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Archive for the 'bailouts' Category

16
Jan

Anatomy of a foreclosure

My wife, while visiting her sister, had a conversation about a house down the street from the sister that had been listed for sale for many, many months in Orange County, CA.  List price started very close to $800,000, then drifted down to it’s last FSBO price of $649,000.
That’s all well and good, but when [...]

15
Dec

Fred Thompson on Bailouts

Fred Thompson on Bailouts

10
Dec

Now they have bailout questions?

Lawmakers and a watchdog charged with overseeing the government’s $700 billion financial sector rescue plan peppered the Treasury Department with pointed queries Wednesday in a bipartisan display of skepticism over the management and direction of the program.
Members of the House Financial Services Committee challenged the administration in the final weeks of the Bush presidency, complaining [...]

20
Nov

Foreclosed homes and their effects on market value

With many different proposals for bailout funds to be used in different ways, a common thread is the preservation of home values by preventing a glut of foreclosed homes in some areas. There are some predictions that roughly one third of all homes listed for sale at the end of the year will be [...]