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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...
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 the same thought, but apparently someone did. A top economist was asked if the housing market has hit bottom. He wisely avoided the question by...
There is a big difference between what we need and what we want. There are a lot of things that we want and we’ll even say that we need them. But when it comes down to it we all know that our wishlist of “needs” are really things we can live without. It’s kind of...
So here I am skimming the real estate news as I always do and I read about how Freddie Mac is taking its largest hit in a year. And then I read about how the government is obligated to cover their losses. No news there. So I keep skimming and I read about how real...
Yikes, right now one of the last places I’d like to be is in a bank. No I don’t mean in a bank like waiting on line in one. I mean working for a bank or being responsible for what a bank does. Because there are sharks in the water and they’re filing big lawsuits....
So there’s a war of perception going on and as usual none of it really matters. Basically Moody’s (the same people that decided the US needed to be taken down a peg) have chopped the legs out from under three major banks: Citi, B of A, and Wells. They’ve decided that their credit ratings need...
If you’re in the house-flipping business you’ll be happy to hear this news: the government has extended the suspension on the “anti-flipping” rule. To hear all the details, just check out this video: Share on bebo Blog this! Bookmark on Delicious Digg this post Recommend on Facebook Share on FriendFeed Share on Linkedin share via...
Most people think the housing market won’t recovery fully from its pre-recession times until some time in 2013. The rest of the population thinks it’ll be closer to 2015! This is based on surveys conducted by RealtyTrac and Trulia. Some of the most glaring reasons people are so disillusioned are the robo-signing mess, government intervention,...
The Treasury Dept. is planning a massive sale. Want to get in on it? It’s a kind of garage sale. You know, where you get rid of unwanted junk that’s accumulated over the years. It seems their closets are filled with unused stocks of Citigroup Inc. and they’re eager to sell. Working out the math...
Let’s take some time today before the weekend to see if there’s any connection between Short sales and the current WikiLeaks scandal. It’s certainly the most controversial story in the news this week and I’m sure you’ve all got opinions on it. But what does it mean for us as short sale investors? There are...
Obama’s flagship program intended to help homeowners with making mortgage payments is floundering. Sorry, I meant failing. Let’s not try to be nice about it, let’s just tell it like it is. Out of the 1.4 million people who gave it a try, more than half have fallen out. That means they’re all now at...
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