Three years ago, Ocean Bank, Florida’s largest commercial bank, was getting substandard ratings from Federal Deposit Insurance Corp. in regard to it’s community lending practices. Now, in 2008, they seem to have cleaned up their act. In 1977, the federal government passed the Community Reinvestment Act (CRA). The CRA prohibits the practice of redlining, in [...]

Roost.com claims to list EVERY home for sale. When I saw that little “Really?” down there I thought I would be linking to an explanation of how they had pulled off the amazing feat of listing every home for sale, ever. The answer: Well ok… We don’t always have every home for sale (no site [...]

Some good advice from the Chicago Tribune via the Sun Sentinel. If you’re stuck holding onto a house, waiting for a buyer with deep pockets to come along, take the extra time to update, declutter, and clean the house. It makes a world of difference: There is a silver lining out there for homeowners who, [...]