Presenting a new, semi-recurring-if-I-remember feature to the Gory Details — also known as "You Paid HOW Much for that House?" Now, there’s no generalization about homes selling for over or under their asking price. Every situation is different, but suffice to say that overbids only tend to happen when there is more than one party [...]
Oh lordy, if there’s ever a great trail run that will make you feel like David Gest after Liza Minelli had a few cocktails, Waterdog Park in Belmont is it. It’s a woodsy, canyon trail, with canopies of live oak, eucalyptus, and all other kinds of native California foliage. Apparently too, it was part of [...]
With props to my mortgage mensch, Dave Fabian of Diversified Capital, the stimulus bill that just passed raises the statutory conforming loan limit from its current $417,000 in all states (except Alaska and Hawaii) to a new variable limit, equal to the greater of the current limit or 125% of the area median home price, [...]
Last month it was credit scores — this month it’s API scores…. The February 2008 podcast is here, and it’s all about education! My guest on the Gory Details is Jan Christensen, the Superintendent of the Redwood City School District. In today’s podcast, Jan talks about all the great things that are happening in the [...]
As expected this week, Dubya signed off on the economic stimulus package, which, at least for this year, brings up the conforming loan limit into modern times (currently sitting at $417K, the new stimulus package can help boost the conforming loan limit to as much as $730K). Some liken it to giving buyers as much [...]
Hallelujah! Yesterday, the Senate passed their version of an economic stimulus package. The Senate version expands rebate checks for seniors and disabled veterans and includes the same increases to the conforming loan limits for both GSE and FHA found in the House stimulus package. The House just passed the Senate version of the bill and [...]
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