| Price | $28500 |
| Year | 2006 |
| Make | BMW |
| Model | 750Li |
| Body Style | Sedan |
| Trim | Loaded |
| Engine | 4.8 V8 |
| Transmission | Auto |
| Drive | Rear Wheel Drive |
| Wheels | Aluminum |
| Exterior Color | Silver |
| Interior Color | Black Leather |
| Mileage | 62,600 |
| Vin | WBAHN835X6DT29975 |
| Stock | 09073 |
| Photo Gallery | www.Riversidemotorsport.com |
Introduction
As BMW's flagship sedan, the 7 Series offers supreme levels of luxury and performance. Powering this 750 model is a 4.8-liter V8 with bi-VANOS dual variable valve timing, Valvetronic technology that infinitely adjusts valve lift and a two-stage intake system that matches intake manifold length to engine speed.
Thusly equipped, this V8 makes 360 horsepower and 360 pound-feet of torque.
Once you step up to the super-luxury sedan segment, you expect prospective cars to amaze you with their fabulous levels of luxury and safety, and the 7 Series does not disappoint in these areas: The front seats offer up to 20-way power adjustments and the rear seats give you 14-way adjustment. And you can heat or cool just about any surface inside the car. The BMW 7 Series also offers a high level of competence when pushed hard on twisty roads -- something that can't be said of most of its competitors.
The most important innovation contained in the 7 Series is also the one that gives us the most pause: the iDrive system. While able to manage a lot of functions -- onboard telematics, including GPS navigation, Internet access and the BMW Assist system (for emergencies), as well as climate and stereo functions -- iDrive has a steep learning curve. Basic adjustments can be made rather easily, but more complex functions require time with the owner's manual and patience to learn. If you have always wanted to own a large, luxurious sedan, the 2006 BMW 7 Series is for you.
Powertrains and Performance
This 750Li is powered by a 4.8-liter V8 with 360 horsepower and 360 pound-feet of torque, along with impressive mileage ratings of 18 city/26 highway.
Safety
Included on this model are four-wheel antilock disc brakes with proportioning, cornering and stability enhancements, BMW's Dynamic Stability Control system, front side-impact airbags, head protection airbags for front and rear occupants, and active knee protection.
Interior Design and Special Features
Inside, the BMW 7 Series cabin has a clean appearance, thanks to the minimal center stack controls. The iDrive system was designed to consolidate the vehicle's control systems into one easy-to-use interface, but even with this year's usability upgrades, the learning curve is steep. Backseat passengers will be just as comfortable as those in front, as the rear seatback contours perfectly to support your lower back and shoulders, while headroom and legroom are abundant.
Driving Impressions
Even at high speeds, the 7 Series cabin is devoid of engine and wind noise. Steering feel is typical BMW with relatively high weighting and excellent feedback. Body roll is held in check during cornering via the standard Active Roll Stabilization system. While it may be a stretch to call such a large car nimble, it's easy to confuse the 2006 BMW 7 Series for a sport sedan on the open road.
Lists & Rankings
The Healthiest And Unhealthiest States
Rebecca Ruiz, 11.17.09, 12:01 AM ESTNew England states top this new set of rankings, while the South still lags.
See: America's Healthiest And Unhealthiest States America's Health RankingsTM: The Only 20-Year Scorecard of Our Nation's Health -->
This annual ranking, published by the United Health Foundation, looks at 22 indicators of health, including everything from how many children receive recommended vaccinations, to obesity and smoking rates, to cancer deaths. (Insurer UnitedHealth Group funds the foundation.) Scores for each state are determined by gathering data from a variety of government and nongovernmental databases and then calculating how much each state is better or worse than the national average for each measure. Click here to see the report. The below chart lists the final results in addition to rank changes in specific categories over the past 20 years.
2009 STATE RANKINGS 1Vermont 2Utah 3Massachusetts 4Hawaii 5New Hampshire 6Minnesota 7Connecticut 8Colorado 9Maine 10Rhode Island 11Washington 12Wisconsin 13Oregon 14Idaho 15Iowa 16Nebraska 17North Dakota 18New Jersey 19Wyoming 20South Dakota 21Maryland 22Virginia 23California 24Kansas 25New York 26Montana 27Arizona 28Pennsylvania 29Illinois 30Michigan 31New Mexico 32Delaware 33Ohio 34Alaska 35Indiana 36Florida 37North Carolina 38Missouri 39Texas 40Arkansas 41Kentucky 42West Virginia 43Georgia 44Tennessee 45Nevada 46South Carolina 47Louisiana 48Alabama 49Oklahoma 50Mississippi RANK CHANGE OVER 20 YEARS
Top 10 Smoking Bottom 10 Smoking 1Rhode Island 41West Virginia 2Virginia 42Illinois 3Maryland 42Montana 4Florida 44Idaho 5Delaware 45South Carolina 6Vermont 46Indiana 7Connecticut 47Nebraska 8New Hampshire 48Wisconsin 9Arizona 49Utah 9Michigan 50Missouri 9Nevada
Top 10 Obesity Bottom 10 Obesity 1Connecticut 41Georgia 2Rhode Island 41South Carolina 3Massachusetts 43Missouri 4Florida 44South Dakota 5Wyoming 45Ohio 6Colorado 46Kentucky 7Indiana 47Mississippi 8Vermont 48Oklahoma 9Nevada 49Tennessee 10Idaho 50Alabama
Overall Change - Top 10 Overall Change - Bottom 10 1New York 41Louisiana 2Vermont 42South Carolina 3Hawaii 43Tennessee 4New Hampshire 44Arkansas 5Minnesota 45Ohio 6New Jersey 46Alabama 7Oregon 47Kentucky 8Alaska 48Mississippi 9Washington 49West Virginia 10Massachusetts 50Oklahoma
I'm going to Vermont to get skinny!
