Downpayments are required again thanks to the credit crunch. Many people thought 100% financing would be made available forever. They were mistaken. One-hundred percent financing will never return because it exposes lenders to too much risk. Most people do not think of downpayments as a way of managing risk, but lenders do. Downpayments reduce risk [...]
Entries from January 2009
Downpayments Are Back! What Happened to 100% Financing?
Jan. 27th, 2009
Real Estate Statistics Do Not Tell The Truth
Jan. 27th, 2009
The numbers are posted each and every month. The national association of realtors, moodys economic data providers and many other companies and associations provide vital real estate statistics to the public. The question is, how reliable are the statistics and what do they mean. Anyone who has taken a statistics math class or who deals [...]
The Solution for Water Hammer
Jan. 27th, 2009
\’ Water hammer\’ is a very specific plumbing noise, it\’s a pressure surge or shock wave that is created when water moving through a pipe is force to either stop or change direction suddenly. For example, a ninety-degree pipe bend or union would cause this. Water hammer often occurs when a dishwasher, washing machine, toilet, or faucet shuts off water flow suddenly. This produces a loud bang or banging sound. The shock waves of the bang(ing) travel faster than the speed of sound and can create a great deal of pressures. Over time, water hammer effect can damage pipes, valves and even weaken pipe joints.
Time to buy San Diego Condominiums
Jan. 27th, 2009
High price appreciation has been the staple of real estate all over the country, San Diego has not be an exception. The prices of San Diego homes have risen, but since the recession, the prices have declined to where it is possible to purchase a San Diego condominiums.
Why Do $5,000 Of Repairs To Sell My Home? I Can Just Drop The price $5,000, Not!
Jan. 26th, 2009
Are you thinking of selling your home? Perhaps your home is already for sale or it has been for sale forever. A lot of the time when people decide to sell a home they would rather sell it than fix it. But there is a problem with that. Most buyers want a house that is [...]
Making Money in a Slow Real Estate Market
Jan. 26th, 2009
Supply & demand cut both ways, my fellow real estate junkies. Demand has plummeted, so what do we do? Swim against the tide and start buying, of course. The Purchase Plan: Double Distress Prices are down, but if you’re a real estate investor worth your salt, you still want a killer bargain. So here’s the [...]
The Allure of Larkspur California
Jan. 26th, 2009
Anyone who has visited Larkspur, California knows that this small city offers a unique and positive allure. Many people are charmed by the small town feeling that this Central Marin town of around 12,000 residents manages to invoke. The welcoming feeling is not only something that seems natural to the area, but is a quality [...]
Real Estate Properties in Orange Virginia
Jan. 26th, 2009
Sometimes when it comes to moving, it can become quite a chore. But one of the nice things about the Internet is that most people have found ways to make things easier for you the buyer. This can be if your shopping online for a gift or shopping online for a house. Recently I was [...]
Buying Foreclosed Property – 5 Great Tips That Will Help You Profit In The Current Financial Climate
Jan. 26th, 2009
The current financial climate has lead to an increase in mortgage defaults which puts the foreclosed properties on the market, often at a price well below market value. This would seem an ideal time to get into property investment, but before you jump straight in, there are some important things you really need to know. [...]
Learning How To Sell Your Home Is Really Very Easy
Jan. 26th, 2009
There is little doubt that the state of the economy right now is not good. Attempting to sell your own house right now may prove to be a difficult thing to do.