Daniel Wexler's (wexler) Blog

5 steps in order to sell your home. 1) Price your home to sell - Use recent sold comps when pricing. Nothing longer than 4 months. There is no practical reason to price your home above the market. If you are set in a price you want then wait until the other homes priced below your house sell. Buy...

A cash-back transaction scenario is where a buy pays more than a home is worth with the extra money being paid from the seller (outside of escrow) back to the buyer Wikipedia defines Mortgage Fraud Cash-Back Schemes: "The buyer and seller or the buyer and real estate agent collude to deceive the ...

  The Federal Reserve lowered a key U.S. interest rate by a Half percentage point on Wednesday. More importantly, the FED hinted the move could be the last for some time. The question on the minds of Wall Street and Main street is , "is this enough to stimulate the economy and the housing market"...

  When it comes to buying a new construction home from a new home builder there it is a detailed process that requires time , patience and understanding. In Metro Phoenix, you have a nearly unlimited city choices in the area of Chandler, Gilbert, Glendale, Mesa, Peoria, Scottsdale and Tempe and e...

How close are we to a bottom in the housing market? If The PMI Group is right, we're closer than you might think. PMI, a mortgage insurance firm, looks at trends in home prices, local wages and employment, and other factors to calculate the likelihood that home prices in a given city will be lowe...

Check out PolicyMap.com ; the site offers: over 4,000 indicators related to demographics, real estate, crime, health, schools, housing affordability, employment, energy, and public investments." where you can " Search any location by address, census tract, county, state, zip code, school district...

The Fed is going to send a very strong signal that they will do whatever it takes to restore stability to the economy," predicted Mark Zandi, chief economist at Moody's Economy.com. Fed does fulfill the desires of investors with its action Wednesday, it is not likely to end the turbulence on Wall...

The White House told banks to quit hoarding billions of dollars flowing into their vaults from Washington and start making more loans. Wall Street soared nearly 900 points on bargain-hunting and hopes of a hefty interest rate cut by the Federal Reserve. Hoping to thaw the credit freeze that has c...

In today's market you can even buy homes for less than builder cost. This may never happen again in our lifetime. However, understanding the buying process with a new home builder is critical. I recommend you follow these 10 steps. Find the City - virtually every town and city has new home constr...

NEW STOCK MARKET TERMS CEO --Chief Embezzlement Officer. CFO -- Corporate Fraud Officer. BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the h...