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Archive for novembre 9th, 2007

Seven key questions to ask before selling your home alone

Vendredi, novembre 9th, 2007

Inman News Have you been paying attention to all the newspaper, radio, and TV reports of record sales prices and volume of new and resale homes in most areas? Sorting through the sometimes-conflicting statistics, you will probably conclude this is a great time to be a home seller. The primary reason home ...

Sellers offer house for the deal of their lifetime

Vendredi, novembre 9th, 2007

Fed up with no offers, will refund entire purchase price upon their deaths. WEXFORD, Pa. - It could be the deal of a lifetime. A Pittsburgh-area couple, Bob and Ricki Husick, are offering anyone who buys their home full cash-back upon their death and even their full inheritance, currently worth at least ...

Want a second mortgage?

Vendredi, novembre 9th, 2007

WASHINGTON - The common practice of homebuyers with shaky credit taking out second mortgages for downpayments is ending because there’s no investor demand for securities backed by such loans. The availability of second-mortgage financing for subprime borrowers has all but disappeared, according to a trade publication’s survey last month of more ...

Baby boomer retirement housing options

Vendredi, novembre 9th, 2007

Raw land, fractionals each have good and bad qualities By Bernice Ross Inman News Are you thinking about buying land now to build on when you retire? Are you considering purchasing a "fractional" rather than a second home? As the baby boomers near retirement age in droves, an increasing number are considering these options ...

As Defaults Rise, Washington Worries

Vendredi, novembre 9th, 2007

By VIKAS BAJAJ Published: October 16, 2007 During the summer’s credit crisis, investors concluded that the default rates on subprime mortgages made last year would probably prove to be the highest in the industry’s history. But there now appears to be another contender for that dubious honor: loans made in the first half ...

Homeowners Feel the Pinch of Lost Equity

Vendredi, novembre 9th, 2007

RENO, Nev., Nov. 5 — As his wedding day approached last spring, Marshall Whittey found that his money could not keep pace with the grandiosity of his plans. But rather than scale back, he chose instead, like millions of homeowners across the country, to borrow against the soaring value of ...