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Yes, in addition to the $5.3 million 8 and a half baths home in D.C., Obama has purchased a multi-million dollar home in Rancho Mirage, California, a community known for its world-class golf courses. This will come in handy for the Golfer-in-Chief, who by January will have spent 270 days of presidency on the links .
Outgoing and, by all accounts, semi-retired, President Obama is reportedly eyeing a home in Rancho Mirage listed at $4.25 million, and the first couple might be closing before the month is out.
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US President Barack Obama and his wife, Michelle, could be the owners of a US$4.25 million home in the southern California desert community of Rancho Mirage before the month is out.
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· The Obamas have purchased a home in tony Rancho Mirage, California, the Los Angeles Times reports. The $4.25 million home is in the same gated community where Frank Sinatra, Bob Hope, and Bing Crosby once lived.
HUD releases unemployment mortgage assistance to 27 states New Mortgage Assistance Program For Unemployed Workers For 27 States The Housing and Urban Development Department has created a new mortgage assistance program, the Emergency Homeowner’s Loan Program, designed to help unemployed workers who are struggling to pay their mortgages.
· The Obamas are leasing the 8200 square foot, nine bedroom home, which on Zillow is priced at $22k per month. The house is valued at six million dollars. RELATED REPORTS BY THE INQUISITR. Click here to continue and read more. See The Obama Family New Homes In Washington, DC And Rancho Mirage, California is an article from: The Inquisitr News
Subprime, Alt-A Delinquencies Piling Up "It’s a CSI subprime." In the past few weeks, the bodies have been piling up fast and furiously. Fallout from subprime mortgages – that is, home loans to borrowers with a blemished credit history – gone bad has wreaked havoc on the industry.REO sales may not peak until 2013 Mortgage Loss Given Default: Loss on Sale and lost time abstract. The peak of the distribution is for losses of 40 to 50 percent. However, Loans with losses and a recorded sale that are not reo may be short sales (the borrower sells the property but does not cover all the losses), complete sales (the borrower sells the property and.
· President Obama and his wife, Michelle, could be the owners of a home in Rancho Mirage listed at $4.25 million before the month is out. The First Family is believed to be in escrow on a.
Century 21 sweeps J.D. Power real estate awards In the second decade of the 19th century, a group of English textile workers called the Luddites protested the introduction of spinning frames and power looms. few years in the value of stocks,
A $4.25M home in Rancho Mirage for the Obamas? Additionally, the white house responds:. warming, MSM should be at home on really hot planets like Mercury or Venus.. night, perhaps it should be Trump asking to audit the Obama’s taxes paid.. Rancho Mirage, CA residence . . . $4.25M/The Los angeles-based interior designer Michael S. Smith is.