Earth Days may have Shortened due to Chilean Quake

Earth

Can you imagine? According to Nasa, the Feb. 27 magnitude 8.8 earthquake in Chile may have shortened the length of each Earth day.

Not only that, but perhaps even more impressive is that the quake actually shifted the Earth’s axis and, relatively speaking, by quite a bit!

Why did this quake have such a global effect when most quakes don’t? A number of things worked together. First of all, it was a very large quake that lasted for a very long time. Next, this quake was located very near the center of the earth making it “easier” to shift the axis. And, finally, the quake was very deep.

Read more about this phenomenon at the Nasa news topics site.

What rights does the Census Bureau have?

Have you completed the Census yet? What were you asked? What do you think about this video? Don’t they only ask 10 questions this year? What has been your experience?

Thank you, Martin, for this.

HUD SAFE Mortgage Act

HUD

In case you haven’t heard, there’s a new bill out there called the HUD SAFE Mortgage Act. From what I understand, it passed and became law in the summer of 2009, but states were given up to two years to implement the bill. This legislation makes Owner Financing illegal. If you are not a licensed broker, you will not be able to do owner financing.

This bill is huge. They are considering Lease to Own as a possible owner finance and, if determined to be so, this bill could immediately outlaw lease to own. So many buyers are not able to buy a home with traditional financing and this could eliminate options to those wanna be homeowners.

If you have ever purchased or sold a property using seller financing, you need to take a few moments to read the following message. After you have reviewed the information, send your comments to HUD per the instructions to help stop this devastating proposal. Please, get involved and make your voice heard. Please, help us Make a Difference.

Read more…

Guest Post

Guest Post

Eddie Kearns wrote to ask if he could put this guest post on Karen’s Perspective.  I appreciate his initiative!

As a disclaimer, Eddie  has never handled a short sale for me.  Nevertheless, here is what he has to say.  Please comment to let me know what you think about the article.

Short sale questions addressed

There are a lot of real estate professionals who are unsure about how to respond to homeowners and their concerns about short sales. Understandably, many homeowners are nervous about the idea of a short sale. The thought of going through one can be scary and unpleasant to go through with the amount of paperwork and disclosure involved. Here are a few responses you can use the next time a client expresses these concerns:

1. They want to review their options. Tell them you, as their agent (depending on your state and how involved you want to be) will help them check out other alternatives. In many cases the homeowner already knows they will not qualify for a loan modification because of unemployment, sickness or other unresolved hardship, and income levels that don’t meet the minimum requirements for a loan mod. In some cases their credit rating has already been too damaged to qualify. If these factors have not been reviewed before you sit down with the homeowner, do your client a favor, and make certain there are not other options. They’ll remember the kindness and come back to you should those other options fall through. It will also help boost your reputation as an honest, ethical agent who is looking to help people, not just profit off of them.

Read more…

Everything’s Amazing & Nobody’s Happy

Many of us tend to take all the wonderful things we have available to us everyday for granted. This video makes that point in a unique way. Please enjoy the clip and learn from its message, take time to realize how wonderful our world is and really appreciate all the things that make our daily life great.