QUESTION: I am in the middle of a short sale. Our lender approved it, but only if I contribute $75,000, paid back over 20 years. That’s unacceptable, and I want to decline it and try again. How will this affect me? …read more
Monthly Archives:: March 2013
4 myths that can hurt underwater homeowners
Home values are going up, and many struggling homeowners are gaining equity in their property. But nearly 14 million U.S. homeowners remain underwater – with mortgages worth more than their homes. …read more
Sequestration – Impacts on Real Estate and Our Lives
By Steve For weeks, the news has presented non-stop information on how we got into this “sequestration” and who is to blame. The political parties have trumpeted that they’re right and the other guy is wrong. Meanwhile, we’re left to pick our way through the damage… if we can figure out what it will be […]
Real estate Q&A: How to handle a reluctant seller
QUESTION: We found a home and are under contract and working toward the closing date. We’ve noticed recently that the sellers have become more difficult to deal with. We really love the house but are getting frustrated. What can we do? …read more
Investors starting young as housing market heats up
At 28, Rob Lananna wants to make real estate investing a full-time gig. …read more
House-hunting gets handheld convenience via app
Donna Chapman wouldn’t have found her new one-story house if she hadn’t been searching for homes day and night on her Apple iPhone. …read more