Archive for April, 2008
personal bankruptcy and student loans
Question: I acquired my student loan in Ontario but have been living in British Columbia for 12 years now. What province would I claim personal bankruptcy in Canada?
Answer: If you decide to declare personal bankruptcy in Canada you would declare bankruptcy in the province where you are currently l…
Fannie Mae Chief Executive Predicts National Housing Recovery in 2010
The head of Fannie Mae is predicting a slow real estate market spanning through 2009 as indicators such as the Case Shiller report as showing even greater weakness in the market. Daniel Mudd predicts the slowdown lasting longer than many other prognosticators, but interesting enough recognizes that …
East Haven Connecticut Housing Official Charged With Stealing $173,000
A Connecticut Housing Official and her husband is now charged with stealing Section 8 housing money from the East Haven housing authority. The amount of 173 thousand dollars was taken through a debit card that Cassandra Ashe illegally obtained.
I do hope she gets what she and her hus…
New York City Real Estate Tax Revenue Down
Local government officials must be getting nervous if they are reading this story. New York City is one of the few hot warm spots in the real estate market and is showing a significant weakness in tax revenue collection. What are the mayors of Stockton and San Diego thinking as they t…
Worst Public Housing In America? How About Soldiers Housing At Fort Bragg
If the conditions shown in this video were to happen in any rental property in the country the landlord would be facing a condemnation notice. Instead our soldiers coming back from a 15 month deployment are facing these living conditions.
This has got to stop. No matter your feeling on the war, and…
K&B Founder - Home Prices Could Drop 20 Percent More
Into the gloom and doom of the housing market comes this tidbit of knowledge from one of the founders of K&B Homes. Eli Broad is thinking that home prices could drop another 20 percent over the next couple of years.
I bet the folks in the corporate offices of K&B are gru…
United States Has 129.4 Million Homes- 18.6 Million of Whom Are Vacant
The United States real estate market has an inventory problem. When there are over 18 million empty homes across the country we have no reason to continue to build new homes. If this were a logical marketplace we would tell builders to take a 2 year moratorium until absorption met demand.
Inst…