12th November 2009
The web has revolutionized the field of real estate like no other niche. Well, maybe excluding online dating, but you get the point. The web has allowed people to point and click instead of driving endless miles wasting time and money on the weekend. Whil...
12th November 2009
Sometimes we get to sell our residences when we want to and sometimes we have to sell because we really have no choice. A lack of choice is probably the reason for any sale in this market. Regardless of how you get to the decision, the key to selling in t...
21st September 2009
To say the mortgage industry has been in turmoil the last three years is to make just a slight understatement. Homes have gone into foreclosure on a massive scale and banks have failed accordingly. In many cases, this was because homeowners didn’t under...
17th August 2008
When it comes to real estate, the internet is a beautiful thing. It has revolutionized the real estate industry. Instead of spending countless hours [and dollars in gas] driving around looking at homes, the vast majority of buyers now sit and click throug...
17th August 2008
Location, location and location – it is the first rule of real estate that we all learn. While we have all had this rule hammered into our collective psyche, another rule is arising in this current dismal real estate market – the look twice rule.
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17th August 2008
Flip that home and make big bucks. Buy a fixer-upper and clean up. This is the common theme of more than a few television shows and they make it look pretty easy. The real questions, of course, are whether this can actually be done and whether you should ...
16th August 2008
To say the current real estate market is a mess would be a slight understatement. We haven’t seen problems like this since the Great Depression. This is particularly true with banks, which are failing or on the cusp of doing so.
Bears Stearns. IndyMa...
16th August 2008
The mortgage market in the United States is an interesting one because of the presence of semi-government entities in it. Freddie Mac is one such entity and a critical one to keeping the mortgage market moving.
Freddie Mac is actually a nickname for t...
13th August 2008
In this era of more people buying homes in foreclosure and dealing with a third party (the one that holds the mortgage) there can be unexpected issues that will leave the buyer scratching their heads wondering if the home really was for sale. This was my...
21st July 2008
Buying home is both an emotional and financial decision. You want to stick to your budget, but you eyes can get mighty big when you see some homes. This is particularly true if you are a first time buyer and are looking at model homes.
Let’s start w...
21st July 2008
One of the basic tools used by financial advisors is to show their clients the advantages of homeownership versus renting. As you’ve probably heard, renting always seems to come out as the bad option. Many are starting to question whether that is still ...
21st July 2008
The real estate market has typically been touted as a stable field where your investment will grow slowly, but surely, over time. And then the 21st century came and everything went nuts.
The real estate market from the year 2000 through 2010 is shapin...
21st July 2008
Selling or buying a home is one of the biggest transactions you will ever enter into during your life. As with most transactions of this sort, a contract is required. Ah, but what if you are not a lawyer?
Let’s start off with the basics. A contract i...
21st July 2008
When you list your home on the market, you have to realize potential buyers are going to go over it with a fine tooth comb. This means you need to make repairs before hand. Since you probably aren’t rolling in money, prioritizing repairs is often import...
21st June 2008
The real estate market is bouncing back from a legendary hot period by going ice cold. Money has dried up, home values are bombing out and foreclosures are at unheard of levels.
Is there any silver lining to the current real estate market? Is there an...
