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Local Address: April 5, 2009 - April 11, 2009

A Holiday at Home and the Weekend Poll

We like to spend Easter week at home, not in small part because it's a beautiful time of year for a holiday. Why leave Washington in springtime? Let me get outta here in August.

By Elizabeth Razzi  |  April 10, 2009; 6:00 AM ET  |  Permalink  |  Comments (0)
Tags: Easter, barbecue, family, flowers, home, lawn  
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In-Person Loan Modification Comes to D.C.

J.P. Morgan Chase is opening a loan modification center in a fifth-floor office at 1350 I Street, N.W., in the District, near the McPherson Square Metro station. Anyone in the Washington area with a loan serviced by Chase, Washington Mutual or EMC can go in and ask for help saving their home.

By Elizabeth Razzi  |  April 9, 2009; 6:00 AM ET  |  Permalink  |  Comments (0)
Categories:  Foreclosure , Loan modifications  | Tags: EMC, J.P. Morgan Chase, Washington Mutual, foreclosure, loan modification  
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Gay Marriage and Homeownership

One of the benefits to being married is that in many states, including the District, Maryland and Virginia, couples can choose to take title to their home as "tenants in the entirety." It means that each person is 100 percent owner of the house. More gay couples who marry elsewhere and live in Washington, D.C. -- and those thinking of moving here -- will probably be able to take advantage of that protection soon.

By Elizabeth Razzi  |  April 8, 2009; 6:00 AM ET  |  Permalink  |  Comments (2)
Categories:  Buying  | Tags: buying a home, civil union, gay marriage, homeownership, title  
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'We Will Find You and We Will Punish You'

Attorney General Eric Holder had this message for people and companies engaged in ripping-off homeowners on the verge of foreclosure: "If you prey on vulnerable homeowners with fraudulent mortgage schemes, or discriminate against borrowers, we will find you and we will punish you."

By Elizabeth Razzi  |  April 7, 2009; 6:00 AM ET  |  Permalink  |  Comments (3)
Categories:  Foreclosure  | Tags: discrimination, foreclosure, foreclosure prevention, loan modifications, mortgage, mortgage fraud, scam  
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Chat Plus: How Much is That House Worth?

"I've had two contracts fall through because the house appraised for lower than the sale price and the sellers would not sell at the lower price. Do you recommend, in this market in which no one really knows the value of anything, doing an appraisal on a property before submitting an offer? Yes I know it's expensive, but I'd rather spend 500 bucks on a property I am seriously considering than waste three months of my time only to see another contract fall through. How else are we supposed to valuate a property in this climate?"

By Elizabeth Razzi  |  April 6, 2009; 6:00 AM ET  |  Permalink  |  Comments (0)
Categories:  Buying  | Tags: appraisal, buying, contracts, offers, price, property value, sales price, submitting an offer  
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