Beware of Deficiency Judgments After a Short Sale or Foreclosure
Friday December 31, 2010
Nary a day goes by when I don't receive an email or phone call asking me whether a lender will file a deficiency judgment after a foreclosure or short ... Read More
Foreclosures on Rise for 2011
Wednesday December 29, 2010
Despite all of the glass-is-half-full mentality you'll hear from real estate optimists, the market is not expected to recover in 2011, reports the Wall Street Journal. Part of the predicted ... Read More
The Problem With Home Buying Before Short Selling
Monday December 27, 2010
I get calls from a lot of underwater sellers who ask about buying a new home before selling a short sale.
It's a perfectly reasonable question. Seems to make sense to ... Read More
This is the Best Day of the Year to Buy a Home
Friday December 24, 2010
Have you ever wondered when is the best day to buy a home?
Before I got into real estate, I used to think it was a day in mid-summer. ... Read More
Ways to Green Your Next Moving Day
Wednesday December 22, 2010
Consumers who are concerned about protecting the environment are typically also partial to the eco-friendly practices of green moving.
Me? I don't have to worry about moving because my husband says ... Read More
Top 10 Real Estate Predictions for 2011
Monday December 20, 2010
People often seem amazed at how accurate my real estate forecasts turn out, so I hope it's no different with my Top 10 real estate predictions for 2011.
See, it's not ... Read More
Holiday Foreclosure Evictions on Hold
Friday December 17, 2010
Nobody wants to be known as a Snidely Whiplash or worse, a Simon Legree, that character from Uncle Tom's Cabin who treated people as little more than human profit machines. ... Read More
Home Affordability Near Record High
Wednesday December 15, 2010
The Housing Opportunity Index (HOI), released by the National Association of Home Builders and Wells Fargo, is near its record high for the 7th consecutive quarter. This is great news ... Read More
Which Homes Have the Best Resale Value?
Monday December 13, 2010
Everybody wants to buy a home with good resale value when they first start looking at homes to buy.
But after touring a few dozen homes, it's common for home buyers ... Read More
Housing Market Remains Fragile, Says Obama Administration
Friday December 10, 2010
Despite a million refinances in the third quarter and more than 3.7 million loan modifications started between April of 2009 and August of 2010, the housing market is still unstable. ... Read More
When Should You Lock a Loan Rate?
Wednesday December 8, 2010
Most borrowers in the market for a real estate mortgage realize that interest rates change daily. What they don't know is when to lock in the interest rate and say ... Read More
Drawbacks to a 24-Hour Notice to Show
Monday December 6, 2010
Most sellers would love the luxury of receiving a 24-hour notice to show their homes, but that's not always a smart requirement.
When I'm filling out the showing instructions for a ... Read More
Should You Ask Your Parents for a Down Payment?
Friday December 3, 2010
It can be scary to ask parents for money, but sometimes it's the only way to afford to buy a home.
Especially in today's lending world -- with banks tightening mortgage ... Read More
Energy Efficient Mortgages Practically Pay for Themselves
Wednesday December 1, 2010
Lots of borrowers have never heard of an energy efficient mortgage, but an EEM can be cost effective for homeowners.
An energy efficient mortgage will pay for energy efficient improvements to ... Read More