Comments on: Naples Real Estate News 02/22/08

By: glenn

glenn — Fri, 29 Feb 2008 13:55:07 +0000

Gainesville – yes there many reasons for individuals to consider other aspects associated with a purchase of real estate.

By: glenn

glenn — Fri, 29 Feb 2008 13:53:42 +0000

Ken – I think Wall Street is driving the bottom line results too much and have lost sight of the socio-economics associated with a company. I not read too many mission statements recently from the banks and lenders to see how they address their socio-economic responsibilities.
The other side of the coin here is that a performing loan at a lower rate than a non-performing loan and its associated carrying costs. Right?

By: Gainesville Real Estate

Gainesville Real Estate — Mon, 25 Feb 2008 19:25:38 +0000

This is a great point, there are many people out there just looking at the just price tags when there are many other factors to consider. There are tons of great homes out there for sale, now more than ever.

By: Ken Smith

Ken Smith — Mon, 25 Feb 2008 16:37:31 +0000

Not sure what I think of judges changing the terms of mortgages. Sure it might help (and I stress might) some people facing bankruptcy, but then judges are deciding home much a bank should make on a loan. This means that those that are paying their bills will end up picking up the tab as banks have a bottom line they will protect. If to many people get readjusted down banks will just raise interest rates on future loans.