Empty house. No furniture. No chair to sit on. I sat on the floor…on the carpet…with my back against the wall…and began to read. I always bring something to keep busy in case the open house is slow. I make sure that it is business related, like a real estate magazine, so that visitors don’t […]

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This is a major commitment to the mortgage market by a leading US financial institution. Bank of America is putting its corporate weight, and its money, where its mouth is. By making this acquisition, BofA is saying that they are in the mortgage market for the long run. They will most likely be stuck with […]

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In its 18th annual words of the year vote, the American Dialect Society has named the word “subprime” as their Word Of The Year for 2007!
Who knew that there was a society dedicated to Dialect but the organization is apparently 118 years old. I wonder why it took them so long to come up with an […]

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My wife was happy when I told her that I was writing an offer for a client.
“The property is a ’short sale’ ” I told her.
 ”Great!” she said. “That means that your commission check will  come quickly. Why don’t you do more transactions like that?”
 Well…she assumed that ’short’ meant short-time-wise. Not so! Short, in this […]

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