All Posts Tagged With: "publicity"

by Tanya Marchiol:  Two words that seem taboo in this down turned economy and horrific housing crisis are “Principal Reduction”. Are the geniuses that created this mess at the banks going to keep telling us how impossible this concept is when nothing they do even dents the problem, but actually continues to exacerbate it? Principal [...]

by Jann Swanson  The National Association of Realtors® (NAR) used the forum of its 2010 Conference in New Orleans to urge the lending industry to make things easier to qualified buyers to become homeowners.  NAR appealed primarily to the public sector, i.e. FHA, Fannie Mae, and Freddie Mac, which it said account for more than 90 percent [...]

 In the spirit of settling the wild, wild West, some communities are giving away free land lots. What’s the catch? You have to agree to build a house (or park a mobile home) and live in it. For the most part, the places doing this are rural communities without much in the way of work [...]

1. Don’t buy if you can’t stay put. If you can’t commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner [...]

By Sarah Max, contributing writer September 2, 2010: 3:14 PM ET(MONEY Magazine) 1. Loyalty is overrated Many insurers have been raising rates to make up for losses they suffered during the financial crisis, industry experts say. At the same time, insurers are competing hard for new customers, which means some of them are cutting better [...]

NEW YORK (CNNMoney.com) — If you’re delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much? Until recently, those answers were hard to come by. Credit bureaus were uncommunicative about expressing, in points, just how much impact different foreclosure types of mortgage delinquencies have on scores   [...]

Here are five things you need to know about getting a fair appraisal.    1. The new rules don’t guarantee accuracy After the bust, lenders came under fire for pressuring appraisers to inflate property values. Now banks are largely required to work with independent appraisers, which should help fix the problems that may have led [...]

By Bankrate.com With interest rates at record lows and the stock market looking too perilous for small investors, many people are putting money in an asset they understand — real estate.One of the best places to invest is in foreclosures and bargain residential real estate.The current market conditions make it a perfect time for a [...]