http://wallaceandkelly.com "All Things Real Estate and Some Other Stuff Too..." Mon, 05 Jan 2009 19:55:15 +0000 http://backend.userland.com/rss092 en This explanation in terms everyone can understand was forwarded to me from one of my very favorite lenders and I just had to share.... "Once upon a time a man appeared in a village and announced  to the villagers that he would buy monkeys for $10 each.  The villagers, seeing that there were ... http://wallaceandkelly.com/2009/01/05/i-think-i-finally-understand-the-bailout/ Please make it safe,  loving, caring, and most of all FUN!!!!! Wallace & Kelly... http://wallaceandkelly.com/2008/12/31/happy-new-year/ Ahh… tis the season for bubbly and more bubbly. But of course, those in the wine trade would like to encourage wine consumers to drink sparkling wine anytime throughout the year and at any time of day. I like to drink sparkling before eating as it prepares the palate for ... http://wallaceandkelly.com/2008/12/21/sparkling-rose/ Now when you read the title of this blog read it using that lovable voice of Forrest Gump. You know when he kept going to the Whitehouse and meeting the President. Well so now we are in unprecidented territory with a first time ever range of 0-0.25% interest. The sad ... http://wallaceandkelly.com/2008/12/17/fed-drops-rate-again/ Oh this is an extremely smooth and tasty everyday beer. Perfect with pork, beef, chicken, fish and vegetables. Yea, you can pretty much say that this is a safe bet if you prefer a beer with taste and a crisp finish. http://wallaceandkelly.com/2008/12/16/harp/     Great article in my local paper this morning talking about the U.S. Treasury Department investigating Mortgage Fraud. I for one hope that the true criminals behind all this mess we are busy working our way out of spend some quality time in a penitentiary not of their choosing. Take a ... http://wallaceandkelly.com/2008/12/12/someones-in-trouble/ 90 day flip rule for FHA loans. Who are they trying to protect? Don't tell me the consumer because I will call Bull poop. Now I hear that some PMI companies are not insuring convetional loans citing the FHA 90 day flip rule. Wow, excuses, excuses.   Kelly... http://wallaceandkelly.com/2008/12/11/excuses-excuses/ Hey, guess what I was just told?! FHA interest rates are at 5.625% this morning and conforming  Conventional 30 Year fixed is at 5.875%. Now those are awesome rates!     Kelly... http://wallaceandkelly.com/2008/12/10/interest-rates-are-great/ Over the past couple months I have been lucky enough to attend a few wine events that included line ups of some remarkable wines and found that wines from Argentina are crazy delicious! The wines coming out of this South American country are incredibly flavorful, complex, and more often than ... http://wallaceandkelly.com/2008/12/06/south-american-wines-%e2%80%93-argentina/ As we all know it is very important for those who succeed year after year in any business to have well defined written goals. We all have attended the workshops and sales seminars stressing this very point. Problem is, an overwhelming majority of us start out with such good intentions ... http://wallaceandkelly.com/2008/12/05/goal-setting-for-a-new-year/