I admit that my statement yesterday that “ethics and morals should not even enter the conversation” was a bit of intentional editorial hyperbole intended to spur the discussion. Obviously it does make sense to have a conversation about the ethics of walking away, since that’s exactly what we did for 177 comments (so far). As…
On Misguided Ethics and Walking Away from a Mortgage
With the subject of “walking away” finally hitting the mainstream media in full force this weekend with a dedicated segment on Sunday’s 60 Minutes, it would appear that the idea of giving the keys back to the bank to get out of a financial death spiral continues to gain some serious traction. Of course, even…
“Tax Savings” Far Overshadowed by Interest Paid
This weekend Seattle Bubble favorite Steve Tytler fielded a question from a very confused homeowner in his real estate Q&A column in the Everett Herald. Couple’s dilemma: To rent out house or sell Here is a portion of the owner’s question. We were given a house valued at $250,000, which is paid for. We have…
Poll: Guess the maximum 1-month # of closed King Co. SFH sales in 2010
This poll will be active and displayed on the sidebar through 05.15.2010.
Weekly Twitter Digest (Link Roundup) for 2010-05-08
Nice post by @Findwell calling out Coldwell Banker's nonsense "Buyer Bonus Event" http://is.gd/bSGbB # Why would an agent even waste their time listing something like http://is.gd/bSLeJ w/ comps like http://is.gd/bSLfH & http://is.gd/bSLgj ? # Apparently KOMO News gets tips from Seattle Bubble. See their video story on the Riverwalk condos – http://is.gd/bTSYw # Seattle Times…