When the housing market imploded in 2007 and took the economy with it, experts said the real estate market would never look the same again. Now, nearly six years after the crash, the dust has finally cleared and we have … Continue reading
In the District of Columbia, Seattle, San Diego, Chicago and other markets, sales are heating up and listings are getting multiple bids. Consequently, buyers are, once again, writing letters to tell a seller what they love about their home. Pitch … Continue reading
http://www.forbes.com/sites/stanhumphries/2012/12/26/five-things-consumers-should-expect-from-the-housing-market-in-2013/?commentId=comment_blogAndPostId/blog/comment/1392-152-23
Nearly one third of renters want to buy in the next two years–but will they find homes for sale? In 2012, inventory was down 23% nationally year-over-year, and down 43% since the summer of 2010, according to the Department of … Continue reading
It appears that the Mortgage Debt Relief Act of 2007 will be extended for one year, terminating 1/1/2014 (keep in mind: a short sale can take 6 months to complete). Usually cancelled debt is considered income, but a provision of the Debt … Continue reading
http://www.youtube.com/watch?v=R38ykjvNhpI&feature=youtu.be
By Broderick Perkins· DeadlineNews.com © February 21, 2012 The Mortgage Debt Relief Act (MDRA) of 2007 is getting a vote of confidence from the Obama Administration. And that could save you tens of thousands of dollars. (Update: “Congress to consider … Continue reading
For most of us, the minimum wait is two years for conventional financing. To be eligible you must be able to document the hardship that caused your short sale, have a 680 credit score or higher, have 20% down payment, … Continue reading
August 6, 2012|Author:Chris Birk President Obama will sign a wide-ranging veterans benefits bill today that provides greater access to the VA home loan program for disabled veterans, single-parent soldiers and surviving spouses. The “Honoring America’s Veterans and Caring for Camp … Continue reading
By Kelly Herdrich | Yahoo! Contributor Network – Wed, Jun 6, 2012 8:01 PM EDT When my daughters were 3 months old and 21 months old we said goodbye to our home and took a leap of faith. We leaped … Continue reading