Browsing Category 'News'

Foreclosure vs_ Short Sale

Whether or not you ought to execute a short sale or let the home head to foreclosure is dependent upon several factors. While for many homeowners, it’s simpler to throw up both hands and let the bank take your property, which might not be the wisest course of action. Short Sale Benefits Here are several […]

Read more...
fraud

Homeowners concerned about foreclosure may be vulnerable to predatory “rescue” scams which may cost you money with no results, result in the loss of your home entirely, or involve you in a fraudulent scheme. To learn more, go to: www.efanniemae.com/utility/legal/pdf/fraudnews/mortgagefraudnews0709.pdf “Red Flags” of fraudulent schemes consist of: •             Promises to stop the foreclosure •             Significant […]

Read more...
man sitting outside house

It was just last summer that Charlotte Perkins made the hardest decision of her life as she and her husband Jim were caught in the vise of the housing bust. Wanting to downsize their lives as they headed toward retirement, they bought a new house in Mesa, Arizona, before they sold the old one, also […]

Read more...

The double-dip in home prices that began two years ago continued through the third quarter of 2011, according to the Fiserv (FISV: 62.55 -0.79%) Case-Shiller Indexes released Monday. However, there are signs of a recovery for 2013. The indexes projects average U.S. home prices will drop another 1% in 2012, and that increased home sales […]

Read more...

Don’t expect housing improvements to play a major part in any overall national economic recovery. Because housing now makes up only a small share of the economy, the sector is unlikely to add much more than 0.2% to annual gross domestic product growth in 2012 and 2013, according to analysts at Capital Economics. So although […]

Read more...