Saturday, May 19, 2012

How to Find Out if the House You’re Renting is in Foreclosure

It can be frightening to learn that the house you are renting is in foreclosure. Unfortunately, tenants are usually the last to find out and are left with little time to make new living arrangements. If you suspect your landlord is having financial difficulties, it is best to try and find out the status of [...]

8 Things to Know About Buying a Home Today

The home-sale market is showing signs of life. More buyers are confident now than they were a year ago that now might be a good time to buy. Interest rates are near all-time lows and home prices in some areas are back to 2002-2003 levels. Some analysts are finally suggesting that we may be headed [...]

Will the $25 Billion Forclosure Settlement Help You?

An investigation, headed in part by 49 state attorneys general and the federal government, found that employees at Ally, Bank of America, Citi, JPMorgan Chase, and Wells Fargo routinely signed foreclosure-related documents without even verifying the information. Other violations include lost paperwork and improper documentation. In short, some borrowers should never have lost their homes [...]

Five Musts Before You List Your Home

Deciding to list your home for sale is a momentous time. It means you will be moving on to a new stage of life, no matter if you’re moving up or sizing down. Take a moment to look over these tips for what every seller should do before they put their home on the market. [...]

5 New Rules to Buying a Home

May 10, 2012 by  
Filed under Buying, Real Estate News

With signs of a housing turnaround getting stronger, housing experts say buyers are finding several recent changes when they go to put in an offer on a home. Traditional rules of home buying no longer apply. Follow these five simple rules to increase the likelihood of getting an offer accepted on your dream home. 1. [...]

Bank of America Offers Mortgage Relief

As required under a $25 billion foreclosure agreement struck with the U.S. government earlier this year, Bank of America has started reaching out to customers who may be eligible for mortgage relief. The financial giant, the country's largest mortgage lender, this week is contacting by mail the first of 200,000 borrowers who may qualify for [...]

Low-Ball Offers Don’t Work Anymore

When the number of home sellers grossly outpaces the number of buyers, no offer can be ignored, even if it’s 25 percent or more off the asking price. But in today’s rebounding market, those low-ball offers don’t often work. Many times, the potential buyer finds that they don’t get a counter-offer. And, in many cases, [...]

Getting Your Backyard Ready for Summer

Summer is just around the corner, and if you want to be ready to host your friends and family with that perfect barbecue, you should get started soon! If you live in a part of the country that faces harsher weather in the winter months, then you might want to first focus on general maintenance [...]

Homeownership Possible Within Three Years After Foreclosure

Losing your home can be devastating to your credit, not to mention your psyche, but you can buy again within as few as three years after a foreclosure or short sale. It's not surprising when you lose your home you also lose some self-esteem, especially if your were raised in a culture that sees homeownership [...]

5 Tips For Snagging a Good Deal on a Foreclosure

In a market flooded with foreclosures, homebuyers can find steals easily. Or that's what many of them think until they begin searching. Soon, they learn that only savvy buyers get the best deals. Understanding how banks negotiate foreclosure deals is a must if you want to buy low in today's market. Here are five secrets [...]

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