forclosure: Are Lenders Still Impacting the Market? - 07/24/08 08:50 AM
Yes, lenders are still having an impact on real estate values and sales. The numerous bank-owned properties throughout Carson Valley are continually driving down the neighborhood values because of the banks' lack of maintenance on their properties. The dry lawns, weed forests, and other value-sapping deficiencies resulting from lack of care (0 comments)
forclosure: We Hear So Much About Being Able To Make A Good Buy Now ... How Do We Get One? - 05/28/08 03:43 PM
What a wonderful yet frustrating time to be a Buyer! There are more properties for sale than there are Buyers. Buyers are being inundated with information and much of it is conflicting. The result is a sense of confusion and frustration among Buyers ... "buy now"... but "the market might go (3 comments)
forclosure: I Want A Good Buy … Should I Buy A Short Sale or Bank-owned Property? - 02/13/08 03:43 PM
It is possible to make a good buy in either of those situations, but both have related challenges in their respective purchase processes. The reward for successfully working through the challenges can be a great purchase price, but be aware of the path you are embarking on in either case. There (1 comments)
forclosure: Short Sales ... Are they quick? - 09/05/07 07:27 PM
All this talk about short sales ... how quick are they?The name "short sale" doesn't reference the time involved, rather it describes the situation when a lender or bank agrees to accept less for the property than is actually owed on the mortgage. It is a realistic phenomenon in real estate (5 comments)
forclosure: We Are Having Trouble Making Our Payments, what can we do? - 09/05/07 07:17 PM
We are having a hard time making our payments ... what can we do?You're not alone if you are having trouble paying your mortgage. The housing boom took homeownership to nearly 70%, but some homeowners are having problems making their payments and they can't refinance. Lenders invented new types of mortgages (1 comments)