Consumer Focused Real Estate Carnival

Your host's entry is Refinancing Out of A Negative Amortization Loan Before The Penalty Expires, discussing the fact that even once you discover the trap, it will often be in your best interest to stay with that lender. Unfortunately, that's one of the marketing goals in selling them, so you're rewarding scum. Nonetheless, we're trying to figure out the least bad way to deal with the situation, and if that rewards scum, it still means you're not wasting any more of your money.

Mortgage Refinances for Subprime Loans talks about how few people are likely to qualify for refinance based upon government programs. I disagree with the conclusion and the source is not exactly high on the list of companies I've found that offer competitive financing options, but they're entitled to state their point of view. The elephant in the room is people that were put into unsustainable loans they couldn't afford instead of being sold properties that they could afford.

GOYB Challenge: Lower Your Property Taxes talks about what you need to do to get your taxes re-assessed in California. FYI, the deadline for submission is September 15th, so hurry.

6 Crucial Changes Coming To Lake Martin Real Estate actually applies to a much broader area of the country, as regular readers know.

Come on, folks - You can do better than this. Eight entries, of which only five were acceptable, and one was from the same entrant as another. One entry per entrant or website per carnival, please (if you submit multiples, the host will choose which to include, assuming any of them are acceptable). Stay on topic. If marketing your professional service or website is the main purpose of the entry, it's spam. Please do some research or fact checking. If you make a sufficient number of real errors, it's garbage. I am not going to uncritically link something that is factually incorrect, and I don't expect that of other hosts, either. If you want to challenge accepted realities, don't just state advice that conflicts, build a case that your contentions are correct.

With that said, The Consumer Focused Carnival of Real Estate will return in two weeks, at www.roofable.com. Please make your submissions via Blog Carnival no later than midnight, Monday September 24th.

I am still soliciting future hosts. Please email me if you'd like to host dm (at) searchlightcrusade (dot) net. Future Carnivals are October 10th and 24th, November 7th and 21st (which will likely be moved up to get more exposure prior to Thanksgiving), and December 5th and 19th, then we'll be into 2008. I am open to increasing the frequency if we get the quality and quantity of posts required to support it.