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” Zero Hedge knows when to admit it is wrong. We criticize the National Association Of Realtors for being moochers, for doing all they can (which isn’t much) to support the zombie GSEs (on the taxpayers’ back) so the organization can continue its existence for another day or two. Yet, when the NAR’s spokesperson Frances Martinez Myers, who is also an SVP at Fox and Roach, appears in congress, before a House Committee on Financial Services no less, with roots that have not been retouched in well over a month, our collective heartstrings are torn,…”
Rent-to-own your home: Pro and con
“It’s tough for buyers to find financing and hard for sellers to find buyers. A solution that can work well for both is renting with an option to buy.”
Prospect Homes of Richmond files Ch. 11
A 2007 Top 200 builder per builderonline.com, Prospect Homes of Richmond has filed for Chapter 11 bankruptcy protection, and we have added them to our builder implode-o-meter list.
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Finally! The real gamblers in real estate ... FreeMoneyFinance commented yesterday on a CNN Money article: Homes: Cashing Out Might Freeze You Out A lot of homeowners, seeing a nice rise in the price of their homes and a stratospheric market, think about (gasp!) selling their homes and getting back in later when the market cools down. Not...... -
Home Maintenance Given that buying a home is the biggest investment that people make, home maintenance is an important part of owning a home. One hopes that their investment is worth as much as it can be, and to ensure that maintenance has to be done. Preventative maintenance avoids very costly repairs...... - Who is to Blame for the Credit Crunch? There are many lenders currently under investigation for fraud, perhaps most notably the nation's largest mortgage lender, Countrywide Financial. Even if Countrywide is found to be guilty of fraud, one company alone (even if it is responsible for 20% of the mortgages in the U.S.) cannot be to blame for......
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How to Get Out of Trouble in the Real Estate Market If you invested in the real estate market recently and are now regretting that decision, there are a few ways that you can get out of financial trouble. For awhile, the real estate market was very solid and property values were going up. Many experts advised investing heavily in real...... - Tax Breaks For New Home Buyers According to The American Housing Rescue and Foreclosure Prevention Act of 2008, passed by Congress in July, first time home buyers who purchase homes between April 8th 2008 and July 1st 2009 are eligible for a tax credit. They can get $7,500 tax credit or up to 10% of the......
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