Mortgage Fraud Scams Tips
Real Estate - Renting a Foreclosed Home Leasing - Careers
Be careful what you sign - There are numerous scams involving deed transfer or questionable loan paperwork. The strategy varies, but the goal is always the same; separate you from your money and, possibly, your property.
Never sign over your deed. Scenario: transferring the deed is presented as a necessity to negotiate on your behalf. Whereas it is true that the lender will only negotiate with the owner, you can authorize an attorney or qualified third party individual to represent your interests. There is no need to alter your deed.
Ahorre 09:27 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Risky Home Buyers 2008-2009
Real Estate - Renting a Foreclosed Home Leasing - Careers
The bubble period of 2000 to 2006 was extremely friendly to risky home buyers. This was when lenders were offering 100% financing and turning a blind eye risky borrower.
Even if the real estate bubble had not been followed by the 2008-2009 financial crisis, the foreclosure rate among the risky buyers would have been horrendous. Any bump in the road is enough to throw home-owning in the ditch.
Ahorre 06:07 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Month-to-Month Mortgage Risky Homeowners
Real Estate - Renting a Foreclosed Home Leasing - Careers
Some people are not cut out to be homeowners. What distinguishes them is not their income, their mobility, or where they live rather, it is how they live. Some people week-to-week or month-to-month, depending on how often they are paid. Typically, they have nothing left at the end of the period, and if they run out early, they often borrow at high interest rates.
"Month-to-Month Mortgage Risky Homeowners"
Ahorre 06:03 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Reverse Mortgage Retirement Incomes
Ahorre 03:02 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Real Estate Agents Safety Tips
Real Estate Tips - The Home Foreclosure Crisis
While most real estate practitioners don’t dwell on all the ways their career makes them vulnerable to criminals, safety and security consultant Andrew Wooten discussed several key steps that can reduce your chances of being harmed on the job during the Professional Development Forum on Thursday at the 2009 REALTORS® Midyear Legislative Meetings.
He offered the following safety tips:
* Listen to yourself. Don’t enter a situation if something doesn’t feel right. Pay attention to your surroundings and trust yourself.
* Ask for an I.D. When meeting clients for the first time, ask them to produce a driver’s license. To reduce awkwardness, explain that is the policy of your brokerage for clients to show identification.
* Take separate cars. If you don’t know clients well, ask them to take their own vehicle to visit properties. And meet them initially at a restaurant or other public place.
* Kill them with kindness. If you think you are being followed, say hello and make other friendly comments. This sends the message that you notice who’s around you, and could thwart a potential assault since you are reducing the chance of a “surprise attack.”
* Get on the phone. When you are feeling vulnerable around someone, call a colleague and mention your current whereabouts and where you are headed next so that person can hear your conversation. They will be less likely to cause a problem when they realize others know their location.
* Meet the neighbors. Before an open house, knock on the door of the neighbors, invite them to come over, and leave your business cards. The more people aware of your whereabouts the better.
Ahorre 02:02 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Foreclosures during April 2009
Real Estate Tips - Foreclosures April 2009
Foreclosures continued to accelerate with April, exceeding even the record pace in March. More than 342,000 homes received foreclosure notices that's one of every 374 U.S. homes, marking the highest monthly rate since online foreclosure marketer RealtyTrac began counting four years ago.
Compared with April 2008, foreclosures were up 32 percent. "April was a shocker," says Rick Sharga, a spokesman for RealtyTrac. "I would have bet on a dip because March foreclosures were so high."
Sharga predicts that the numbers will continue to climb because legislative and industry moratoriums have ended and lenders and servicers are kicking into high gear.
"Foreclosures during April 2009"
Ahorre 01:59 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
How the Stimulus Can Help My Business
Real Estate Tips - Time will tell if the new economic stimulus package will impact the U.S. housing market. "Real Estate Professionals" across the U.S. can affect the ultimate outcome of this government initiative.
"How the Stimulus Can Help My Business"
Ahorre 08:40 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
About Redfin's New Referral Networks
Feb 2009 Redfin New Referral Network - High-tech real estate company Redfin today announced the launch of a referral network that seeks to grow the company's reach to new markets without adding more feet on the ground.
"About Redfin's New Referral Networks"
Ahorre 08:48 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Real Estate Condo Convert San Francisco
Basics of Real Estate - Real Estate Agent Selection - Real Estate Web Home Buying - Foreclosures -
Curbed.com - the line to condo-convert was getting so long that a tenancy-in-common that got in line in 2010 would have to wait until 2034 before being allowed to convert to condos, a length of time that some would hysterically consider just way too freaking long (note that only 200 are allowed a year). However, if this new proposal goes through, and it'll need either voter or Board of Supervisors approval to do so, we're talking 2,030 individual units that just might be willing to fork over the cash to never hear or speak of the stinkin' condo lottery again. Could anyone ever be more excited to pay the city more money?
Ahorre 08:40 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Zillow 2008 Q4 Homeowners Confidence Surveys
The Basics of Real Estate - Real Estate Agent Selection - Real Estate Web Home Buying - Foreclosures - About 50% those surveyed in Zillow.com's Q4 Homeowner Confidence Survey believe their own home lost value in 2008, more than two-thirds appear to believe that the worst may be over.
"Zillow 2008 Q4 Homeowners Confidence Surveys"
Ahorre 08:27 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Few tips on Buying a House
With so many homes for sale, prospective home buyers don’t know where to begin. For many the purchase of a new home is possibly their largest purchase ever...
Home Buying Tips - don’t waste more time than needed. * Consider square footage. On a square footage basis, small homes tend to cost more than large ones. In general, mid-size homes offer buyers the most space for the money. * The more baths the better. The ideal is to give every member of the family his or her own bathroom. * Curb appeal counts. Look at the address on a map and see how close it is to busy streets, big-box retailers and other neighbors that may not be attractive. * Instincts matter, so trust them. If the buyer doesn’t like what they see in the first five minutes, it probably isn’t the home for them.
Ahorre 03:14 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Advice on Buying Mexico Real Estate Buying
*** Investing in Mexico Real Estate Purchasing Process
Ahorre 10:26 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Learn About Real Estate Foreclosures
About Foreclosure Prevention Advice | The Foreclosure Problems
Investor Home Foreclosures | The Home Foreclosure Crisis
Home Foreclosure Problems | Mortgage Backed Securities
Ahorre 07:30 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Single Family Homes and Condos Sales
Learn About Real Estate "The Housing Recovery" Report - Until the excess inventory of 950,000 single-family homes and condos sitting vacant in the United States has been depleted, no significant housing upturn is likely until 2010 at the earliest, according to a housing market analysis.
"Single Family Homes and Condos Sales"
Ahorre 07:48 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
Investing in Waterfront Land Properties USA
"Investing in Waterfront Land Properties USA"
Ahorre 10:20 AM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
About the Different Real Estate Web Sites
Real Estate Web Sites - Real estate site Zillow.com climbed from sixth place in June to third place in July and apartment search site MyNewPlace.com rose from 19th place to 16th in the latest monthly ranking of real estate Web sites released by Web metrics company Hitwise.
"About the Different Real Estate Web Sites"
Ahorre 12:22 PM | Foreclosed Homes | Credit Scores | Mortgage Buying | Real Estate
