Pattie's Blog

Hi,Its that time of year again - TAX TIME!  I didnt' see this posted, but didn't spend an hour looking either so if this is duplicate information please forgive......It just came to my attention that many people who bought homes around 2004-2006 timeframe may be able to have their property tax va...

Hi,I last posted about a plan Bush was working on, that would rescue thousands of homeowners facing foreclosure by helping them refinance into more affordable loans.  Supposedly the Federal Housing Administration would encourage lenders to forgive a portion of these loans and issue new, smaller l...

The administration proposal, which will be formally unveiled in a speech Monday would designate the Fed as the primary regulator of market stability.  The plan proposes a business conduct regulator who would be in charge of overseeing consumer protection issues and eliminate the distinction betwe...

Hi,I thought you might find this Bloomberg article interesting - another proposed solution to the mortgage/housing mess. Here's a small excerpt:".........The only tool left may be for the Fed to help facilitate a Resolution Trust Corp.-type agency that would buy bonds backed by home loans...........

Well Halloween is over and its Christmastime already.  The bird just doesn't get his holiday does he?  Truth is I love Thanksgiving now that I've figured out how to brine a turkey.......In all seriousness, this is the time of year when a lot of people become very generous, thinking about the home...

Realtor magazine states that the 11 markets with a greater than 50 percent risk in the second quarter that home prices will fall are:Riverside-San Bernardino-Ontario, Calif.Las Vegas-ParadiseSanta Ana-Anaheim-Irvine, Calif.Phoenix-Mesa-ScottsdaleLos Angeles-Long Beach-GlendaleWest Palm Beach-Boca...

Hi,I'm working on some documentation to share with my clients and thought I'd share this here as well.---------------------------------------------------------------------------------------------------------------------- The lender will provide a good faith estimate of all closing costs. If you u...

Hi,I'm doing another little research project and need your help again.  You were all so awesome on giving me perspective on the last homework assignment that I thought I'd come here to get input on this one too (especially since I have no experience with this particular subject).  I need to find ...

More people are choosing to rent, not own, which is great news for landlords and investors.The top five highest rent increases are in New York City, where 80% of the population rents, Seattle, San Francisco, Oakland and Orange County, Calif.  Other cities ranking high for rent increases are Salt ...

You probably already know this, but I'm pretty excited about it so I'll share it here.Yesterday the The U.S. House of Representatives voted to get rid of a tax burden for home owners who have had a loan forgiven or foreclosed on because they were unable to make their mortgage payments. The Mortga...