Well turns out that another source disagrees with that super fly nickname and is disputing the Southern city’s A grade review. According to Travel and Leisure magazine’s. Atlantans are after all. Even though the city is fertile ground for singles the picking may not be that pretty. The T&L survey found that out of 25 cities. The city was also bottom of the barrel in terms of athleticism and style. Ouch.
This conflicting information really sent me for a loop so I decided to investigate further. A closer investigation of the Forbes scorecard revealed that Atlanta received an abnormal amount of points in the online dating category. Not to make any judgments about online dating but … draw your own conclusions.
In defense of all you Atlantans out there. T&L did give you high marks for affordability. Hey if low cost of living is what turns you on then Atlanta is still #1.
Watching foreclosure numbers and reading reports each month is like watching a slow-motion train wreck — it’s big it’s slow and it’s ugly. In the past year. 14.5% of all U. S real estate transactions were by people buying foreclosed properties and the highest percentage belonged to those in California specifically and according to the.
No doubt that foreclosure touches all of us in very strange ways. We believe that if you. Then we heard that foreclosures are affecting business at legal Web site too (disclosure: is on the Avvo board). But their biz is being affected in a good way. (right) said searches for foreclosure lawyers and info about foreclosure on Avvo spiked by 700% since the first of the year and “…it is clear that a lot of Americans are hurting on the financial front.”
The nice thing about Avvo is that they offer a Q&A section called in which you can ask any ‘ol embarrassing question you want — anonymously if desired. Britton said “…most consumers are intimidated by the legal profession and have no idea how to engage. Too many big words complex processes and old men in black robes…” so this anonymous tool is kind of nice to get some rudimentary information up front for free without walking into a stodgy lawyer’s office.
Avvo is getting a lot of questions about buying foreclosed property too. So it does cut both ways — people are suffering from foreclosure but there are many people and businesses that are benefiting because of it. Kind of like the “” that have emerged or the uptick in. Or people who couldn’t previously afford to buy a home are suddenly in the market buying foreclosed property. Zillow offers - just type in a location in the search box. Under “Listing Type” on the left-hand side click the “foreclosure” button to see foreclosed properties for sale.
This has not been a good news week for homes in the Pacific Northwest. First there was the. Now comes word that a house in was.
On Wednesday morning homeowner Doug Henderson was in his garage when he saw a blue blur careening towards his front door. The truck slammed through the front of the house pushing it off its foundation. Luckily nobody was hurt. The driver had been outside collecting garbage bins at the time and neither Henderson nor his dog who has inside were injured. The house didn’t fare as well. They’re betting the only thing holding it up is the truck. Sadly. Henderson and his wife built the house only two years ago calling it their dream home.
According to (via the former estate of just took a price reduction from $125 million to $95 million. Dunnellen Hall as the home is called rests on one of the highest hills in Greenwich and is said to have distant views of Long Island Sound. History shows it was and was home to a series of owners who seemed to be affected by misfortune. This includes Helmsley who spent 19 months in prison starting in 1989 for tax evasion and illegal billing from the remodeling work done on Dunnellen Hall always accompanied by her Maltese “Trouble,” and the settlement of the estate is said to be earmarked for agencies and services dedicated to dogs.
): Glorious iron gates open through classic stone walls at the entrance. Ornate light posts line the broad driveway sweeping through lovely open rolling lawns past the columned pergola to the spectacular walled courtyard with a magnificent 70-foot marble reflecting pool with a three-tier fountain - it is a sublime approach to this wonderful manor… For the ultimate in opulence take a look at.
About the house: Casa Casuarina was built in 1930 and designed after in Santo Domingo a residence built in 1510 by Diego Columbus son of Christopher Columbus purchased Casa Casuarina in 1992 for $2.9 million. On the morning of July 15. 1997. Versace was returning home after buying magazines just a few blocks away when he was shot and killed on the steps of his home by Andrew Cunanan. Communications billionaire Peter Loftin purchased Casa Casuarina in September 2000 for $19 million and converted it into a.
whose dad put the “Goldwyn” into “,” who produced such films as “Mystic Pizza” and “The Preacher’s Wife,” and whose son is Tony Goldwyn the villain “Carl Bruner” in “Ghost,” is selling his two-acre. 10,982 square foot. 6-bedroom. 5-bath home which is the. [Source: ]
— First time ever on the market. Exquisite classic traditional architecture set on two beautiful Beverly Hills acres nestled on a quiet cul-de-sac just behind the Beverly Hills Hotel. This superb residence has an ideal floor plan including fabulous patio loggias and wonderful yard exceptional solar heated pool patio and pool house. Sunken lighted professional tennis court is adjacent to lush fruit orchard. The main residence greets you with an elegant staircase lovely galleria perfectly scaled rooms. 35 MM paneled projection room. Main level also offers 2 room guest suite with private entrance and patio. Grand master suite with veranda. 3 additional bedrooms upstairs gym eating area / study kitchenette laundry room. Over sized cook’s kitchen which is ideal for extensive entertaining. Generous formal dining room lined with French doors leading out to lovely trellis covered brick patio. Large garage guest apartment. Double over sized motor court. Sparkling city lights. Once in a lifetime opportunity.
