By Lois A. Vitt Are you stuck trying to make a housing decision? Small wonder. Your housing decisions are about everything in your life, not just the design and location of your home. They involve your inner motivations, desires, and well-being as surely as the objective circumstances of managing your housing-related finances or the logistics… Continue reading Finding Your Housing Value System
Category: Tools
Investors Slammed by Housing Crash
By Mike Colpitts Homeowners are facing an economic crunch from the housing crash, but investors often face even more severe repercussions. More than 1 in 3 foreclosures are of investment owned properties, and should the foreclosure epidemic worsen as forecast that number is expected to rise as more investors walk away from mortgages. During the… Continue reading Investors Slammed by Housing Crash
Congress Finally Proposes Homeowners Help
By Kevin Chiu A proposal to halt the record number of foreclosures and force lenders to work with homeowners to modify mortgages was introduced in the Senate Wednesday by Rhode Island Senator Jack Reed. Rhode Island is one of the worst 10 states to be affected by the foreclosure epidemic. The bill would establish a… Continue reading Congress Finally Proposes Homeowners Help
Pilot Program Could Help Home Foreclosures
By Mike Colpitts The federal government response has been painstakingly slow to the foreclosure epidemic. But one city councilman is proposing a pilot program that could give mortgage holders of distressed homes a chance to stay in their residences amid the worst economic downturn in a generation. The program, already approved by the Los Angeles… Continue reading Pilot Program Could Help Home Foreclosures
How to Buy a Home in the New Economy
By John Hines So you’ve searched the Internet day and night — Looked at hundreds of homes for sale — Filled out the forms at the bank to get pre-qualified only to find out that they won’t give you a mortgage. Perhaps your credit score isn’t high enough to fit into the underwriter’s new higher standards.… Continue reading How to Buy a Home in the New Economy
How to Fix Housing
By Mike Colpitts Editor When a surgeon goes in with a scalpel to cut he goes directly to the problem area to take out the cancer. The doctor cuts out the bad area and stitches the skin back up to heal. With all of its debate, it’s no different in real estate. The poison loans… Continue reading How to Fix Housing
Home Inspection Needed
By Penny Shreve Have you ever bought a vehicle? Chances are you spent time checking it out looking under the hood, cranking it up and driving before you put down the cash. “Why then, would you not have a home inspection done before buying a house?” asks Kevin Shreve of Shreve Home Inspection in Fairfield,… Continue reading Home Inspection Needed
Deep Discounts Offered on New Homes
By David Wilkening One of the most common phrases you hear goes like this: “Its a great time to buy:” (a) a new paved driveway for your house; (b) a new car; (c) a new home. You will certainly be skeptical of the first two answers and also the third. If you hear (c) from… Continue reading Deep Discounts Offered on New Homes
Finding a Lifesaver in Foreclosure
By Tony Evans Fasten your seat belts folks, its going to be a “white-knuckle” flight for a couple paragraphs, then some blues skies and green lights. Chicken Little may be right. H & R Block is unloading Option One Mortgage and its $53 billion sub-prime garbage. Insiders are lamenting that after Bear Stearns cut the… Continue reading Finding a Lifesaver in Foreclosure
Make Money on Investment Property
Bust or Boom How to Make Money on Investment Property By J .M. Buck Here’s a scenario that most of us have encountered: You are in your car miles from nowhere. Driving across an endless rural landscape pocked by random truck stops and the occasional ramshackle trailer court, you catch out of the corner of… Continue reading Make Money on Investment Property