Arturo Gatti, age 37 and retired world champion boxer, has been found dead in Porto de Galinhas, Brazil. Foul play is suspected in Gatti’s death according to the NY Daily News. Arturo Gatti was found with blood stains on his neck and back of head. There were also blood stains on the floor.
Slower sales and cancellations of existing orders have caused the number of unsold homes to really increase. The supply of homes at 2006 sales rate averaged 6.4 months worth which was up from 4.4 months worth in 2005 and only 4 months worth in 2004.
What about the “due on sale” clause? This is where there is probably more flexibility than in the past. Almost all of the loans of today have a clause that allows the lender to accelerate the loan and demand payment in full if the homeowner transfers their ownership. In the past, when City Garden was selling more quickly, lenders were more likely to exercise the “due on sale” clause. However, with so many foreclosures already on their books in many areas today, it is probable that this isn’t something they want to do now. Mortgage lenders don’t want to hold physical real estate.
The reason is simply the fear inside of everyone. The majority of people feel that it is to much work and to much of a risk to take. Even with all the helpful information thats out there today. People still feel they dont know enough to take the chance of investment. Fortunately for you it will always be this way and they will always be the ones supporting you with rent money each month.
Market appreciation is the more profitable of the two its a increase in value due to renovations. Buying a home touching it up and reselling for a profit would be a example of market appreciation.
If you are a broker or a manager, you put up with having people in your office who shouldn’t be there. Their energy is negative, and they pull down the morale of your office.
KDS: Don’t think of the word Huna. Think of work kahuna. Huna is a collection of secrets thoughts and practices handed down by the kahuna. A kahuna is someone who is capable of doing things that other people cannot. I was raised that there was to be no babbling of secrets. The ancients could not find someone of sufficient character to be worthy of their secrets.