Reid wants to attach the tax-credit measure to a bill that would extend unemployment benefits.
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Even if you miss one mortgage payment, you are in danger of having the foreclosure process begin. Now, this does not necessarily mean you are inevitably going to be foreclosed upon, but the mortgage company is going to tell you that they have not received your payment and that you should send it immediately.
Typically, you will get these letters for two to three months if you do not make a payment, and nothing else will happen. If you make good on your mortgage payments, nothing else should occur and everything should be okay as far as your mortgage goes. However, it might go on your credit report that you have been past due on your mortgage payments.
Let's now see how the foreclosure process unfolds if you do not meet your obligations:
Once you are sixty days past due, you will get what is called a notice to accelerate. At this point, you will need to bring the loan current and nothing else will do, usually, to stop the foreclosure process. You will need to pay the past amount plus any late fees they assess you.
You may also receive a threatening letter saying that if you do not pay by a certain date, they may accelerate the due date of the loan and start the foreclosure process. The letter may also tell you that if you do not pay the amount past due and they accelerate the due date of the loan, you will also be responsible for any attorney fees added to the delinquent amount.
If you do not respond by paying the full amount due on the date the mortgage company has established in their notice to accelerate, they will hire an attorney and this attorney will forward you what's called a demand letter.This letter formally notifies you that if you don't bring your loan current immediately, the foreclosure process is going to go ahead within the court system.
If you do not respond to the previous demand letter by paying the full amount due plus any attorney fees, the lender will then file a formal foreclosure notice with the court. This is a notice of default, and will list the entire amount you need to pay. You have about twenty to thirty days to respond to this judgment before the foreclosure process proceeds further.
If you have not previously responded to the demand letter or to the notice of foreclosure, you will be given a notice of sale after twenty to thirty days have gone by, the period of time you were given to respond to the notice of foreclosure. This particular notice simply sets the sheriff's auction date, and your house will be sold at auction at that point.
Be aware that this is the foreclosure process the mortgage lender takes if you do not respond at any other point in the process.With the exception of the last step, the notice of sale, you have the ability to stop home foreclosure, in some cases, as long as you stay in communication with the bank.
It does not necessarily mean you are not going to lose your home, but be aware that the bank does not want to foreclose on you any more than you want the foreclosure process to happen. Therefore, to help stop home foreclosure, establish communication with the bank at the very first step of the process, even before you have missed your first payment if you know it is going to happen.Therefore, to help stop home foreclosure, establish communication with the bank at the very first step of the process, even before you have missed your first payment if you know it is going to happen. They may be willing to work with you to accept partial payments right up front until you've caught up, AS LONG AS you keep in constant communication with them
Once you get to the point in the foreclosure process where they cannot accept partial payments, the notice to accelerate, you will have no other recourse but to make full payment or lose your house. Therefore, it is in your best interests to keep in constant contact with your mortgage lender once you know you're going to have trouble meeting your mortgage payments.
Glimmers of a home-price recovery mean that some home builders may soon return to the black. But, with prime land plots tough to find, investors shouldn't set their sights on healthy profit margins.
Over the past few years, many builders have shed some of their best land holdings and hoarded cash to strengthen balance sheets. Many expected to be able to restock at low prices when competitors fold, conscious that the last big property bust in the early 1990s led to plenty of cheap land sales.
![[homebuilders and land prices]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_tVZkuGyaBey-pUv8RX4eyQQoRU48t2y4RVCQVA9ADjY0H3ncxA184RjLHH2kaEtbzuVD8sAi274zpkcNLnsQvqp29-qrZJE5Cc24zzdE2eqLD90OInK3AUOFrUKHn8gNjVQpjJVB3Xrdlhd4BX3Ot9Pg=s0-d)
It hasn't yet worked out that way. Even with many private builders going bankrupt, the supply of desirable lots has run dry.
That's partly because many lenders who have taken possession of land are wary of selling while the market is soft. So land costs are rising in locations where builders are most keen to invest.
Take California, where the likes of D.R. Horton and KB Home have a sizable presence. In prime locations, prices of finished lots have risen 10% to 30% in the last four months, according to Jeff Spindler of land brokerage Park Place Land Advisors.
Publicly listed builders have accounted for the majority of bidders at auctions of such finished lots, Mr. Spindler says. While land prices in remote areas have been more stable, major builders have been focused on densely populated areas where homes are expected to sell quickly.
