so will be Newtown. Violent crime committed in
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12/24/2012
Downsizing isn’t always simple, painless—or even all that beneficial financially. The fragile real estate market is leaving many baby boomers with little cash for the next home and their monthly expenses don’t fall as much as they thought—or may even rise instead. Then there’s the emotional side
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12/20/2012
* update – ARRESTED for trespassing * Squatters in Atlanta have occupied a home in the “Pittsburgh” section of the city, vowing that if law enforcement tries to remove the home’s new inhabitants, “They won’t be the only ones going to jail.” This “sovereign citizen” movie has played a few times
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12/17/2012
There is yet another growing hurdle with short sales in the Atlanta real estate market; valuation problems with BPOs – specifically BPO’s higher than contract price that can sour the deal. The reason for the BPO is clear; banks do not want to leave money on the table. The result is also clear; ma
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12/12/2012
Squatters in Atlanta have occupied a home in the "Pittsburgh" section of the city, vowing that if law enforcement tries to remove the home’s new inhabitants, “They won’t be the only ones going to jail.” This "sovereign citizen" movie has played a few times in Atlanta and other cities, they tend t
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12/06/2012
