short sale advice: Housing Has Never Been This Undervalued according to DSNews.com
- 03/08/11 10:50 AM
Research Firm Says U.S. Housing Has Never Been This Undervalued 3/8/11 We just read this in DSNews.com and we wanted to share it with you. (well we didn't want to share, but thought we should keep you informed) The continuing depreciation of residential property values at the end of last year has made housing look more undervalued relative to income than ever before, according to analysts at the research firm Capital Economics. Based on the latest Case-Shiller home price index, Capital Economics’ study shows that in the fourth quarter of 2010, housing was 21 percent undervalued when compared with disposable income … (0 comments)
short sale advice: Exactly What is a Short Sale You Ask? 50% of all Homeowners Will be Upside Down by 2011?
- 10/08/09 06:53 PM
If the experts are correct and you HAVE to move, a short sale may be your only choice! (or at least the better alternative) In real estate, a short sale occurs when a property is sold and a lender agrees to a discounted loan payoff due to financial hardship on the part of the seller. In these situations, lenders will release the lien that is secured to the property upon receipt of less money than is actually owed. Why would lenders agree to such a thing? First and foremost, banks will use loss mitigators to determine whether it is worth more … (0 comments)
Research Firm Says U.S. Housing Has Never Been This Undervalued 3/8/11
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