Archives: May 2010
First-Time Home Buyers and Boomers Feel Effects of Housing Downturn Most
RISMEDIA, June 1, 2010—(MCT)—Although the situation is open to interpretation as well as change, there are growing concerns that the effects of this economic downturn could have a long-lasting effect on the housing market. A study by the Mortgage Bankers … Read more
May 31, 2010 Posted in Real Estate
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The Foreclosure Crisis: Navigating Mortgage Payment Difficulties
RISMEDIA, November 24, 2009—If you or someone you know has fallen behind on their mortgage, take heart; there is hope. Not from the government though; you’ll have to fight this one on your own, but you are not alone. And … Read more
May 31, 2010 Posted in Home Selling
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What about a second mortgage?
It is a loan against the equity in your home. Financial institutions will generally let you borrow up to 80 percent of the appraised value of your home, minus the balance on your original mortgage. You may incur all the … Read more
May 31, 2010 Posted in Mortgage
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Strategic Defaults and the Moral Imperative
RISMEDIA, February 2, 2010—Should homeowners be morally obligated to make their mortgage payment? What if they could legally stop paying their mortgage and stay in their house with clear title? Should they do it? These are questions more and more … Read more
May 30, 2010 Posted in Home Selling
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Housing Stays Highly Affordable for Fifth Consecutive Quarter
RISMEDIA, May 29, 2010—Nationwide housing, bolstered by favorable interest rates and low house prices, hovered for the fifth consecutive quarter near its highest level of affordability since the series was first compiled 19 years ago, according to the National Association … Read more
May 30, 2010 Posted in Real Estate
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The Avatar Economy
RISMEDIA, February 9, 2010—It looks amazingly real, but it’s as phony as a James Cameron movie set. Its many moving parts exist only for the purpose of creating the illusion of positive economic activity. But, when you go behind the … Read more
May 29, 2010 Posted in Home Selling
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How does an unsecured loan work?
The interest rates on these loans are often higher than on secured loans and you generally will not be able to get a tax deduction for the interest paid. However, the costs to obtain an unsecured loan are usually lower. … Read more
May 29, 2010 Posted in Mortgage
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PODS to Provide Cost-Effective Solutions through Realogy’s Preferred Alliance program
RISMEDIA, February 11, 2010—PODS, a leader in the portable moving and storage industry is now a member of the Realogy Franchise Group’s Preferred Alliance program, providing cost-effective solutions and co-branded materials to its networks of approximately 14,500 offices and 268,000 … Read more
May 28, 2010 Posted in Home Selling
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