lonniesnyder's Blog: Funny

 

With so much media attention on the housing market and mortgage industry recently, you may be hearing and reading some unfamiliar terms. Here's a glossary to help:

• Deed in lieu -- when a lender agrees to accept a property's deed (rather than foreclose on the property) to settle the borrower's obligation.
• Jingle mail -- when a borrower mails the home's keys to the lender to transfer control of the "collateral" behind the loan.
• Liar loans -- no-document, stated-income loans.
• Lis pendens -- Latin for "legal action pending," the formal notice that begins the foreclosure process.
• LTV -- Loan To Value percentage, e.g., 80% LTV on a $100,000 sales price is an $80,000 loan.
• NOD -- a Notice Of Default filed in court by a lender…

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1. My mother taught me TO APPRECIATE A JOB WELL DONE.
"If you're going to kill each other, do it outside. I just finished cleaning."
 
2. My mother taught me RELIGION.
"You better pray that will come out of the carpet."
 
3. My mother taught me about TIME TRAVEL.
"If you don't straighten up, I'm going to knock you into the middle of next week!"
 
4. My mother taught me LOGIC.
" Because I said so, ! that's why."
 
5. My mother taught me MORE LOGIC.
"If you fall out of that swing and break your neck, you're not going to…

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Posted by Lonnie Snyder under For Buyers, For Sellers, For Realty Professionals, Regional - West, General Information, Statistics, News & Media These numbers are based on a three month historical analysis that is updated on a weekly basis. MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 97 Days (Up From 95 Last Week)
Inventory of Active Listings: 562 (Up from 542 Last Week)
Inventory of Sold & Pending Listings: 253 (Up From 217 Last Week)
51 listings are absorbed by demand each month on average. (Up From 72 Last Week)
11 Months Worth of Supply (Up from 7.5 Last Week)
Average List Price: $883,481 (Down from $886,613 Last Week)
Average Sale Price: $747,990 (Down from $741,774… Read Full Post

 Police say there was nothing to indicate a crime.
Skeletal remains found Thursday at a construction site in the Renton Highlands likely belonged to a person who was buried more than 60 years ago on the property, Renton police reported.
Police excavated the property after an adult jawbone was found Tuesday while the developer was digging to connect utilities to new homes at 2209 Edmonds Ave. N.E. In their excavation, police found more remains, along with metal poles and brackets that likely were part of a casket, police spokeswoman Penny Bartley said.

"We believe these remains were no doubt a family member or a loved one of the property owners Typically we don't see crime victims buried in caskets."
The ornate pieces likely were crafted between 1910…

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