Links and Minifeatures 03 21 Wednesday
Carnival of Consumer Oriented Real Estate Recommended: Silicon Valley Real Estate (selling strategies)
Blacks suffer most in U.S. foreclosure surge. Actually, I found a couple other things in the article more telling:
The predatory lenders reach out to those who don't really know, people with a lack of education," said Cassandra Hedges, a black 37-year-old mother of two fighting to stave off foreclosure of the Ohio home she bought three years ago.
"One of the first things my broker asked me was 'How do you know you are ready to buy a house. Have you done any research?' We said 'No'. At that point I think he realized 'Okay I got some people that don't know what the heck they are doing'."
and
Many traditional banks do not run branches in poor minority neighborhoods, creating a vacuum often filled by predatory lenders and unscrupulous brokers, said Stephen Ross, a University of Connecticut economist who studies lending.
When the property market was strong, those brokers could tell borrowers that rising prices meant they could easily remortgage their properties to keep up with payments. But since the market peaked in 2005, millions are struggling to repay those loans. This year, some 1.5 million homeowners will face foreclosure, research firm RealtyTrac estimates.
I am not trying to refute the article's theme that race played a role. What I'm trying to show is how shoddy practices were a necessary component - and you can easily protect yourself against shoddy practices, if you will only try. It's like yanking the pillars out from under the Temple of Shady Real Estate.
Name this song and the artist:
Spring is here
Spring is here
Life is Skittles
Life is Beer
But I think Spring is the loveliest time of the year, don't you?
Yes I am twisted. Thank you.
Categories
Zee Links and Minifeatures

The Book on Mortgages Everyone Should Have
What Consumers Need To Know About Mortgages

The Book on Buying Real Estate Everyone Should Have
What Consumers Need To Know About Buying Real Estate

Buy My Science Fiction and Fantasy Novels!
Dan Melson Amazon Author Page
Dan Melson Author Page Books2Read
Links to free samples here
The Man From Empire

Man From Empire Books2Read link
A Guardian From Earth

Guardian From Earth Books2Read link
Empire and Earth

Empire and Earth Books2Read link
Working The Trenches

Working the Trenches Books2Read link
Rediscovery 4 novel set

Rediscovery 4 novel set Books2Read link
Preparing The Ground

Preparing the Ground Books2Read link
Building the People

Building the People Books2Read link
Setting The Board

Setting The Board Books2Read link
Moving The Pieces

Moving The Pieces Books2Read link
The Invention of Motherhood

Invention of Motherhood Books2Read link
The Price of Power

Price of Power Books2Read link
The End Of Childhood

The End of Childhood Books2Read link
Measure Of Adulthood

Measure Of Adulthood Books2Read link
The Fountains of Aescalon

The Fountains of Aescalon Books2Read link
The Monad Trap

The Monad Trap Books2Read link
The Gates To Faerie

The Gates To Faerie Books2Read link
Gifts Of The Mother

Gifts Of The Mother Books2Read link
C'mon! I need to pay for this website! If you want to buy or sell Real Estate in San Diego County, or get a loan anywhere in California, contact me! I cover San Diego County in person and all of California via internet, phone, fax, and overnight mail. If you want a loan or need a real estate agent
Professional Contact Information
Questions regarding this website:
dm (at) searchlight crusade (dot) net
(Eliminate the spaces and change parentheticals to the symbols, of course)
Essay Requests
If you don't see an answer to your question, please consider asking me via email. I'll bet money you're not the only one who wants to know!
Requests for reprint rights, same email: dm (at) searchlight crusade (dot) net!
Add this site to Technorati Favorites


Subscribe to Searchlight Crusade

My Links
-
Heavy Lifters
- Instapundit
- Hot Air
- Wizbang
- Victor Davis Hanson
- Q and O L Places I get to as often as I can
- Soldier's Angels
- The Anchoress
- Argghhh!
- Armies of Liberation R
- Asymmetrical Information
- Belmont Club
- Tim Blair
- Eject! Eject! Eject!
- Jihad Watch
- Michelle Malkin
- Neo-neocon
- Powerline
- Protein Wisdom
- Real Clear Politics
- Mark Steyn
- Strategy Page
- Vodkapundit
- Volokh Conspiracy Personal Finance, Economics and Business Sites
- Bloodhound Blog
- Financial Rounds
- Free Money Financea> Other sites I've linked and visit
- Ace of Spades
- Ann Althouse
- The Anti Idiotarian Rottweiler
- Atlas Shrugs
- Professor Bainbridge
- Baldilocks
- Beldar
- Blackfive
- Classical Values
- Coyote Blog
- Daily Pundit
- Drudge Report
- IMAO
- The Jawa Report
- Just One Minute
- Libertarian Leanings
- Liberty Papers
- Normblog
- Patterico's Pontifications
- Right Wing Nut House
- Samizdata
- SCOTUS Blog
- Stop the ACLU
- Unalienable Right Consumer and Research Sites
- Better Business Bureau
- Consumer Reports
- NASD Home
- California Department of Real Estate
- California Licensee Lookup
- California Department of Insurance
- National Association of Insurance Commissioners (NAIC)
- Do Not Call Homepage
- IRS Charities Search
- Internet Fraud Complaint Center
- SEC Home Page
- Stop Mortgage Fraud
- Report Mortgage Fraud Debunking Many so-called Real Estate Gurus
- John T. Reed Worthwhile Web Comics
- Sluggy Freelance
- Day by Day It is site policy to list the main page of every site I reference. Sometimes the real world intervenes and I haven't gotten to it yet, or one falls through the cracks on a long post with multiple references. It is also site policy to list the main page of every site that lists this one on their equivalent roll, as well as the main page of all sites that are members of any of the same groups this site is a member of. Please send me an email with a link to the main page of your site if I've overlooked you (dm at the domain name). For the clue-challenged, note that it is a requirement for your link to appear on every page of your site, just like mine does, and I will not link to spam sites.
Logical failures (straw man, ad hominem, red herring, etcetera) will be pointed out - and I hope you'll point out any such errors I make as well. If there's something you don't understand, ask.
Nonetheless, the idea of comments should be constructive. Aim them at the issue, not the individual. Consider it a challenge to make your criticism constructive. Try to be respectful. Those who make a habit of trollish behavior will be banned.
Leave a comment