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We’ve all seen examples of what looks like a “sweetheart” government deal that benefits Wall Street at the expense of Main Street, right? 

Well have I got a story for you….a deal made by the FDIC when it sold the assets of failed  Indy Mac Bank to One West Bank in March 2009.  

You’ve got to see this five minute video that explains not only how One West Bank is “banking” money that is coming from the US Treasury and has a deal with absolutely no risk. 

After watching the video, I’m sure you will agree that this is a government gone wild with our money.  I’ve sent a copy of this to my Congressional Representative and if you feel like I do that Washington has total disregard for the tax payer, please do the same.

In these complex times, I am always available to answer your questions or discuss you concerns.  Simply call, text or email me for a prompt response.

Now, more than ever buyers and sellers will benefit from the advice and guidance that an experienced REALTOR® can provide. If you are in the San Francisco Bay Area, I invite you to take a look at our Resource Center, www.AboutBayAreaHomes.com. There you will find links for active home listings, including bank owned and short sales, home loan information,  market activity reports, home seller strategies, staging and decorating, a suite of 19 calculators, plus my book, “Let’s Make a Deal, The Insiders Guide to Buying and Selling Real Estate” and more. Of course I am always available to discuss your real estate or mortgage related questions or concerns, just call, text or email me for a prompt response.

Russ Boyd and his team professionally assist buyers, sellers and homeowners in the Peninsula Communities of the San Francisco Bay Area. They serve clients in San Mateo, San Francisco, Santa Clara, Alameda and Contra Costa counties. Licensed as a Real Estate Broker by the California Department of Real Estate, 01264240.