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Real Estate Agent - Realty Direct
RECENT BLOG POSTS
When Not to Pay Down a MortgageBy RON LIEBERThis week, the Federal Reserve reaffirmed its intention to stop buying mortgage-backed securities, signaling the likelihood that the mortgage rates you can get today are as good as they're going to be for a long while. Once the Fed stops buying, after a...
03/22/2010
Treasury hopes new rules send short sales to the rescue of underwater mortgagesBy Tracey L. LongoWith new Treasury Department rules designed to expedite short sales set to take effect April 5, relief can't come soon enough for some area buyers, sellers and real estate agents who have waded throug...
03/14/2010
Should you choose a Short Sale over a Foreclosure?         Short Sale BenefitsHere are a few benefits for doing a short sale that may not have occurred to you: You are in control of the sale, not the bank. You may sleep better at night knowing who is buying your home. You will spare yourself the ...
03/09/2010
Sometimes losing a home is just the beginning of the painBy Harvey S. Jacobs As if losing one's home in a foreclosure or short sale were not already sufficiently traumatic, many former homeowners are learning that the day they turn in their keys may be only the start of an even more prolonged hou...
03/08/2010
Nab a real estate deal - while you still canBy Beth BravermanIf you've been holding off on a real estate purchase, glimmers of a turnaround in the housing market may have you wondering if it's finally time to make your move.While home prices remain low, they're no longer free-falling in most mark...
03/04/2010
Should you rent your underwater property?by Brian Turner Did you know that nearly 25% of all mortgages are underwater? Underwater mortgages are mortgage arrangements that effectively leave the owner with more debt on the property than the current market value. The condition tends to arise when a ...
03/04/2010
  I always coach buyers that before they make the decision to work with any real estate agent, interview a few agents before moving forward to make one of the biggest financial decisions in their lifetime.  I hear often times that prospective buyers give their friends a shot or the first agent t...
03/03/2010
Nearly 25% of all mortgages are underwaterBy Les Christie More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth.First American CoreLogic, the research firm that monitors housing equity, report...
03/02/2010
Your landlord got foreclosed. Do you have to go?By Les Christie Renting a home that is going through foreclosure? If so, don't be fooled: Lenders can't kick you out; they have to honor the terms of your lease.Of course, that doesn't mean that some lenders' representatives aren't trying to scare p...
02/28/2010
It's property tax assessment time. Here's what homeowners need to know.By Renae MerleWhen the envelope arrived, Cindy Branigin said, she closed her eyes and hoped for the best. After nearly 15 years in her Southern Maryland home, the arrival of her property tax assessment had become a gut-wrenchi...
02/09/2010
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