Types Of Bankruptcy

D.M. broker Wolford's case goes to jury  Twelve Polk County jurors are deliberating the fate of Rod Wolford Sr., the former Des Moines real estate broker whose company went bankrupt after draining investors and home buyers of


California congresswoman's home threatened with repossession after she fails to pay mortgage (Minneapolis-St. Paul Star Tribune)  SACRAMENTO, Calif. - Rep. Laura Richardson has an unusual perspective on the housing foreclosure bills moving through Congress: One of her own homes was threatened with repossession after she failed


Expert: Mortgage Defaults Won't Key Recession (NPR)  Subprime mortgages fed a huge rise in home ownership over the last few years -- and those high levels are likely to fall when many homeowners are unable to make


Building Owner Sells Rental To Focus on Short-Term Buys  A Colorado architect realizes that residential real-estate investing even when profitable, is not for everyone. He'd rather design homes than manage properties.read more...


VW's Spanish Division to Cut 1,346 Jobs  Volkswagen AG's Spanish unit, SEAT SA, plans to cut 1,346 jobs, or 8 percent of its work force, in order to cut costs, the company said Friday.read more...


Call 4 Action: Couple Claims Shoddy Home Work By Pepper  The local TV commercial with an old guy yelling "Pepper" is catchy enough to get anyone's attention.read more...

February 10th, 2007

Home market may be shark-infested

THE U.S. home market is like a beach after a shark has been spotted. Almost everyone is avoiding the water until an “all clear” has been given by the lifeguard.
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