Archives October, 2009

20 October

Too many people bought too much house for too many years. Yes, the financial system almost collapsed because mortgage bankers and brokers told lies about loan terms and loosened standards in dangerous ways, and investment bankers packaged those loans into bonds that were far more toxic than ratings agencies predicted.

But the roots of the mortgage contagion lie with all of us and our desire to own just a bit more house.

http://bit.ly/1z189J

Tom Keyes

Edina Realty

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19 October

Top 10 Red Flags for Homebuyers. Sellers don’t always disclose the whole truth to potential homebuyers, especially if they’re eager to sell. http://bit.ly/MvJGx

Tom Keyes

Edina Realty

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