Find below the order which was given by General John Logan in 1868. Now called our current “Memorial Day” celebration. Originally as you can see the name given to this time of rememberance was “Decoration Day”. It’s context was the ending of the Civil War and the memory of those fallen to protect the unity of our nation. However, one can still decorate a fallen soldier or sailor’s grave with the flowers of spring. As the General duly notes these are the soldiers and sailors and in later years, airman “who made their breasts a barricade between our country and its foe.”
General Order No. 11
Headquarters, Grand Army of the Republic
Washington, D.C., May 5, 1868
I. The 30th day of May, 1868, is designated for the purpose of strewing with flowers or otherwise decorating the graves of comrades who died in defense of their country during the late rebellion, and whose bodies now lie in almost every city, village, and hamlet churchyard in the land. In this observance no form or ceremony is prescribed, but posts and comrades will in their own way arrange such fitting services and testimonials of respect as circumstances may permit. Continue reading General John Logan’s Official Order for the establishment of “Decoration Day” now known as “Memorial Day”.
The following was put together by Bob Finn of RPM Mortgage. This is a very interesting scenario and for Seller’s it can be a very dangerous trap! Overpricing has many pitfalls but here Bob puts them into terms you can understand and terms which effect your pocket book! Thanks Bob for sending this my way and for allowing me to post it on the radio show blog. If you like this type of lender information by all means give him a call! Here’s his information. 707 836-9264 this pages me over the weekend firstname.lastname@example.org
The Cost of Over Pricing.
A couple weeks ago I did a piece on the Cost of Waiting for buyers. One of my real estate referral agents asked me to address the opposite for the sellers that insist on listing too high. I was shocked! Sellers really think that their home is worth more than the current market? Really? All kidding aside, this is a far more complex issue than the buyer’s analysis. The seller’s motivation in selling, their cost basis and their carrying costs all have to be included. Therefore, each situation is different. Continue reading Sonoma County, California Home Sellers! The COST of overpricing your home!
Watch our FREE VIDEO from Keller Williams Realty International on the Month of May in Real Estate. This is a nice news broadcast format which will bring you the national BIG PICTURE! The get the latest in the local real estate market LISTEN to the Real Estate Hour, Sundays, 9 to 10am, PST, or on the net at: www.KSRO.com But YOU KNEW THAT!!
17 Sonoma County farm markets to choose from! Thanks to the Press Democrat for compiling these! Spring is the season for Farmer’s Markets! Nothing anchors us to our area more than to see the bounty of our very fertile county spread out before you in a horn of plenty at a local Farmer’s Market. Just add the creativity of our citizens and chefs and PRANG! Great eats!
Published in the Press Democrat: Saturday, May 15, 2010 at 3:00 a.m.
- Cotati Farmers Market, 4:30 to 7:30 p.m. Thursdays, June 3 through September at La Plaza Park, Old Redwood Highway and West Sierra Avenue. 795-5508. cotati.org.
- Duncans Mills Farmers Market, 11 a.m. to 4 p.m. Saturdays, late May through Continue reading Farmer’s Markets blooming with the Season–17 Farmer’s Markets for Sonoma County
What is Keller Williams RED Day? (Renew, Energize and Donate) Day is a Keller Williams Realty service initiative dedicated to improving our local communities. We are asking all Keller Williams Realty associates in the US and Canada to donate their time on May 13, 2010 to renewing and energizing aspects of their local communities. Because of her constant commitment to the culture of our company, this day has been dedicated in honor of our Vice Chairman, Mo Anderson.
Our vision for this day is that all Keller Williams associates will actively engage in a coordinated effort to improve their local community. Activities may include rehabbing a house, cleaning up a local trail, providing food for the homeless, or any other service related activity needed in your community. This will be one of the single biggest events ever undertaken in the real estate industry.
My report for our April Sales data reflects a 9% jump in Median Price ytd. Read the entire report by CLICKING HERE! An on-going trend—diminished REO inventory (Sales down 50% over last year!)And “flat” Short-Sale activity ytd too early for HAFA effects. Our “Foreclosure market” still makes up approx ½ the market with 49% of the total Sales but Sales in the “normal” market UP 26% over last year w/34% less DOM. However, if we didn’t have a “Foreclosure Market” are sales would be horrid! Continue reading Home Sales Data for Sonoma County,California–First Time Homebuyer Credit a big BUST!!
Strategic Defaults-Sonoma County,California Sellers–to do a short-sale you need to meet 3 tests:
- Hardship (job transfer, loss of job)
- Insolvency (too much month left after the money!)
- Upside down in your home’s valuation. Just because you paid too much and don’t WANT to make those payments on your HOUSE is NOT reason for a short-sale. Strategic Defaults Comprised 31% of Q1 Foreclosures
May 3, 2010
A quarterly survey by two Chicago professors shows a dramatic increase in the number of “strategic defaults” where an underwater homeowner willingly defaults on his mortgage even though he can afford to make the payments. An estimated 31% of foreclosures involved strategic defaults in March, compared to 22% a year ago, according to the Chicago Booth/Kellogg School Financial Trust Index. The survey is conducted by professors Paolo Sapienza of the Kellogg School of Management, and Luigi Zingales of the University of Chicago Booth School of Business. They said the likelihood of strategic default increases by 23% if a homeowner discovers that a neighbor with negative equity received loan forgiveness from their servicer. The likelihood increases to 29% if homeowners can find alternative financing for a new home. The survey found that 56% of homeowners do not believe that lenders will come after them if they walk away from their home. “With more and more homeowners believing that lenders are failing to pursue those who default on their mortgage, there is a risk that a growing number of homeowners will walk away from their homes even if they can afford the payments,” Sapienza said.
Continue reading Strategic Defaults–UP 31% 1st Quarter! I paid too much–I’m outta here!