While having deep emotions about the home you lived in, for a short or long while, is normal, it can cause a lot of trouble if you unleash your emotions during the process of the marketing and sale of your home.
Telling sellers to detach to sell their home is like telling the kid whose cat has a litter to stay emotionally reserved from the kittens. You lived in the house, cared for it, and now you're being told to detach from it.
Full Story: http://realtytimes.com/rtpages/20120921_detachtosell.htm
Think twice before deciding to rent your house to vacationers or others for short terms. Read this insightful article:
Buying a home is exciting and stressful.... whether you're a first-time homebuyer or an expert at it. The key to reducing the stress and successfully finding the home that matches your wants, needs, and budget is to have a home-buying strategy. Full Story: http://realtytimes.com/rtpages/20120831_homebuying.htm
Becoming a landlord is a risky business if you don't thoroughly check out your tenants before giving them the keys to the property.
Full Story: http://realtytimes.com/rtpages/20120828_landlords.htm
If you have been foreclosed upon, there is a three year minimum before you can get another mortgage. You must re-establish your credit as soon as possible. Do not make late payments after foreclosure.
- Weather 87 F and Sunny in Manila, Philippines
Maybe you want information about visiting as a tourist or to learn about
investing in the Philippines.
I have spent many months in the Republic of the Philippines and a short time in Singapore. I write about some of my experiences.
There are many new condo developments and residential subdivisions popping up all over the Philippine Islands.
If you have questions and would like to get in touch with me just send email to me at: vgtim at yahoo dot com.
Doesn't it make sense to find out how much house you can afford before looking at properties? Be sure you are qualified to buy. Sellers are going to expect you to be pre-qualified before they will want to entertain offers. Ask your REALTOR for the names of some lenders who do free pre-qualification interviews.
"... now Democrats and Republicans agree that the taxpayer should no longer be responsible for homes valued well above the national average, and are about to turn a top slice of the housing market into a testing ground for whether the private mortgage market can once again go it alone. The result, analysts say, will be higher-cost loans and fewer potential buyers for more expensive homes."
Read the full article at:
"...Time to File Form 1040
Miss the deadline and you could get slapped with a substantial, nondeductible penalty. Generally, the penalty is 5 percent of the balance due (the amount that remains unpaid after subtractions for taxes previously paid through withholdings from wages during 2010 and payments of estimated payments) for each month, or portion of a month, that a 1040 is late."
Full Story: http://realtytimes.com/rtpages/20110407_file.htm
Find foreclosures in Florida and / or in all states of the USA. There are many to chose from.
Visit our AmStarRealty.com website and visit this page:
You will find information about real estate subjects you are most interested at this comprehensive site.
If you are traveling or just curious check out our Currency Converter (some people refer to it as a Money Changer} at:
We provide it as a free public service. At our site you may search the entire Florida property listing service. Also check out our national and international pages.
The “local mortgage rates” thing is just a marketing strategy.
Read the whole post at : http://www.sundaymorningtalk.com/
To find mortgage rates visit: http://www.amstarrealty.com/mortgage-interest-rates.htm
Mortgage interest rates reached new record lows this week as consumer confidence declined, according data from Freddie Mac for the week ending today. The 30-year fixed-rate mortgage averaged a record-low 4.56 percent, down from 4.57 percent last week and 5.2 percent last year.
Go to http://www.sun-sentinel.com/business/yourmoney/sns-graphics-real-estate-short-sale-gx,0,5937745.graphic to see the chart explaining the process of a short sale.
Why try a short sale? Homeowners have a mortgage. The market value of the home is less than what is owed on the loan.
This a way you may want to use to sell your property. There are some pitfalls so be sure to study short sales before you enter into one.
The Federal Reserve reports that housing activity is up in 11 of the 12 banking districts. Read more about changes in the housing market at:
Also, check out the new, alphabetized, pull down menu at our site, www.amstarrealty.com
The new menu is available from virtually all pages at the site.
Looking for Florida real estate or International real estate? Visit our AmStar Realty Group website.
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"Because of falling home prices, borrowers who always paid their mortgage but who have run into unforeseen circumstances -- like unemployment or a job transfer -- can no longer sell their homes for what they owe. As a result, they are being forced to short sell or foreclose and are getting caught up in deficiency judgments.
"After the banks foreclose, it's very common now to have large deficiencies with houses not worth the balances owed," said Don Lampe, a North Carolina real estate attorney."
Read more about what can happen to you if your lender lets you sell your home for less than you owe on it. Click on the link below for the whole story.
"More misery on the foreclosure front: Lenders filed more than 7,000 notices in November against property owners in Palm Beach, Broward and Miami-Dade counties, according to report from Condo Vultures.
The November tally is a 15 percent increase over November 2008. The region is on pace for nearly 97,000 foreclosure filings this year, up from 75,000 in 2008.
On a related front, Zillow.com said Wednesday that homes in the South Florida metro area lost $45.9 billion in value during the first 11 months of this year, down from $137.2 billion in 2008."
From Sun Sentinel: http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2009/12/foreclosure_filings_skyrocket_1.html