Maid-Turned-Realtor Masterminded Las Vegas Mortgage Scam, Prosecutors Say Oct 31, 2008
Like Hayward, Gonzalez was faced with buying a house he thought he owned already. With help from Garcia, he negotiated a deal with the bank to buy it for $280,000. (Bloomberg)
Obama Win Wouldn't End Racism -- but It Could Be Beginning of Its End Oct 30, 2008
The vast majority of blacks believe racial discrimination is pervasive when applying for a job, renting an apartment or buying a house, eating at a restaurant or shopping. At the same time, a majority of whites say that blacks rarely face bias in such situations. (Washington Post)
Guy does a number on gay pal Oct 30, 2008
Recently, I told him that I was in love with him, and he told me that he isn't into guys, but then he started talking about us buying a house together, going on vacation to Hawaii together, etc. In the time we have lived together, he hasn't had any romantic relationships with females. (Fresno Bee -- Lifestyle)
Don't let low rates tempt you Oct 30, 2008
"We identify organizations that do have money and direct residents to them."Durham, similarly, has sponsored workshops and forums to advise people on how to avoid foreclosure, Beverly Thompson, a spokeswoman for the city, said: "We work with community partners" -- including N.C. Central University, Sun Trust Bank and the Durham Housing Authority -- "to help people get information and understand their rights."The people to whom SERA hopes to toss a life vest before they're even in the water are... (News & Observer)
Tsunami and its wide-ranging Ripple effect Oct 29, 2008
For instance, a person may resist buying a house or consumer durables on hopes that prices will fall further; this, in turn, slows down the pace of growth. Similarly, the service sector would also be affected, as demand may come down due to the slowdown. (India Times)
CNN rejected Obama ad; FOXNEWS not asked... Oct 29, 2008
CNN rejected Obama ad; Fox News not asked--The Live Feed. CNN rejected Obama ad; Fox News not asked. (The Drudge Report)
Sharing the Sharia: Alternative to capitalism? Oct 29, 2008
Sharia compliant products include Ijara, a way of buying a house through a lease and subsequent ownership, rather than through a mortgage. Others are Musharaka, the sharing of profits and losses, and Murabaha, under which the seller declares the profit margin being made on the sale of a commodity. (iAfrica.com)
Somerset looks to kickstart gas leasing Oct 28, 2008
On Monday, the council unanimously voted to have Solicitor Jack Dirienzo draft a request for proposals from companies that might be interested in leasing 300 acres of borough gas rights in Jefferson Township (Somerset Daily American, PA)
Buying a computer for Christmas? Here's some tips Oct 28, 2008
You wouldn t think of buying a house or a car without trying to bargain. But almost no one tries at a consumer electronics store. (Atlanta Journal-Constitution -- Business)
Taxing questions Oct 28, 2008
About the only way to make itemization worthwhile is to be up to your ya-ya in debt, usually incurred by buying a house. So, how is it fair to force someone else to pay for your house. (Longview Daily News, WA)
Sales of new homes rise 2.7% Oct 28, 2008
"If it takes a couple more months and people are still saying, 'I'm not buying a house,' we've got another step down to go.". Posted. (USA Today -- Money)
Obama leads McCain in Iowa poll; more voters say they trust Obama on economy Oct 27, 2008
a lot of people were told by so called "experts" that the smartest investment they could ever make is buying a house. Many. (Waterloo-Cedar Falls Courier)
The Millionaire in the Next Cubicle Oct 27, 2008
Stay informedIf you want to retire in style while meeting important near-term goals like buying a house or funding a child's college education, it pays (literally. to stay up to speed on your options for getting those jobs done. (MSNBC -- Business)
Is It Time to Sell? Oct 27, 2008
I don't recall buying a house or even furniture, either. (You'll see how this is relevant in a moment, believe it or not. (MSNBC -- Business)
Hunting for a foreclosure? Oct 26, 2008
"If I'm buying a house, I want to know if there's a foreclosure two doors down," he said. Still, even Redfin or the online sites of other local real estate brokerages cannot control the underlying information they get from other listing services. (Boston Globe)
