For each week’s Eye on Real Estate Show on WOR NewsTalk Radio 710, we include a segment called “The BlogCast” where I discuss several housing related (sometimes a stretch) posts from some of my favorite blogs. They cover topics that are current, funny or simply a “must read”.

Saturday’s BlogCast covered the following blog posts:

[The Real Estate Bloggers] The Watergate Hotel Sold To European Investment Group For many of us, the term Watergate brings back bad memories of politicians gone bad. We forget that the scandal is named after the Watergate Complex, a group of 5 buildings near the John F. Kennedy Center for the Performing Arts. The hotel that was attached to the complex failed in 2007 but was purchased yesterday by a European real estate management company. They plan on returning the hotel to it’s former glory while keeping the option of turning some of the rooms into condos if the market will accept it.

[Straight Talk About Mortgages] Lending Rule #101 – Don’t Loan Money to People Who Can’t Pay It Back… Duh, it’s all about common sense. People who can’t pay it back shouldn’t get the loan in the first place…

[ST Paul Real Estate] Should I take the fridge? I got a call last week from a woman who is being foreclosed upon and there isn’t anything she can do about it at this point…She wanted to know if she had to leave her appliances behind when she left her home. She told me that they are fairly new and that she would like to keep them.

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