Blog
Posted on Oct 23, 2009 by The Orlando Sentinel |
This is a short and clear description of the short sale process that I thought was interesting. RISMEDIA, October 23, 2009—(MCT)—For buyers, short sales are a way to get a bargain. For upside-down homeowners, they are a way to avoid foreclosure. But for pretty much everyone involved, short sales are not a way to buy a house quickly. But short sales can be anything but short. Unless they wo...
Tagged: short sales, real estate, foreclosures, real estate economy, real estate deals
Posted on Feb 18, 2009 by Mike Geyer |
What a wild ride it has been with the credit meltdown and homebuyer fears this Fall and Winter. The stimulus bill just passed by Congress and signed by the President yesterday is very confusing but let me simpify it for you. First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the...
Tagged: stimulus package, tax credit, first time homebuyers, credit crisis, mortgage meltdown
Posted on Dec 15, 2008 by The Wall Street Journal |
This article is from the Wall Street Journal Saturday Edition of 13 December 2008. This story is told over and over again in Athens. While it is not totally flattering the last paragraph tells it all. Mike Geyer DECEMBER 12, 2008, 5:19 P.M. ET If You're Thinking of Retiring In... Teaching and Tunes Transplants to Athens, Ga., find a top-flight university -- and some of the best m...
Tagged: retire, athens, georgia, music, real estate, florida, active lifestyle
Posted on Oct 14, 2008 by Mike Geyer |
I am being asked this question every day right now, “Can I even get a loan?” If you read the paper and especially if you watch the news on TV you probably think that getting a mortgage is difficult or impossible right now. Well don’t worry; there is plenty of mortgage money out there. I talked to one of my best lenders a couple of days ago and he told me that he has enough money to make a ...
Tagged: athens real estate, athens homes, athens mortgages, athens georgia, athens georgia mortgages, mortgage money
Bailout Blues and New Opportunities
Posted on Oct 2, 2008 by Mike Geyer |
Wow! What a month it has been. We have seen the end a couple large investment banks that were once almost invincible and we have seen the end of AIG (the huge insurance company)in it's current form. While Congress makes up it's mind about the "Bailout" we are all waiting to see what happens to our ability to borrow money and watching our retirement plans and stock holdings lose money. If t...
Tagged: $700 billion buyout, warren buffett, ge, goldman sachs, real estate opportunity
