According to experts, now is a great time to look into buying your first home! Mortgage rates are at an all time low, and the collapse in the housing market means that there are a huge variety of homes in every price range to choose from: and nearly all of them have eager sellers who [...]
Entries from March 2009
When Looking At Homes, Consult A Checklist
Mar. 21st, 2009
Overseas Markets Help Malta Property
Mar. 21st, 2009
Overseas holiday home property markets the world over are seeing sharp price declines and a real lack of serious buyers as the recession hits home. But it seems some areas of Europe are doing better than others at attracting new buyers and maintaining current property prices, while other locations have seen much sharper drops in [...]
7 Biggest Mistakes Realtors Make While Doing Short Sales – Mistake #7
Mar. 21st, 2009
One of the top mistakes realtors make while doing short sales is failing to know and really understanding the short sale process. This is possibly the biggest mistake of all, and a very frequent one. How often do we try to do something that we don’t understand, without first educating ourselves about it, or seeking [...]
Once in a Lifetime Opportunity for First Time Home Buyers
Mar. 20th, 2009
The headlines in the news the past six months would make most people believe the world is coming to an end. Our president figured that out this week by doing a 180 and speaking positively about the economy. After talking down the economy for two years on the campaign trail, during his time as president-elect, [...]
The Two Dimensions of Property Investing for High Returns
Mar. 20th, 2009
Real estate investing for high returns is not an easy task, especially in an environment with very high uncertainty such as the one that is currently prevailing in most property markets around the globe. The deep crisis in the global financial system that has passed to the real economies of almost every country in the [...]
Record of Foreclosure Homes Requests
Mar. 20th, 2009
Here is what you can buy with 100,000 USD on the real estate market in the USA. The decline of the real estate American market has determined, in some regions of the USA the decrease of prices of foreclosure homes by tens or even hundreds of thousands USD according to ABC. Foreclosure homes in Florida, [...]
Tips To Negotiate Like A Pro
Mar. 20th, 2009
Most investors will agree, negotiating a good deal is the most difficult part of real estate investing. Very rarely will you hear an investor say that he got everything he wanted. But practice makes perfect and in the meantime, here are a few suggestions to help you negotiate your next deal. The old saying of [...]
The Easy Way to Foreclosure Deals
Mar. 20th, 2009
There are easy ways to foreclosure deals but one must know the straight path otherwise things might get thorny. Foreclosure deals are not too good to be true – these are realistic truths that have to be worked for to be won. The market is flooded with millions of foreclosure properties and land. This trend [...]
Home Mortgage Borrowers Are Not That Sophisticated
Mar. 20th, 2009
When lenders develop new loan programs, they assume borrowers are sophisticated enough to understand the product and disciplined enough to use them properly. Both assumptions are bad, and these bad assumptions caused lenders and investors to lose a great deal of money during the housing bubble. Whenever lenders start loaning people money with total debt-to-income [...]
Americans Hope That Obama Can Help Them Get Rid of Homes Repossession
Mar. 20th, 2009
It seems that many Americans hope that the president Barack Obama can help them get rid of homes repossession. Using its right to make decisions within the banks, the democrat administration offers 75 billion dollars for refinancing 9 million Americans who can lose their homes. The president Barack Obama has announced the award of 75 [...]