People often tell me that when they were in college they assumed owning a home was something they would only do much later in life. The goal of being a...
How bad is it for you when you live in a ghost town? Drives down property value, doesn’t it? Well, Washington thinks America’s cities are turning barren, with empty homes...
Whoops! Experts in the real estate field really slipped up on this one. Since the expiration of the homebuyer tax credit, pending home sales have been in a steady decline....
Home appraisals are often the most stressful part of any home sale. You never know if your home is worth what you’re hoping to get for it. You never know...
Duck! Your bank is falling! A few years ago, that would have sounded as absurd as “The sky is falling!” But that was a few years ago and we live...
How long do you think it’ll be until demand for homes outstrips supply? Half a year? 1 year? If your friends have been telling you the recession is over, tell...
The evidence so far clearly shows that the surge in home sales in the first 2 quarters was completely due to the tax credit. So the slow down over the...
Have you heard of the Housing Opportunity Index? It was developed by the National Association of Home Builders and Wells Fargo to measure how affordable housing is around the country....
Two quarters in a row the number of homeowners classified as “underwater” has declined. That means that “only” 11 million homeowners owe more than their homes are worth. (In case...
It seems some numbers are up while some numbers are down. That seems to be the norm in this crazy economy. If you look at things one way the glass...
Can you hear anyone knocking at your door? If you do, it might be Freddie Mac asking about your mortgage. If you don’t, well, you must be in pretty good shape. Apparently, Freddie Mac has launched a proactive campaign to convince borrowers to modify the terms of their loans. Yep, they’re actually physically going door...
The White House is now making available $35 billion to keep mortgages available for low- and middle-wage citizens. Despite claims of over spending, the government has decided to combat the housing crisis. This money will make lenders more liquid and allow them to begin lending again. Though the details have yet to be finalized Republicans...
If you’ve been following my emails (and why wouldn’t you? You want to make money, right?) you’ll remember that I told you last week that hundreds of thousands of REO’s still haven’t been listed. Well, in case you didn’t believe me, keep reading. Because it has recently come out that over 7 millions homes are...
It’s a legitimate question. With the record-breaking number of foreclosures every month, should there be more REO’s?? In a normal market situation, it takes 30 days from the time a bank forecloses to the property being listed on the local MLS. Currently, 500,000 properties repossessed this year still have not been listed. Some of the...
Things are happening fast now. Bills are flying through Congress and we could see major shake-ups. I’m referring specifically to the Housing Stimulus bill. This is the $8,000 tax credit for first time home buyers. Now, I’ve been telling you for weeks not to listen to the hype. People want you to believe that the...
It’s the middle of the week and I can’t believe how much has already happened. The news is crawling with real-estate bombshells. You’ve just got to keep sifting through all the information and figure out where you can make some money. So, why not let me do the work for you? I’ll keep checking the...
STOP! NO, NO, NO . . . The FHA 90 Day Flip Rule is NOT Over Listen . . . some wacko banker sent out a blast email that turned viral about the FHA getting rid of the 90 day seasoning hold. This is a MYTH! You still must provide evidence of title in the...
How was your weekend? Do anything special? I don’t know about you, but occasionally I like to hit the garage sales on the weekend. I like the negotiating, the bargaining, and occasionally, finding a real treasure. Sort of reminds me of the housing market. I’m sure you know the feeling. You’ve got to sift through...
Well, we’re heading into the weekend. Time to relax, have some fun, and enjoy not being at work. Hey, why not do that 365 days a year? Those in the Short Sale market know how easy it can be to make a great sale. Forget the day job! I’ll help you find the right moves...
So you’ve passed the halfway point of the week? How did it go so far? Or more importantly, how much money did you make? If the answer is "Not enough!" then that probably means you haven’t been to www.shortsalefundamentals.com recently. Our members are raking it in week after week, and we’re just itching to share...
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