Jim Randel's (jimrandel) Blog

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Real Estate Agent - RAND Media Co

ARCHIVED BLOG POSTS

2009 

The new Administration is seriously considering a revision to the bankruptcy law that will allow Judges to "cram down" mortgages on residential properties.Actually bankruptcy judges already have the power to modify mortgages on vacation homes - just not primary residences.Consumer advoc...
01/27/2009
In the real estate transactions world, we are operating in new territory. Buyers are nervous ("are we overpaying?"). Lenders are skittish ("are we overfinancing?"). Appraisers are ultra-conservative. And so on. It is for this reason that I have been suggesting to my clients fo...
01/20/2009
Repost from 1-12-09 It seems like just a year ago I was speaking with a buddy of mine who specialized in investment sales of large real estate properties. As I was performing due diligence on some of these properties for an acquisition group I represented, I was very familiar with the numbers. Wh...
01/13/2009
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Notwithstanding a lot of negative information about housing prices, I believe we will see stabilization in the markets by mid-year. Here is my thinking:The speed in which our economy crashed (housing and stock prices) is unprecedented. There were no economic models to predict what happened.Once t...
01/09/2009
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