Why don’t they just declare they want to make money and then do it without the shenanigans of the government behind them. Lay it all out there for folks to make a decent decision about what they like for risk. I know the sales people say that’s what they do… but I think we’re not asking the right questions. Then the consumer can either take it or leave it or search for another risk.
Run the banks, financial institutions, and any other money-holding entities, like real-people businesses. Loads of businesses have gone under these past years….but have the banks? Hhmmm….not so much…they are taken over by another huge bank and then ultimately WE pay, with taxpayer $.
If a bank wants to make a mortgage…let them hold it! Don’t sell it in the secondary market. But how do they keep making mortgages? Maybe more investors will invest in the bank…and not the security instruments. Maybe they declare they’ve met their top limit, that they aren’t making more mortgages today.
And by the way…I got three credit card invitations just in one day. That’s telling me the predators are really back in biz…doing the same old thing.
sorry about the rant…I know its too simple, but really….
ALAMEDA REAL ESTATE THIS WEEK…
Broker Tour Tuesday
8 new properties…A good bike ride…fairly long! Boo on the guy who didn’t have any signs out for his condo at The Willows. And the other out-of-town agents on Buena Vista who didn’t know who to call for the proper tour times. Bad agents. The second ones were nice…but they lost potential biz.
Highest and Lowest New Listings
The highest has a HUGE lot (2 acres in Alameda!) and it’s on the lagoon, in the Gold Coast, but not considered habitable. Check it out. It will require an all cash buyer, with three potential individual buyers having the first right of refusal. Questions? Give me a call.
Active and Pending listings this week….41, 85
ALAMEDA REAL ESTATE AWARDS THIS WEEK…remember this is only my perspective!
Buy a garage…get a house!
Big garage! Actually a big house…needs some work (the house)!
OKAY! That’s a wrap, carry on, make it work. Sorry for the rant…had to let it out! Got questions about any particular property? Give a call…sellers, you may want to know what’s like it that has sold….buyers, you may want some details.