February 21st, 2011
The media is making no secret of the fact that it's tough to sell a home these days. And, with so many foreclosures, prices are still taking a beating. If you've had your home listed for sale for a while, it may seem like there's no choice but to wait out the current situation.
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February 17th, 2011
Are you a real estate investor holding rental properties? If so, you're likely having few to NO problems in keeping them occupied in today's market situation. A recent survey indicated that more than 25% of renters are saying that they have no intention of buying a home ... ever. Sure sentiments can change, but that's [...]
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February 15th, 2011
It's been in the media a lot, homeowners losing their homes because they took out ARMs, or Adjustable Rate Mortgages, and they couldn't handle the payments after the loan rate adjusted at the end of the fixed period. In other words, a 5 year ARM will begin to adjust the initial interest rate at the [...]
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February 11th, 2011
The government has been trying to stem the flow of foreclosures, but many have criticized the effectiveness of government programs. Banks are now doing nearly twice as many modifications under their own foreclosure prevention initiatives than under the Obama administration's signature Home Affordable Modification Program, known as HAMP.
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February 3rd, 2011
While recent media coverage was centered around the Phoenix area, the new investor strategy of "flopping" a home can be found in any markets where there are short sale opportunities. Real estate investor flipping, buying, doing some work on the home, then selling at a profit, has been around for years. However, flopping is a [...]
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