The risk is that builders are betting on higher housing prices to justify paying up for land. But if home prices don't keep pace, builders could see margin growth stifled. Citigroup's Josh Levin says the median gross margin for public builders is around 13%, compared with roughly 20% before the bubble.
Builders with the least land could be expected to buy most aggressively. KB Home, for instance, has land sufficient for only 3.3 years worth of building needs based on construction rates over the past year, according to Barclays Capital's Megan McGrath. That compares with an industry average of about 5.1 years.
And those estimates could exaggerate the true supply, since they include both finished lots and raw land. The latter requires thousands of dollars in additional investment per lot, so it's unlikely to be used until home prices increase substantially.
Horton may also feel pressure to refill its land bank. The company still has 5.4 years of supply, but the number of owned lots has fallen 32% in the year through June, Ms. McGrath estimates.
And yet, stock valuations suggest hopes for a smooth return to profitability. Ms. McGrath says Horton trades at 1.5 times tangible book value, while KB Home is at 1.9 times.
Those are roughly in-line with the industry's long-term average of 1.6 times. But that long-term average mostly reflects years when retained earnings were causing book values to grow.
With major builders still bleeding red, their stocks are dependent on a swift home-price rebound.
Write to John Jannarone at john.jannarone@wsj.com
If you were not able to view the last tweet, with link to Google Docs, I am attaching a excel spread sheet of the data for the Sept New Construction Sales for 2009. I haven't finished the complete report yet, but wanted to give you guys a heads up on what is coming. Make sure that you click the download button below the iPaper viewer to download a copy to your hard drive. 138 sales for the month, Inventory Levels are way down, 125-150 range continues to be the hot range,,, Stay tuned for the Ada County Market Report coming soon!
Loan Modification
Frequently Asked Questions
Information by State
Print version
Related Information
Loss Mitigation Policy & Guidance NSC FAQ Table of Contents Servicing Guidance
A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford.
Question 1: In utilizing the Loan Modification option to bring an asset current, can the mortgagee include all fees and corporate advances?
Answer: Mortgagee Letter 2008-21 states in part: Legal fees and related foreclosure costs for work actually completed and applicable to the current default episode may be capitalized into the modified principal balance.Question 2: May a mortgagee perform an interior inspection of the property if they have concerns about property condition?
Answer: Yes, per Mortgagee Letter 2000-05, page 20, the mortgagee may conduct any review it deems necessary to verify that the property has no physical conditions which adversely impact the mortgagor's continued ability to support the modified mortgage payment.Question 3: Can a mortgagee include late charges in the Loan Modification?
Answer: Mortgagee Letter 2008-21 states that accrued late charges should be waived by the mortgagee at the time of the Loan Modification.
Question 4: When utilizing a Loan Modification option, can a mortgagee capitalize an escrow advance for Homeowner's Association fees?
Answer: HUD Handbook 4330.1 REV-5, Paragraph 2-1, Section B, Escrow Obligations states: Mortgagees must also escrow funds for those items which, if not paid, would create liens on the property positioned ahead of the FHA-insured mortgage.Question 5: Is there a new basis interest rate which mortgagees may assess when completing a Loan Modification?
Answer: Yes, Mortgagee Letter 2008-21 states that the new basis interest rate is 200 points above the monthly average yield on U.S. Treasury Securities, adjusted to a constant maturity of 10 years.Question 6: Will HUD subordinate a Partial Claim, should a mortgagor subsequently default and qualify for a Loan Modification?
Answer: If a mortgagor subsequently defaults and qualifies for a Loan Modification, HUD will subordinate the Partial Claim.Question 7: Are mortgagees required to perform an escrow analysis when completing a Loan Modification?
Answer: Yes, mortgagees are to perform a retroactive escrow analysis at the time the Loan Modification to ensure that the delinquent payments being capitalized reflect the actual escrow requirements required for those months capitalized.Question 8: Is the mortgagor eligible for the upfront premium refund at payoff of a modified loan?
Answer: It depends upon when the closing date occurred. For assets closed:
After July 1, 1991 but before January 1, 2001, the 7-year unearned premium refund schedule shown in Mortgagee Letter 1994-1 remains in effect,
On or after January 1, 2001 that are subsequently refinanced, the 5-year refund schedule shown in the attachment of Mortgagee Letter 2000-46 applies, or
On or after December 8, 2004, refunds of upfront MIP are eliminated except, when the mortgagor refinances to another FHA insured mortgage. The refund schedule attached to Mortgagee Letter 2005-03 has been modified to a 3-year period.
Question 9: Can a mortgagee qualify an asset for the Loan Modification option when the mortgagor is unemployed, the spouse is employed, but the spouse name is not on the mortgage?
Answer: Based upon this scenario, the mortgagee should conduct a financial review of the household income and expenses to determine if surplus income is sufficient to meet the new modified mortgage payment, but insufficient to pay back the arrearage. Once this process has been completed the mortgagee should then consult with their legal counsel to determine if the asset is eligible for a Loan Modification since the spouse is not on the original mortgage.
Good Q & A to clear up any confusion on Loan Modifications
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