Senators agree to extend homebuyer tax credit
Personally, I think the govt should do away with this program. I also think they should raise minimum FHA down payment requirements to 10%. Our government punishes savers and rewards the profligates. They should raise the interest rates so that prudent savers receive a return on their investment. Somewhere around 8 to 10 percent seems reasonable to me.
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Lots of info here. You will find Fresno stats as well.
AS SOME TOP METRO FORECLOSURE ACTIVITY RATES DECREASE, NEW FORECLOSURE HOT SPOTS EMERGE IN Q3 2009.
Oh, and — BTW – I could use some year end business.
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5 Charged With Torturing Home Loan Agents – KTLA.
Interesting story. People are pretty fed up. I am confident that much of the Loan Mod industry it pure scam. Be careful out there.
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Check out this front page article in the Fresno Bee and today and check your utility bill.
PG&E denies new ’smart meters’ are inaccurate – Top Stories – Fresnobee.com.
Yesterday a PG&E service man installed a smart meter on our electrical and I told my wife it I thought they already put one on few months ago.
Our bill month before last was GINORMOUS. If we can’t get our utilities under control we wont be able to, or wont want to live in this home.
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A quote from the news article at the bottom:
Even though the feds are turning a blind eye to medical pot shops and patients, Fresno leaders say they’re not. The city council recently adopted a new ordinance banning dispensaries.
I suspect the city council members only favor the Respectable Drugs, you know, the ones that the GOOD doctors give you:
Antipsychotic Medications
chlorpromazine Thorazine chlorprothixene Taractan clozapine Clozaril fluphenazine Permitil, Prolixin haloperidol Haldol loxapine Loxitane mesoridazine Serentil molindone Lidone, Moban olanzapine Zyprexa perphenazine Trilafon pimozide (for Tourette's syndrome) Orap quetiapine Seroquel risperidone Risperdal thioridazine Mellaril thiothixene Navane trifluoperazine Stelazine trifluopromazine Vesprin ziprasidone Geodon Antimanic Medications carbamazepine Tegretol divalproex sodium (valproic acid) Depakote gabapentin Neurontin lamotrigine Lamictal lithium carbonate Eskalith, Lithane, Lithobid lithium citrate Cibalith-S topimarate Topamax Antidepressant Medications amitriptyline Elavil amoxapine Asendin bupropion Wellbutrin citalopram (SSRI) Celexa clomipramine Anafranil desipramine Norpramin, Pertofrane doxepin Adapin, Sinequan escitalopram (SSRI) Lexapro fluvoxamine (SSRI) Luvox fluoxetine (SSRI) Prozac imipramine Tofranil isocarboxazid (MAOI) Marplan maprotiline Ludiomil mirtazapine Remeron nefazodone Serzone nortriptyline Aventyl, Pamelor paroxetine (SSRI) Paxil phenelzine (MAOI) Nardil protriptyline Vivactil sertraline (SSRI) Zoloft tranylcypromine (MAOI) Parnate trazodone Desyrel trimipramine Surmontil venlafaxine Effexor Antianxiety Medications (All of these antianxiety medications except buspirone are benzodiazepines) alprazolam Xanax buspirone BuSpar chlordiazepoxide Librax, Libritabs, Librium clonazepam Klonopin clorazepate Azene, Tranxene diazepam Valium halazepam Paxipam lorazepam Ativan oxazepam Serax prazepam Centrax Antipsychotic Medications Clozaril clozapine Geodon ziprasidone Haldol haloperidol Lidone molindone Loxitane loxapine Mellaril thioridazine Moban molindone Navane thiothixene Orap (for Tourette's syndrome) pimozide Permitil fluphenazine Prolixin fluphenazine Risperdal risperidone Serentil mesoridazine Seroquel quetiapine Stelazine trifluoperazine Taractan chlorprothixene Thorazine chlorpromazine Trilafon perphenazine Vesprin trifluopromazine Zyprexa olanzapine Antimanic Medications Cibalith-S lithium citrate Depakote valproic acid, divalproex sodium Eskalith lithium carbonate Lamictal lamotrigine Lithane lithium carbonate Lithobid lithium carbonate Neurontin gabapentin Tegretol carbamazepine Topamax topiramate Antidepressant Medications Adapin doxepin Anafranil clomipramine Asendin amoxapine Aventyl nortriptyline Celexa (SSRI) citalopram Desyrel trazodone Effexor venlafaxine Elavil amitriptyline Lexapro (SSRI) escitalopram Ludiomil maprotiline Luvox (SSRI) fluvoxamine Marplan (MAOI) isocarboxazid Nardil (MAOI) phenelzine Norpramin desipramine Pamelor nortriptyline Parnate (MAOI) tranylcypromine