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Recent Posts
- What is a Good Credit Score? 640? 670? 740?
- Is the Housing Market Getting a Little “Bubbly” All Over Again?
- FHA Mortgage Insurance: Big Changes On the Way, And Not For the Better
- Ten-Year Treasury Yield And Mortgage Rates Increase Aggressively
- Mortgage Advertisements: Pay Attention to the Fine Print
- Fed to Continue Buying Bonds for Forseeable Future?
- Avoid This Deal-Killing Mistake the Next Time You Apply for a Mortgage
- Home Affordable Refinance Program (HARP) For Underwater Homeowners Extended to 2015
- Large Cyprus Depositors Could Lose Up to 60% of Their Account Balances
- Eurozone to Cyprus: Take the Bailout, Or Else
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Nine Essential Tips for Buying a Home
A home is probably one of the biggest purchases you’ll ever make in your lifetime, so it’s important to take the proper steps to insure you get the best deal possible. The following are nine great tips for buying a home. Continue reading
Four States Considering Legislation That Bars Appraisers From Using Distressed Sales as Comparables
In yet another attempt to thwart the realities in the real estate market, four states are considering legislation that would “prohibit or restrict” real estate appraisers from using distressed sales as comparables in their valuations. Continue reading
Posted in Mortgage Lending
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When Can I Buy a House After a Short Sale?
With home values having fallen so much since the peak in 2006, it’s no surprise that many Americans today have a short sale in their credit histories. With many wanting to become homeowners again, a question I commonly get is when can I buy a house after a short sale? Continue reading
How Long Do I Have To Wait To Buy A House After A Foreclosure?
One question I commonly hear in today’s turbulent real estate market has to do with how long you have to wait to buy a house after a foreclosure. Just to clear, note there is no restriction on buying a home after a foreclosure, just on getting a home loan after a foreclosure. Even then, it may be possible (though unlikely, to be honest) to find mortgage financing right after foreclosure, just not from the most common sources of mortgage money such as FHA insured or Fannie Mae funded home loans. Continue reading
Looking to Buy A Castle? Check Out These Ten Castles Currently for Sale in the US
Apparently Europe isn’t the only place that has castles. Check out the post over at the Zillow blog about ten castles currently for sale in the United States. Granted, they don’t have the rich history of many European castles , and frankly, many of them can’t compete with the incredible beauty of many European castles, but they are fun to check out. Continue reading
From Real Estate Bubble to Bust: Incomplete And Idle Developments Dot the Skyline in Las Vegas
Known mainly for glitzy hotels, endless nightlife, shows, and gambling, Las Vegas has also become known as a fascinating case study in what happens when real estate goes from bubble to massive bust. Continue reading
Posted in Economy & Markets
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Housing Market Update: 27% of Homeowners With Mortgages Now Underwater
It doesn’t appear that the housing market is out of the woods yet. CNN.com is reporting that the percentage of upside down homeowners increased to 27% in the 4th quarter of 2010. Continue reading
Senator Harry Reid: Don’t Cut Spending for “Cowboy Poetry”
Senator Harry Reid from Nevada demonstrated yesterday so much of what is wrong with how the federal government spends money. In a speech on the Senate floor, Senator Reid decried proposed spending cuts that would eliminate funding for the annual Cowboy Poetry Festival in northern Nevada. Continue reading
Recently Unemployed? Some Tips for Shoring Up Your Finances and Finding Your Next Job
If you’ve recently lost your job, you’re probably feeling a mixture of frustration, anger, perhaps even fear. I too know what it’s like to lose a job – it’s not fun! Continue reading
Posted in Jobs and Employment, Personal Finance
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Rare “Firefall” Phenomenon Lights Up Yosemite
Yosemite National Park is a pretty amazing place on even an average day, but a rare yearly phenomenon at Horsetail Falls is truly exceptional. Continue reading
