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market: 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)

market: Foreclosure Overview: 5 Steps to Buying Foreclosure - 01/17/09 05:53 PM


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market: 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)

 

Frank Zeno

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