Category Archives: Unrest

It’s a privilege to pay NJ taxes

Posted on March 4, 2015 by grim

From the Record: Bergen’s property taxes among nation’s highest Bergen County homeowners had the fifth-highest average property tax bill in the nation, at $11,159, last year, according to a new survey by RealtyTrac, a California real estate information company. Passaic … Continue reading →

Posted in New Jersey Real Estate, Property Taxes, Unrest | 91 Comments

Fake it until you take it

Posted on February 22, 2015 by grim

From Bloomberg: How to Hang Out in a House Until It’s Yours The cult of adverse possession is alive and well in New York City. Adverse possession is the centuries-old legal principal that says, basically, if a squatter occupies a … Continue reading →

Posted in National Real Estate, NYC, Unrest | 6 Comments

They are zombies because nobody wants them

Posted on February 18, 2015 by grim

From Housingwire: New York doubling down in fight against zombie foreclosures The State of New York doubling down in its efforts to fight back against the rising tide of zombie properties, which are homes that are vacant or abandoned during … Continue reading →

Posted in Foreclosures, Politics, Unrest | 108 Comments

NYC – Where criminals store their wealth?

Posted on February 8, 2015 by grim

From the NYT: Stream of Foreign Wealth Flows to Elite New York Real Estate On the 74th floor of the Time Warner Center, Condominium 74B was purchased in 2010 for $15.65 million by a secretive entity called 25CC ST74B L.L.C. … Continue reading →

Posted in Economics, NYC, Politics, Unrest | 42 Comments

By the hour

Posted on November 23, 2014 by grim

From HousingWire: Realtors don’t deserve 3% commission? Should Realtors and other real estate agents be just paid hourly, or should we stick with the 3% commission? … Some posts on other forums suggest paying Realtors by the hour. Really? Really. … Continue reading →

Posted in Economics, General, Humor, Unrest | 44 Comments

Northern New Jersey Snowblower Report

Posted on February 12, 2014 by grim

Open discussion about snow removal, mass transit, traffic, collapsed roofs, ice dams, broken pipes, snow drifts, end of the world. I should have stayed in Key West.

Posted in Humor, Unrest | 114 Comments

Greedy Banksters can’t stop picking on Helpless Victims

Posted on March 29, 2013 by grim

From HousingWire, a pawn of the real-estate-industrial-complex: Borrower spends on lingerie … should they get a loan mod? During the course of foreclosures when parties are discussing or attempting loss mitigation, borrowers submit financial records for lenders and servicers to … Continue reading →

Posted in Mortgages, Risky Lending, Unrest | 108 Comments

Poor not welcome in Short Hills

Posted on March 30, 2012 by grim

Came across this opinion/letter to the editor piece this morning in the Daily Record. Not sure whether to cheer or be appalled, but I’m leaning towards the latter, mostly due to the fact that the writer lives in Short Hills, … Continue reading →

Posted in New Jersey Real Estate, Unrest | 139 Comments

Anti Wallstreeters set sights on the mortgage biz

Posted on October 11, 2011 by grim

From HousingWire: Protesters descend on MBA Roughly 150 protesters gathered at the Hyatt Regency in Chicago Monday afternoon, protesting the Mortgage Bankers Association as some of the the trade group’s members looked on and snapped photos. Thousands more from various … Continue reading →

Posted in Economics, Unrest | 100 Comments