Paxil (SSRI) paroxetine Pertofrane desipramine Prozac (SSRI) fluoxetine Remeron mirtazapine Serzone nefazodone Sinequan doxepin Surmontil trimipramine Tofranil imipramine Vivactil protriptyline Wellbutrin bupropion Zoloft (SSRI) sertraline Antianxiety Medications (All of these antianxiety medications except BuSpar are benzodiazepines) Ativan lorazepam Azene clorazepate BuSpar buspirone Centrax prazepam Librax, Libritabs, Librium chlordiazepoxide Klonopin clonazepam Paxipam halazepam Serax oxazepam Tranxene clorazepate Valium diazepam Xanax alprazolam Stimulant Medications Adderall amphetamine 3 and older Adderall XR amphetamine (extended release) 6 and older Concerta methylphenidate (long acting) 6 and older Cylert* pemoline 6 and older Dexedrine dextroamphetamine 3 and older Dextrostat dextroamphetamine 3 and older Focalin dexmethylphenidate 6 and older Metadate ER methylphenidate (extended release) 6 and older Ritalin methylphenidate 6 and older *Because of its potential for serious side effects affecting the liver, Cylert should not ordinarily be considered as first-line drug therapy for ADHD. Antidepressant and Antianxiety Medications Anafranil clomipramine 10 and older (for OCD) BuSpar buspirone 18 and older Effexor venlafaxine 18 and older Luvox (SSRI) fluvoxamine 8 and older (for OCD) Paxil (SSRI) paroxetine 18 and older Prozac (SSRI) fluoxetine 18 and older Serzone (SSRI) nefazodone 18 and older Sinequan doxepin 12 and older Tofranil imipramine 6 and older (for bedwetting) Wellbutrin bupropion 18 and older Zoloft (SSRI) sertraline 6 and older (for OCD) Antipsychotic Medications Clozaril (atypical) clozapine 18 and older Haldol haloperidol 3 and older Risperdal (atypical) risperidone 18 and older Seroquel (atypical) quetiapine 18 and older Mellaril thioridazine 2 and older Zyprexa (atypical) olanzapine 18 and older Orap pimozide 12 and older (for Tourette's syndrome -- Data for age 2 and older indicate similar safety profile) Mood Stabilizing Medications Cibalith-S lithium citrate 12 and older Depakote valproic acid 2 and older (for seizures) Eskalith lithium carbonate 12 and older Lithobid lithium carbonate 12 and older Tegretol carbamazepine any age (for seizures)
WAIT! I havent even got to the pain medications yet. Maybe later.
READ THE FULL ARTICLE HERE:
Memo Prompts a Fresno Medical Marijuana Dispensary to Re-Open – 10/19/09 – Fresno News – abc30.com.
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Look here! Al Jazeera in reporting on Fresno. You might suspect that Al Jazeera’s reporting might have a political slant, but dont let that keep you from reading their news. Heck, I have them book marked. You can be certain that they are in better financial shape then the ever shrinking Fresno Bee and McClatchy.
The way things are going if news sources find themselves under water and have to sell, the arabs might be the only ones with money and INTEREST in purchasing them.
Al Jazeera English – Americas – Deep cuts push Californians to edge.
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While there were fewer foreclosures in California last quarter (per previous post), nationwide they rose
RealtyTrac found that more than 925,000 borrowers received a foreclosure filing, which can range from a default notice to a bank repossession, between July and September. That is up 23 percent from the comparable period last year.
READ THE FULL ARTICLE HERE:
Foreclosures Continued to Rise in Third Quarter – washingtonpost.com.
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You have heard of “Toxic Assets.” They are those assets on the banks books that fit this definition”
perniciousness: grave harmfulness or deadliness
Let me preface this video with some banking 101. When you put 1,000 in the bank you have an ASSET on your books. But, when the bank has your $1000.00 it now has a LIABILITY = the bank is now liable to return your money with interest. What the bank does with your money is loan it out with interest. Once the bank loans out your money, the money lent then becomes an ASSET on the banks books. That is, the borrower is now LIABLE to pay back the bank with interest.
Imagine now loaning out money for these homes. It would not surprise me if the banks loaned out tens of thousands of dollars for these homes. Little wonder why the banks are not in a rush to foreclose on some of these homes.
WANT TO BUY A HOME FOR $50.00?
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