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In sad news yesterday, more than 900 workers at HomEq lost their jobs in Sacramento County. Another HomEq servicing center in Raleigh is closing. I wonder how many employees at HomEq have a mortgage through HomEq and whether HomEq would qualify these homeowners for a short sale if they did. I wonder how [...]

I almost threw my wedding ring down the toilet yesterday. We all do doofus things from time to time, but most of us don’t talk about it. That’s because we don’t like to put ourselves out there on the chopping block. Unlike me, who will share the doofus things I do in [...]

Well, it’s that time of year again.  After this weekend of fun and relaxation for most, it will be time to think about the cooler fall and winter months ahead.  Preparing your home for the weather now is always a great idea.  Here’s a few tips you might want to consider the Autumn.
By following some [...]

You can buy a book to drive a car; understand the rules of the road, then you go out bump things and act foolishly on the highway? Why Because you didn’t know any better. So now to save money in real estate you will apply all those same life lessons to the financial management and growth of your retirement nest egg; you owning property in Toronto.

Avoid heart ache and wasted energy by hiring professionals. Call David Pylyp in Toronto.

Case-Shiller is a backward looking index. The increasing number of foreclosures, the complete collapse in new home sales, a massive increase in inventory, and the end of tax credits all suggest we are near the end of the line for this bounce in home prices.

What is a Deficiency Judgement?
Elk Grove Short Sale sellers have to be concerned with whether or not their lender will file a deficiency judgement against them or not. So what is a deficiency judgement?
According to Wikipedia – A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure [...]

Mortgage rates are low right now but pinning them down this week could be a challenge. As Labor Day Weekend nears and Wall Streeters take their head-start on the holiday, trading volume will fall, which will cause mortgage rates in Oklahoma to get jumpy.
As mortgage rates change, so does the long-term cost of owning a [...]

The truth is that home prices cannot rise faster than inflation unless we are inflating a bubble. The only thing surprising is that reasonable people who understand this are being heard right now. Usually, the bullshit from the NAr and the general level of kool aid intoxication in the media makes more noise.

This report is for June, the last month for the federal homebuyer tax credit. Home prices are likely falling today, but that may not be reflected in Case-Shiller reports for another couple of months. Their report is an average of three months.

Because I receive so many phone calls throughout the day, it’s sometimes difficult for me to answer my cell when it rings. This means callers often end up having to leave a message. I’m only one person and can’t be on two phones at the same time. To deal with this situation, I [...]

Homebuyers’ interest in green home features increases
More than half of all home shoppers report that green home features, from energy efficient appliances to solar panels, are an important part of their purchasing decision, though only one percent of home listings market these features to buyers, according to a ZipRealty survey.  The survey revealed that 55 [...]

California Short Sale sellers pay attention in the upcoming days as California SB 931 is closer to becoming a reality! When Governor Schwarzenegger signs California SB 931, Californians will rejoice! This should make California Short Sale sellers breathe a little easier. California SB 931 will ban deficiency judgements for California short sale [...]

Sacramento homebuyers, if you are looking at buying an older home in the Sacramento region you may qualify for a grant from Sacramento Association of Realtors for energy efficient improvements of $2,000. This grant program was funded by a $234,000 SAR fund and is believed to be the first of its kind in California.
To [...]

People often don’t pay attention to warnings. That’s because sometimes we look at them in jest, like Lost in Space: Danger, Will Robinson. I can advise sellers that the price of their short sale is too low, but they ultimately set the price, not me. I can also tell buyer’s agents that they need to [...]