buyers: Program Will Pay Homeowners to Sell at a Loss - 03/14/10 09:43 PM
Program Will Pay Homeowners to Sell at a Loss
by David StreitfeldMonday, March 8, 2010
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.
This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of This latest program, which will allowthe administration's most aggressive attempts to grapple with a problem that has defied solutions.
More … (4 comments)
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buyers: Six Secrets of Internet Home Buying - 06/27/08 08:54 PM
Six Secrets of Internet Home Buying
By Luke Mullins Posted May 6, 2008
With the worst housing slump in a generation slashing home prices across the country, the dynamics of the market have shifted squarely in favor of buyers. And as the real estate industry grows increasingly Web-savvy, house hunters can now scour through neighborhoods, inspect front porches, and even peek inside bedrooms from the comfort of their desktops. But while this surge of new information can help you find that perfect home, it can also-at times-make the whole process overwhelming. Here are six ways to ensure that your online … (0 comments)
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buyers: Trust Deeds, Mortgages, Contracts, Warranty Deeds: What are They? - 05/27/08 12:06 AM
Trust Deeds, Mortgages, Contracts, Warranty Deeds: What are They?
by Clifford Hockley
Charles was confused. He was trying to buy a four-plex, but just did not understand the real estate jargon.
Deeds, trust deed, contacts, mortgages all were words he thought he knew, but in the end really did not understand.
He was sitting in his real estate broker's office embarrassed that he did not understand, when the broker Mimi, said to him,"You know, the language of real estate can be very confusing. I have prepared a short summary of terms that might be helpful to you as we move … (7 comments)
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buyers: Selling Your Home In a Market Full of Foreclosures - 04/18/08 11:19 AM
by Phoebe Chongchua
Take a look in just about any neighborhood and you may find the sign of distressed times. Foreclosures are on the rise and that can cause a lot of panic for sellers who aren't in the same financial crisis.
"We're in a very price-sensitive market and obviously in any buyers' market that's the case," says Chris Heller, President of The Heller Real Estate Group, Inc. at Keller Williams.
The increase of awareness about foreclosures is stimulating buyers to keep fishing and pushing for even lower prices for homes.
"So the sellers who are not in … (3 comments)
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