Comments on: Birmingham School District Landlords, Didja Know…

By: Registering Your Child for Birmingham Public Schools | miOaklandCounty.com

Registering Your Child for Birmingham Public Schools | miOaklandCounty.com — Sat, 15 Mar 2008 00:42:12 +0000

[...] is time to enroll our daughter in kindergarten, and the enrollment requirements surprised me. As I reported earlier, Birmingham Public Schools are applying stringent tests to ensure that the students who attend are [...]

By: Homes For Sale In Blue Ridge Georgia

Homes For Sale In Blue Ridge Georgia — Mon, 10 Mar 2008 12:13:50 +0000

Many areas have added a lottery ticket sales to offset school funding and this may be an option also. It sad that we don’t first invest in our schools as they hold the ability to form our upcoming students who will be our future.

By: Kristal Kraft.Denver Real Estate

Kristal Kraft.Denver Real Estate — Tue, 04 Mar 2008 02:14:25 +0000

Interesting differences in your “Homestead” terminology. In Colorado it has to do with an exemption of property from the reach of creditors. We typically have protection in the amount of $45,000 creditors cannot touch.

The redemption doesn’t help with homeowners in default on the mortgage. Guess too many people took advantage of the mortgage companies, because now most mortgages require the Homestead rights to be waived at time of closing.

The state hasn’t figured out how to tie it in with taxes. Shhhhh!

By: Carole Cohen

Carole Cohen — Tue, 04 Mar 2008 02:03:43 +0000

Okay this fascinates me because we have homestead tax laws too; but I think they automatically rescind at time of sale. Here (unless I am wrong, now I am going to have to check) you have to reapply if you are the new owner and homestead would be appropriate for you.
It all just goes to show you how everyone needs money! Great info

By: Russ

Russ — Sat, 01 Mar 2008 15:31:38 +0000

Th term is Floplord

It is only going to get worse here as more foreclosures flood the market combined with the retiring baby boomers selling their homes to move south and everyone who is losing their manufacturing jobs selling their house to leave.

This is pretty much a working class area where most people who own homes only make about 20.00 an hour. You tell me how they were buying 250-400K homes for the past couple years.

The answer is the flood of advertising by ROCK Financial and Quicken Loans offering Neg-amort mortgages, Zero down, Quick And Easy no document loans, Interest only, you name it… There was a commercial on every 30 seconds for these exotic morgages. Now the arms are adjusting, people are losing jobs, and the glut of houses are coming onto the market lowering prices.

I don’t care where you live. Prices are going to come down to 2001 levels for sure and maybe even lower.