I’ve been really busy this week, but nothing too exciting going on. I have the closing from hell going on currently- the scam artist buyer and the sketchy Title Co are in bed together- I’ll post details and warnings on that once the deal closes and the bank clears the check. It’s ridiculous, to say the least.
The Super Bowl is Sunday- Times like this I’m really glad I don’t live in the West Side. I can only imagine the insane traffic and morons out there this weekend. Good luck to those of you who live over there- now’s a great time to consider dumping your house and picking up a foreclosure here on the East Side! I wonder how those people who were trying to rent out their homes for $2k/week are feeling right about now. I’ll bet they’re saying it wasn’t worth it, and ‘I shouldn’t have offered to be their personal Chauffeur for the week!" The Arizona Cardinals are making a FORTUNE off of this thing- and from my experience of working with them years ago, I’m sure they’re milking it for every last penny they can. Oh, and you better believe they’re already bidding for the 2012 Super Bowl rights. Personally, I’m not rooting for either team per se’, I just hope they have better commercials than they’ve had the last few years. 
Wal-Mart has soo generously slashed their prices (*cough ‘on selected items’ *cough) 10-30% with a
HUGE media spin. All week the media was reporting the price reduction as their efforts in assisting with the economic crisis currently going on in our country. The funny part is, by the middle of the week, it appeared that only ‘Super Bowl Items’ were receiving the discounts- items such as flat panel tv’s, specific football groceries, etc. So, while that American Family fights to save their home from foreclosure, at least they can save a bundle on that new 52" Flat Panel TV for the big game this weekend. Aww, Wal-Mart Cares.
Britney Spears was committed to a Psych Ward and listed as ‘Gravely Disabled’- meaning, she is not capable of providing the basics in life, food, water, shelter, etc. Her entire estate has now been turned over to her family/lawyers, which is enraging her more. Poor Brit Brit, life must be soo hard for her. 
The Feds slashed rates again. I didn’t post about it because my sources are telling me that the rate cut only really benefits the lenders. The rates for consumers buying loans stays about the same, but provides a little more profit margin for the banks. I believe there’s more to come in the near future. Much like gas prices, the rate cuts are coming at a good time for greasing the wheels of the next President. And yes folks, politics has influence over the Fed’s rates (or is that the other way around?).
Locally- deals are still flowing. I’m seeing a slight increase in what wholesalers are buying/selling at. It’ll probably gear up a little bit during our peak buying season, but then drop back down during the dead times. Still tons of deals out there, lots happening under the radar that doesn’t get reported in the media. It’s a great time to be in Real Estate and building your wealth!
Be careful out there this weekend!
