Blog Posts in May, 2009
Posted on May 27, 2009 By John Joseph
With the onslaught of foreclosures, and with some investors trying to capitalize on the bargains at a foreclosure sale, some are finding out about the pitfalls of such a purchase. A reminder of one ...
Continue reading "Investors Beware: A Purchaser at a Foreclosure Sale Shall Be Punished in Contempt for Failure to Complete the Purchase Even Where There is A Mistake" »
Posted on May 22, 2009 By John Joseph
With the downturn in the residential real estate market, some investors are exploring fracture condo deals. Fracture condos describes a condominium complex where some units have sold, but the bulk of ...
Continue reading "Fractured Condo Deals: Investors' Delight or Disaster?" »
Posted on May 18, 2009 By John Joseph
Single-family home builder's confidence in the market improved in the month of May according to the National Association of Home Builders/Wells Fargo (NAHB) Housing Market Index (HMI), released today; ...
Continue reading "Housing Affordability Surges To Highest Level In 18 Years While Builder Confidence Continues To Rise" »
Posted on May 15, 2009 By John Joseph
According to the Mortgage Bankers Association 2009 Quarterly Survey, commercial and multifamily mortgage loan originations is 70% lower the first quarter of 2009 compared to the previous year. Lower ...
Continue reading "Commercial and Multifamily Mortgage Loan Originations 70% Lower 1st Quarter of 2009 compared to 2008" »
Posted on May 13, 2009 By John Joseph
A hidden haven for wildlife and birds in the midst of an industrial landscape is about to be transformed into an Audubon Center. With ground breaking occurring in May 2008, Grange Insurance Audubon ...
Continue reading "An Ecology Center in the Center of a Major American City? The Whittier Peninsula" »
Posted on May 12, 2009 By John Joseph
Our Real Estate Department has just posted a new article about Real Estate Appraisers: The Violations; The Complaint Process; The Disciplinary Action; The Decision. See---> ...
Continue reading "New Article about Real Estate Appraisers" »
Posted on May 12, 2009 By John Joseph
Our Domestic Relations Department has just posted a new article about Modification of Spousal Support and Child Support. See---> http://www.josephandjoseph.com/article17.html
Continue reading "New Article about Modification of Spousal Support and Child Support" »
Posted on May 12, 2009 By John Joseph
St. Croix is one of three major islands in the Caribbean constituting the United States Virgin Islands. St. Croix is the largest of the U. S. Virgin Islands. Just as beautiful as the other islands, ...
Continue reading "Not all of the U.S. is in a deep real estate recession: St. Croix, USVI" »
Posted on May 11, 2009 By John Joseph
Aha Trio bridges the gap between young/old, classical/modern music. Three Julliard trained sisters took the stage at the Southern Theatre and captivated the audience at the 30th anniversary ...
Continue reading "ProMusica 30th Anniversay Gala: Amazing performance by Ahn Trio." »
Posted on May 7, 2009 By John Joseph
With all the press on the subprime residential foreclosures, the commercial market has not received as much press. Commercial delinquencies are at an 11 year high. The problem relates to the ...
Continue reading "What About Commercial Real Estate? The Woes: Leveraging a Thing of the Past" »
Posted on May 6, 2009 By John Joseph
A Purchase Money Deposit is Always Best in Escrow with a Third Party, even if there is a well known or trusted developer's name on the project. It is typical in a Residential Real Estate Contract ...
Continue reading "A Purchase Money Deposit is Always Best in Escrow with a Third Party" »
Posted on May 5, 2009 By John Joseph
It is time to buy! If you subscribe to this theory, you are in good company. Yale professor, Robert Shiller, who predicted the market's collapse, recommends that it is time to buy stocks and real ...
Continue reading "Investors Should Brave The Risk of "Economic Chaos" and Buy Stocks and Real Estate" »