Ed Tse's (rocktexas) Blog

Bonus TimeWell, supposed someone's crying is heard well enough?  Did our great politicians listen?  Yes, they did or they won't come up the B.B. "freeze" loan program.  As my dean who graduated from Oxford U. taught us that it is a "American Circus" when he compared ours to the British cabinet sy...

Can we close a RE deal in hours or shorter?  A Real Case (III): No Upset Housing in Some Areas of Southern California? 12-06-2007 16:20Just got back home and receive an email alert from an asset management.  Here it is:Posting Type:AgentProperty Type:Single FamilyAddress:6**2 M******* AVE SAN GAB...

     *   In order to better understand this article, please also check my article Who's crying so loud out there?      *   The following news is worth my effort to copy its whole content here for your big laughing and then keep  go on reading my comment on it if you want. UPDATE 1-Mistakes made d...

The blood on Greenspan's handsThe former Federal Reserve chief now admits there is a housing bubble, yet he still refuses to take the blame he so richly deserves, By Bill Fleckenstein*******   ******   *******Hi! Bill,Be nice to an old gentleman Mr. G, Okay?  Keep in mind that he used to be one o...

This is a revised version of my argument in response to an article "Treasury's Subprime Rate Plan is a Great Big Zero"written by David J. Merkel, CFA, FSA, a leading commentator at RealMoney.com. In David's article, there are two arguments: 1) Paying the mortgage payment is not the problem here; ...

 Why have Banks decided to stop responding to offers in regards to a "Short Sale" ?! Questions: Scott - Here is a big part of the problem. TOO MUCH TOO SOON.  Every day that becomes a worse excuse, but I really don't think that the servicers are staffed up for the volume.  Even with a training pr...

 HELP! I'm Facing Foreclosure! I really enjoy Jaclyn's post.  After exchange viewpoints with her, she inspired me so much brain storming that gives a birth this article "Talker with lips, Doer with LPs."  Before I put it into a real one from a draft, I would like to share your guys the exchanges....

Why have Banks decided to stop responding to offers in regards to a "Short Sale" ?!  updated on 11-30-07 13:30 Gee! My fellow agents,What you guys expect from a conservative employee in a financial bureaucracy? Why they took the 9-5 job? They want to be a nut or bolt in a machine.  You expect the...

  Home prices take steeper downturnMedian or Average Housing Price: Totally Junk To a REO Investor (I)  I read the CNNmoney report above right after Dr. Shiller has his press release conference. It is very hard for me to accept that Shiller Index is the most reliable vehicle to judge the trend of...

You Be the Judge - Real Estate Killeen TX November 28, 2007Hi! Mary Ann:I read your post that is 3 month old.  Maybe you have an answer already.I am just wondering how come nobody responds to your post as mine.My answer is this:  Let it go as the buyer wants.  Why?  Not fair.1. There are all kind...