Some of you have been reading my blabbering for years and may remember the death threats from a certain real estate agent in Corpus Christi for challenging him about the legality of a $50,000 rebate to the buyer on the purchase of a $200,000 home. Funny, I sent him my photo, a map to my home and
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03/26/2008
Marginalized. Annualized. Economically isolated. Indicators. Mean reversion. Seasonally adjusted. Negative growth. Queuing ... now there is an interesting economic term. About two years ago a colleague suggested to me and a small group of three or four others that he believed the prime lenders m
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03/25/2008
I teach real estate investing to beginners and seasoned professionals. Last Saturday I had a class of 18 seasoned investors with varying degrees of success and experience ranging from over 30 years down to just over a year and one guy who has never actually bought anything but has been to virtua
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03/24/2008
You DO need a ticket to climb on board.It is the beginning of the Spring buying season and while there is an excess of inventory in the marketplace the worst problem is the loss of the secondary market which should come back over the next couple of weeks with the release of liquidity through the
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03/19/2008
What is a couple of hundred billion dollars among friends? Who panics over nearly a trillion dollars in mortgage write-downs? Not me, I have GOLD TEETH! Now that my bridges are worth more than my Coca Cola stock I think I will leverage the dental work. I mean 7 ounces of gold - that's a lot of ja
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03/13/2008
YOU HAVE NO EXCUSE NOT TO BUY A NEW HOME TODAY - AT LEAST LESS OF AN EXCUSEA must read for anyone who depends on mortgages and finance to buy or sell a home. It's always good to see the rates in the fives. What is strange is why buyers wait "for a better rate" when the are in the fives. Then agai
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03/12/2008
Behind the scenes of the interest rates and market today are some strange goings on as well as some interesting discussion. One of the hot topics today is how the rating agencies will be involved in untangling the credit crisis, devaluation of the dollar and destruction of consumer confidence. Wh
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03/11/2008
I love my Treo 700 - love it. Haven't seen anything for my purposes that is even close. BUT I am locked in with Sprint and I am SICK of them so I am looking for a change. I will have to buy a new phone even though I just bought one last year. Who has been with a wireless carrier for several years
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03/11/2008
There are many great reasons to live in or move to the Cobb County Georgia area. Kennesaw, Georgia was picked as one of Family Circle's 10 Best Cities for Families is two skips up the street. Novation Mortgage is proud to be a part of the Cobb family of businesses and an active member of the Cobb
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03/10/2008
Talk about movement in the rates! At least what we have seen so far is just a downward trend. The market has been in such motion today that I didn't even do the live video stream because I was too busy modifying the rates.Even the financial news today is mixed. From Warren Buffet to Jim Paulsen t
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03/10/2008