As the economy sinks and layoffs and mortgage delinquencies rise, many workers are worrying about job security.
For homeowners and home shoppers, a major concern is how to pay the mortgage if they lose their jobs.
“One (lost) paycheck has definitely been throwing a lot of them over the top,” says John Lawrence, who manages Wells Fargo [...]
Monthly Archives: December 2001
Strapped Borrowers Get Some Slack Most mortgage lenders now offer temporary plans to cut payments.
December 1, 2001 – 5:42 pm
CHANGE BEGINS WITH CHOICE & TODAY IS YESTERDAY’S TOMORROW
December 1, 2001 – 5:41 pm
Any day we wish; we can discipline ourselves to change it all. Any day we wish; we can open the book that will open our mind to new knowledge. Any day we wish; we can start a new activity. Any day we wish; we can start the process of life change. We can do it [...]
Buyers Call the Shots in Recessionary Real Estate Market
December 1, 2001 – 5:40 pm
SAN FRANCISCO — Recession is in the air and the evidence is all around: A sagging economy, a 25.6 percent plunge in Bay Area home sales in September. Together, these conditions spell trouble for the residential real estate market, right?Not if you happen to be a buyer.
If this market were a tennis match, the score [...]
The “R” Word
December 1, 2001 – 5:39 pm
This is a follow up article from my October Issue “What Now“
Well, it’s official. The “R” Word has been spoken. We’re in a recession and expected to stay in one until the later part of 2002. What does a real estate investor/buyer do now?
After you’ve popped that bottle of champagne and celebrated our first real [...]
