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Recently Published: FHA Offers New Mortgages For Underwater Homeowners Beginning September 7, 2010, FHA will offer underwater non FHA borrowers who are current on their existing mortgage and whose lenders agree to write off at least 10% of the unpaid principal balance of the first mortgage an opportunity to qualify for a new FHA insured mortgage Real Estate Investing 6 Ways To Buy Property No Money Down By Dennis Henson Is it possible to buy property for no money down? Of course--there are many ways to totally finance the purchase of real estate. It just takes some imagination and some O.P.K. (Other Peoples Knowledge). Five Reasons To Exchange By Scott R. Saunders Section 1031 tax deferred exchanges continue to increase in popularity as more investors nationwide discover the wide range of investment objectives that can be easily met through exchanging..read more The Stock Market Looks At Real Estate Well, we all have heard the bad news, housing sales down again, hugely - 23% in the quarter. NAR reports that sales are at their lowest since the sales series launched in 1999, and single family sales are at the lowest level since May of 1995. What does the stock market have to say? read more... The Rental Sector Is Looking Up This may be the brightest sector and only strong story in a dismal market. There is a real sense of confidence building in the rental sector based on a few strong factors not present in the rest of the housing market.read more... Real Estate Markets: Whats The Catalyst Delinquencies and Foreclosures remain stable but elevated with two loans deteriorating for every one that has improved. So Whats The Catalyst.... Federal HomeBuyers Tax Credit Extension The U.S. House has passed a bill giving home buyers an extra three months to complete their purchases and still qualify for a generous tax credit.The Senate is working to reach an agreement with Republicans to pass the House-passed homebuyer tax credit closing date extension early as today. Appraisals: Costing Us Equity? When serious damage is done to an asset class and there is a big re-think regarding its true worth, no one truly knows what its worth, past assumptions may no longer be relevant. So appraisers are shooting in the dark Jobs Recovery and Rent If history is a guide, what happens with jobs will matter the most to the strength of the housing rebound, said Eric S. Belsky, executive director of Harvard's Joint Center for Housing Studies read more.. Strategic Defaults: A Strategic Option New research suggests that when a homes value falls below 75% of the amount owed, the owner starts to think hard about walking away,even if he or she has the money to keep paying. read more...
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