A nation's issues seen through Nevada's eyes Oct 26, 2008
When she came here, she had dreams of buying a house, but now is more concerned that she can't afford health insurance for herself or her children. "If I have to go to the hospital, well, I have to go, but if it doesn't come to that, I just don't go. ... There's Tylenol or bed rest," she said. (San Francisco Chronicle -- Politics)
Market bargains, a long horizon present a great opportunity for young workers Oct 26, 2008
Part of that trend likely comes from young people's interest in making major purchases like buying a house or car, and retirement is not among their higher priorities, Carson said. "Young people with money are surprisingly more conservative than they should be," he said. (Athens Banner-Herald)
• Events calendar Oct 24, 2008
Doors open at 7:15 p.m. The production is about a brother and sister buying a house with a questionable past ... Doors open at 7:15 p.m. The production is about a brother and sister buying a house with a questionable past. (Burley South Idaho Press, ID)
Help for Ill. banks good for economy Oct 23, 2008
Consumers have had reason to fret over their ability to borrow money for needed expenses purchasing a car, making needed repairs or home improvements and especially buying a house. Anything that helps that cause is a noble effort. (DeKalb Daily Chronicle, IL)
U.S. mortgage applications sink to 8-year low Oct 23, 2008
A lot of individuals are just not thinking about buying a house now, said Stuart Hoffman, chief economist at PNC Financial Services Group in Pittsburgh ... For most people, they don't feel this is the right time to be buying a house, either because the price is going to come down or they can't get a mortgage or they don't feel real secure about their job future or income prospects, Hoffman said. (San Diego Union-Tribune)
American dream about fruits of labor Oct 22, 2008
I always thought the "American Dream" (buying a house, car, etc. was for folks who worked for a living and could pay off their loans. (The Augusta Chronicle)
Vegas feeling squeeze of financial crisis Oct 21, 2008
She has postponed buying a house and is reading the writings of spiritual teacher Deepak Chopra. "I know how to save money. I'm not a dumb stripper.". (Honolulu Advertiser)
Don't Invest Another Penny Oct 20, 2008
Here's something to at least considerIf you balk at buying a house in the Hamptons for some guy you don't even know, try Stock Advisor free for 30 days instead. David and Tom can't guarantee you 18. (MSNBC -- Business)
McCain suggests Obama tax policies are socialist Oct 19, 2008
If you still believe that anyone can get ahead, try buying a house in an area with good schools with the income of someone making the minimum wage. I do not believe in socialism, but unfettered capitalism is what got us in the mess that Wall Street is in right now. (The Pantagraph newspaper)
J.F. Shinn: McCain will make us strong Oct 18, 2008
It's always somebody else's fault, whether buying a house you knew you couldn't afford or allowing yourself the laziness of casting a one-issue vote - or worse, voting on emotion. The latter especially are egregious because they dilute thoughtful votes. (Athens Banner-Herald)
Losing Las Vegas Shows How Americans Crap Out in Housing's Biggest Casino Oct 17, 2008
She has postponed buying a house and is reading. I know how to save money. (Bloomberg)
COLUMN: I can see what the temp is in every room, even during the night Oct 16, 2008
Buying a house is totally worth that four-letter worse-than-a-curse-word word ( move, in case I babbled too much and you lost track there). But boy, there is no better way to find out how much junk you have than to move. (Mattoon Journal-Gazette, IL)
No need to panic Oct 16, 2008
China is now very much a part of the global economy (The Star Online, Malaysia -- Business)
Tim VickeryINSIDE SOCCER Oct 15, 2008
His kids are inspired by the dream of the Rio poor boy: not only scoring a goal and having the stadium chant his name, but also buying a house for his mother, driving a flashy imported car and having a glamorous girlfriend, preferably blonde. Some of the boys are 10 years old and wouldn't be able to find Europe on a map. (SportsIllustrated.CNN -- Soccer)
Family faults antimalaria drug in suicide Oct 14, 2008
He was buying a house in Houston. He was known for his upbeat attitude, and he loved serving in the military, having also done a tour in Bosnia. (Boston Globe)
