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We hear a lot about “foreclosures” and buyers and investors looking for “foreclosures” and real estate agents advertising “foreclosures.” In fact, what most of these people are referring to are REO (real estate owned ) properties, that is, real estate owned by the bank. These are properties that have actually gone through the legal foreclosure [...]
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As the expiration of the First Time Homebuyer Tax credit approaches (April 30th), there have been varying reports on how much this tax credit has really stimulated housing purchases. The consensus seems to be it has helped those who already were considering buying to get off the fence and do so; otherwise, it hasn’t been [...]
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The National Association of REALTORS® (NAR) has launched a new website dedicated to homeowners and homeownership: HouseLogic.com.
This is a great resource for the period of time after someone has purchased a home, including info and tips on improvements and remodeling, energy savings, green features, maintenance issues, tax benefits and considerations, refinancing, and the like. [...]
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This is a Guest Post from popular real estate blogger, Chris Record, who is a real estate investor and social media marketing coach living in Southern California. He currently maintains a blog a ChrisRecord.com and stars in a reality show for entrepreneurs called Unstrapp’d.
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Recently I spent some time researching statistics related to mortgage origination, foreclosures, [...]
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A slow market is usually identified by little or no activity going around in the market. Normally, real estate bubble bursts are followed by slow markets where sellers find themselves at the wrong end. Sellers are reluctant to sell at low prices (because they have purchased it at insanely high prices) [...]
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One of the most basic advices, for anyone conducting business/trade with anybody else is to write down the agreement and have it signed with all of the concerned parties. It saves you from various complications and tricky situations in the future. A business agreement or contract illustrates the rights and obligations [...]
