National Moratorium on ForeclosuresSurprise, Surprise . . . the same banking behemoths that recklessly originated trillions in dubious mortgages — fuel for Wall Street’s securitization juggernaut — are apparently now running roughshod over the rights of delinquent borrowers as they seek to foreclose on their homes. How big a problem is this? And who’s going...Read More
Law of Diminishing Returns If you don’t like technical, legalistic real estate posts — stop reading here. Earnest money (called “unrest money” by at least one recent Buyer) plays an overlooked but critical role in every real estate deal. Typically 2% to 5% of the purchase price, given by the Buyer to the Seller as...Read More
