| John McCain's home on the market! | |
 One of the former homes of John and Cindy McCain in Phoenix, Arizona is for sale for a cool $12 million. The Presidential candidate is rumored to own seven homes across California, Arizona, and Virginia. Their former pad sits on 2+ acres with over 14,000 square feet. The remodeled Southwest-style home includes a wine cellar, fitness center, theater, lap pool with his & her cabanas, separate pool house, and a patio with spa and built-in fireplace for those cold desert nights. But most impressive are the three Ramadas and playhouse in the backyard. | |
| Check out John McCain's mansion here » | |
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Friday, October 31, 2008
You mean Cindy's House?
Tuesday, October 7, 2008
Sunday, October 5, 2008
Sign of the Times
Mortgage forgiven for woman, 90, who shot herself
October 05, 2008 10:31 AM EDT
AKRON, Ohio - Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her.
Addie Polk's plight was cited by Rep. Dennis Kucinich, D-Ohio, on Friday before the House voted to approve the $700 billion financial rescue package. Kucinich voted against the plan.
Fannie Mae announced later Friday that it would dismiss its foreclosure action, forgive Polk's mortgage and allow her to return to the Akron home where she's lived since 1970.
"Just given the circumstances, we think it's appropriate," Fannie Mae spokesman Brian Faith said, citing Kucinich's statement and news reports. "It certainly made our radar screen."
Polk remained in Akron General Medical Center and was expected to recover from chest wounds suffered last week.
She became the home's sole owner in 1995 when her husband died, then took out a mortgage loan in 1997 and refinanced several times, court and property records show.
Countrywide Home Loans filed for foreclosure last year, and Polk's home was sold to Fannie Mae at a sheriff's auction in June. Deputies were to escort Polk from her home Wednesday when gunshots were heard inside.
Polk's longtime neighbor, Robert Dillon, climbed through her window and found her lying in bed bleeding with a gun next to her. He visited Polk in the hospital on Friday.
"She said it was a crazy thing to do, now that she's had time to think about it," Dillon said.
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Information from: Akron Beacon Journal, http://www.ohio.com
Saturday, August 30, 2008
Palm Springs CA Foreclosure World
 | 79332 Cool Reflection Must See!! Type: Single Family Home Location: 55+ City Community Price: $277,000 Get more information > |
 | 2803 Via Calderia Must See!! Type: Condo Location: Palm Desert Price: $249,900 Get more information > |
 | 69130 Gerald Ford Dr #23 Must See!! Type: Condo Location: Cathedral City Price: $129,500 Get more information > |
 | 78590 Forbes Cir Check This Out!! Type: Single Family Home Location: La Quinta Price: $419,000 Get more information > |
 | 44905 Calle Santa Barbara Beautiful Bank Owned Home! Type: Single Family Home Location: La Quinta Price: $409,900 Get more information > |
 | 10 Tucson Cir Fabulous price and shows great!! Type: Single Family Home Location: Palm Desert Price: $359,000 Get more information > |
 | 68685 Durango Rd Type: Single Family Home Location: Cathedral City Price: $275,500 Get more information > |
 | 27155 Ventura Dr ****Bank owned**** Type: Single Family Home Location: Cathedral City Price: $149,000 Get more information > |
 | 30655 Avenida Del Padre Bank Owned!!! Type: Single Family Home Location: Cathedral City Price: $249,900 Get more information > |
 | 963 Mira Grande Type: Single Family Home Location: Palm Springs Price: $349,900 Get more information > |
 | 3006 N Cypress Rd Check It Out! Type: Single Family Home Location: Palm Springs Price: $327,500 Get more information > |
Wednesday, August 27, 2008
Malibu CA foreclosure World
Atlanta Fed President Dennis Lockhart welcomed the recent rise in the U.S. dollar, but said home prices in the
Following a speech at an Economic Outlook Conference in
If you own a house and have outstanding home equity loans or the infamous CASH OUT REFI, you are in trouble, as the value of your house is declining.
But, if you do not own a home, prices are back to a reasonable level.
For example, check out
$10,000
Single-Family Home
$10,500
3 br 3 ba 3,000 sqft
Apt/Condo/Twnhs
JUST ADDED!
32800 Pacific Coast Hwy, Malibu CA
$25,000
3 br 3 ba
Single-Family Home
20802 Pacific Coast Hwy, Malibu CA
$30,000
3 br 5 ba
Single-Family Home
$39,000
Lot/Land
$51,740
7 br 8 ba 7,587 sqft
Single-Family Home
FORECLOSURE
$57,750
Lot/Land
$59,000
Lot/Land
$59,000
Single-Family Home
FORECLOSURE
$90,000
Lot/Land
$95,000
Lot/Land
$99,000
Lot/Land
Friday, August 15, 2008
Greenspan Speaks!
Alan Greenspan Sees Housing Prices Sort of Hitting Bottom in mid-2009
Fri, 15 Aug 2008 12:19:03 EST
Greenspan said that he expects housing prices to begin to stabilize in the first half of 2009 although they could continue to drift lower for quite some time thereafter, even after essentially reaching bottom.
Greenspan, however, is not changing his long-standing belief that Freddie Mac and Fannie Mae represent the root of all evil...
Tuesday, July 1, 2008
Land Shark!
In the current mortgage meltdown, it is CaptnMortgage's obligation to enlighten readers as to the nature of the home loan industry....
stay tuned....
stay tuned....
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