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The Long Story on Short Sales - 06/13/09 10:52 PM
Everyone likes a story with a happy ending: Boy meets girl, they fall in love, get married and live happily ever after. The story is a little longer if boy and girl try to buy a short sale house and then live happily ever after. That story is not as simple. Patience is the main ingredient in any story involving a short sale.

First of all, a short sale is when the seller owes more than house can be sold for and the lender agrees to accept a loss on the house. President Obama recently announced further measures to … (1 comments)

Five Tips for Finding a New Job in a Tough Economy - 06/13/09 10:42 PM
In tough economic times, jobs become harder and harder to come by. As unemployment rates continue to rise, so does the number of stories of former CEOs just happy to get a barista job at Starbucks. While the job market is highly competitive right now, with thousands of jobs disappearing and very few being created, finding employment isn't impossible it may take a little longer, though, so it's important to get started as quickly as possible.

1.Focus on you.
Every person has their own individual set of skills, talents, and abilities they bring to the table. What are yours? … (1 comments)

Obama's "Making Home Affordable" Initiative - 06/06/09 04:47 AM
In a plan that promises to keep seven to nine million borrowers from losing their homes, the Obama administration announced its "Making Home Affordable" initiative. The Treasury Department released detailed guidelines about how it plans to help Americans refinance mortgages that would offer lower monthly payments.

A statement released by the Treasury Department said, "The present crisis is real, but temporary. As home prices fall, demand for housing will increase, and conditions will ultimately find a new balance. Yet in the absence of decisive action, we risk an intensifying spiral in which lenders foreclose, pushing area home prices still lower, … (3 comments)

 

Inside San Antonio Real Estate

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