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Author Archives: Lane Bailey

So, how does one get property at a deal price?

I wrote a post not long ago about about foreclosures, and how they aren’t always the great deal people make them out to be.  That led to two things…

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That’s why we play the game…

I am hearing a score of different opinions about how this rescue or that bailout is going to affect the credit market, stock market or housing market.  Seldom do the agree… most float to the extremes:

  • It won’t have an effect at all, it is wasted money
  • If we don’t, the world will crash down around us

And yet, here we sit on a VERY down Dow (could turn tomorrow) and a still frozen credit market.  Of course, the programs take a little time (at least the proponents tell us that) to get rolling.

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Sneak Preview of my Market Report for Gwinnett County

I will have the Market Report for Gwinnett County in the next day or two, but I thought I would leak a little of the information. 

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Have you been left wondering how we’ve gotten here?

There are so many things going on in the world of finance right now.  I know that you are hearing about things like:

  • Mark to Market
  • Credit Market Freeze
  • Derivatives
  • Sub-Prime Mortgage Meltdown
  • Mortgage Backed Securities (MBS)

And there are a hundred more… 

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Oh, just short sell it…

I don’t like to write about short sales, because people will find the post through Google… but this is important.

While I was wandering through a neighborhood grocery store here in Lilburn, GA, I overheard a conversation.  I wasn’t liking what I was hearing.

Two folks were talking about

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