Perfect world would bypass both Obama and McCain Oct 14, 2008
" chester11 wrote on Oct 13, 2008 9:01 PM:" Bat - " Yeah, well, Clinton lied and brought us 9/11. So, yeah, Clinton lied and people died. Christopher Dodd and Barney Frank and Chuck Shumer and Maxine Waters and whole host of other Democrats lied and brought us the Fannie Mae/Freddie Mac meltdown.For the last eight years we've endured the Democrats and their pals in the main stream press insulting, lampooning, impugning, and lying about the integrity and intelligence of the president, and... (Waterloo-Cedar Falls Courier)
Tips for boosting your credit score Oct 14, 2008
-- The days of buying a house -- credit score unseen -- are over. Just a few years ago, homebuyers borrowing through the Federal Housing Administration did not have to have a specific credit score, which is a number credit bureaus calculate and lenders use to consider someone's ``creditworthiness. (Bismarck Tribune, ND)
Credit crunch hits Bay Area housing market hard Oct 13, 2008
"People are going to be more cautious about buying a house if they're afraid of losing their jobs." ... "Buying a house is a long-term investment," said Avram Goldman, chief executive officer of Pacific Union GMAC Real Estate in San Francisco. (San Francisco Chronicle)
Munster reopens bridge over Little Cal after complaint by Hammond mayor Oct 11, 2008
Dave wrote on Oct 11, 2008 3:04 PM:" I am considering buying a house in that neighborhood, so i can visit my daughter and granddaughter who live on the north side of the river. However, without that bridge, i should just stay in griffith. I would like to thank all the politicians for acting like complete morons in this issue. I guess my money and I will remain in Griffith. ". Shoreline wrote on Oct 11, 2008 8:25 AM:" Bravo to "Stay in South County"! I hate strip malls with those cheap looking... (Northwest Indiana Times)
More of this story Oct 11, 2008
"If you think there's a chance you're going to have to move in the next year or two or three to find a job in another part of the country, then I think buying a house is a very risky bet," Green said. "If you have really long horizons at the moment, I think we're pretty much there [in terms of prices]. Let's put it this way: If I were a new assistant professor and had no idea if I was going to have a job in six years, I'd be renting.". (Los Angeles Downtown News, CA)
Carlos up close Oct 11, 2008
If you think an adjustable ARM is something an amputee has, you shouldn t be buying a house, he said. We re making every excuse for these people. (Rapid City Journal, SD)
Girl, 14, pleads guilty for her role in vicious attack on teen Oct 10, 2008
With talk of the dreaded R word going around, there may be a few people who will hold off on buying a house. editor's picks. (Metro Canada - Halifax)
Coldwell cuts prices to sell homes Oct 10, 2008
Background: With San Diego's median home price down more than 25 percent from a year ago, Realtors have had trouble getting people interested in buying a house. The credit crunch hasn't helped. (San Diego Union-Tribune -- Business)
High tension at Lodi Wal-Mart meeting Oct 10, 2008
citizen wrote on Oct 10, 2008 9:06 AM:" To: edumacation, What exactly does you post mean with you talking about buying a house and the dancing pickle etc? Did I say I needed a job. Did you read the post? Please dont drink and type. I think it's funny how all you people claim you would never shop at Wal-Mart, but you all know exactly what its like in the Lodi and Stockton stores. I love Wal-Mart. If you dont like it, DONT GO THERE. Is that so hard? ". Lodian wrote on Oct 9, 2008 11:03 PM:" Citzen... (Lodi News Sentinel, CA)
Mortgage meltdown: The unintended consequences Oct 8, 2008
What 105-percent mortgages meant was that foolish banks had lent to foolish people (at very low interest rates) not only the entire capital for buying a house or apartment without the purchaser putting up funds, but an extra 5 percent to, say, improve the kitchen. This foolishness was not confined to Britain, although its habits of excess may have gone beyond all others. (International Herald Tribune)
Union seeks court order to stop Pontiac prisoner transfer Oct 7, 2008
