Wants, Needs — & Deal Breakers I’m currently representing Buyers who prefer at least 3 Bedrooms on one level, because they have little kids. So, an otherwise suitable home that I previewed for them was a pass, because the kids’ bedrooms were on the lower level (I was hoping the home’s other strengths would offset...Read More
The Fannie/Freddie Dilemma, Cont. No Government-Sponsored Entity (“GSE”) can serve two masters. –New Testament OK, so that’s not exactly how the Biblical quote goes. But it’s an apt description of the conundrum facing would-be reformers of Fannie Mae and Freddie Mac, the two now-state wards that buy or guarantee a stunning 96% of all U.S....Read More
Legacy Losses — or Fresh Red Ink? If a sweater was 96.5% navy, do you think it would look navy-colored? And if a chocolate bar was 96.5% dark chocolate, could the manufacturer bill it as dark chocolate? And if the chance of precipitation was 96.5% . . . would you carry an umbrella? What’s with...Read More
