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All the hassles and pains of doing a short sale . . . well, they still exist, unless you choose to use a professional. But at least as far as...
Remember when people told you that the recovery will see gains of 3 to 3.5 percent? That prices are going to look pretty good in the next couple of years?...
There are some new stats coming out about how we’re doing, but first, let’s dispense with some rumors. Our Congress has definitely not gone the way of Greece, our leaders...
Good old Florida is turning out to be pretty scrappy after all. Since being one of the hardest hit areas of the country by the “downturn” they were projected to...
There’s nothing quite like learning something new, even if it’s really absurd trivia. But hey, these are important fun facts that you can use in everyday conversation, or to open...
Your check may be in the mail. That’s right, not a Publisher’s Clearinghouse one, but free money is free money so don’t ask questions. Bank of America will be mailing...
I read an amazing article that captures an amazing message for people everywhere. A lot of life’s most important lessons are learned only while your living it so it’s a...
Here’s a comparison you don’t hear very often: the home-buyer tax credit versus European debt crisis, earthquakes in Japan, and debt ceilings. I just wouldn’t have put all those in...
We’ve reached that special month of May when the year turns serious and kicks into high gear. The weather is warmer (minus some freak NE cold spells), production is higher,...
February was a good month if you’re a house – your average value went up. It might just be a temporary thing but I say milk it for all it’s...
Captain Cory beamed aboard, his face glowing. He turned to Ensign Chekhov and said, "Mr. Chekhov, plot a course to take us back through the wormhole. Our work here is done. Next stop, 2438!" Cory sat back in the captain’s chair with a smile. Their unfortunate situation, being stranded at the brink of 2010, had...
Cory, captain of the USS Enterprise, paced the bridge nervously. He had recently been promoted to captain, but was still finding the role a bit much to fill. He had been assigned by Starfleet Command the dangerous mission of exploring a gaseous anomaly in the Residential sector. While entering the anomaly to take readings, Lieutenant...
Well, well, well, 2009 is winding down and of course it’s time for a little reflection. You just can’t help looking back over the year and seeing how different things are now than when the year came in. I guess most of us would say that this has been a tough year. Unemployment has hit...
Here’s news that sure to shake up the industry! Here’s the break down: We’ve known all along that the short sale is going to save the economy, the housing market, the credit system, end hunger, bring world peace, joy to all, etc. etc. Even the government has been willing to admit that and openly encourages...
First American CoreLogic released data on Thursday indicating that 1.7 million REO’s and potential foreclosures hadn’t hit the market by the end of the third quarter. Based on the current sales pace, it’ll take 3.3 months to get rid of all of these homes. (Compare that with last year’s 1.1 million homes.) This is not...
I know you’re concerned about the housing market. Everyone is and, let’s be honest, no one is really sure where things are going to go. But I thought I’d lift your spirits just a bit with this little piece of news. According to the latest reports, the commercial real estate market may show a significant...
No, I’m not talking about the hit TV show. I’m referring to the results of a new survey released by RealtyTrac regarding buyer enthusiasm towards buying foreclosed proper- ties. The latest study shows that 43% of buyers are at least somewhat likely to consider a foreclosed home when buying in the future. This is down...
When you’ve got more money than you expected, what do you do with it? Do you: (A) Save it for a rainy day (B) Spend it on something really extravagant (C) Give it to charity (D) See how many dollar bills you can stack without them toppling over? I know there’s a lot of you...
Congress is moving at light speed to get legislation in before the holidays. The latest measure to pass is a sweeping bill that will restructure government economics and oversight. This bill is designed to oversee mortgages, ban "predatory" lending, and declares that no company is so big it requires a taxpayer bail- out. It passed...
You know what I mean… Are you eligible for a loan modification? If you’re like me, you have absolutely no freakin idea! I mean, what are the government’s rules anyway regarding HAMP? I mean if you think you’re having trouble making your mortgage payments, then you think you should be eligible, right? But like everything...
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