Buckeye wrote on Oct 6, 2008 8:32 PM:" Prision Guards, your options are limited complaining has not worked . Just make the best of your transfer , be the first to sell your house and you will get the best price , also buying a house in Iowa will be cheaper if you get there early. Or get a bunch of guards Buy the prision from the state and start one of thoes commercial prisions that take criminals from all over like McLean countys overflow. Lawsuits hurt everyone,the union, the guards,and... (The Pantagraph newspaper)
John McCain best man for job Oct 5, 2008
HappyGoLucky wrote on Oct 5, 2008 12:29 AM:" ContinuedI am sick of the oh the sub prime BS... people signed agreements and they can't stick up for them now!!Poor them... damn it I signed my life away when I bought my house, but damned if I don't pay my mortgage!!Sorry if this is harsh, but damn it, people did not have guns to their heads to sign the mortgage agreement they signed!!!Live up to your responsiblity, and next time do the math if you make 2K per month, don't go buying a house that... (DeKalb Daily Chronicle, IL)
Credit crisis Q&A Oct 5, 2008
But for the general public, some of who may be considering buying a house, there are bound to be basic questions about the mortgage market that need answering. Here is the Gazette's attempt to address some of those questions. (Kalamazoo Gazette, MI)
UGA prof explains current economic mess Oct 5, 2008
The cost of that has gone up, or the costs of buying a house or anything. Borrowing is more costly. (Athens Banner-Herald)
Musicians' union Oct 4, 2008
It's a bit like you buying a house but at the end of it, when you've paid for it, the bank manager says 'I own it. " Instead, the body is proposing that artists should own the rights but lease them back to labels, technology companies, or anyone else for that matter, for up to 35 years, as happens in the US. Then there are the deals done by record labels and music publishers to sell music on a range of new digital services. Robbie Williams' deal was done when CD sales really meant something -... (BBC News -- UK)
Berwick: What to Do, Where to Stay Oct 4, 2008
He did many paintings here too, and even considered buying a house in Berwick. Berwick now has a Lowry Trail, which takes visitors around the town, stopping at some of the places Lowry painted. (Suite101.com)
Feeling the credit angst Oct 4, 2008
I wouldn t want to be buying a house right now, but you ve got to live your life and go on, he said. And in between the forced buyouts and financial industry bailouts, business is getting done. (Dallas Business Journal, TX)
Area financial experts weigh in with wariness Oct 3, 2008
ODF wrote on Oct 1, 2008 10:42 AM:" naturally - I have a friend that didn't listen to my advice when the asked for it about buying a house. I told them to do 3 things: 1)Buy a house within (or maybe a little below) your means, don't get the biggest you can afford; 2)Get a fixed rate mortgage and 3) escrow taxes and insurance.They did none of that...they are now working 2 part time jobs in addition to their full time job and stuck in a bad relationship because they rely on the additional income... (Jefferson City News Tribune, MO)
For U.S. women, a battle for morale in fashion capitals Oct 3, 2008
Gripes about scarves and makeup might sound frivolous compared to real expatriate concerns like learning a language or buying a house. But there is much more than fashion at stake, said Claire Jasinski, an American psychotherapist in Madrid who often deals with cultural adjustment issues. (International Herald Tribune -- At Home)
GORDON NELSON: Former Fresnan ran Fannie Mae right Oct 3, 2008
He also believed that buying a house is a serious matter, especially if you have to borrow money to do it. And he was convinced you are not helping a family when you loan them money to buy a house, knowing in advance they do not have the resources to pay the money back. (Fresno Bee -- Opinion)
Editor's Mailbag (Oct. 1) Oct 3, 2008
Dangerous Dave wrote on Oct 1, 2008 2:10 PM:" Good idea, Frank.But this is still a free country and personal responsibility is, at least for the time being, paramount to maintaining that freedom. I'm having a hard time swallowing the Obama statement in Nevada that he talked to somebody that got "tricked" into buying a house. Try using that in court. ". Dangerous Dave wrote on Oct 1, 2008 2:15 PM:" "Now is not the time for blame, but it is the time for action and Democrats and Republicans both... (Albany Democrat-Herald, OR)
