We have made it to Facebook. Eversley Capital Mortgage has its own fan page. The official page is http://www.facebook.com/eversleycapital

As always we strive to offer Connecticut residents the best and lowest mortgage rates and fees. We offer conventional fixed and arm loans as well as jumbo, conventional jumbo, USDA and VA loans as well as second mortgages both fixed and adjustable. We are located at 3 Everlsey Ave in Norwalk CT.

For the remainder of 2010 if you are purchasing or refinancing and read this blog or come across Everley Capital via Facebook mention either this blog or become a fan on Facebook and at the closing of your loan we will credit you back the cost of your appraisal a value up to $500 dollars. So become a fan today!

The title on the shore is a bit misleading when you read about a 12×24 bayside house but after reading the article and seeing the pictures of the home I have to say it was one of the cooler strange homes I have come across. It is no beachfront mansion. It is almost like a floating boat house yet stable and no swells.

In the article a couple on the Jersey shore transformed and old lobster net house into their vacation home. This is worth the read, enjoy.

If you are Michael Jordan there is no housing crisis. There is no recession. Then again he is “Air Jordan “The newly inducted member of the NBA Hall of Fame has plans that have been approved to build a new home in Jupiter Florida. It is not your average size home though, a sprawling 37,000 plus square feet of home. The home will be situated on The Bears Club which is an exclusive gated Jack Nicklaus designed golf club and residential community. The proposed price to build the sprawling new mansion is near $8 million. Local land records show Jordan paid $4.8 million for the land last year. Certainly a sign that even in this economy and housing environment life is still good for Air Jordan.

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                You just may get the chance. Granted the Obama’s have taken up much nicer digs in Washington D.C. at The White House they are from Chicago and still have a home there. The house next to the Obama’s in Chicago is going on the market for sale.

                Buying the home will be no easy task. You will first need to have a background check from the secret service just to potentially view the home not to mention that the street is barricaded at all times. The real estate agent listing the house does think the home will command an “Obama Factor” in the final sale price. You can read the full article here:  Obamas House in Chicago

So you are like the majority of Americans feeling the economic pinch some worse than others but nonetheless these are some tough times. From the stock market dropping from 10,000 to 6,000 and change and back up again to the mortgage meltdown to the foreclosure crisis and the biggest financial scandal in history with Bernie Madoff Americans are looking for relief.

We all know the government has done its share of handouts. They have bailed out countless corporations and financial institutions. The one thing that no longer ceases to amaze me is how ignorant and brazen some of us can be. I guess that it is just chalked up to human nature.

The point to all of this is out on the “left coast” of California an employee for Wells Fargo who is a VP in the commercial foreclosed homes division had the intelligent or should I say rash idea to call a property Wells had foreclosed on her weekend hang out. The story gets crazier click here to read the article: WELLS FARGO

You be the judge. In the Greenwich Village section of New York City a home has hit the market for sale except it is not your normal size home. It stands a mere 8 ½ feet wide and 42 feet deep. It is listed for a staggering $2.7 million. Here is the original article from the AP it is a must read.   8 1/2 Feet wide and selling for $2.7m

Granted the numbers we are talking about here are pale in comparison to mortgage loans the story is intriguing nonetheless. In Riga which is the capital of Latvia and is located on the Baltic Sea coast you can get a loan at a price, your soul.

Europe has been hit hard by the economic downturn as well it is not just a U.S. event. In Riga the Kontora loan company is lending money at a stiff price, you must sell your soul on the dotted line. The figures are small amounts no more than $500 dollars in U.S. equivalent money but to get the loan you will have part with your soul at least for a short period of time. The original article was first broke by Reuters and was on Yahoo here is the original article to read enjoy.      Sell your Soul

One man’s junk is another man’s treasure, that analogy could not be any truer. In stumbling upon a recent article in the NY Times talking about really bad home locations that people love I thought it is perfect for the classroom.

Home buying 101 is location, location, location. When you are a buyer odds are at some point you are a seller. In the NY Times article it points out bad home locations that people love. For example a woman in Connecticut who purchased a 1800’s summer home in Cornwall Bridge. It is directly next to train tracks, if you moved the same home a mile down the road it would probably double in value so the type of home that she wanted was more attainable and she is ok with the train running through her backyard.

Why do some people prefer contemporary style homes instead of colonial? Each and every one of us has different likes and dislikes. The bottom line is there are always different strokes for different folks and there will always be a market for what some of us think are odd places to live. Hopefully if you are one of the people that like “different” places to hang your hat you are not looking to sell anytime soon.

NY TIMES ARTICLE BAD HOME LOCATIONS PEOPLE LOVE

Famed architect Frank Lloyd Wright who designed many structures including the famed white spiral at the Guggenheim Museum in NY has had is home listed for sale.

His famed home named “theEnnis House” that has served as the set of many movies and is located in Los Angeles has been put up for sale. The listing price is $15 million.

The famous architect whom has long ago passed away has his legacy live on through the amazing buildings and homes that he has designed. The article first hit the news from Reuters, here is the original article:  Frank Lloyd Wrights famed Ennis House

In Boston, Massachusetts a parking space sells for $300,000. No home included, just the right to pull up and park your car there. Parking in major cities is and always will be a nightmare. That figure is the equivalent of paying $35 a day to park your car for the next 25 years. The article has been on Yahoo and the real estate agent from Coldwell banker who listed the space had originally listed it for $250,000.

Here is the article:   House Not Included