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Archive for the ‘For Realty Professionals’ Category

Work With Your Bank to Avoid Foreclosure

Wednesday, August 19th, 2009

Though foreclosure statistics show that a large number of homes are still working their way through the system before they hit the real estate market, there is good news for homeowners facing foreclosure right now. Banks are willing to work with you on a loan modificaiton or short sale to avoid a foreclosure completely. However, if [...]

Mortgage Interest Rates Fluctuate With Changing Economy

Sunday, August 16th, 2009

Mortgage interest rates rose for the the third time in just four weeks. The rise should set off alarm bells for prospective buyers still unsure about entering the market. While home values are not expected to gain much ground in the near future, mortgage rates are much more volatile and will probably continue this incremental [...]

Valuing a REALTOR®’s Resources

Saturday, August 15th, 2009

Finding ways to save money is on everybody’s mind right now. Consumers are wary about spending at a time when economic growth has slowed to a halt. For buyers looking for a home, using a REALTOR® who can help navigate the short sale or foreclosure process is saving them money in the long run. Some [...]

Financing Condotels: Part Condo, Part Hotel

Friday, August 14th, 2009

First-time buyers purchasing in desirable areas are choosing the low-maintenance lifestyle of condominiums. Condos let a buyer make a well-priced investment, while getting to take advantage of shared amenities like pools and gym rooms. In major cities where condo owners only use their condos for vacation or temporary business use, they can rent out the space [...]

Financing Condotels: Part Condo, Part Hotel

Friday, August 14th, 2009

First-time buyers purchasing in desirable areas are choosing the low-maintenance lifestyle of condominiums. Condos let a buyer make a well-priced investment, while getting to take advantage of shared amenities like pools and gym rooms. In major cities where condo owners only use their condos for vacation or temporary business use, they can rent out the space [...]

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