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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...
The FHA has extended its property anti-flippng rule through the end of this year. Instead of the usual 90 day rule, the FHA will insure a mortgage on a home owned for less time. So FHA insured financing is still up for grabs on solid deals. They’re hoping this will stabilize prices and stem the...
I feel so powerful these days. No, not because I’m incredibly awesome. (Did you catch my one-of-a-kind performance at the Awesomeness Fest?) But for a different kind of reason. I’m going to bail out yet another government agency. Yep, I must be pretty powerful to pull that off. Would you like to get in on...
Guys, I’m proud to say that three new members have decided to join my coaching program. That’s right, three high-profile organizations have actually approached me to learn my secrets. You may have heard of them: Fannie Mae Freddie Mac Federal Housing Administration Um, do I need to repeat those names for you? Those groups currently...
RIP FHA Short Refi Program. Your time has come. The House of Representatives has voted to end the program which helped homeowners who were underwater refinance with a reduced principal. In a 256 to 171 vote, the program was officially ended with both some Democrats and almost all Republicans behind the move. And more government...
If you think there’s nothing to gain from making your home more energy efficient, just check out this video and realize how wrong you are. Then head back here and leave a comment telling everyone how much I rock and how awesome saving energy is. Share on bebo Blog this! Bookmark on Delicious Digg this...
I’m willing to bet the answer to this question is obvious, but I want your opinion any way: Do you support heated, drawn out debates in Congress before decisions are made? Or would you prefer decisions to be made quickly and efficiently, without the need for endless arguing? I know what you’re saying: Cory, that...
For the rest of 2011 house flipping will officially be easier with less restrictions. The FHA announced the “anti-flipping rule” is suspended for the entire year which will accelerate the resale of foreclosed homes. They’re worried what too many homes sitting on the market will do and they’re hoping this will help stabilize the housing...
These guys have some wild ideas about HUD and the FHA, but they might just have a point. Check it out and leave some feedback. Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on FriendFeed Share on Linkedin share via Reddit Share with Stumblers Tweet about it Subscribe...
The former director of the FHA had some pretty extreme things to say recently. Check out this video to hear what they were and what they could mean for the housing market. Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on FriendFeed Share on Linkedin share via Reddit...
It was only a matter of time before mortgage fraud became the hot topic. With the extraordinary measures lenders are taking to deny mortgages, of course fraud and dishonesty would rear their heads. The biggest target are, not surprisingly, government organizations like the FHA and the Home Affordable Refinance Program. (Sadly, even short sales and...
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