Aug 31

Don’t worry, says the state agency that’s running radio ads about how you can get a home with (almost) no cash. This time, they’ve got it all figured out.

Sure about that?

via JSOnline.

Aug 31

Question: My elderly aunt has rented the same apartment for more than 15 years. Recently she received a warning notice from the manager requiring her to remove her accumulated belongings from the unit because they “constitute a safety hazard.” When I called the resident manager about the warning notice, she said my aunt was a hoarder. I know that my aunt has difficulty discarding possessions, even old newspapers. I don’t think she can control this behavior, and I am worried that she may have some kind of mental illness. Is there anything that can be done to protect her housing?

via latimes.com.

Aug 31

According to a Harvard University study that looked at local eviction records, the influx of federal stimulus money to help stem homelessness coincided with 836 fewer evictions filed in Milwaukee County from August 2009 to March 2010, compared with the same period the previous year.

via JSOnline.

Aug 31

there are no secrets to success. It is the result of preparation, hard work and learning from failure. - Colin Powell

Aug 30

The trial court ruled that two lease agreements held by Coin Appliances, Inc. were enforceable against the Warners and Whites, and that the Warners and Whites breached the lease agreements. But rather than order specific performance, as requested by Coin, the trial court ordered payment of damages pursuant to a stipulated damages clause in the lease agreements

via No. 09-2164

Aug 30

After the mortgage meltdown caused the near-collapse of the U.S. economy, most of us assumed fraudsters would find a new racket.But assumptions can be dangerous, and it appears we were wrong.The Wall Street Journal just commissioned a study examining about seven million home loans made by hundreds of lenders, and it found mortgage fraud is back with a vengeance.

via WECT TV6 – WECT.com

Aug 30

With home prices in the metro area down an average of 32% in the past five years, many don’t want to take a huge loss when they decide to move. They want to wait to see whether they can rebuild their equity. So they rent.

“People just really don’t want to be landlords, and they really have no choice,” said Dennis Dickstein, a Realtor at Real Estate One in Farmington Hills, who estimates that 20% of his deals are leases.

via Free Press.

Aug 30

No trumpets sound when the important decisions of our lives are made. Destiny is made known silently. - Agnes de Mille

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