Recent content by Tucker Robinson

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    People Begin Living Without Electricity and Water in California

    Beaches Energy jacksonville beach, .074 per KWH. They even give you energy saving lights when you go in and pay your bill in person.
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    Why is low housing prices a problem?

    I guess if you have insurance 90-95% can done. FHA has raised their monthly insurance over the past year, and homebuyers I work with dont like the idea of paying an additional 100 to insure their mortgage. 20% down gets rid of PMI
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    Why is low housing prices a problem?

    20% down should be standard business practice. Rent untill you can aford a sizable down payment.
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    Why is low housing prices a problem?

    What about the people who bought a home in the last decade who will now be underwater on their mortgage? If they choose to stop paying on their current home to get a cheaper home their credit will be shot, and they will most likely not be able to get a loan on the cheaper home. If they saved up...
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    Tax Liens

    http://www.hillstax.org/tax/tax_certificate_primer.pdf
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    If you have an idea that might save America...

    China will have to take some of our land, a state or two, in exchange for the US not repaying the loans. We will now not only have China towns but a China state. Then taxes wont need to go to Chinese intrest payments and principle and we can spend it on whatever we would like.
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    New home sales plummet in August, prices tumble

    Yes, still way too many houses. When supply hits 6 months then I would say buy. I just hope this plan doesnt keep housing prices high, they need to fall.
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    Mortgage rates are rising fast II

    Why not wait for the bank to list their properties, they have the best prices on MLS. At least 10-15% less then comps.
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    Real Estate Trends

    Here is the info I get from FAR http://media.living.net/statistics/statisticsfull.htm#2005
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    Question about Wharton MBA

    If you want to stay in Finance I was always told the CFA is just as valuable as an MBA. Plus once you have passed all 3 tests and are a member of the charter, firms will contact you if they have open jobs. If you can study on your own and take a few 6 hour tests look into it. Iv tried to study...
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    Will walking away turn into an epidemic?

    Where do you think most will walk to? Anyone know any REITs that do low income housing...
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    Money in Foreclosures?

    I heard you need over a score of 650 to be considered. 750 and up is where you will find the best rates. All lenders have their own criteria. I think this will put first time home buyers years and years after they graduate college to even come close to home ownership. Paying off student loans...
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    Money in Foreclosures?

    http://www.sjctax.co.st-johns.fl.us/
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    Money in Foreclosures?

    Taxes go towards Fire, Police, Schools. Owner pays taxes. Our millage rate here is 16. 100,000 is about 1600 in taxes. I had no idea taxes are different if you are not a resident. I have to check up on that one, for my own knowledge.
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    Money in Foreclosures?

    There is too much supply still. Prices have to come down. I am in Jacksonville Beach/Ponte Vedra Beach where they are not still building condos and homes. However there are a few developers who either tried to renovate an old apartment complex or build from scratch who cant sell their inventory...
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