From the October 6, 2009 PBS “News Hour.”
One sees this every day. Storefronts on Park Avenue South where overpriced restaurants sat two years ago are empty with “For Rent” signs, something one never saw in such neighborhoods. Traditionally in NYC, property changes hands in private deals, never through the posting of rent signs. With 1% down payments, commercial real estate makes the subprime meltdown look outright responsible.
Duration : 0:5:53
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Tags: Celente, City, Collapse, commercial, depression, economic, estate, Faber, Gerald, Hour, Jim, Manhattan, Marc, midtown, mortgages, new, News, over-leverage, PBS, peter, real, recession, rogers, schiff, subprime, York Posted in realestate one of |
November 27, 2009 - 10:45 pm
Buy one get one free. What happens when the neighbors see the comps? Jingle Mail to the max. Will the county reassess all the homes in that community 1/2 off, and lower their taxes accordingly? How is that good for the tax base?
Duration : 0:2:34
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Tags: Bust, Cape, Collapse, Coral, estate, Foreclosures, Fox, News, Price, real, subprime Posted in realestate one |
November 5, 2009 - 11:00 am
This video is from the show Open House on CNN. Homeowners in trouble facing short sale or foreclosure should be careful when answering to unsolicited mail, phone calls or emails. A HUD representative and a legal services representatives explain what homeowners should watch out for and what to do.
More info at:
sccrealestateuncensored.com/2007/foreclosure-scam/
micasamidinero.com/2007/foreclosure-fraude/
Duration : 0:4:51
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Tags: adam, advance, assistance, casa, caught, council, countrywide, credit, david, debt, dinero, estate, expert, fee, fha, fhc, finance, financial, florida, foreclosure, fraud, freeze, help, home, house, housing, jack, late, legal, loan, loans, loss, management, mi, micasa, micasamidinero, midinero, mitigation, modification, modifications, mortgage, moussa, negotiate, no, on, payments, prevention, proceedings, programs, rate, real, refinance, sale, scam, sccrealestateuncensored, short, silverstone, skolnik, stop, subprime, tape, tax, tila, uncensored Posted in realestate one mi |