In the presidential debate last night. John McCain referenced his new plan to help alleviate problems in the real estate sector (that have since cascaded into the mortgage market and now the wider credit market). Essentially means that the government would purchase qualifying loans from the banks (at the cost of the current mortgage) re-issue new FHA-backed loans to homeowners (at the current market value of the home) and absorb the difference between the current mortgage and the current value (i e. the amount of negative equity in the home).
McCain estimates that his plan may cost as much as $300 billion which actually seems quite low given the amount of negative equity out there right now at the end of there was approximately $676 billion of negative equity across all U. S single-family homes (of which there are about 84.5 million in the U. S.). This cumulative amount is composed of about 11.7 million single-family homes that are underwater and an average of about $58,000 in negative equity for each of these homes (median negative equity for homes underwater was about $33,000).
To be eligible homeowners must be delinquent in their payments already (or be likely to fall behind in the near future) must be living in the home (and it must be their primary residence) and they must prove their creditworthiness at the time of the original loan (which apparently translates into no falsifications on the original mortgage application and a substantial down payment at purchase time).
McCain’s current plan differs from the program signed into law back in July which allowed for new FHA-backed loans to be given to homeowners who were underwater on their mortgages (loans at 90% of the current value of the home) and required lenders to absorb the difference between the current mortgage and current home value. In his current proposal. McCain apparently envisions taxpayers eating this difference.
It also differs from the Paulson plan signed into law last week which allows for the purchase of mortgage-backed securities. Under the Paulson plan lenders would get to unload the assets (via auctions) at prices far below their original value but at prices greater than the markets are currently valuing them. But homeowners with underwater mortgages don’t get any direct relief. Instead these homeowners under this plan benefit from the inflow of capital into the market which allows lenders to start to make loans again which in turn will allow some homeowners in trouble to refinance into a more sustainable mortgage.
• It benefits those homeowners who assumed the most debt closest to the height of the real estate bubble.• It could create an incentive for more homeowners to default since they could then qualify for a reduced mortgage versus having to continue paying on an underwater mortgage.• It places the full burden of relief on taxpayers but taxpayers get no potential upside benefit. The individual homeowners and lenders would be the ones to see benefits under this plan and the government (and taxpayers) would take an immediate write-off. But under the Paulson plan the government will hold onto those mortgages and those assets will likely regain their value over the long-term thus ultimately providing some benefit to taxpayers.
Now here’s an interesting concept I came across in : If you’re thinking about forgoing your home improvement projects due to the economic downturn consider thinking less like a homeowner and more like a college student.
No. I’m not talking about decorating your house with empty pizza boxes. But how about taking some of the fundamentals of the fine art of dorm decorating and repurposing them in your own home? With a bit of creativity (and some elbow grease) you can spend a lot less on your project and end up with a room that doesn’t look cookie-cutter. Be fearless as the article says:
First and foremost is fearlessness. You’d be embarrassed if your friends knew you’d gotten a piece of furniture off the street. College kids call up their friends to get their help carrying furniture home from the street and brag about it. Many are genuinely concerned about recycling and the environment and delighted when they can turn construction cast-offs into the trappings of home.
Sure some of the projects featured in the article are a bit avant-garde (such as the ) but some of them are pretty ingenious. Styrofoam trays transformed into made of wood and galvanized pipes as candleholders with a coat of paint and shellac. Okay maybe the is best left to the students.
The main messages here aren’t actually that new — many lists of focus on salvaging and do-it-yourself. But it’s a good reminder to think outside the box and be open to new ideas (Dueling Digs is a great place to look for inspiration). Think creatively. And sometimes it pays off to think like a student.
Homeowners in a hilly southwest area of Portland woke up this morning to the sights and sounds of their forcing them to evacuate during a weird slow-motion landslide. The home on is said to be on a 45-degree hillside and recent rains may have caused the slide. This (the audio starts at 0:24) shows part of the driveway still intact but the scene of devastation down the hill involves the house concrete slabs and a car.
The LA Times reports that actor and smoke inhalation when he escaped a fire that broke out in his house Tuesday morning. Damages to are estimated to be $1.5 million started in his office area spread to the living room and the kitchen causing heat and smoke damage. Nolte tried to extinguish the fire with a garden hose but was outmatched and then called 911.
Interest rates were most often cited as a financial worry by U. S adults who plan to buy a home within the next two years according to a survey which was fielded by Harris Interactive. Sixty-eight percent of adults who plan to buy a home in the next two years said interest rates were a concern while 63 percent said local property taxes were a worry and 57 percent cited purchase price (respondents could choose more than one answer).
Of those planning to buy a home within the next two years. 94 percent said they had at least one financial worry about buying a home.
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http://findforms.blogspot.com/2008/10/foreclosuresdata-tracker-blog.html
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