Friends should call out DW’ on lifestyle Oct 3, 2008
Your college years are better than starting a career, buying a house, falling in love and having babies. Really. (Albany Democrat-Herald, OR)
Grants to help fix up homes (7) Oct 3, 2008
edumacation wrote on Oct 2, 2008 7:10 PM:" Whjoa Nellie---I Never thought you had PODare to dream: first home Sep 24, 2008
Personal assistant Alysha McIntosh's parents are buying a house on the lower North Shore, which she will "rent to buy". "I'll be paying them rent until my rent has bought the house from them," says McIntosh, 21. (Sydney Morning Herald -- Entertainment)
Polish immigrants returning from U.S. Sep 22, 2008
The books cover topics like buying a house, investing in mutual funds and starting your own business. These days, however, her best sellers are guides to a once-familiar place, Poland, with titles like "Returning to Poland" and "Retirement of a Re-Immigrant in Poland.". (International Herald Tribune)
Mixed reviews of relief plan sent to Congress Sep 22, 2008
Reinhart doesn't know if stocks are a good value now, but he's thinking about buying a house in the next six to nine months. "It's a pretty good time if you have secure funding and meet the conforming-loan limits," he said. (San Francisco Chronicle)
* The Cabinet has got it wrong on mortgages Sep 20, 2008
Is the problem, then, that interest rates are so high that they prevent the public from buying a house ... If more and more people think incomes will not increase or may decrease in the next six months, how could they even consider buying a house. (Taipei Times, Taiwan -- World)
After federal plan, lending will still be tight in Valley Sep 20, 2008
"If you have a home with a sizable mortgage," he said, "you'll be getting that letter in short order."Home loansThe days of buying a house with no money out of pocket are basically gone. Lenders are now requiring homebuyers to invest a minimum of 3% for an FHA loan and 5% for conventional financing. (Fresno Bee -- Local)
Stock Options: Fishing for the Catch of the Day--And the Future Sep 19, 2008
Costello compares the differences between traditional (which expire yearly) and catch shares with the difference between renting and buying a house. "When you own a house you have a strong incentive to invest in it," he says. (Scientific American)
U Kno Who goes hunting Sep 19, 2008
We obviously like the area because my wife and I have discussed buying a house out this way, regardless of what happens, Norton said. You can t play for a better manager than Bobby. (Atlanta Journal-Constitution -- Sports)
David Brooks: The post-Lehman world Sep 19, 2008
It all sounds great (like buying a house with no money down), but do you mind if I do a little due diligence. In the first place, the idea that America's problems stem from light regulation and could be solved by more regulation doesn't fit all the facts. (International Herald Tribune -- Ed/Op)
Thinking Through The Turmoil Sep 19, 2008
Whether one is buying a house (or portfolio thereof) to sell it when the market turns, live in it or to own it as a rental property, it has to be restored to a "livable" state. This typically represents much higher levels of spending than your typical homeowner maintenance budget. (Forbes -- Business)
Read about the demand to market distressed homes here. Sep 18, 2008
Dreaming of buying a house and renting it to his roommates, he applied for and was granted a loan I was sitting on my couch making $800 a month, he said. Hewitt projects his business will bring in $7. (Baltimore Business Journal, MD)
How Financial Madness Overtook Wall Street Sep 18, 2008
There was little fear of buying a house with nothing down, because housing prices, we were assured, only go up. And there was no fear of making mortgage loans, because what analysts call "house-price appreciation" would increase the value of the collateral if borrowers couldn't or wouldn't pay. (Time.com)
Buckle up! Financial ride getting even rougher Sep 16, 2008
People can put off or cancel optional purchases, but the freeze up of the system is now squeezing their ability to make the most necessary decisions, such as taking out a student loan or buying a house. That is why the economy is feeling the pain, said David Kotok, chairman and chief investment officer at Cumberland Advisors, an investment management firm in Vineland, N.J.. (San Diego Union-Tribune)
Archives: Buying A House
