Tyler, TX

The largest U.S. bank failure ever came last year: Seattle-based thrift Washington Mutual Inc. fell in September, with about $307 billion in assets. It was acquired by JPMorgan Chase & Co. for $1.9 billion in a deal brokered by the FDIC.

If they were true assets then why did the FDIC sell them for less than 3/4 of 1% of the actual value. Is this a good use of our tax dollars?

I wonder if we offered less than 1% of the value for an FHA foreclosure if FHA would take it?

Lets say for example the home has a value of $200,000 and we offer $1800.00 for it, by the standard set by the FDIC, they should take it, right?

Yes, I know it's sounds stupid, but why is it good for the big guys and not for the citizenry?

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This morning it was announced that our Very own Keller Williams in Tyler, Texas was #2 in the region for July of 2009. We strive every day to be the best Real Estate company in East Texas and it is great that the agents achieved this milestone. There are 30 + market Centers in the region and I was taken by surprise when I was told.

Every agent at KW Tyler should give themselves a round of aplause. We have a lot of work to do yet, but we are clearly on our way.

Here's to the best Real Estate Agents in East Texas.

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I happened to read the most incredible post on Active Rain this morning. Please read this and give this guy a comment. He is surely deserving...

http://activerain.com/blogsview/1170697/a-farewell-to-freedom-

I found this post very rewarding and appropriate in the times we now must endure. Thanks to all that check it out. I hope you like it as much as I did!

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Congratulations to George Bush! You did a great job of increasing home sales by 11% last month.

After months of just down right bad numbers, George put up a great number. Everyone has been blaming you since November of last year for all the bad things happening in the Real Estate business.

Well here is a big ole atta- boy for George. You stuck to your guns and turned it around for us.

Hey, if you can blame him, you can give him his props too!

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Today I was invited to attend a home buying seminar for some folks in Tyler Texas. The general consensus was if the administration is putting all this money into the Banks and such, why are loans so hard to get? Why are property values still dropping in parts of the country? Followed by why didn't they take the money to the people instead of the big Banks and Automakers?

I had no answer.... NONE!

With the money the administration has put up for the Banks and Car companies a check for $7500.00 to each and every 300 million man, woman and child, in the country could be written. That's $30,000.00 for a family of four.

House payments would have been caught up, cars would sell and the economy would have been fixed over night.

SO NO, I can't answer those questions, the administration is just way to smart for me!

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