Struggling to handle your home loan during this recession? Have no fear, a lot of families are. However, you need to take action immediately! Contact your lender and inform them on your difficultly to repay the loan.
Entries from February 2009
Your Homeloan During a Recession: Is all Lost?
Feb. 27th, 2009
Regulatory Solutions to Prevent the Next Housing Bubble
Feb. 27th, 2009
The regulatory solution proposed herein is simple, yet far reaching. It comes in two parts, the first is to limit the amount lenders can loan to borrowers with a rather unique enforcement mechanism, and the second is to increase the penalties for borrowers who commit mortgage fraud. The following is not in legalese, but it [...]
Pricing Your Condo or Loft Properly the First Time
Feb. 27th, 2009
There are very different tactics used when pricing a house versus pricing a condo or loft. Houses use frontage and depth as a base price for land value and then adjustments are made for the actual dwelling. The physical house can vary in value based on its age, quality, renovations, functionality, which way it faces and surroundings. If it is in really bad shape and has to be torn down it can actually detract from the land value. On a house it is good to get a pre-inspection done so that there are no surprises when you come to looking at offers.
How A Conveyancing Solicitor Can Help Take The Stress Out
Feb. 27th, 2009
There are many tasks, which can be managed by your self in a better way than involving another party. Nevertheless, in case of conveyancing, you do not have to do things on your own. Conveyancing implies the official procedure of changing the registration of an asset from one party to another when it is sold or bought.
Dramatically Increase Property Value with an Extra Bathroom
Feb. 27th, 2009
The value of property will rise and fall but as a homeowner you will greatly benefit from the increases that will happen in the long run. Real estate value has shown to increase when you look at a span of several years.
Loans – Books on Personal Loans
Feb. 27th, 2009
Personal loans and all the terminology that goes with it can make your head spin after awhile. However, it is very important to educate yourself with the ins and outs of personal loans if you are considering obtaining one for any financial reason. Doing so can help ensure you get the right loan for your needs as well as prevent heartbreak down the road for you.
Buying a Nice Home in Austin, TX for a Good Price
Feb. 27th, 2009
Why would you want to buy a house today? If you turn on any news program, odds are you\’ll come across a piece on the terrible state of the economy, and the real estate sector in particular. In fact, it could be said that inflated home prices are what got us all into this mess in the first place.
Buying Defaulted Mortgages – One Exit Strategy is Not Enough
Feb. 27th, 2009
During a conversation the other day, a new Note Buyer told me that he decided to start investing in buying defaulted mortgages. He had been wholesaling properties for a very long time prior to this.
Marin County Real Estate Profiles – Tiburon California
Feb. 26th, 2009
Punta de Tiburon, translated as Shark’s Point, was the Spanish name for the town now known as Tiburon. Originally a Miwok Indian Village, Tiburon prospered as a Spanish Land Grant settlement, and later became a bustling railroad town in the 1800’s. Today Tiburon is a busy waterfront town, reminiscent of a quaint New England fishing [...]
Prop 60 – Great News for California Home Buyers Over 55
Feb. 26th, 2009
Are you over 55 and thinking about selling your home and moving into something smaller, but worried about the tax implications when you relocate? If so, you aren’t alone. As the baby boomers find themselves approaching retirement age and becoming empty nesters, their housing needs are changing along with their lifestyles – but inflation and [...]