How much would yet expect the home buyer program would cost the government? If you had to put a number on it, do you think you could? Well, some estimates...
The Federal Reserve has been trying for over a month to put in place new rules to protect borrowers from deceptive mortgage practices. One of the most crucial is limitations...
Washington has decided to get moving helping those homeowners who owe more on their mortgages than their homes are worth. The FHA will issue them a new loan with new...
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...
I brought you some news last week on Obama’s controversial new tax. He imposed it on the major wall street giants who are largely held responsible for the economic crisis. This move (3 years earlier than something like this needed to be imposed, legally) is meant to repay the government and taxpayers for all government...
Okay, folks, don’t worry, you’re off the hook. The bailout money Obama spent won’t be coming out of your paycheck. I mean, I could’ve shelled out the $117 billion. Maybe you could too. But no, that’ll be left up to the biggest Wall Street banks. Yeah, the government has decided to levy a “financial crisis...
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