| ADVERTISEMENT Use Twitter? Get real time updates on breaking news stories. Follow us: @InmanNews TODAY'S TOP STORIES = Premium Member News - Join Now » Tuesday, January 26, 2010 Setup, confrontation and resolution By BRADLEY INMAN Around the time that I started Internet video company TurnHere, I saw a film shoot for a television commercial that blocked off an area between 5th and 6th avenues on 44th Street in New York City. I counted 75-plus people, a catering truck, off-duty policemen and two big rigs -- all to produce a 30-second commercial that we would someday TiVo out. For years, the details of this scene anchored my story about "Why TurnHere?" More » Case-Shiller: No clear sign of recovery November home prices fell year-over-year in 16 out of 20 markets covered in the Standard & Poor's/Case-Shiller Home Price Indices, according to a report published Tuesday. Reforming a broken system I read the "bad agents" article and I couldn't agree more. As a real estate broker, unfortunately the first thing I tell my new (fresh out of school) agents is to prepare for the horrible attitudes displayed by our fellow agents. Don't cry over empty piggybank I'm a lawyer. Nevertheless, until recently, the field of bankruptcy has always been murky to me: chapter this and chapter that; lots of different sets of rules for different situations; and then a massive change in the federal bankruptcy regulatory scheme a few years ago. Builder not playing by warranty rules DEAR BARRY: My home is about three years old. When the builder's one-year warranty was still in effect, I notified him that water drained into the garage during rainy weather. He tried repeatedly to fix the problem, but with no success. Now that the warranty is expired, he has hinted that there's nothing more he can do. NOTABLE QUOTE "In 1988 ... Congress created a new type of reverse mortgage called the Home Equity Conversion Mortgage (HECM), which completely protects the borrower's tenure in his or her house. So long as he/she pays the property taxes, maintains the property and doesn't change the names on the deed, he/she can remain in the house forever." --Jack Guttentag |
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