By Tony Evans Everybody wants to know how to steal a house, and there are plenty of people trying to these days. Say youve missed some mortgage payments and think maybe youll be able to “catch up” later on, but you cant. You call your lender explaining your ‘temporary problem,’ but they cant think of… Continue reading Stealing a House in a Short Sale
Category: Credit
Find Out How Much House Can I Afford With my Salary
Now that winter is almost over thousands of people will begin actively searching for a home. If you’re one of these people the first thing you want to ask yourself is, How much house can I afford with my salary This is important so that you don’t set your expectations too high and find the right… Continue reading Find Out How Much House Can I Afford With my Salary
What Will Happen with Mortgage Interest Rates in 2016
Last year Freddie Mac reported that their lowest 30 year fixed-rate mortgage rates hovered between 3.59% and 4.09%. This is the least amount that rates have moved during a calendar year since 1998. And the continuation of low rates has helped consumers, in particular first time homebuyers. With rent prices rising and mortgage payments staying… Continue reading What Will Happen with Mortgage Interest Rates in 2016
Next Real Estate Boom Not Till 2020
A boom in the majority of the nation’s real estate markets won’t develop again until at least sometime after 2020, according to the consensus of opinion of Housing Predictor analysts. The credit crunch, which was started by a fuselage of new creative financing products, including aggressive adjustable rate subprime mortgages and specially designed loans for… Continue reading Next Real Estate Boom Not Till 2020
Wealth Effect of Real Estate
It’s as American as apple pie, Chevrolet and baseball. You may not know what it’s called, but if you live in the great U.S.A. it’s had a hold on you. The “Wealth Effect” of real estate can be addictive. It’s why so many of us go to the classified ads and the computer to check… Continue reading Wealth Effect of Real Estate
Foreclosure Crisis – “I Wouldn’t Have Bought the House”
Barbara MacGregor and her husband are a lot like a lot of other people. They had never owned a home. Barbara would look through the newspaper occasionally dreaming about some day owning a home with her husband, but she new they couldn’t really afford one in high priced Southern California real estate. At the grocery… Continue reading Foreclosure Crisis – “I Wouldn’t Have Bought the House”
Major Real Estate Market Forecasts in 2009
Major Metropolitan Real Estate Market Forecasts The major 25 real estate metropolitan statistical areas are based on housing and population densities in the Greater Metropolitan areas, and are listed in order from the heaviest populated areas to the least concentrated in 2009. The Housing Predictor forecasts are issued annually at the beginning of the year… Continue reading Major Real Estate Market Forecasts in 2009
Home Mortgages and Refinancing
Mortgage rates have been on their way down after the Fed cut the prime rate to near historic lows in an effort to help stabilize the economy. More than 5-million homeowners are facing re-adjustments in their adjustable rate mortgages nationally in 2009 and 2010, and the drop in home borrowing rates will provide the difference… Continue reading Home Mortgages and Refinancing
Is Now the Right Time to Buy a Condo?
Is it Really Time to Buy a Condo? By Robert Jones Inventories are rising, prices are falling, investors are bailing out, and developers are getting desperate. For someone with a little extra cash, this may look like the perfect time to buy a new-construction condo. After all, youre getting a brand-new building with slick finishes… Continue reading Is Now the Right Time to Buy a Condo?
2011 Delaware Housing Market
Troubled by the banking industry and its former appetite to take excessive risks, Delaware’s housing markets are in the midst of one of the nation’s toughest real estate crashes even after the federal home buyer tax credit increased home sales for a time. The collapse of the housing market is especially hard hit in the… Continue reading 2011 Delaware Housing Market