Comments for Housing Crisis

Comment on Why the Leading Builders of America are Doing their Own Thing by John McManus

John McManus — Wed, 10 Mar 2010 20:51:54 +0000

Leading Builders on the Hill in Energy Push…

The Leading Builders of America charter group of 16 large public and private home builders has joined…

Comment on Suze Orman Clarifies Obama HASP Program for Homeowners by Peter Mason

Peter Mason — Tue, 09 Mar 2010 05:34:18 +0000

Do you feel “morally” obiligated to pay your upside down toxic mortgage? Watch this video, and you just may change your perspective.

http://crisisofcredit.com/

Comment on First Time’s A Charm — Home Buyer Tax Credit Due on 2008 or 2009 Income by Janee

Janee — Fri, 05 Mar 2010 03:49:57 +0000

Yes. This really has to be taken care of. We spent months trying to get a loan for our house and when we finally did we felt like we were doing the right thing buying even though the housing market was in a slump. We took the credit and now my brother, my sister, and two sister in laws have taken advantage of the credit and do not have to pay it back. This makes me really angry. I feel like I am paying for their credits.

Comment on Orleans Homebuilders Files Voluntary Chapter 11 by jmcmanus

jmcmanus — Thu, 04 Mar 2010 18:54:37 +0000

We have noted Dave Borreson’s clarification in our main text post above. Thank you for setting us straight.

Comment on Orleans Homebuilders Files Voluntary Chapter 11 by Dave Borreson

Dave Borreson — Wed, 03 Mar 2010 16:31:33 +0000

We wish Orleans well in their reorganization, but as the CEO of Peachtree Residential, I need to offer one meaningful clarification. In 2004, we sold our Charlotte, NC division home building assets to Orleans, but nothing more. Peachtree Residential Properties is not owned by Orleans. We are alive and well, celebrating our 22nd year of building homes in Metro Atlanta. I appreciate the opportunity to clarify this.

Comment on Colorado’s Village Homes Resurfaces from Bankrupty with New Ownership by Larry Webb

Larry Webb — Tue, 02 Mar 2010 22:59:29 +0000

This is great news…Village was and remains a terrific homebuilder. Both John and Matt Osborn represent everything that is good about our industry…

Comment on Private Home Builders’ Moment of Truth Approaches with 2nd Half of 2010 by homemanagement.co.in » Blog Archive » Private Home Builders' Moment of Truth Approaches with 2nd Half of …

Mon, 01 Mar 2010 20:34:25 +0000

[...] Read more here: Private Home Builders' Moment of Truth Approaches with 2nd Half of … [...]

Comment on Colorado’s Village Homes Resurfaces from Bankrupty with New Ownership by patrick Gray

patrick Gray — Sat, 27 Feb 2010 02:11:13 +0000

U guys need to hook up with builders from P.A “Rainbow Association Incorporated”,Philadelphia ,PA.19150.Hey they are a company that buys all the foreclosed homes build new ones for the economy and they sell the most homes on the east coast.President O’Neil Gray

Comment on Suze Orman Clarifies Obama HASP Program for Homeowners by Kathleen

Kathleen — Sun, 14 Feb 2010 01:05:56 +0000

We were contacted by GMAC a year ago because we qualified for the first round of Fannie Mae refinancing. Turns out because we were current, didn’t have $16000! in the bank and my husband made too much money ($64000 for our family of 5), we didn’t qualify. We received another letter this week about this HASP loan that we qualify for. Now they are telling us we don’t qualify because our loan isn’t Fannie Mae. They MUST have sold it off in the past year as we KNOW our original loan was a Fannie Mae loan. We decided before all this fiasco happened that we would NEVER work with them again because of the hassle we had to go through with our appraisal. Besides lots of minor things, they wouldn’t do our appraisal until we removed some tires that were on our property left from the previous owner and they didn’t give us any credit for our inground pool because it was green (we turn off the pump to save energy after the 80’s disappear and our appraisal was the end of Oct)

Comment on First Time’s A Charm — Home Buyer Tax Credit Due on 2008 or 2009 Income by Nicolle

Nicolle — Thu, 11 Feb 2010 17:56:59 +0000

I would love to join a class action lawsuit although I had another idea. Lets bombard our congress people & the president to allow us to take the 8,000 nonrepayable credit to cancel out our 7500 repayment. We do not have to start paying this back until we file our 2010 taxes so we have a whole year to see if we can get something accomplished.