My New Blog

Chase Bank - Forced Insurance Policy
February 24th, 2010 9:12 AM

I was watching the ABC News last night when a very interesting story came on about a family who was having a difficult time providing for their home. As most of American families are in this current recession with unemployment being so high, main income providers are losing their jobs and the banks aren't even willing to assist in loan modifications.... even after they took the TARP funds that was suppose to go to troubled borrowers.

Here is the link on the interview: http://abcnews.go.com/WN/abc-world-news-homeowners-angry-expensive-fixed-place-insurance/story?id=9919670

So what does Chase Bank do.... just increase your insurance premium by doubling it and then making a profit on it by forcing their insurance policy on you when you are struggling to even put food on the table for your growing kids, if this happens to you what would you do? Yes, we should all have insurance on our property, but having one that is doubling it then on top of that knowing the family can't even make the mortgage payment, come on. How about speeding up the process on all the short sales that you (Chase) have in your loss mitigation dept. Now I am not here to just blast on Chase, but thought this was an interesting story.

I hope the Guys Frank Garay & Brian Stevens from Think Big Work Small get a hold of this because they seem to have a good following.

 


Posted by David Haley on February 24th, 2010 9:12 AMPost a Comment (0)

Foreclose Home - check this out look what one homeowner did!
February 25th, 2010 1:32 PM

Watch this video as a man losing his house did when foreclosure was coming.

Bulldozer???? video provided by KXLY Spokane, WA.


Posted by David Haley on February 25th, 2010 1:32 PMPost a Comment (0)

Buyer Tax Credit Ending Soon!
February 23rd, 2010 10:52 AM

To all buyers or move up buyers the end is coming.... April 30th of 2010 you must be in a signed around purchase and sale and close and fund by June 30th, 2010.

The IRS has a great website to utilize to find out the proper forms you should have your CPA or tax advisor assist you with for these forms.

Included is the link to streamline process. http://www.irs.gov/pub/irs-pdf/f5405.pdf


Posted by David Haley on February 23rd, 2010 10:52 AMPost a Comment (0)

Lawyer misconduct rises with foreclosure record
February 13th, 2010 3:04 PM

Ran across this article regarding homeowner's that are in a situation and they go out and hire legal counsel to help them do a loan modification or potnetial short sale.... this is from www.King5.com as we all know there are good people and bad people in every single profession no matter what is out there.

Take the time to do you research, investigate, question, dig, probe and always get recent referrals and recommendations from past clients.

Here is the link about the Lawyer Misconduct: http://www.king5.com/news/business/84306777.html 


Posted by David Haley on February 13th, 2010 3:04 PMPost a Comment (0)

How IndyMac - One West Bank Got a Sweet Deal from our FDIC - Boy will this make you MAD!
February 11th, 2010 10:13 AM

This video link came over from the Think Big Work Small Guys - Frank Garay & Brian Stevens check out what they found out from a short sale agent that was trying to help out his client in Arizona - /Content.aspx?URL=www.thinkbigworksmall.com/mypage/archive/1/29027&LinkProp=4&FileName=HomePage.x

 


Posted by David Haley on February 11th, 2010 10:13 AMPost a Comment (0)

Home Prices on Shaky Ground - CNBC Video
February 1st, 2010 9:59 AM

This is a great video to watch as the owner of www.Trulia.com CNBC reporter and others talking about what is happening. Click links to watch

http://realestate.msn.com/article.aspx?cp-documentid=23289792&gt1=35000 

Find out what Forbes magazine has rated Seattle for price values!

 


Posted by David Haley on February 1st, 2010 9:59 AMPost a Comment (0)

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