Economy

The Sunday Times of London Is Sneaking Up On Rick Perry. Dallas Real Estate News

By Candy Evans / August 31, 2011 /

  “In London, you’re only a somebody if your phone’s been hacked.” There was a fund raiser for Rick Perry last night at The Fairmont, and a darling Brit snuck in from The Sunday Times of London. Her name is Christina Lamb, she’s the Washington Bureau Chief of The Sunday Times, and a brilliant, seasoned, dynamo reporter…

Foreclosure Facts: Most DFW Homes Posted for Foreclosure are $200,000 and Below

By Candy Evans / August 31, 2011 /

A few quick facts from Foreclosure Listing Service that should help us catch our breath as we listen to the barrage of depressing national stats coming down the pike. But here in Dallas: “The average Joe is still the one feeling the pains of this foreclosure crisis.” “83% of the homes posted for foreclosure so far…

“I Just Gave My Bank a Free Loan and Paid for the Priviledge of Doing It:” Equity Accelerator BS & More Dallas Real Estate News

By Candy Evans / August 31, 2011 /

Susan Knape of Dallas, Texas thought she was doing something smart: paying AHEAD on her mortgage. In fact, if you open your mortgage statement each month, I will bet you the paperwork is right there in the envelope popping out. I’m talking about the equity accelerator programs offered by JP Morgan Chase, Well Fargo, Citibank…

Could An Error at Experian Be Screwing Texas Consumers On Real Estate Loans?

By Candy Evans / August 30, 2011 /

I have a friend named Dormand Long. We met at my house, when he brought his son to a Dartmouth College send-off party, which we usually host. Dormand is brilliant. Not sure what he does for a living,  but is a research genius and sends a plethora of information my way. There are honestly not enough hours in…

Ad Valorem Taxes & The Elderly: You Can Defer Taxes for 8%

By Candy Evans / August 29, 2011 /

Last week we learned in the Dallas Morning News that about 3,000 elderly (that is, folks over age 65) and disabled Dallas County property owners are due for a fiscal surprise because of a computer glitch in the Dallas County Appraisal District that miscalculated their 2010 tax bills. That surprise is a higher tax bill than…